REDW | September 18, 2018
Growing beyond 100 employees is an important landmark in a company’s history. While companies may view crossing this threshold as cause for celebration, the Department of Labor (DOL) may view it as a trigger for increased scrutiny of your employee-benefit plan. Certain employee benefit plans with 100 or more eligible participants may be required to engage an independent auditor (referred to as an Independent Qualified Public Accountant or IQPA) to audit the plan’s financial records.
Going through an audit for the first time can be a daunting task. Read more. Read More
Jennifer Moreno | August 29, 2018
Be on the lookout for a current cyberattack that tries to trick you into giving up your Microsoft Office 365 (O365) username and password.
This attack tries to steal your Microsoft® Office 365® (O365) login credentials so that criminals can access anything you have stored in O365. This could include your email, OneDrive files, and anything you’ve put in the cloud. An attacker sends a fraudulent email that contains links to an authentic-looking (but fake) O365 login page designed to steal your credentials.
Read more to access a training and inforgraphic on how to spot fraudulent emails seeking your O365 credentials. Read More
Christina Roderick | August 20, 2018
On April 30, 2018, the California Supreme Court announced a decision in the case of Dynamex Operations West, Inc. v. Superior Court of Los Angeles, creating a new test that could make it much harder for companies to claim that a worker is an independent contractor and not an employee. As a result, as many as 300,000 California workers could be newly considered employees rather than independent contractors. Read more. Read More
James Ortiz | June 21, 2018
The U.S. Supreme Court today handed down a decision on the highly anticipated South Dakota v. Wayfair case, which challenged South Dakota’s collection of sales tax from out-of-state businesses that do not have physical presence in the state but that sell and deliver into South Dakota tangible personal property, products transferred electronically, or services.
South Dakota passed a law in 2016 that set off a dramatic and market-altering shift in taxation of online sales, one that concluded with today’s Supreme Court’s 5-4 decision... read more. Read More
Alliance Benefit Group Southwest | May 17, 2018
Entrepreneurship is alive and well in America. Nearly 15 million people in the U.S. are self-employed, approximately 10% of the working population according to the Pew Research Center. These entrepreneurs have an additional 29.4 million people working for them and together they account for approximately 44 million jobs, which is 30% of the national workforce.
For many of these self-employed business owners, much, if not all, of their net worth is tied up in their businesses. Adequate cash flow to cover operating expenses and managing through times when business lags or client payments are slow is a key concern, as is putting aside money for reinvestment in the business. Read more. Read More