Family & Medical Leave Credit for Employers

Buried in the deep dark depths of the tax law passed in December 2017 was a great little benefit for those employers that are offering paid family or medical leave to workers annually. To be eligible, you must meet these requirements: You (the employer) must have a written policy that requires at least 50% pay… Read More

Section 529 College Savings Plans – Are they worth the hassle?

529 plans became popular years and years ago. For many parents (and grandparents/others too!), they’re a great way to save back some tuition money for kids, in preparation for that ever increasing college cost. 529 plans grow tax free, and when the money is taken out of the account for higher education purposes, it is… Read More

Health Reimbursement Accounts for Small Employers

Health Reimbursement Accounts (HRA’s) are back after the signing of the 21st Century Cure Act, effective January 1, 2017. There are new rules (of course!) that come right along with them for 2017 (as well as some transitional relief for the remainder of 2016). Just a bit of background: health reimbursement accounts can be setup… Read More

Tis the Season of Cheer….and Scammers!

This week is National Tax Security Awareness Week. It’s a good time to refresh your security awareness. Many people spend time on their computers buying gifts, gathering year end tax information, and making other financial transactions. We wanted to remind you of a few tips to keep your information safe! Always be sure to use… Read More