EEOC updates guidance on employer COVID-19 vaccine incentives
November 1, 2021
The EEOC has updated its guidance on whether employers are limited in how they can incentivize employees to get vaccinated against COVID-19. Details here.
Thinking about participating in your employer’s 401(k) plan? Here’s how it works
October 28, 2021
If you’re fortunate to have an employer offering a 401(k) plan, you may wonder if you should participate. Here are the basic features of these plans.
IRS information letters share helpful details on HDHPs + HSAs
October 27, 2021
Does your organization offer employees an HDHP and an HSA? If so, two recent IRS information letters provide insight into some finer points of plan administration.
Demand mounts for ESG attestations
October 26, 2021
Stakeholders want to know where your organization stands on environmental, social and governance (ESG) matters. An audited sustainability report can show your commitment to responsible business practices.
Employers: The Social Security wage base is increasing in 2022
October 25, 2021
Business owners and their employees don’t have to pay Social Security tax on all their wages. Amounts above a certain threshold aren’t subject to Social Security tax. The “wage base” for 2022 was recently announced.
You may owe “nanny tax” even if you don’t have a nanny
October 20, 2021
In 2021, if you pay a household worker cash wages of $2,300 or more, you must withhold and pay Social Security and Medicare taxes. Learn about what this amount will be for 2022, as well as the tax obligations for household workers.
