Human Resources Tag

As it does each year, the IRS has announced changes for health savings accounts (HSAs), which are associated with high-deductible health plans. HSAs Explained   As explained by the IRS, “A Health Savings Account (HSA) is a tax-exempt trust or custodial account you set up with a qualified HSA trustee...

24 May, 2021

The Small Business Administration, in conjunction with the National Restaurant Association are promoting new funding for the restaurant/bar sector. The Restaurant Revitalization Fund is a program that targets relief to restaurants and bars adversely impacted by Covid-19. To qualify, a place of business has to be...

11 May, 2021

The U.S. Department of Labor announced the withdrawal – effective May 6 – of the “Independent Contractor Rule,” to protect workers’ rights to the minimum wage and overtime compensation protections of the Fair Labor Standards Act (FLSA). The Department is withdrawing the rule for several reasons,...

10 May, 2021

In an ideal world, communication would be easy. We’d immediately know exactly what to say or write. Emails, Slack messages, and reply threads would practically write themselves. And there’d be no confusion about what anyone meant, ever. Of course, communication never works that way. We stare...

06 May, 2021

When employees quit or miss work for some reason, when layoffs become necessary, or even when it's just a matter of busy season, cross-trained employees can step in to minimize disruption. Simply put, cross-training is about showing employees how to do each other's jobs. Cross-Training Has...

03 May, 2021

In 1970, when Richard Nixon signed the Occupational Safety and Health Act into law, an estimated 14,000 workers were killed on the job every year. Fifty years later, that number is down to 5,333, but safety in the workplace remains a paramount concern, and not...

29 April, 2021

You may have overpaid an employee because someone entered the wrong information into the system. Or maybe the employee or his or her supervisor submitted inaccurate data. Either way, this type of error is usually easily fixable. You do have to follow certain procedures, however. Reclaiming...

26 April, 2021

Legislation signed in March allows taxpayers who earned less than $150,000 in modified adjusted gross income to exclude unemployment compensation up to $20,400 if married filing jointly and $10,200 for all other eligible taxpayers. The legislation excludes only 2020 unemployment benefits from taxes. Because the change...

19 April, 2021