News and Updates

Are Health Savings Accounts the Cure?

Open enrollment for health care benefits has begun at many companies. If your employer lets you...

Planning a Graceful (and Profitable) Exit from Your Small Business

At some point, every business owner leaves the company, either voluntarily through retirement or...

Social Security Wage Base and Earnings Test Amounts Increase in 2024

The Social Security Administration (SSA) recently announced that the "wage base" for computing...

New Business Travel Per Diem Rates Are Effective on October 1

Are you and your employees frustrated by the time-consuming task of documenting and reviewing...

Year-End Holiday Parties and Gifts: What’s Taxable?

The holidays are just around the corner, and now is the time for employers to start thinking about...

Coming Soon: Changes to the 401(k) Plan Participation Rules

Years ago, employers could excludepart-time employees—those who work less than 1,000 hours per...

Leveraging AI to Add Value to Your Business

Artificial intelligence (AI) has been around for years. In November 2022, however, the technology...

Will Your Crypto Transactions Be Reported on a Form 1099?

Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency...

Update on New Retirement Account Catch-Up Contribution Rules

The Setting Every Community Up for Retirement Enhancement (SECURE) Actbrought numerous changes to...

Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules

Attention: Your business may soon have to meet new reporting requirements that take effect on...