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The Affordable Care Act generally requires mental health coverage to be included in employer health insurance plans. However, many employers offer additional benefits to help employees manage their mental health.
The month-end close is a pain point for many small to midsize organizations. While internal accounting teams often aim to wrap up the close within three days, a recent survey
Governor Kehoe expected to sign bill repealing sick leave and inflation indexing provisions Following weeks of debate and procedural maneuvering, the Missouri Senate has passed legislation to repeal the paid
One question the family of a deceased person often asks is: What happens to debt after a person dies? It’s important to realize that a person’s debt doesn’t simply vanish
Under the Internal Revenue Code, “qualified sponsorship payments” to non-profits aren’t subject to unrelated business income tax (UBIT). Qualified payments refer to money, property transfers, or the performance of services
Today’s organizations have two broad choices regarding cybersecurity: wait for something bad to happen and react to it, or proactively address the threat. Taking the latter approach is the recommended
If you’ve recently received a settlement or award from a lawsuit, or you’re expecting one, you may be wondering how the IRS views this money. Will you need to pay
Historical financial performance is just one piece of the business valuation puzzle. While it provides a starting point, its relevance depends on whether the business is expected to achieve similar
Even well-run companies experience down years. The federal tax code may allow a bright strategy to lighten the impact. Certain losses, within limits, may be used to reduce taxable income
For many businesses, accounts receivable (AR) are more than just a line item on the balance sheet. This account is a key indicator of potential cash flow, customer relationships, and
Overtime pay has long been a tricky issue for employers. On the one hand, needing employees to put in extra hours may indicate a productive organization providing in-demand products or
Married couples often assume during estate planning that simply naming each other in their wills or designating each other as beneficiaries is sufficient. However, unintended consequences can result if you
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