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Ensuring payroll compliance in 2024: What’s new?

Business Management Daily

encourages employers to provide retirement plans by offering tax incentives and credits. For example, under the original SECURE Act, businesses with fewer than 100 employees could receive a tax credit for up to 50% of their administrative costs if they offered retirement plans to their staff. The first case, Moore vs. U.S.,

Payroll 52
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SCANNING THE EXTERNAL ENVIRONMENT

HR Management Activities

Elimination or expansion of tax benefits for job-training expenses might alter some job-training activities associated with workforce expansions. Employee benefits may be affected significantly by tax law changes. Decisions on wages, overtime, and hiring or laying off workers all hinge on economic conditions.