How to Report Nonemployee Compensation for 2020

How to Report Nonemployee Compensation for 2020

The IRS has released form 1099-NEC (Non-Employee Compensation) for reporting money a business pays to independent contractors. This new form will replace box 7 on the 1099-MISC form. Most businesses will have to file two separate forms, as employers will still need to...
10 Ways to Maximize Remote Work Productivity

10 Ways to Maximize Remote Work Productivity

As a result of the COVID-19 pandemic, the stigma associated with working remotely has disappeared. And, as the pandemic continues, working from home is likely to stick around, which means employees need ways to maximize remote work productivity. If you haven’t...
5 Strategies for Reducing Benefits Costs in 2021

5 Strategies for Reducing Benefits Costs in 2021

Health benefits costs are almost certainly going to rise in 2021. They’ve been trending upward for years — more than 50 percent in the last decade, according to the Kaiser Family Foundation — and the current state of economic uncertainty over COVID-19 won’t slow...
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