On September 6, 2024, the IRS announced, in Revenue Procedure 2024-35, that the Affordable Care Act (ACA) affordability threshold will be 9.02%, increased from...
The Federal Reserve will be closed in observance of Thanksgiving Day on November 28th. Check dates on or after the holiday will be...
Question: Our minister would like to increase his housing allowance due to higher expenses than expected. Can our board amend it? Answer: Yes, your...
As explained in a FinCEN release, the bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many companies doing business...
Pay transparency has been getting a lot of attention. Still, many are unclear about what pay transparency actually means, how far it goes...
The Secure 2.0 Act allows for features in employer retirement plans to encourage their use. The changes are designed to encourage employees to...
If an employee is successful at proving constructive discharge, your business may face a five- to six-figure lawsuit. Other than preventing costly litigation,...
Question: Can we cut a performance improvement plan short if the employee's performance has gotten worse? Answer: In general, yes. When an...
A recent business survey revealed even the most honest employees are stealing by taking a few minutes here and there to "ensure" they...
Social Security beneficiaries will see an increase in their monthly checks in 2025—2.5%. This cost-of-living adjustment, or COLA, will produce an estimated average...