IRS to Employers: Examine Your ESOPs!

IRS to Employers: Examine Your ESOPs!

The employee stock ownership plan (ESOP) has long shone as a beacon to employers looking to accomplish multiple goals through a benefits arrangement. A properly structured and administered ESOP can boost employee engagement, provide tax benefits and help ownership...
Update on Depreciating Business Assets

Update on Depreciating Business Assets

The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation adjustments. And due to high inflation, the adjustments for 2023 were big. Here are the numbers that small business owners need to...
7 Simple Truths About Payroll for Employers

7 Simple Truths About Payroll for Employers

Employers tend to prioritize things such as maintaining or boosting productivity, accomplishing strategic objectives, and fulfilling their missions. All too often, managing payroll is taken for granted and not given much oversight once the checks start rolling out....
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