Non-Profit Organizations and the Intermediate Sanctions Rule

BE AWARE OF REASONABLENESS OF COMPENSATION RULES The Internal Revenue Service has specific rules for compliance under the Intermediate Sanctions ruling (IRC Section 4958) regarding reasonableness of compensation. These rules apply to nonprofits that take donations in all sectors of the economy. These organizations should periodically review the compensation levels for their most senior [...]

Increases In Healthcare Costs Outpace Wages And Inflation

We continue to see healthcare costs rise at an incredible pace, placing an additional burden on employees. As an employer, it is important to understand this trend and how it affects your workforce and to look for ways to balance costs to remain competitive. A few of the facts: Aon’s 2019 Global Medical Trend [...]

By |2019-10-03T09:50:38-07:00March 7th, 2019|Compensation Works, Financial, International, Taxes|0 Comments

Gridlocked: 2019 Salary Budget Increase Projections

Our economic growth is flourishing! The United States’ unemployment rate is as low as 3.9 percent, as reported by the United States Bureau of Labor Statistics (BLS) and our real gross domestic product (GDP) increased at a rate of 4.2 percent in the second quarter of 2018, according to a “second estimate” by the [...]

By |2019-10-07T05:44:32-07:00September 11th, 2018|Financial, Phillip Blount & Associates|0 Comments