by DunlapSLK | Feb 29, 2024 | Resources For Employers
The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards Act (FLSA) has been revised several times over the past decade. Now, the DOL...
by DunlapSLK | Feb 29, 2024 | Resources For Individual Taxpayers
With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t tax deductible, but they grow tax deferred. Earnings used to pay qualified education expenses can be withdrawn tax-free....
by DunlapSLK | Feb 5, 2024 | Resources For Individual Taxpayers
Although traditional IRAs and Roth IRAs have been around for decades, the rules involved have changed many times. The Secure 2.0 law, which was enacted at the end of 2022, brought even more changes that made IRAs more advantageous for many taxpayers. What hasn’t...
by DunlapSLK | Feb 3, 2024 | Resources For Employers
The Employee Retention Credit (ERC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped enable struggling businesses to retain employees. Even though the ERC expired for most employers at the end of the third...