Insights: Human Resources
Claiming the Employee Retention Tax Credit
The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021. Here’s a rundown of the rules. Background Back in March of 2020, Congress originally enacted the Employee Retention Tax Credit in the CARES Act to encourage employers…
Read MoreLook at your employee handbook with fresh eyes
For businesses, so much has changed over the past year or so. The COVID-19 pandemic hit suddenly and companies were forced to react quickly — sending many employees home to work remotely and making myriad other tweaks and revisions to their processes. Understandably, you may not have fully documented all the changes you’ve made. But…
Read MoreHelp ensure the IRS doesn’t reclassify independent contractors as employees
Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be a costly error. It can be complex to determine whether a worker is an independent contractor or an…
Read MoreHR News You Can Use
On March 11, 2021, President Biden signed into law The American Rescue Plan Act (ARPA). This legislation includes several notable items for employers, including an extension of tax credits for voluntary COVID related sick leave and emergency family leave as well as premium assistance for COBRA coverage. Extension of Families First Coronavirus Response Act (FFCRA)…
Read More- « Previous
- 1
- 2
- 3
- 4
SUBSCRIBE TO OUR NEWSLETTER
Receive timely news and updates from our newsletter.