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President Obama signed legislation in April repealing the expanded 1099 reporting requirements in the health care reform law and Small Business Jobs Act.
Congress successfully voted to roll back the 1099 requirements earlier this month after numerous votes on competing versions of the legislation. The widely unpopular rules would have required businesses to report any purchases of goods or services of more than $600 a year from another vendor to the IRS on a Form 1099-MISC.
Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for … Read full bio
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The CRO of retirement plan provider Human Interest explains how employers can simplify retirement plans and boost participation.
As benefit decisions get finalized, childcare offerings may be more within reach than companies think.
Warmer months can exacerbate common symptoms and sap productivity. Simple workplace adjustments can go a long way in making women more comfortable.
At face-value, HSAs are for short-term medical expenses, but advisors suggest paying out of pocket to maximize HSA funds for investing and tax-free growth.
Leaders should evaluate where AI truly needed, prioritize employee input and continuously measure results.
