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Davidson County - Lower Your Real Property Taxes Deadline September 1, 2010

Flood Loss Victims
Did your home, business buildings or land have major damage from the 2010 floods? If so, then you can ask for a review of your property tax assessment. If the value of your home or business has gone down, you will pay less tax. Davidson County residents can ask for a review by September 1, 2010. read more »

United Way Week at LBMC

Every year, LBMC hosts a United Way week where we pull out all the stops to encourage charitable giving. In addition to distributing Pledge Cards, our in-house committee also organizes some really creative ways to raise funds. read more »

How CFOs Think About Risk Management, or Should

In today’s world, the impact of a poorly executed risk management strategy falls squarely on the shoulders of the CFO. Risk management is more than simply recognizing a potential risk and guarding against it. Indeed, to understand the risk portfolio of a company, one must think of it not only in terms of financial risk, but also operational and reputational risks. Risk is enterprise-wide.

There are three core risks which must be addressed: read more »

If you can't afford to offer employee benefits on your own, why not join forces with a PEO?

In the late 1990s, Seth Miller was looking for a way to provide better benefits at Miller Systems Inc., the small Boston IT consulting company he founded in 1995. "We just couldn't get dental insurance being the size we were," says Miller, 32. "But to compete for the best people, we needed to have big-company benefits." read more »

Creating a "People Strategy" for Your Business

Hiring the right people and managing them well is essential to your business' success. Here are 6 tips for developing an effective HR strategy.

Many entrepreneurs will admit they're great at producing their product or providing a service, but they aren't natural-born managers. There's no shame in that—entrepreneurs are a breed of their own. But without an effective people strategy in place, you run the risk of joining others who had a great idea but—like a bad golf swing—had no follow-through. read more »

FUTA Tax Credit Reductions

The Unemployment Insurance or UI Trust Fund is primarily financed by employer taxes levied on each states taxable wage base. Additionally, employers pay a Federal Unemployment Tax Act (FUTA). The FUTA rate is 6.2% on the first $7,000 of each employee’s annual wages. If the employer’s state program is in compliance with the federal requirements, they receive a tax rate credit of 5.4% which gives us the .8% rate (or a maximum of $56 per worker) that most employers are familiar with. read more »

PEOs Eliminate an Employer's COBRA Administration Nightmare

Federal extension creates an administrative nightmare. Employers must notify laid-off workers or face penalties. read more »

Employee Spotlight – Terri Mangrum

This month we would like to take the opportunity to introduce you to our Flexible Benefits Plan Administrator, Terri Mangrum. Terri has worked with the LBMC family for the past 15 years. She initially began her career with Lattimore, Black, Morgan, and Cain, PC and LBMC Employment Partners Benefits Groups before joining LBMC Employment Partners. Terri provides the administration of medical Flexible Spending Account (FSA) plans, dependent care FSA, health reimbursement accounts, and other qualified flex benefits. read more »

ARRA HITECH Final Ruling Webinar Now Available!

The Final Rule for the ARRA - HITECH EHR Initiative was announced on July 13th. ARE YOU READY?

The Final Ruling webinar is now available: CLICK HERE to view this latest update. read more »

Shop Tax Free in Tennessee August 6-8

August Sales Tax Holiday Provides Big Savings for All Tennesseans read more »