Press Releases

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act’s employee retention credit in just 12 days with no contemporary legislative history. The IRS has not and will not issue formal regulatory guidance, leaving some gray areas and...

As a New Jersey business owner that has 25 or more employees and been in business for at least two years, you will soon be required to offer your employees a retirement savings solution or be subject to penalties.  Have you established a plan yet?  If not, PayDay...

IRS announces changes to retirement plans for 2022 Next year taxpayers can put an extra $1,000 into their 401(k) plans. The IRS recently announced that the 2022 contribution limit for 401(k) plans will increase to $20,500. The agency also announced cost‑of‑living...

WASHINGTON — During National Small Business Week, the Internal Revenue Service reminds business owners that it’s critical to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered to...

Nearly 96% of all employers as stated in this PBSA survey acknowledged their organization conducts employment background screening. Which is great! These organizations understand the importance of background screening and the impact they have. But what about...

President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law on March 11, 2021. ARPA provides $1.9 trillion in federal stimulus, which includes, in addition to subsidies for employer-provided benefits plans, a handful of items directly affecting...

How this strain of payroll scam begins. This strain of payroll scam works like this: a scammer impersonates a company employee and sends an email to a payroll or human resources (HR) personnel using a false email address that resembles the format of the organization....