by Stapley Accounting | May 31, 2023 | Employer
Your employees may be worried. A January 2023 report by Greenwald Research found that 70% of participants in employer-sponsored retirement plans are concerned about running out of money in their golden years. In today’s competitive hiring and employee-retention... by Stapley Accounting | May 30, 2023 | Business
Recently, the IRS announced 2024 indexing adjustments to the applicable dollar amount used to calculate employer shared responsibility penalties under the Affordable Care Act (ACA). Although next year might seem a long way off, it’s best to get an early start on... by Stapley Accounting | May 25, 2023 | Uncategorized
If you’re a cryptocurrency investor or user, you may have noticed something new on your tax return this year. And you may soon notice a new form reporting requirements for digital assets. Check the Box Beginning with tax year 2022, taxpayers must check a box on their... by Stapley Accounting | May 24, 2023 | Employer
It’s fairly safe to say that most employers are well aware of their obligation to pay certain employees overtime under specified circumstances. What may be less clear is which bonuses and other incentives must be included in the calculation. Recently, the Wage and... by Stapley Accounting | May 23, 2023 | Business
Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on their merry ways. These enterprises face many other challenges, of... by Stapley Accounting | May 18, 2023 | Taxes
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2022 gift tax return. And in some cases, even if it’s not required to file one, you may want to do so anyway. Gift... by Stapley Accounting | May 17, 2023 | Employer
The term “quiet quitting” has been trending mightily over the past year or so. This is essentially when employees show up for work, do just enough to keep their jobs, but don’t do much else. Of course, many other workers have actually quit — particularly since the... by Stapley Accounting | May 16, 2023 | Business
Many business owners spend most of their time developing strategic plans, overseeing day-to-day operations and, of course, putting out fires. Yet an underlying source of both opportunity and trouble can be human resources (HR). FAQ: What Is a Human Resources SWOT... by Stapley Accounting | May 11, 2023 | Uncategorized
A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that he or she inherits from another? This is an important area and is too often overlooked when families... by Stapley Accounting | May 10, 2023 | Employer
Qualified educational assistance programs, sometimes referred to as “tuition reimbursement programs,” are a relatively popular employee benefit. Employers can use one to provide up to $5,250 per employee per year as a tax-free fringe benefit for undergraduate,...