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On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (CTA). While this pause creates some uncertainty, it’s important to understand the potential next steps and what this means...

The Federal Reserve will be closed in observance of Thanksgiving Day on November 28th.  Check dates on or after the holiday will be affected.  Affected check dates include: Thursday, November 28th Friday, November 29th Monday, December 2nd Tuesday, December 3rd Wednesday, December 4th Please check...

Question:  An employee called out a few days ago by leaving a message with some vague information about being ill and hasn’t followed up since. Can we consider this a voluntary resignation and start the termination process? Answer:  Most likely not. There are many reasons why your...

Workers who are considered employees do not have to pay their own taxes during the year. Instead, employers withhold income tax from their employees’ paychecks and pay it to the IRS on behalf of the employee. Now, if not enough tax is withheld from each employee’s...

Gen Zers, who are also known as zoomers, comprise about 70 million Americans born between the mid-to-late 1990s and early 2010s. As they continue to mature, they will increasingly shape workplace culture and dynamics. Thus, employers must adapt and understand their hopes, fears, values and...

Many businesses, their accountants and advisers have been wondering what's happening with the employee retention credit, a refundable tax credit for businesses and tax-exempt organizations that had employees and were affected by the COVID-19 pandemic. In recent weeks, the IRS has been focusing on weeding...