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The new federal tax law signed last December included a big surprise for nonprofits and churches related to employee benefits. Simple benefits that many organizations offer, are now subject to being taxed as if they are not related to income. Benefits such as: parking reimbursement, gym benefit, or a monthly amount for commuting. Each one […] continue reading this post

Nonprofits are threatened by risks that their workers, volunteers, and organization face on a day to day basis. Nonprofit risk management is a crucial topic that seems to be overlooked by most organizations. These risks include employer liability, liability for special events, cyberattacks. 1. Employers Liability Accidents occur daily, and one simple fall can be […] continue reading this post

image Americans struggling with opioid addiction miss 50% more work than their peers. Opiate drug use among a company‚Äôs employees can be an expensive problem for business owners, creating issues that can result in loss of income, low employee morale, legal trouble, and loss of employees. According to the National Council on Alcoholism and Drug Abuse, […] continue reading this post

infographic There are limits to how much employers and employees can contribute to a retirement plan, IRA, or flexible spending account each year, and the limits differ widely, depending on the type of plan. After three years at a standstill, the Treasury Department recently raised the limits for contributions to pensions and other retirement plans such […] continue reading this post