Employers: In 2023, the Social Security Wage Base Is Going Up

Employers: In 2023, the Social Security Wage Base Is Going Up

The Social Security Administration announced an increase in the Social Security wage base. It will increase to $160,200 in 2023 (up from $147,000 for 2022).
Stay on the Lookout for Presenteeism and Learn How to Avoid It

Stay on the Lookout for Presenteeism and Learn How to Avoid It

Employers should beware of presenteeism. Someone who repeatedly shows up unwell will accomplish less, produce substandard work, and cause other problems.
IRS News Regarding Employer Reversion and Spinoff/Termination

IRS News Regarding Employer Reversion and Spinoff/Termination

What happens when a qualified retirement plan terminates with surplus funds? Employer reversion. And the IRS has specific rules governing this process.
Calling All Employers: A Quick Refresher on Employment Taxes

Calling All Employers: A Quick Refresher on Employment Taxes

What are the requirements for employers regarding federal employment taxes? It’s not a bad idea to occasionally review the basics of employment taxes.
Assessing the ERISA Impact on a Telehealth Benefit

Assessing the ERISA Impact on a Telehealth Benefit

Many employers formally offer telehealth as an employee benefit. Is such a benefit subject to the Employee Retirement Income Security Act (ERISA)?
Should There Be New Tax Rules for Telecommuters?

Should There Be New Tax Rules for Telecommuters?

Employers and employees enjoy being telecommuters - even post-pandemic. Should the IRS update the tax rules re: the deductibility of travel expenses?
Don't Ignore Household Employee Payroll Tax Rules

Don't Ignore Household Employee Payroll Tax Rules

Have you hired a domestic worker in or around your home? If the worker is your household employee, you have tax obligations to filfill (and W-2s to issue!).
Reel in Job Candidates with a Relocation Package

Reel in Job Candidates with a Relocation Package

Competition among employers for many types of employees remains fierce. You may have to offer a financial incentive like a relocation package.