Editor’s note: The American Rescue Plan Act, signed into law on March 11, 2021, contained two updates to the Shuttered Venue Operator Grants program. It infuses the program with an…
Archives for January 2021
Cash Balance Plans: The Retirement Strategy That Can Drive Big Tax Savings for Small Business Owners
Pensions, IRAs and 401(k)s are familiar concepts to business owners, yet there is another, lesser-known retirement savings strategy that can result in significant tax savings for certain small business owners….
How the Coronavirus Response and Relief Supplemental Appropriations Act Affects Payroll and Leave
Editor’s note: For a comprehensive guide to all four pandemic relief acts, download the COVID-19 Relief Summary for Employers, which tracks the evolution of certain provisions and introduces new benefits. For…
Financial Institution Update: Recent Regulatory Focus Areas for Bank Secrecy Act Compliance
While the exact requirements for financial institutions have not changed, Bank Secrecy Act Anti-Money Laundering (BSA/AML) compliance is once again in the spotlight. Intended to improve transparency in the exam…