Comfortable Office Spaces Generate Higher Profits
Corporate firms invest a lot of money on employee comforts; sometimes as much as they do in their client services. Higher productivity can be extracted from employees by providing comfortable and pleasant working environments and a relaxing office space. But it is not easy to set up the office space as per employees’ satisfaction level, especially in a company with thousands of employees. read more »
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Healthy Employees Are Happy Employees
It’s a new year, and many people are hustling to shed some of that winter weight. Unfortunately, many of us do not have the luxury of having state of the art equipment, personal trainers, or costly gym memberships. However, there may still be a way to look fabulous in that new bathing suit.
Many companies are beginning to implement corporate wellness programs to encourage employees to maintain good health. As an employer you may be asking, “How does that benefit me”? Read on and you may be in for a bit of a surprise: read more »
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TN Business Tax Changes & VDA Deadline
This year marks a change in the administration of the Business License Tax in Tennessee. Starting with the 2010 license year, the State Department of Revenue will begin collecting the Business License Tax on behalf of local jurisdictions. With this change comes a new process as well as new level of scrutiny of who is or is not filing tax returns. read more »
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Happy Holidays 2009
Best Holiday Wishes from LBMC
As we enter this busy season of parties, family gatherings, and shopping, we want to wish each of you a very happy holiday season. Enjoy the time that you have with family and friends and be sure to take time to relax and appreciate the spirit of the season. read more » Read More
Holiday Time Off Guidelines
It's the time of year again when offices will be closed for holidays and employees will be requesting time off.
Here are some important guidelines to remember: read more »
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AVOIDING THE PITFALLS OF THE FEDERAL WAGE AND HOURS LAWS
The number of lawsuits involving violations of overtime laws has risen sharply in recent years with the predominance of cases being decided in favor of underpaid and “misclassified” employees. In fact, between 1998 and 2000, Fair Labor Standards Act (FLSA) suits increased by almost 25% (38 MAY Trial 80, 2002).
The Federal Wage and Hour division of the U.S Department of Labor (DOL) and private plaintiffs remain aggressive in pursuing enforcement of the FLSA. This is a vital aspect of employment law where employers must be diligent in their compliance efforts. read more » Read More
RISKY BUSINESS
Knowing Employment Law is Vital to Business Success
In all the excitement of running a business and seeing big ideas become a reality, it’s easy for a business owner to lose sight of things that are crucial to keeping the business running, including keeping up to date on employment laws. Exciting? Probably not to the average business owner, but necessary, nonetheless. After all, the best defense is a good offense. read more » Read More
Request 2009 Year-End Tax Planning Guide
To request a PRINTED copy of the LBMC 2009 Year-End Tax Planning Guide, please complete the below form in its entirety.
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Payment Card Industry (PCI) Data Security Standard (DSS) Common Questions
What is the Payment Card Industry (PCI) Data Security Standard (DSS)?
The PCI Data Security Standard represents a common set of industry tools and
measurements to help ensure the safe handling of sensitive information.
Initially created by aligning Visa's Account Information Security (AIS)/Cardholder
Information Security (CISP) programs with MasterCard's Site Data Protection (SDP)
program, the standard provides an actionable framework for developing a robust
account data security process ‐ including preventing, detecting and reacting to
security incidents. read more » Read More
Heading to Private-Equity Funding Poses Challenges for CFOs
Even in the best of times companies owned by private equity firms are a world unto themselves. The current economic climate has made top financial jobs in private-equity portfolio companies even more challenging.
If you're considering a move to a firm owned by a private equity sponsor--or the chief executive office in a family business that has been bought out--the landscape looks drastically different now in three ways:
- Relationship with the sponsors;
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