Cash or accrual accounting: What’s best for tax purposes?
August 19, 2024
Choosing between the cash method of accounting and the accrual method for tax purposes can impact your tax situation. But not all businesses qualify for both methods.
Employers with health care plans should keep HIPAA risks in mind
August 16, 2024
Every employer that sponsors a health care plan must follow HIPAA’s rules for updating and distributing a Notice of Privacy Practices. Important details here.
Employers considering new 401(k) plans should review auto-enrollment rules
August 15, 2024
Sooner or later, many employers ponder the possibility of sponsoring a 401(k). If your organization is heading in that direction, bear in mind that auto-enrollment rules for new plans will take effect in 2025.
Take charge of working capital management
August 12, 2024
Here are three practical tips to manage your company’s working capital more efficiently.
Documenting employee disciplinary actions demands attention to detail
August 9, 2024
Employers: If your organization must discipline an employee, it’s important to have a thorough documentation process. You want to not only fix the problem, but also help protect yourself.
The possible tax landscape for businesses in the future
August 6, 2024
The tax landscape for businesses may change significantly in the near future. That’s because provisions in the Tax Cuts and Jobs Act are scheduled to expire and the November elections will be decided. Here are some possible outcomes.
