MBA News

When you retire, you may consider moving to another state — say, for the weather or to be closer to loved ones. State taxes also may factor into the equation. Here’s what you need to know about establishing residency for state tax purposes — and why the process may be more... Continue Reading

Winter weather, a lack of sunshine and even the holiday season can lead to clinical depression that can cause workplace productivity to dip. To help employers understand this topic, the Equal Employment Opportunity Commission (EEOC) has provided guidelines, titled,... Continue Reading

The IRS, taxpayers and tax preparers share a common enemy: identity thieves. We all have a part to play in the fight against tax-related identity theft. Your role starts by learning the mechanics and warning signs. From there, taxpayers can take proactive steps to protect their... Continue Reading

If you’re like many Americans, you might not start thinking about filing your tax return until close to this year’s April 18 deadline. You might even want to file for an extension so you don’t have to send your return to the IRS until October 16. But there’s another date you... Continue Reading

The IRS recently issued cost-of-living adjustments (or “COLA”) for 2017. If, like most people, you’re funding a retirement plan, it’s a good idea to take a look at what’s changed and what hasn’t. Elective deferrals to 401(k), 403(b), 457(b)(2) and 457(c)(1) plans will remain the... Continue Reading

Robust cash flow is a must for virtually every kind of business. Yet an improperly or inadequately managed inventory system can drag down your revenues. It’s a good idea to regularly review your approach to inventory accounting. Reconsider your approach Generally, there are two... Continue Reading

The following table provides some important federal tax information for 2017, as compared with 2016. Many of the dollar amounts are unchanged or have changed only slightly due to low inflation. Other amounts are changing due to legislation.   Social Security/ Medicare 2017... Continue Reading

The Department of Labor (DOL) has been promoting the use of apprenticeships for over 75 years. According to the most recent DOL data, about half a million workers are participating in apprenticeship programs in more than 1,000 different occupations. On average, between 1,500 and... Continue Reading

A company has agreed to pay 15,909 employees nationwide a total of $976,765 ($488,229 in back wages and an equal amount in liquidated damages) after an investigation by the U.S. Department of Labor’s (DOL) Wage and Hour Division found that the employer violated federal... Continue Reading