IRS Provides Guidance on ARPA Changes to Pensions
In Notice 2021-48, the IRS recently provided guidance on changes made under the American Rescue Plan Act (ARPA) to the funding rules for single-employer defined benefit pension plans. The guidance
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Work With Your Payroll Provider to Pay Deferred Taxes
Many of the relief measures passed by the federal government in the beginning of the COVID-19 pandemic are still relevant to employers. For example, under the Coronavirus, Aid, Relief, &
DEI Programs Are Good For Business
Many businesses are spending more time and resources on supporting the well-being of their employees. This includes recognizing and addressing issues related to diversity, equity, and inclusion (DEI). A thoughtfully
Can Employers Use Health Records to Verify COVID-19 Vaccinations?
Many employers have asked employees to submit proof of a COVID-19 vaccination before returning to work in an office or other facility. According to the U.S. Equal Employment Opportunity Commission
Think Outside the Box with Job Interview Questions
In many industries, the job interview process has become a game of sorts. Books and websites are filled with tips for applicants on how to best answer common questions. Type
Employers Should Use the SSA Business Services Online Portal To Fix SSN Errors
In a recent press release, the Social Security Administration (SSA) advised employers to use its Business Services Online (BSO) Portal to correct employee name and Social Security number (SSN) errors.
Be Prepared for 401(k) Casualty Loss Hardship Distribution Requests
As weather-related events continue to occur with great frequency and severity across the country, it is possible that one of your 401(k) participants might request a hardship distribution to pay
IRS Continues To Address COVID-Related Leave
The American Rescue Plan Act (ARPA), signed into law earlier this year, amended and extended the tax credits available to eligible employers that provide paid sick and family leave. This
Using An HRA as An Investment & Savings Vehicle
Many employers have established Health Reimbursement Arrangements (HRAs) as a tax-advantaged way to allow employees to receive reimbursements for out-of-pocket medical expenses. What is often overlooked is that, under certain
Are Your Company’s Job Descriptions Pulling Their Weight?
At many businesses, job descriptions have it easy. They were ‘hired’ (that is, written) many years ago. They have not had to change or do anything, really, besides get copied