What You Need To Know About Filing IRS Form 5500
Tax forms can be intimidating. We have compiled some of the most frequently asked questions about IRS Form 5500 to help you understand what is required and how to make sure you remain in compliance.
Tax forms can be intimidating. We have compiled some of the most frequently asked questions about IRS Form 5500 to help you understand what is required and how to make sure you remain in compliance.
Modern cars and trucks work in concert with telematics for safer driving, increased fuel economy and fewer delays. But connected vehicles are also bringing cybersecurity and cyber liability coverage into focus.
. Fully insured and self-insured plans can both offer your employees complete medical coverage. However, the funding mechanisms of the two vary greatly.
Although a legal malpractice lawsuit is hard to win, clients will not hesitate to sue if they feel your service wasn’t up to par. Things like missing filing deadlines, skipping court dates, or making an agreement without client approval can set you up for a professional liability claim.
The mental health of employees consistently ranks as the biggest challenge facing businesses today. According to a report from the Office of the U.S. Surgeon General: 76% of employees report at least one mental health condition. 84% say their work environment contributes to mental health challenges.
Employment lawsuits have jumped 400% in the past 20 years. In fact, companies with as few as 100 employees can expect to receive an employment practices claim once every three years. Defense costs can top out at $300,000 per case, and a resolution may take 18 to 24 months.
Flexible spending accounts (FSAs), health reimbursement arrangements (HRAs) and health savings accounts (HSAs) can help lessen the financial burden of employees’ medical costs. All three allow employees to set aside pretax dollars so they (and their family members or dependents) can pay for qualified medical expenses (QMEs).
All California employers must provide workers’ compensation benefits to employees injured on the job. An injury can occur via a single event or through repeated tasks, such as an injury that occurs from doing the same motion over and over. Workers’ compensation also covers some psychological injuries.
Voluntary benefits round out a company’s employee benefit offerings, raising them from a plan that just checks the box to a comprehensive plan employees can personalize.
Because of the highly perishable nature of flowers and plants, insurance plays an important role in the success of a greenhouse/florist business.