Explore CBIZ’s latest insights on the critical issues that help advance accounting, tax, insurance, HR and much more at your organization. Search for exactly what you need to succeed below.
December 9, 2019
Year-End Tax Planning Strategies for Your Business
There’s still to make some strategic tax moves for your business that could help you save on 2019 taxes. Here are some of top ideas to consider, including strategies for recovering the cost of business property, dispositions of business property, and tax attributes and corporate tax considerations.
5 Common Internal Control Gaps and How to Address Them
Examining these five common internal control gaps can indicate whether your organization’s control environment needs a refresh.
December 6, 2019
Best of Cyber Month 2019
Threats to information security remain top of mind for many organizations today. At industry risk management conferences this fall, we asked attendees about their greatest area of risk and more than 72% of respondents said the same thing: Data and cybersecurity.
December 5, 2019
By Philip Noftsinger
CBIZ Small Business Employment Index (SBEI) Shows November Hiring Increase Leading into Holiday Season
Phil Noftsinger, Executive Vice President, CBIZ Inc., discusses small business hiring trends for November 2019 in the CBIZ Small Business Employment Index.
December 4, 2019
By Karen McLeese
Paid Sick Leave Updates in San Antonio and Duluth
Practically on the eve of its effective date, the San Antonio paid sick and safe leave ordinance has been stayed by court order. And, the City of Duluth released final rules and updated FAQs to assist employers with their compliance of the law, which takes effect January 1, 2020.
Nevada’s “Leave for Any Purpose” Law Clarified
The Nevada Labor Commissioner issued an advisory opinion together with FAQs to clarify certain aspects of the state’s recently enacted “leave for any purpose” law, which takes effect January 1, 2020. Of particular note, this guidance addresses how to determine employer size and the requirement to include information about the leave benefit in the employer’s workplace policies.
HHS Increases Penalties for Compliance Failures
Employee benefit plans are subject to oversight by several government regulatory agencies including HHS, DOL and IRS. These agencies may adjust certain monetary civil penalties for compliance failures. To this end, HHS recently made adjustments in civil penalties for violations of the HIPAA privacy, security and breach rules, the failure to provide the SBC to plan participants, as well as violations relating to the Medicare secondary payor rules.
Informational Form 5500 Issued for 2019 Plan Reporting
The governing agencies released advanced informational versions of the 2019 Form 5500 series. Plan administrators of both welfare benefit and pension plans subject to ERISA, with certain exceptions, are required to file a Form 5500 return/report with the DOL on an annual basis.
2020 Medicare Premiums and Deductibles
The 2020 premiums and deductibles for the Medicare Part A and Part B programs have been released by the Centers for Medicare & Medicaid Services.
2020 Pension and Retirement Plan Limits
The 2020 cost of living adjustments applicable to defined benefit and defined contribution plans have been released by the IRS. Notably, the majority of all limits have increased from last year.