A way to “sweeten the pot” and retain executives and managers with “Golden Handcuffs”. A job that is simply too good to leave. Businesses arrange “golden handcuffs” or “golden handshakes” agreements with key managers to reward loyalty and promote retention. A golden handcuffs strategy can make a management position so attractive that it would be [...]

September is National Life Insurance Awareness Month When was the last time you looked at your life insurance coverage? Why not do it now? September is as good a time as any – in fact, this is National Life Insurance Awareness Month. The non-profit Life and Health Insurance Foundation for Education (LIFE) wants to awaken [...]

These lower-cost, easily administered plans may be appealing in a sluggish economy. What do you know about the SIMPLE 401(k)? Most business owners have heard of it, yet don’t know much about this retirement savings vehicle. When times are tight, it might be an excellent choice. Do you have a business with fewer than 100 [...]

During the health care debate this summer one of the topics was how employees of C Corporations could deduct their premiums from FICA employment taxes, but the self-employed were in essence penalized. The recently passed Small Business Jobs and Credit Act extends the favorable tax treatment to sole proprietors and sole owner S Corps by [...]