Timely points of particular interest
*Tax Judgment--If you prevail in a job discrimination lawsuit, you are generally taxed on the court award. New case: An ex-employee was pushed into a higher tax bracket after being awarded $200,000 in back pay and damages. To offset the increased tax liability, the Third Circuit Court added almost $7,000 in compensation. This effectively covers the income tax due because wages had not been paid over a period of time.
*Office Space--How can you stir up creativity among workers? One idea is to have two employees switch desks for a week. The theory is that a change in scenery may stimulate new ideas and a different "look" at the operation. It is easy to become bogged down in the same routine when you work out of the same office all the time. If this technique is successful, try it on a regular basis.
Facts and Figures
Timely points of particular interest...
Should You Take the SIMPLE Approach?
Meet October 1 deadline for new plans
If you are concerned about the complexities of administering a qualified retirement plan for your small bus...