Tag: economy of scale
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IRS Launches A 90-Day Pilot Program To Correct Retirement Plan Errors
The Internal Revenue Service (IRS) has recently announced a 90-day pre-audit window to correct retirement plan errors. The program will allow for plan sponsors to be notified that the IRS has selected them for an upcoming examination and to allow them to correct errors they may have made.
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Illinois Family Bereavement Law Expansion
Illinois Governor JB Pritzker signed the Family Bereavement Leave Act (FBLA) into law, amending the Illinois Child Bereavement Leave Act of 2016 (CBLA). Established in 2016, the Child Bereavement Leave Act was adopted giving employees 10 workdays of unpaid leave to grieve the loss of a child.
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Understanding OSHA’s Hearing Conservation Program
The Occupational Safety and Health Administration (OSHA) requires employers to implement a hearing conversation program when noise exposure is at or above 85 decibels averaged over eight working hours, or an eight-hour time-weighted average (TWA).
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IRS Issues Revised Form 941 to 941-X
The IRS Form 941, also known as Employer’s Quarterly Federal Tax Return, was scheduled to change in June 2022. Previously, Form 941 was only updated in March for the first quarter reports. Now, the IRS has extended it to the second, third, and fourth quarters.
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Employers Step In As Roe V. Wade Gets Overturned
The U.S. Supreme Court’s decision to overturn Roe v. Wade has prompted many employers to revisit their employee benefits and policies. Learn more today.
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How Payroll Processing Will Impact Your Business
Technology is constantly changing in today’s workplace environment. New technology innovation impacts how employees communicate, collaborate, and work more efficiently. Technology is associated with every aspect of your business, from recruiting and hiring to payroll.