Finance and Accounting won’t have to make any adjustments to the amount they can reimburse employees tax-free for their commuting expenses. IRS announced in Revenue Procedure 2020-45 that it’ll hold both 2021 transportation fringe benefit limits steady. So for tax year 2021, the monthly limitations remain the same as in 2020, which are: $270 for […]
Can’t lavish employees with big raises or bonuses? Don’t take that as an excuse for unmotivated staffers. It’s not about the money.
Fact: Benefits are surpassing salaries as the most important perk to employees. But did these companies step out of line to enforce their benefits policies?
Given the lean staffing trend of the last few years, it’s no surprise Finance pros are turning to benefits administration systems to ease day-to-day workloads. But with new software vendors popping up every day, how can you find the right system?
Remember when the toughest part about having a 401(k) plan was getting employees to enroll?
Hard to believe it’s that time of year again. Before you get completely consumed by year-end tasks, check out these best practices from your peers.
Due to rapidly rising costs, benefits brokers are more important than ever. So how can CFOs be sure they have the right broker for their unique needs?
Good news, particularly for Payroll: Your company may have just been handed an extra year before it has to report employees’ health insurance costs on their W-2s. Does your company qualify?
It may feel like there’s little to be grateful for at the office these days. But a little thanks can go a long way. Here are seven ways to start.
It’s considered one of the most important skills a good leader can have: the ability to delegate responsibilities. Still, many managers are hesitant to give up control of almost anything.
The IRS isn’t putting its ACA audit push on hold just because President-elect Trump promised to “repeal and replace” the controversial law. That means Finance can’t afford to back off its compliance efforts.
Most finance chiefs aren’t crazy about paying for the services of a benefits specialist when there’s an entire department in-house to handle that area of company operations. But in today’s regulatory environment, it may very well be the safest option.
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