Aug 8, 2019 | Industry News, Regulatory Updates
On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020.  Here’s a breakdown of these increases. Annual Contribution Limits for 2020 For...
Jul 2, 2019 | Holiday Notices
Plan Ahead for Independence Day Bank Holiday Payroll Banks will be closed on Thursday, July 4, 2019, in observance of Independence Day. If you are a direct deposit customer or CPS Checks customer, please submit payroll at least one business day early to ensure...
Jun 28, 2019 | Industry News
Women in the tech world frequently struggle with gender perceptions and discrimination. While many women want to start their own businesses to escape the traditional workplace and enjoy greater autonomy, many others are seeking to move up the ladder in their...
Jun 26, 2019 | Human Resources
The most important thing to remember about non-discretionary bonuses is that when issued to a non-exempt employee, they must be included in the employee’s regular rate of pay when calculating overtime. A discretionary bonus, as its name implies, is a bonus in...
Jun 6, 2019 | Industry News
Small business owners may qualify for a home office deduction that will help them save money on their taxes, and benefit their bottom line. Taxpayers can take this deduction if they use a portion of their home exclusively, and on a regular basis, for any of the...
