Benefits

July 27, 2020 

The National Retail Federation is applauding legislation introduced by Congress that would give small businesses new coronavirus pandemic assistance that could be used to pay expenses such as rent and taxes rather than just employee wages.

July 27, 2020 

Since the COVID-19 pandemic, the demand for contactless and automated payment solutions to provide safe, secure experiences for conducting transactions has risen sharply. Along with the desire for greater personal security, many businesses are ...

July 27, 2020 

The signature-ready forgiveness application function is available to all Paychex Flex customers as part of their payroll service at no additional charge. It will also be available to customers of Oasis, a Paychex company, in the coming weeks.

July 23, 2020 

Instead of a payroll tax cut, the GOP will now back $1,200 checks for individuals who make up to $75,000 a year, exactly as in the March stimulus bill. Mnuchin said that would get money into the economy faster than cutting the payroll tax, which would ...

July 23, 2020 

For services provided on or after Jan. 1, 2020, and for plan years beginning on or before Dec. 31, 2021, high-deductible healthcare plans (HDHPs) with HSAs provide coverage for telehealth or other remote care services without a deductible or having to ...

July 23, 2020 

The primary factor driving the quarter-over-quarter financial satisfaction decline was a 246 percent (75 point) increase in underemployment. Rising underemployment hurts overall financial satisfaction.

July 23, 2020 

Even before the pandemic, states increasingly viewed unclaimed property as a key revenue driver and audit target. High-profile lawsuits between states and an ongoing case before the United States Supreme Court have also raised awareness.

July 20, 2020 

Top-scoring businesses on the index — those scoring 80% or higher — were also recognized as “Best Places to Work for Disability Inclusion.” This marks the second year in a row Grant Thornton has been named a best place to work for ...

July 17, 2020 

Tax sheltering and land investing go hand-in-hand. That’s because there are a myriad of tax sheltering options from which to choose, including 1031 exchanges, Delaware Statutory Trusts (DSTs), depletion of tax ...

July 17, 2020 

Leaders from five international tax organizations are marking the two-year anniversary of the formation of the Joint Chiefs of Global Tax Enforcement (J5) this week. The J5 includes the Australian Taxation Office (ATO, the Canadian Revenue Agency (CRA), the Dutch Fiscal Information and Investigation Service (FIOD), Her Majesty’s Revenue and Customs (HMRC) from the UK...…

July 17, 2020 

In March 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide emergency assistance and healthcare response for individuals, families, and businesses affected by the Coronavirus pandemic. The Small Business Administration (SBA) received funding and authority through the CARES Act to modify existing loan programs to assist small businesses...…

July 14, 2020 

The post-pandemic workplace in many cases will be rife with obstacles that could overwhelm some employers. Knowing what may be around the corner and taking steps to avoid it may help employers successfully acclimate to the new environment.

Richard D. Alaniz, JD