Reason 1: Income Tax Deduction Contributions to your 403(b) account are tax deductible for federal income and social security taxes. Putting money into the 403(b) reduces your taxable income for that year. For example, if you put $5,000 into your 403(b) account...
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Why is a Formal Onboarding Process Important?
Does your company use a structured onboarding protocol? If you don't, you're not alone. Like most business owners, you have a lot of things on your plate. Onboarding may not seem like a priority. In many businesses, it consists of a short orientation meeting followed...
From the HR Support Center: What Federal Laws Will Apply to Us When We Reach 15 Employees?
We are about to hire our 15th employee. I heard that some federal regulations go into effect then. What do I need to know about these? Once you have 15 employees, the federal laws below would apply to you. Here is a brief summary of what you need to know about...