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Avoid your own personal ‘Nannygate’ scandal

Q: We have a lady come into our home twice a month to help clean. She has now asked us for a Form W-2 saying she needs it to fill out her tax return. Is this something we really need ...

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Health care spending increases slowing

It is one of the most confusing topics to talk about in business: Controlling the rising cost of health care. Ordinarily in business, the objective is to stop cost increases altogether. But that hasn’t been the case when it comes ...

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Forever is a bit long to keep some tax documents

Q: I have boxes of old tax returns and receipts cluttering up my closet. I think I have my federal and Idaho tax returns since the early ’70s. How long do I really need to keep this stuff? Can I ...

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Show employees what their total rewards entail

A number of human resources executives are struggling to make their pay-for-performance systems relevant to employees – especially when budgets for merit pay are still struggling to be fully funded. In lieu of meaningful performance pay, organizations are seeking new ...

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Which is better: bonus or dividend?

Q: I own a small corporation, and despite our slow economy we had a good year. I have rewarded my employees for their hard work with a year-end bonus and also paid some of the profits to myself. I know ...

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Warnings can precede workplace violence

The tragic school shooting in Connecticut has left all of us shocked. Many, like my 11-year-old, are experiencing feelings of insecurity. Over breakfast the other morning he asked, “Is it just me, or are there more of these shootings than ...

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LLCs provide personal asset protection

Q: I own a number of single-family residences that I rent out to earn a bit of extra money. I own the houses myself and have a concern that I might be exposing my own home and other assets to ...

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Gear up for New Year’s resolutions

Now that your Thanksgiving turkey is digested, it’s a good time for employers to consider how they can motivate employees to begin thinking about New Year’s Resolutions with an emphasis on wellness. The start of a new year is the ...

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Buy-sell agreement issues to consider

Business owners who have other partners, members or shareholders need to consider what will happen to their ownership interest in the event of retirement, death, divorce or permanent disability. The same is true for co-owners of major investment assets, such ...

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