December 7, 2016
President-elect Donald Trump has vowed to implement sweeping tax law changes during the early days of his administration. But we may not have to wait until Trump takes office for significant tax legislation to be enacted. A lame-duck session of ...
November 2, 2016
In order to increase productivity and reduce workload, many accounting firms are opting for software products like CRMs (Customer Relationship Management systems) that will help them get more clients, streamline processes, improve client relationships ...
October 25, 2016
The Internal Revenue Service has announced the tax year 2017 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes. Revenue Procedure 2016-55 provides details about these annual adjustments.
October 12, 2016
The Thomson Reuters Checkpoint State Benefits Primary Law Library provides access to primary law for all 50 states plus the District of Columbia, and covers a wide range of topics in employee benefits law to help employers, advisors, attorneys and ...
October 3, 2016
Millennials are also much more likely to embrace nontraditional benefits and work/life balance than boomers. Nearly one-third of millennials (32%) ranked more paid time off, greater opportunities for flexible work arrangements and career advancement ...
September 19, 2016
Small business owners are finding that the implementation of the Affordable Care Act (ACA) has decreased the appeal of health care benefits to employees and increased retirement plans' importance as a tool to recruit and retain employees.
September 6, 2016
Many employers view time clocks merely as a way to automate the punch in/punch out process, but today’s time clock technology offers significant advantages beyond electronic punching.
September 6, 2016
Do you have clients who have botched IRA rollovers? It’s not unusual. Taxpayers can miss the 60-day deadline for a variety of reasons or it might simply slip their mind. The result can be a painful tax lesson.
August 29, 2016
In recent years, the EEOC has investigated PwC and Deloitte. In the case of Deloitte, the EEOC demanded that the firm eliminate its mandatory retirement age requirement and offer compensation and reinstatement to retired partners. Deloitte appealed.
August 17, 2016
People age 35-plus don't think they will be able to retire when they hit the traditional retirement age. While 87 percent of those surveyed who are working full time say they want to retire someday with nearly 70 percent of those hoping to retire ...
August 16, 2016
If some of your employees are looking to go back to school, or to enroll in college courses for the first time, you might decide to lend a helping hand. An employer can set up a program that effectively pays for all or most of the costs on a ...
August 16, 2016
To help ease the burden of hard-working parents, employers may institute a dependent care assistance plan for employees. Under such a plan, payments made to third parties like babysitters and day care centers are excluded from income if the costs ...