How many Baby Boomer employees (those born between 1946 and 1964) will be leaving your organization in the next five years? When retiring employees clear out their desks and walk...
Blog
Manage Debts to Protect Bottom Line
Paying your company debts is just as important as collecting your own accounts receivable and they need just as much management. The good thing is, you actually have a surprising...
Donations of Stock to a Private Foundation
Are you interested in setting up a private foundation? With this approach, you make contributions to a foundation and get a charitable tax deduction just as you would with any...
Revenue Recognition: Private Companies Prepare for New Rules
Private companies that follow U.S. Generally Accepted Accounting Principles (GAAP) are running out of time to implement the new revenue recognition rules. Are your accounting...
Gender-Based Pay Discrimination Allegations: Is Your Business Vulnerable?
Laws and regulations governing gender-based pay equality have been on the books for decades. But equal pay for men and women has become a hot button in the business world, thanks...
Overview of Real Estate Depreciation Changes
The Tax Cuts and Jobs Act (TCJA) included several favorable changes to the federal income tax depreciation rules for real estate. However, one intended change didn't make it into...
DOL Pitches Auto-Portability Program to Preserve Retirement Savings
The U.S. Department of Labor (DOL) is advancing a proposal that would enable 401(k) plan sponsors to automatically transfer account balances up to $5,000 of former participants...
The IRS Tells Employers How to Report W-2 Scams
The IRS is explaining, in a recent release, what employers should do if they become the victim of a W-2 scam. Background Information Any employer could become the target of a W-2...
Beware of Deductions Claimed for Certain Business Expenses
To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is...
Employers: Consider Telemedicine and Make Sure Employees Use It
Telemedicine continues to change the way that medical professionals and patients interact. In a survey by the Mercer consulting firm, nearly three-quarters of employers with at...
