Answered by the HR Experts When you close due to inclement weather, nonexempt employees (those who are entitled to overtime) need to be paid only for actual … [Read more...]
Do we have to pay nonexempt employees when we close due to severe weather?
Self-employed? Don’t overlook valuable tax deductions
If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing … [Read more...]
The “kiddie tax” can apply long after childhood
Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But it also can apply to full-time students … [Read more...]
How to prepare for a difficult termination meeting?
Question: We expect an upcoming termination meeting to be more emotional than usual. How should we prepare? Answered by the HR Experts Termination meetings … [Read more...]
Is that activity just a hobby or a business?
Many people have hobbies - things they enjoy doing in their spare time - and some even make a little extra money from them. However, there’s a difference … [Read more...]
Should you make after-tax, non-Roth 401(k) contributions?
If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, … [Read more...]
What your industry might say about preventing fraud
Research by the Association of Certified Fraud Examiners (ACFE) and others has consistently found that some industries suffer higher fraud losses than others. … [Read more...]
Beware of potential tax issues when selling self-created intangibles
Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS doesn’t treat all intangibles the same way. … [Read more...]
Minnesota bill extends Pass-Through Entity (PTE) tax through the 2027 tax year
Last updated: 5-27-26 The Minnesota Department of Revenue is reviewing the tax bill that was passed by the Minnesota Legislature and recently signed into law … [Read more...]





