December 10, 2019
Navigating through the waters of health insurance coverage is tricky. You might be wondering, "Do employers have to offer health insurance?" Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to ...
October 24, 2019
Many employers outsource to third-party payroll service providers some or all their payroll and related tax duties, such as tax withholding, reporting and making tax deposits. Third-party payroll service providers can help assure filing deadlines and ...
October 17, 2019
Members of the military and their families often qualify for tax benefits that could lower the tax they owe or allow them more time to file and pay their federal taxes. One of the key sources of information for military families ...
July 2, 2019
New financial management technologies enable businesses to grow and provide an avenue to elevate their market status. These technologies help businesses recognize emerging opportunities and pinpoint obstacles in their way, while also providing a ...
June 12, 2019
Financial management is steering away from the old days of paper-based, manual processes and into an increasingly digital world – and for good reason. We live in a digital economy where nearly every facet of life – including financial management ...
May 21, 2019
The AICPA explained in its letter that the TCJA amended Internal Revenue Code section 274(a)(4) so that no deduction is allowed for the expenses of any qualified transportation fringe benefit (QTF) provided by a taxpayer to an employee. Under ...
May 7, 2019
What do workers want from their employers this summer? In a recent survey from staffing firm Accountemps, employees said the best summer perks their companies could provide to them are flexible ...
February 22, 2019
Accounting managers understand the persuasive power of a competitive salary when wooing top talent. But it doesn’t stop there. Benefits, perks and incentives can also be deal-makers. Highly skilled accountants and auditors want a well-rounded package ...
January 31, 2019
New employee benefits include paid parental leave and paid bereavement leave. Administrative and paraprofessional staff will receive the benefit of an additional week of paid time off after five years of service. This is in conjunction with five weeks PTO
January 31, 2019
Employees are split on the most complicated aspect of making annual benefit elections: 29 percent say it’s keeping up with plan changes; 28 percent say it’s trying to predict personal and family needs; and 28 percent say it’s evaluating all of the ...
December 17, 2018
Prior to the TCJA, nonprofits and for-profit entities could provide certain transportation benefits to employees that were excluded from tax, up to a stated monthly amount, and deductible by the organization. The maximum exclusion, which was indexed ...
December 17, 2018
The new rules assist taxpayers in determining the amount of parking expenses that are no longer tax deductible. They also help tax-exempt organizations determine how these nondeductible parking expenses create or increase unrelated business taxable ...