Attracting and retaining top talent in today's competitive job market requires innovative benefits. Today's employers are constantly looking for ways to offer workers more competitive benefits...
Tracking and managing finances is incredibly important for any organization—even a nonprofit one. Part of minding finances as a nonprofit is engaging in effective cash management. Fortunately, there...
Although it may seem like tax season only just ended, the end of summer is an ideal time for taxpayers to review their own income and withholding for the upcoming tax year. All too often, taxpayers...
Nonprofit organizations with 501(c)(3) status may be exempt from federal (and possibly state) income taxes. However, this does not mean that these organizations cannot be audited by the Internal...
When manufacturing companies optimize their processes, it is a win-win proposition for the Company and the consumer. In addition, adoption of robotics can increase workplace safety for employees by...
It is very common for families to pay for the costs associated with caring for children, family members and other dependents. However, there are plenty of tax deductions, credits, and other...
Employers that sponsor EBPs must ensure that they comply with federal laws enforced by the IRS and the U.S. Department of Labor (DOL). The government uses Form 5500 to collect information about EBPs...
In September 2023, the Department of Labor (DOL) proposed new regulations under the Fair Labor Standards Act of 1938 (FLSA). The proposed changes will have far-reaching impacts on many businesses...
Many business owners may be aware of pass-through deduction but lesser of them may realize that they can utilize eligible retirement contributions to potentially gain a huge tax advantage on...
Have you ever questioned what expenses you can write off after paying for a business lunch or providing food for an office meeting? Maximizing tax deductions while avoiding potential issues with tax...