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Twelve Tax Planning Topics for 2022

Money Talk

The 2021 income tax season will soon be in the history books. With income tax calculations still fresh in our heads, this is a great time to do some tax planning for 2022. Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018.

Taxes 189
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Employee Benefits: A Key Part of Job Compensation

Money Talk

total benefits package) ¨ enhance workers’ financial security and health (e.g., health insurance) ¨ improve employee morale (e.g., Vacation pay is part of a worker’s income and is fully taxable on federal and state income tax returns. Leave may be uniform for all employees (e.g., Like vacation time.

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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

These are some fringe benefits you generally must provide to your employees: Fringe benefits required by law The essential fringe benefits are intended to provide employees with medical care, help them in the event of job loss, and provide them with retirement income to sustain them during retirement.

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The Families First Coronavirus Response Act (FFCRA): What you need to know

Insperity

The Families First Coronavirus Response Act (FFCRA or Act) is part of the federal government’s effort to minimize the economic impact felt by American families dealing with the COVID-19 global pandemic. Together with the Coronavirus Aid, Relief and Economic Security (CARES) Act, also enacted by the U.S.

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Pregnancy disability leave — who and what are covered

Business Management Daily

Her health care provider is monitoring the situation but worries she may Hyperemesis Gravidarum, a condition characterized by severe nausea, weight loss, and dehydration. Is there such a thing as pregnancy disability leave ? Pregnancy disability leave. Taking this earned time off keeps a full paycheck coming in.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Health insurance Health insurance aims to assist employees with the costs of obtaining medical care. This is one of the most critically important benefits to employees, given the generally high costs associated with medical care.

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Employee personnel files — what should and shouldn’t be included

Business Management Daily

Included material spans from initial application through leaving the organization. For instance, employers cannot include medical information in an employee’s general personnel file due to the Americans with Disabilities Act (ADA). Medical leave of absence requests. Family and Medical Leave Act paperwork.