Recognizing a work anniversary is a great opportunity to show how much you appreciate an employee’s commitment to the success of your organization. Here are some options you might consider: A personal note of appreciation from their manager A video message, digital card, or physical...
The EEO-1 data collection online filing system is now open for employers to submit 2024 EEO-1 Component 1 reports. The submission period runs from May 20, 2025, through June 24, 2025—a shorter window than in prior years. As a reminder, the EEO-1 Component 1 report is...
Navigating the labyrinth of government regulations is a daunting task for many small business owners, and recent developments from the U.S. Treasury Department have added a new twist to the tale. In a surprising turn, the Treasury has announced plans to limit the Corporate Transparency...
WASHINGTON —The Internal Revenue Service reminded low- and moderate-income taxpayers that they can save for retirement now and possibly earn a tax credit in 2025 and future years. The Retirement Savings Contributions Credit, also known as the Saver’s Credit, helps taxpayers offset a portion of the...
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (CTA). While this pause creates some uncertainty, it’s important to understand the potential next steps and what this means...
The Federal Reserve will be closed in observance of Thanksgiving Day on November 28th. Check dates on or after the holiday will be affected. Affected check dates include: Thursday, November 28th Friday, November 29th Monday, December 2nd Tuesday, December 3rd Wednesday, December 4th Please check...
Question: An employee called out a few days ago by leaving a message with some vague information about being ill and hasn’t followed up since. Can we consider this a voluntary resignation and start the termination process? Answer: Most likely not. There are many reasons why your...
Workers who are considered employees do not have to pay their own taxes during the year. Instead, employers withhold income tax from their employees’ paychecks and pay it to the IRS on behalf of the employee. Now, if not enough tax is withheld from each employee’s...