We’re hearing more and more in the news about credit card and information breaches. LBMC Managed Security Services, LLC has a team of Payment Card Information Qualified Security Professionals that can assist your business with risk analysis, security consulting and payment card compliance to avoid instances of breach such as what recently occured at Michaels Stores.
Imagine a legal action against an employer that hinges on the meaning of a single, five-letter word... filed. As in the words "[an employee] has filedany complaint" contained in the 1938 Fair Labor Standards Act (the Act). For that matter, what is the meaning of any in that phrase?
The IRS has announced in new guidance that it is extending and modifying a "pilot program" allowing certain information filers to use truncated versions of taxpayer ID numbers. (IRS Notice 2011-38)
The initial program, which was formulated two years ago, was explained in IRS Notice 2009-93. It is designed to reduce...
New rules issued by the Equal Employment Opportunity Commission (EEOC) will expand the number of employees who can claim protection of the Americans with Disabilities Act (ADA). The new rules, authorized by the ADA Amendments (ADAA) passed by Congress in 2008, are effective May 24.
The IRS has issued some much needed guidance on how the new business depreciation tax breaks work and the options available to taxpayers. (IRS Revenue Procedure 2011-26)
Once your 2010 tax return has been put to bed, you can rest easy until it's time to prepare for filing next year...right? Wrong. Before you turn out the lights, collect all the vital materials from your 2010 return and store...
President Obama has signed a law that repeals two sets of rules that had business owners, company managers and landlords up in arms because of the paperwork nightmare they created. The rules that involved businesses issuing a blizzard of 1099 forms were created by two laws enacted in 2010. Rental property owners had to begin complying with one of the sets...
A popular way for employers to reduce their paperwork
and compliance headaches is to outsource business functions such as bookkeeping and accounting. In fact, 58 percent of American businesses now outsource some of their functions, according to a survey done by the Society of Human Resources Management. Among the reasons: It cuts costs and reduces potential errors,...
Keeping your best employees is not easy in a present job market that is full of increased opportunity and new technologies. As you may have already seen, losing your key players can be very costly to your bottom line. The key to retention, however, is not money. Study after study for decades has verified this repeatedly in many different economy situations. Retaining your best employees requires ongoing...
