Form 5500: New Questions and Small Business Concerns

Form 5500: New Questions and Small Business Concerns

IRS Form 5500, which reports on employee benefit plans, is undergoing some revisions in coming years. These include some new compliance and oversight questions that definitely do take effect for the 2016 plan year. While many of the larger changes won’t take effect...
Wage and Wage Assignment: Businesses Beware

Wage and Wage Assignment: Businesses Beware

In consultation on terminations, I am regularly faced with the question, “How much do I need to give this guy?” or worse yet, “When I take away the money for the phone she broke, equipment she lost and the dent she put in the van, she’ll owe us money.” Of course, my...
Is An Employee Wellness Program Right for Your Business?

Is An Employee Wellness Program Right for Your Business?

These days, it seems like employee wellness plans are all the rage. And it’s for good reason: Wellness programs can make your employees healthier, more productive, and they can drastically reduce overall healthcare costs for your business. But while the positive...
Affordable Care Act Update: Reporting Requirements

Affordable Care Act Update: Reporting Requirements

For the past four years, we’ve been spending a significant amount of time staying informed about the mandates that go along with the Affordable Care Act (ACA). This time has included some very dry reading, time in seminars, time in webinars, speaking engagements...