The main reason for a layoff is almost always financial. Companies may need to reduce costs or streamline operations quickly. To this end, managers often ask whether a job can be outsourced or automated for less money than it costs
In Rev. Proc. 2025-19, released in May 2025, the IRS announced the following changes to HSAs. HSA Inflation Adjusted Items. For calendar year 2026, the annual limitation on deductions for an individual with self-only coverage under a high deductible health
When you buy your PC at a big-box or office supplies store, you generally get one with a single hard disk. In many cases, that’s fine, especially given the huge capacities that are now available. But there are advantages to
You can allow an employee to work two different jobs for your company. However, under the FLSA, you cannot classify an employee as both exempt and nonexempt — it must be one or the other. To know which one to
Have you decided to close your business? It’s time to voluntarily dissolve your business of operation. The process starts with you filing articles of dissolution, and at that point, you will have taken the initial step to legally end the
Let’s say you’re a small business that doesn’t have enough employees to warrant an entire human resources department. At the same time, the idea of manually doing payroll just doesn’t suit you. After all, managing payroll can be quite time-consuming,
Cybersecurity has always ranked high on the list of business priorities, but the current shift to online services and remote work has heightened its importance. Fear of a breach or fraud is rightly top of mind for business leaders, especially
It’s often difficult to police a user’s actions within an Excel spreadsheet unless you’re aware of Data Validation. This feature is tucked away on Excel’s Data menu and allows you to create a variety of input rules. This article will
The endgame is accurate and timely employee paychecks. How do you get there? Have a payroll plan that outlines what the procedures are to get to your goal. The plan should describe how employees document and submit time. Use a
In today’s volatile work environment, many companies are starting to lay off employees, including—or maybe even especially—middle managers, because company leaders mistakenly believe managers are expendable. But if a middle manager’s role has not been reduced to one of simple