Although fulfilling every term of an agreement lies at the heart of a business contract, nonperformance does not always violate a contract. Contract law authorizes small businesses and other parties ...

A flexible spending account plan is a low-cost way for small business owners to help employees save money on health care costs and reduce taxes for both of you. Committing dollars in advance helps ...

As a business owner or HR manager, you will inevitably have to terminate employees. Keeping these considerations in mind can help to protect you and your company in the long run. To avoid legal ...

On Aug. 8, 2020, U.S. President Donald Trump said he intended to "terminate the tax," referring to Social Security and Medicare payroll taxes. It's a step that would — if taken in isolation — remove ...

Wrongful termination happens when an employer fires an employee for an illegal reason. Although most terminated employees probably feel as though they were wrongfully let go, federal and state laws ...

Trump has deferred about $100 billion in payroll tax payments through the end of the year. The payroll tax currently funds 90% of Social Security. Trump told reporters that if he wins re-election he ...

Firing someone is never easy. Even when you know they’ve got to go, there’s always a chance the episode may turn sour. An ideal termination is one in which both parties simply agree things are over ...

Cross-training employees on every job in your organization ensures that you’ll never be held “hostage” to a difficult, if skilled, employee. About two years ago, we worked with an owner who wanted to ...