Top HR Challenges in 2022
The pandemic and many other changes in today’s world have have created the following top HR challenges employers face in 2022. The workplace has been changing faster than anyone could have predicted. While the COVID-19...
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Form 5500 Deadline Aug. 1, 2022 for Calendar Year Plans
Form 5500 deadline coming up! Employers with employee benefit plans that operate on a calendar year basis must file their annual reports (Form 5500) for 2021 with the Department of Labor (DOL) by Aug. 1,...
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Inflation Reaches Highest Increase in 40 Years
The Bureau of Labor Statistics (BLS) announced that the U.S. consumer price index (CPI) rose 8.6% year over year in May 2022. This is the highest level since December 1981, pressuring employers to raise wages...
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IRS Raises Mileage Rates for Second Half of 2022
For the first time since 2011, the IRS has made a midyear adjustment to the optional mileage rate used to calculate the deductible costs of operating an automobile for business and other specific purposes. The...
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