401(k) Student Loan Benefit Program Aids Employees with Student Loan Debt
Employees with Student loan debt are provided a new boon through a 401(k) Student loan benefit program with new private letter ruling under certain circumstances. The IRS made public PLR 201833012, released on August 17, 2018, which clarifies circumstances for a 401(k) plan to offer a student loan benefit program.
Wayfair Latest: South Dakota Hopes for October 1st Implementation, Gives Go-Ahead to Special Session
In an effort to fast-track implementing their economic nexus rules, South Dakota’s governor, Dennis Daugaard, has approved a special legislative session. This is set to take place on September 12th. After the monumental decision in the Wayfair Supreme Court case, South Dakota is still prevented from enforcing their
What Do the Steel and Aluminum Tariffs Mean to Manufacturing?
Production and jobs are on the line after the tariffs on steel and aluminum were announced by President Trump earlier this year. In the short term, the American Steel and Aluminum manufacturers are benefiting as the price for steel has rose upwards of 60%, but ultimately the increased demand has
Michigan Provides Guidance on Wayfair: Immediate Action May be Required
Remote Sellers Required to Remit Sales Tax After September 30, 2018 Michigan has changed its sales tax rules for businesses that sell their products and services into Michigan remotely. Businesses that are without a physical presence in Michigan, but meet certain activity thresholds (described below), may be required to begin
How to Cope With the New Meals and Entertainment Rules
There have been new tax rules put into place by Public Law 115-97, which is known as the Tax Cuts and Jobs Act (“TCJA”). These new tax laws have created a need for businesses to quickly address how they will need to account for their meals and entertainment expenses as
Participate Today – Wholesale Distribution Compensation, Benefits and Benchmarking Study
Participation for the 2018 Wholesale / Distribution Compensation, Benefits and Benchmarking Study is now open for all companies in the wholesale and/ or distribution industries. This comprehensive study is conducted every other year and provides invaluable benchmarking metrics to regional companies that operate in the industry, including: How your company’s