The Clock is Ticking!

Set up a New Safe Harbor 401(k) Plan by October 1! Business owners and other Highly Compensated Employees (HCE’s) really benefit from a Safe Harbor 401(k) Plan. They can maximize their deferral contributions to the plan regardless of the level of participation by the Non-HCER

Company Offered Education Programs

Company owners – are you thinking about paying for your employee’s education? There are four different routes you can choose from: Job-Related Education as a Working Condition Fringe Benefit Education Provided Under a Sec. 127 Educational-Assistance Program Qualified Tuiti

Why Should I Start a 401(k) Plan for My Company?

Most people are familiar with the tax advantages to the participant of a 401(k) plan. There are also many benefits to an employer for implementing a 401(k) plan. Many of these are financial. The first, and most obvious benefit to the employer, is the tax advantages which can offset so

Employees VS Independent Contractors

Perhaps you have not thought about the differences between an independent contractor and an employee. Oftentimes, independent contractors and employees work in tandem with each other at the same company, doing alike tasks. The similarities stop there due to the very important legal gu

Tips for Internal Control for Your Business

Does your company apply the right internal controls? Are you separating your controls by authority, custody and record keeping?   Below are four great, simple internal control practices you can use to minimize risk in a cost-effective manner. These practices will establish an env