Dec 09, 2016

Tax Alert: Refund Delays in 2017

The Internal Revenue Service (IRS) has issued a reminder that it will be delaying refunds for taxpayers claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC). The delay is meant to give the IRS more time to detect fraudulent tax refunds, which have become a growing problem in recent years. […]

+ Read More

Dec 02, 2016

Trump and Taxes

In a recent Forbes article, tax attorney Dean Zerbe makes some predictions about what we’ll see from President-elect Trump. President-elect Donald Trump has yet to formalize a tax plan, but based on his proposals, Zerbe believes we can expect the following: Ordinary income: Trump campaigned on tax cuts of up to 33% and the elimination […]

+ Read More

Nov 23, 2016

Urgent Update: Department of Labor Ruling Blocked

Late yesterday, a federal judge in Texas blocked the Department of Labor’s ruling on overtime pay, which was set to take effect on December 1st. This is the ruling that would require employers to pay employees making under $47,476 per year at a rate of time and one half their regular hourly pay, for all […]

+ Read More

Nov 04, 2016

Don’t Lose Your Top Performers

Are your top performers satisfied at your business? Hopefully you have an open dialog with your employees, and you have an idea of how they’re feeling about their jobs. However, there are some things that signal an employee’s impending departure. A recent article from The Creative Group looks at these signs. Here are some things […]

+ Read More

Oct 27, 2016

Election 2016: Your Obligations to Your Employees

Don’t worry, this isn’t another political post! As you know, election 2016 is imminent. Did you also know that in some states, employers have legal responsibilities on voting day? Attorney Richard Alaniz advises employers to familiarize themselves with their legal obligations and plan ahead. “With the election looming, companies that are required to offer time […]

+ Read More

Oct 21, 2016

Prepare Now for New Filing Deadline

The IRS has announced a new deadline for W-2 and 1099 filings. It is important to plan now, as the deadline has been moved up. From CPA Practice Advisor: “Historically, filers were required to provide W-2 and 1099-MISC forms to recipients by January 31; however, they were not required to submit the forms to the […]

+ Read More

Oct 14, 2016

EEOC Will Collect Pay Data in 2018

In 2018, some employers will be required to submit employee pay data. Read more to see if your business will be affected. The U.S. Equal Employment Opportunity Commission (EEOC) announced that some employers will be required to submit data regarding employees’ pay, beginning March 31, 2018. Smaller businesses may not be affected by these new […]

+ Read More

Oct 07, 2016

Job Flexibility: Dispelling the Myths

Employers are fighting harder, and offering more perks, to land the best employees. Do you give workers the flexibility they’re looking for? You’ve probably read about the changes in business and virtual workplace. With many industries facing labor shortages, employers have gotten creative with perks and benefits. Ping pong tables, yoga classes, fancy snacks and […]

+ Read More

Sep 26, 2016

Special Tax Alert: Tax Credit Deadline 9/28

Employers of workers facing significant barriers to employment are urged to apply for the Work Opportunity Tax Credit (WOTC) enacted by the Protecting Americans from Tax Hikes (PATH) Act. The deadline to request certification has been extended to September 28, 2016 and applies to workers hired between January 1, 2015 and August 31, 2016. Nine […]

+ Read More

Sep 23, 2016

Managing Benefit Risks and Costs

A new study examined finance executives’ current views on retirement and benefits issues. Read some of the highlights from this new research. The comprehensive new study evaluates finance executives’ outlooks on a number of topics regarding defined benefit retirement programs. Overwhelmingly, they believe their ability to manage benefit risks and costs is essential to their […]

+ Read More