Employee theft is not just about millions of dollars embezzled from corporate giants. It happens in all kinds of businesses, from neighborhood stores to local cafes. And it’s often small, repeated actions that add up over time and significantly impact the bottom line. With their limited resources, small businesses can feel the pinch even more.
(more…)
In an effort to safeguard small businesses and organizations from unscrupulous scammers, the IRS has introduced a withdrawal process for those who have filed an Employee Retention Credit (ERC) claim and have concerns about its accuracy.
(more…)
Since 1975, the Form 5500 Series has served as a tool for employee benefit plans to meet annual reporting obligations. It’s essentially the public face of your plan and where transparency and accuracy reign supreme.
(more…)
Bonus depreciation is a valuable tax incentive that allows businesses to recover the costs of qualifying assets quicker than traditional depreciation methods. (more…)
Internships are an excellent opportunity for students to get real-world work experience and for employers to get help with special projects and recruiting potential employees for the future. But what do you know about compensating interns? (more…)