Posts by growthzone

IRS Regulations Expand Requirement to File Electronically Final regulations issued by the Internal Revenue Service (“IRS”) expand the requirement to electronically file certain returns and other documents with the IRS. This new requirement will impact employers who file Forms 1094-C, 1095-C, 1094-B and 1095-B. It will take effect for returns due to be filed on…

You’re Ready to Sell – Is Your Business? Source: David Blain, CPA, CVA, McKonly & Asbury You have been thinking about your retirement plan for years. Your business has provided you with a good living, and now it is the time to take the next step of looking to offload your business and ride into…

Business Mergers Could Get a Lot Harder Source:  US Chamber of Commerce The Federal Trade Commission and the Justice Department released updated merger guidelines on Wednesday. While these guidelines aren’t law, they have shaped how the courts interpret and weigh in on antitrust cases. • More importantly, they demonstrate the antitrust agencies’ views regarding mergers…

UPS Strike Averted UPS and the International Brotherhood of Teamsters have reached a tentative agreement that averts a strike and prevents service disruptions to consumers and businesses. A major work stoppage would have wreaked havoc on the economy. Why it matters: A strike by UPS workers could have been the costliest in at least a…

Last Week in the Legislature July 25, 2023 Source: PA Chamber of Business & Industry State budget negotiations remained stalled in Harrisburg last week as the House and Senate stand in recess and are not scheduled to reconvene until September. On the other hand, Senate President Pro Tempore Kim Ward (R-Westmoreland) offered a glimmer of…

Why Your Best Employees Leave SUMMARY Employee dissatisfaction at work is often rooted in feeling overlooked, a lack of purpose, and limited creative freedom. Recognizing employees’ daily efforts, understanding their ‘love languages,’ and fostering a sense of belonging can combat feelings of undervaluation. Making sure work feels meaningful and impactful for employees is critical, which…

Key Insights into the UPS and Teamsters Labor Negotiations Source: John Drake, US Chamber of Commerce The United Parcel Service (UPS) and the International Brotherhood of Teamsters (Teamsters) are in the final stages of negotiating a new, long-term collective bargaining agreement for approximately 340,000 UPS employees. These negotiations will establish compensation, benefits, work hours and…

A spoonful of sugar By Chris Berleth and Taryn Crayton You know the story well. Following a debacle with the latest of several nannies, a desperate father named George put an ad in a London newspaper for a replacement. With a little magic, the help of the East Wind upon which she flies, a hysterical uncle…