MBA News

If an employee lodges what you consider an unwarranted complaint about a supervisor at your company — possibly about you yourself — it’s natural to feel some resentment. But matters can quickly go from bad to worse if, after filing the grievance, that employee believes he... Continue Reading

Recently, the IRS released the 2016 annually adjusted amount for the unified gift and estate tax exemption and the generation-skipping transfer (GST) tax exemption: $5.45 million (up from $5.43 million in 2015). But even with the rising exemptions, annual exclusion gifts offer a... Continue Reading

For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. But how accurate is the amount reported on the balance sheet? To best answer that question, a physical count of raw materials, work-in-progress and finished... Continue Reading

From the Thanksgiving kick-off of the holiday season through December 31, many businesses find themselves short-staffed as employees take time off to spend with family and friends. But if you limit how many vacation days employees can roll over to the new year, you might find... Continue Reading

Health care plans that weren’t in place before March 23, 2010 don’t have grandfathered status under the Affordable Care Act. Consequently, these newer plans must meet the provisions under the law including: Unisex premiums (Gender-defined premiums are prohibited under... Continue Reading

The Equal Employment Opportunity Commission (EEOC) recently proposed some plan changes that could have significant value. Those changes would allow voluntary employer workplace wellness programs to mine health-related information, as well as some genetic data, from the spouses of... Continue Reading

Many businesses are uncertain how to account for costs to acquire, produce or improve property, plant and equipment. So, in 2013 the IRS issued regulations on capitalizing versus deducting the costs of tangible personal property. In 2014, the IRS added rules covering dispositions... Continue Reading

Another tax year is drawing to a close. But there’s still time for individual taxpayers to trim their tax liabilities for 2015 and beyond, before the New Year begins. Here are 10 eleventh-hour tax savings moves that you can still make before the clock strikes midnight on... Continue Reading

Heartfelt Wishes of Joy and Happiness on this Thanksgiving Day!   Continue Reading