The costs of benefits you give to employees—such as gifts and health plans—are deductible as expenses on your business tax return. That sounds easy, but it's not because there are many details involved in taking these deductions. Here’s what you need to know about deducting employee benef...
Unfortunately, this is one of the most common complaints of benefits leaders — that employees don’t know what they have. Establishing and maintaining a dialogue with employees (and covered dependents) is important to increase awareness. Clear, accessible communication is a key element of a ...
The service is affordable, and it provides a clear return on investment, not just in terms of employee satisfaction, but also in lowering rates of absenteeism and improving overall company culture. Much of the support can be done virtually, helping employees remain present and productive at work,...
Disability benefits are available for service-related asbestos diseases. Get answers for common questions related to VA claims & filing for benefits.
The birth of a child is not just a blessed event; it's the beginning of a whole new set of tax breaks for your family. Learn how the newest addition to your family can help trim your tax bill, and how to save for your child's future in the most tax-effic
Claimants will also need toapply or reapply for UI benefitswhen they reach the end of theirbenefit year, which begins on the Sunday of the week in which you applied for benefits and remains in effect for 52 weeks. Claiming Retroactive Back Payments ...
You will be able to claimretroactive paymentsfor missed payment weeks during eligible periods of coverage. This was also the case for (now expired) pandemic benefits under thePUA,PEUC,$300 FPUCand$100 MEUCprograms. Each state has different processes for claiming retroactive benefits and you will...
On Thursday, the Tax Court upheld Regs. Sec. 1.152(a)(1), which requires that children be U.S. citizens at some time during the calendar year for which the children are claimed as dependents, as a valid interpretation of Sec. 152(b)(3)(A) (Carlebach, 139 T.C. No. 1 (2012))....
It can be helpful having a tax preparer advise you on claiming this deduction on your taxes.7 What Else to Know Contribution limits vary by plan type, and the IRS adjusts the maximums annually. Of course, you can’t contribute more than you earn, and this benefit will only help you ...
For example, if you’remarried and filing jointlyand your combined income ranges from $32,000 to $44,000, then you may have to pay tax on up to 50% of your Social Security benefits. If your combined income is greater than $44,000, then up to 85% of your benefits may be taxable. ...