What are we required to provide for an employee who asks to pump breast milk at work? The federal Fair Labor Standards Act, amended by the Providing Urgent … [Read more...]
Personal Leave of Absence Q&A
April 25, 2025 by Nicholle Peterson
An employee requested an unpaid leave of absence to complete their last semester of college. Do we have to approve it? If we don’t but still want to, what … [Read more...]
Understanding the “step-up in basis” when inheriting assets
April 24, 2025 by Jeff Rislov
If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called the step-up in basis. … [Read more...]
What tax documents can you safely shred? And which ones should you keep?
April 21, 2025 by Carolyn Halverson
Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file cabinets and delete digital folders. But before reaching for the … [Read more...]
Common Overlooked Taxable Events
April 21, 2025 by Mitchell Erickson
Here are seven tax topics that seem innocent but can cause problems if not handled correctly. 1. Gambling winnings. If you receive a tax form at a casino for … [Read more...]
Have You Planned for Your 2025 Retirement Contributions
April 21, 2025 by David Corneil
There is still time to review funding of your retirement accounts in 2025. The higher income phaseouts for eligibility will make many more taxpayers eligible … [Read more...]
Beyond the fraud risk assessment: Managing nuanced threats
April 21, 2025 by Annette Benson
Annual fraud risk assessments can be very effective in finding obvious fraud threats and documenting internal controls that are in place to minimize them. … [Read more...]
Explore SEP and SIMPLE retirement plans for your small business
April 21, 2025 by Jen Burnett
Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and … [Read more...]
Turn a summer job into tax savings: Hire your child and reap the rewards
April 14, 2025 by Carolyn Halverson
With summer fast approaching, you might be considering hiring young people at your small business. If your children are also looking to earn some extra money, … [Read more...]
Mitigate the risks: Tips for dealing with tariff-driven turbulence
April 11, 2025 by Jeff Rislov
President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off guard. … [Read more...]
