by Stapley Accounting | Apr 19, 2023 | Employer
Employers that offer a 401(k) plan should generally encourage participants to invest as much as they can and not touch the money until retirement. However, there may be instances when employees feel they need to access their plan funds before reaching retirement age.... by Stapley Accounting | Apr 5, 2023 | Employer
Consider the following scenario: To streamline administration of continuing health care coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), an employer decides to neither send bills for COBRA premiums nor provide reminders when premium payments... by Stapley Accounting | Mar 29, 2023 | Employer
With business travel ramping back up again, employers might start fielding questions from staff about the tax treatment of travel-related fringe benefits. For example, when your employees fly on business, some may earn frequent flyer miles. Should your organization... by Stapley Accounting | Mar 22, 2023 | Employer
The U.S. Department of Labor (DOL) recently announced the 2023 annual adjustments to civil monetary penalties for a wide range of benefits-related violations. Legislation enacted in 2015 requires annual adjustments to certain penalty amounts by January 15 of each... by Stapley Accounting | Mar 1, 2023 | Employer
The current job market is great — for applicants. The federal jobs report released in early February revealed that the U.S. economy added a whopping 517,000 jobs in January, bringing the unemployment rate down to a historic low of 3.4%. Employers, on the other hand,... by Stapley Accounting | Feb 22, 2023 | Employer
For wage reporting purposes, employers periodically need to verify the identities of their employees. To do so, someone in your organization must lay hands and eyes on a worker’s Social Security card, right? Not necessarily. In the Fall 2022 SSA/IRS Reporter, a...
