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Contributing to your employer’s 401(k) plan: How it works
If you’re fortunate to have an employer that offers a 401(k) plan, and you don’t contribute to it, you may wonder if you should participate.…
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New per diem business travel rates kicked in on October 1
Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business…
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What businesses can expect from a DOL benefits plan audit
All but the smallest businesses today are generally expected to offer employees “big picture” benefits such as health insurance and a retirement plan. Among the…
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Facing a future emergency? Two new tax provisions may soon provide relief
Perhaps you’ve been in this situation before You have a financial emergency and need to get your hands on some cash. You consider taking money…
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The Social Security wage base for employees and self-employed people is increasing in 2024
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for 2024 (up from $160,200 for…
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Valuations can help business owners plan for the future
If someone were to suggest that you should have your business appraised, you might wonder whether the person was subtly suggesting that you retire and…
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