Retirement Plan Startup Costs Tax Credit June 28, 2021 A tax credit for small-employer pension plan startup costs may be awaiting you. You may … Read More
Planning Ahead for Tax Credits and Deductions June 28, 2021 Everybody wants to pay as little in taxes as possible. Most people use software or … Read More
What Is a Money Purchase Pension Plan? June 1, 2021 A money purchase pension plan is an employee retirement benefit plan that requires companies to … Read More
IRS Adjusts HSA Limits for 2022 June 1, 2021 As it does each year, the IRS has announced changes for health savings accounts, which … Read More
Employers Get Tax Breaks for Vaccination Leave April 28, 2021 Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse … Read More
Repaying Deferred Payroll Taxes March 22, 2021 IRS Notice 2020-65 allowed employers to defer withholding and payment of the employee’s Social Security … Read More
7 Key Aspects of Payroll Compliance March 22, 2021 1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage … Read More
Employee Retention Tax Credit Gets a Boost February 2, 2021 The second relief bill, passed at the end of 2020, contains updates to the employee … Read More