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Save on taxes: Bonus depreciation for business vehicle purchase

WEX Inc.

Tax deductions if you have a fleet of commercial vehicles Are you a small or large business owner with commercial vehicles, or a fleet manager? Rather than taking the traditional vehicle depreciation over time, business owners and fleet managers can now take immediate deductions during tax season.

Bonuses 98
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Two Neighboring States Recently Joined a Growing Movement to Provide Paid Family Leave

McNees

Maryland and Delaware recently joined the growing list of states that have enacted legislation requiring employers to offer paid family and medical leave. Maryland’s new law will cover all employers with at least one employee in the state. Employers with 10 to 24 employees only need to offer parental leave.

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LSAs: A Creative Way to Close Employee Skills Gaps

TalentCulture - Employee Benefits

Employers everywhere are struggling to retain and upskill existing employees, while simultaneously striving to hire skilled people who are prepared to meet future needs. As a result, 60% of individuals will require training before 2027 to continue performing well in the rapidly changing world of work. That’s what organizations need.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. Tax Credit.