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IRS Adjusts HSA Limits for 2022

As it does each year, the IRS has announced changes for health savings accounts, which are associated with high-deductible health plans. The figures for 2022: Self-only: $3,650 (a $50 increase from 2021). Family: $7,300 (a $100 increase from 2021). According to the Society for Human Resource Management, the government bases its decision on the Consumer […]

Reskilling and Upskilling: Employee Retention Tools

The pandemic taught business owners many unexpected things. Chief among them was the ability to adapt and change quickly. Businesses that preferred old-school, in-person commerce before 2020 were forced into a sudden shift during the first lockdown, adopting dozens of types of software for e-commerce and remote productivity practically overnight. And it worked out for […]

Employers Get Tax Breaks for Vaccination Leave

Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations. These credits are available to eligible employers that pay sick and […]