New COLAs For You! In October, the IRS released the 2023 cost-of-living adjustments (COLAs) for a wide variety of tax-related limits applicable to many popular fringe benefits. Shall we pop open a few? Here are some highlights: Health Flexible Spending Accounts (FSAs)...
When employers address cybersecurity, they often focus on financial data and intellectual property. But there’s another area that’s just as important and typically much more vulnerable: HR information. Many organizations have a huge amount of data about both current...
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...
Stapley Accounting, LLC wants you to know that when one business is sold to another, the buyer often asks for a determination letter to help assure that the seller’s 401(k) plan is qualified. The seller then requests such a letter from the IRS, but availability is...
Handle Problematic Employees With Care When your organization hires someone, it’s important to ensure that the individual is both qualified for the position and a good fit for your mission and culture. But no matter how hard you try, you could still end up with...
Early Career Hiring Is Important For Managing Your Workforce Stapley Accounting Services, LLC recognizes employers in Cache Valley have encountered significant challenges in managing their workforces over the last few years. The onset of the pandemic saw many...
