The federal government has told tens of thousands of small businesses that it is time to stop – If your business has been claiming the Employee Retention Tax Credit (ERTC) for wages paid this year, the much-needed relief is over. The infrastructure bill ends the ERTC for wages paid after September 30, 2021—which is one ...
Digitizing Operations: Technology has been a driving force in the business world, especially in recent years. When the world turned upside down due to the COVID-19 pandemic in 2020, businesses scrambled to quickly transition to operating remotely, resulting in operation digitization across the globe. Aside from the remote work transition, the focus on high tech has ...
The U.S. Department of Labor (DOL) has created an online tool to help workers determine whether they qualify for paid leave under the Families First Coronavirus Response Act (FFCRA). The tool poses questions to help employees assess whether their employers are subject to the paid leave provisions of the FFCRA. Then, for employees whose employers ...
Having a sound safety program designed to continuously improve can yield significant savings by reducing injuries and illnesses over the long run–saving workers’ compensation dollars and protecting your bottom line. The Five Steps You can control workers’ compensation costs with five steps designed to create a well-rounded safety program that produces a safer job site, ...
It’s common for business leaders to find themselves in unfamiliar territory when it comes to their company’s taxes, and tax credits specifically. The Work Opportunity Tax Credit (WOTC) is one tax credit that many are underutilizing, meaning they are leaving money on the table when it comes time to do their taxes. WOTC helps transform ...
No matter the scope you envisioned for your business when you were first starting out, it’s likely that if your company has been successful, then that scope has been broadened. If you have expanded as a company, then you’ve probably found that you often have more work that needs to be done than you can ...
The IRS has released the long-awaited final version of the 2020 Form W-4, Employee’s Withholding Certificate, with major revisions designed to make accurate income-tax withholding easier for employees starting next year. In August, the IRS posted FAQs about the changes incorporated in the revised form. These are the key points employers should note, the IRS said ...
