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The IRS defines sick pay as an amount paid under a plan to an employee who is unable to work because of sickness or injury. Sick pay may be paid by an employer or a third party, such as an insurance company, and includes both short- and long-term disability benefits.
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As the weather takes on a wintry feel here in Minnesota, we’re forced to accept what we’ve been denying for weeks: the end of the year is near. For employers, this means it’s time to think about several tax-related to-dos, including W-2s.
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In this first article in our Change Management Series, we’re highlighting ways to prepare your team for change. Here are 10 best practices to follow.
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The tax advisors at Abdo understand the importance of seeing the big picture when it comes to your tax planning. Whether you’re filing your 1040 individual return, a business return, or navigating through payroll taxes and employer regulations, we’re here to make sure you don’t miss any important 2022 tax deadlines.
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As we near the end of 2021, we are continuing to see a flurry of vaccine mandates, and it seems just as many litigation challenges to them. Our team has assembled a quick reminder of the current status of the recent legislations related to vaccines as we head into the new year.
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For many employers and employees, there are very strong feelings, both positive and negative, about what the ETS means for themselves personally, their communities and nation. Despite all of this, covered employers should inform themselves of the details of the Emergency Temporary Standards, start planning and take action now to be ready for the upcoming implementation deadlines.
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A recent survey found that 52% of U.S. workers are considering a job change this year. Offering a comprehensive benefits package can often be the key to recruiting and retaining top talent. Megan Schwanz walks you through what to consider when it comes to offering employee benefits
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Fresh IRS guidance is available for employers claiming the Employee Retention Credit in the third and fourth quarters of 2021. Our team is closely monitoring the situation as guidance continues to be released regarding ERC updates and their implications. Read more to find out how this update could impact your organization.
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Many business and non-profit employers are finally feeling like they’re beginning to round the corner of the COVID-19 crisis and are now fully focused on successful recovery.
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