Is Your Company Prepared for a DOL Investigation?

The last thing any human resource professional wants to receive is an envelope alerting them to a Department of Labor (DOL) ERISA Investigation. Unfortunately, today’s HR professionals have reason to be concerned as 75 percent of DOL investigations are closed with correction. Corrections can range from changes to administrative processes, fines, penalties and, in rare View Article →

Floods, Cyber-Attacks, Chemical Spills and Fires: Five Ways New Jersey Business Owners Can Survive Unthinkable Catastrophes

  Up to 40% of small businesses never re-open after a disaster    Is your business prepared for a flood, cyber-attack, chemical spill, fire – or even a long-term power outage?  No one wants to consider these misfortunes happening to their business, but with advance planning, businesses will be in a much better position to View Article →

Proposed Regulations Seek to Settle Section 199 Deduction Controversy in Contract Manufacturing Arrangements

Section 199 of the Internal Revenue Code, referred to as the Domestic Production Activities Deduction (DPAD), offers valuable tax savings to taxpayers, specifically to manufacturers. Section 199 allows a deduction equal to 9% of qualified income.  Qualified income is income earned from manufacturing and production activities, if the manufacturing and production activities primarily occur within View Article →

Are you going in tomorrow to do what you did yesterday?

Let’s say you run a small, non-retail business in a legacy industry (one that hasn’t changed too much in the last 25, or more years). Revenue is several million dollars and things have been flat or modestly up and/or down the last few years. You’ve seen weaker companies fall by the wayside, a couple grow View Article →

More NJ small businesses self-funding insurance plans

A growing number of small businesses in New Jersey are finding a new way to save money on their health care costs by switching to self-funded health care plans over traditional health care plans. Under a traditional plan, employers pay a premium each month and the health insurer pays all of the employee claims and View Article →