Intern Experience
With our hands-on internships, you will work alongside our seasoned professionals in a supportive, growth-focused environment to build real-world skills in tax planning, financial reporting, and payroll.
IRS Adjusts HSA Amounts
In Rev. Proc. 2024-25, the IRS made changes for health savings accounts for 2025. The maximum annual HSA contribution is: $4,300 for an eligible individual with self-only coverage. $8,550 for family coverage. HSAs are used in conjunction with a High Deductible Health Plan. The 2025 maximum annual out-of-pocket amount for HDHP self-only coverage is $8,300. […]
Payroll Errors and Challenges
Before establishing an official payroll process for your company, it’s important to think about how you want payroll to work. As you ponder your options and think about the way you want to run payroll, make sure you prioritize the following details. Otherwise, you might find yourself face-to-face with payroll-related errors and unnecessary challenges. The […]
Your Responsibilities Under the ADA
The Americans with Disabilities Act is a federal law that prohibits discrimination against people with disabilities in public spaces. It also ensures that people with disabilities have equal access to employment and consumer opportunities. Most people know that the ADA applies to physical spaces, but not everyone knows that business websites should also be accessible. […]
How Does Payroll Work for On-Call Employees?
On-call employees are required by their employers to be available for work even during the employees’ time off. Whether you must provide on-call pay for these employees depends on a few factors. But if you’re not paying for these hours, you may be violating the Fair Labor Standards Act rules for hours worked and overtime. […]
Creating Good Vacation Policies
Start with the idea that 30 days of leave are the bare minimum for staff. These days of leave include vacation days, sick days, holidays and other personal days. Typically, U.S. employers grant 10 days of paid vacation time — two full weeks — per year to each full-time employee. Holidays, roughly 10 per year, […]
Effective Employee Performance Reviews
Performance reviews often feel like a one-way, top-down process in which you, the boss, are judge and jury. But if reviews are instead a two-way street, employees feel significantly less defensive. How do you create this two-way process? Let’s look at some ideas. First, you might ask the employee to write a self-evaluation prior to the review. […]
When an Employee Leaves
There are many reasons why employees quit: They feel their salary is too low. They don’t see a clear career track or professional development opportunities. They want more flexibility at work and in their personal lives. They don’t feel valued or appreciated for their efforts and skills. How you respond when someone quits makes a […]
Major Overtime Change Will Deeply Affect Employers
According to a Department of Labor release, a newly issued rule increases the salary threshold required to exempt a salaried bona fide executive, administrative or professional employee from federal overtime pay requirements. The release states, “Effective July 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to […]
Noncompete Agreements To Be Outlawed — Maybe
On April 23, 2024, the Federal Trade Commission issued a final rule banning virtually all noncompete agreements. It takes effect 120 days after publication in the Federal Register, which probably means an effective date sometime around the end of August. The rule prohibits employers from enforcing noncompetes with workers other than senior executives as of […]