When businesses consider life insurance for key employees, they are managing risk in the face of unforeseen changes.
Employers can begin taking advantage of refundable tax credits to reimburse them for the costs of providing leave taken by employees to receive or recover from COVID-19 vaccinations.
Employers may be thinking about rewarding hard-working employees with a gift. The tax law permits this but, as with many things, it sets some parameters.
To say this past year has been challenging is definitely an understatement. Employers may be thinking about rewarding hard-working employees with a gift.
The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their qualifying employees paid family and medical leave.