Business Insights, Research & Perspectives

A new, very short California law enacted in August is grabbing much attention.  This new law imposes a dual notice obligation upon employers sponsoring spending account plans, such as a medical flexible spending account plan, a dependent care assistance plan, or an adoption assistance plan, that cover California residents.

For some time now, the Department of Labor has been looking at ways to streamline employee benefit communications.  By way of proposed rules issued earlier this month, the agency is proposing a new safe harbor for electronic distribution of certain retirement and pension plan communications.

Phil Noftsinger, Executive Vice President, CBIZ Employee Benefits, discusses small business hiring trends for October 2019 in the CBIZ Small Business Employment Index.

Much as cybercrime exploded worldwide to staggering impact, workplace violence in the form of active shooter incidents has now emerged as a threat that cannot be ignored or minimized. Although it’s a difficult subject, it is important for businesses to consider active shooter/workplace violence insurance to cover gaps and grey areas that exist in standard coverage insurance.

For financial services companies and their customers, the conflict between state and federal marijuana laws has presented a number of challenges. Although cannabis is legal in many states, banks are frequently regulated at the federal level. As a result, lenders of all sizes have distanced themselves from taking in “cannabis-tainted” deposits or making loans to the industry because of potential federal penalties.

Diversity in the financial institution boardroom and in the C -suite is so important. Increasingly, the issue has been getting the attention it deserves from regulators, from stakeholders, and from financial institutions themselves. Identifying and bringing in that optimal mix of different backgrounds, gender, opinions, and experiences can be easier said than done.

Now that the states have the ability to tax out-of-state vendors, they are onto their next quest to capture more sales tax revenue from online sales by shifting the burden of sales tax collection and remittance from sellers to marketplace facilitators.

Hopes for a year-end tax extenders package appear to be dwindling on Capitol Hill.

The frequency of cyberattacks and information security incidents in today’s market makes information technology controls vital.

Mark Waxman, CBIZ's Chief Marketing Officer, highlights this year's Food Drive initiative.