At FocusPay Solutions, we are committed to providing quality service and practical solutions that simplify your process, allowing you to focus on running your business.
Here, you will find useful tips and insights to help make your workplace more productive and efficient. We look forward to supporting your success.
Table of Content
- Options for Forfeited Employee FSA Balances
- Staying Power: Employee Retention Through Stay Interviews
- IRS Issues New Employee Retention Credit (ERC) Guidance
Options for Forfeited Employee FSA Balances
Many businesses offer health care and dependent care flexible spending accounts (FSAs) as part of their employee benefits package. These plans provide valuable tax savings to employees and payroll tax savings to employers. Continue reading.
Staying Power: Employee Retention Through Stay Interviews
High-performing workplaces such as Google, IBM, Nissan, and Starbucks are among a growing list of organizations that have benefited from having their employees participate in stay interviews. Traditionally, most companies conduct only two interviews: the hiring interview and the exit interview. By the time a company is ready to complete an exit interview, it's too late to address any of the employees' concerns that might have prevented them from looking outside the firm for a job. Continue reading.
IRS Issues New Employee Retention Credit (ERC) Guidance
The Internal Revenue Service has announced a new, streamlined way for taxpayers to extend the period of time for the IRS and the IRS Independent Office of Appeals to review a taxpayer’s response to a disallowance of an Employee Retention Credit (ERC) claim to avoid refund litigation. Continue reading.
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