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 requirements, as they are generally for employers with 50 or more employees. “Collecting pay data is a significant step forward in addressing…
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…
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….
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…
There’s no such thing as a perfect employee. Everyone has something to contribute, and hopefully you have a solid team of dedicated professionals you can count on. However, all employees have areas they could improve. As the leader of your team, what is your approach? Do you focus more on developing their strengths or helping…
Do you have a thriving business which is secure and ready for growth opportunities? Have you thought about expanding internationally? The U.S. government has resources for American businesses who are looking to get started internationally. The Department of Commerce has a site dedicated to this. Check out Export.gov for more information. There are both business…
Just last week, the IRS announced that it could be easier to get a waiver for missing the 60-day deadline on retirement plan rollovers. This is great news for anyone who may have missed that deadline and would have incurred early distribution penalty taxes. Taxpayers can now apply for a one-time waiver – repeat requests…
As a business owner, you have numerous demands on your time. The 40-hour workweek doesn’t exist for you. Even if there’s not a crisis, there is a constant stream of issues requiring your attention. Time is money, and no one knows that better than you. A recent study found that small business owners valued their…
According to the IRS, 83% of U.S. taxpayers accurately report their income and pay their taxes. That figure isn’t so bad when you compare it with Germany at 68%, Italy at 62%, or Greece at a startling 50%. Nonetheless, the IRS audits around 0.8% of tax returns each year. If you receive notice that you’re…
If you think about the most iconic brands, their logos are instantly recognizable. Some marketing experts say a logo is the most important visual representation of your business. Your logo is the face of your brand. What do you want your logo to convey about your business? Marketing is about fresh and new. You don’t…
