It takes a dedicated team to get a business off the ground and also keep it running proficiently. Most successful businesses are able to do this by having knowledgeable and talented employees. But, finding these employees and keeping them on your team takes more than just luck. One of the best ways to retain your talented employees is by making … Read More
Ask the Tax Expert
Q: How do I void a 1099 that was electronically filed with the IRS. I filed the same form twice in error. Should I create a VOID form with all the same amounts? A: In order to void out a duplicate 1099 filed in error, you will need to file a new 1099 with the IRS with the “CORRECTED” box checked … Read More
Four Things Employers Should Know About Pay Transparency
What is pay transparency and why is it important to employees and job seekers? Pay transparency is the idea that companies should be open with their applicants and employees about pay and what factors they include when making compensation decisions. It has been growing in popularity, and in some states, it’s even a legal requirement for employers. With the current job … Read More
SECURE 2.0 Update: Where It Stands, What’s Likely to be Included
Substantial retirement reform legislation expected to pass by year’s end being cobbled together from three bills with many similar objectives Provisions in all three bills Some of the provisions that are in all three bills include: Further expand eligibility for long-term, part-time employees to make 401k plan contributions by lowering the service requirement from 3 years to 2 years. … Read More
The Qualities of Great Managers and How to Develop Them
When you think about your favorites managers what about them made them great? Was it the success you earned while working with them? Your employer may have evaluated them based on metrics like team productivity or turnover rates. Great managers are usually good at leading productive, low-turnover teams, but those aren’t the things their employees remember. So what about them … Read More