The Hawaii Tax & Charities Division is a state agency responsible for overseeing tax compliance and charitable organizations within the state of Hawaii. They work to ensure that individuals and organizations are meeting their tax obligations and operating within the guidelines set forth for charitable entities.
In 2022, New York reported a gross state product of over two trillion dollars, the third highest number of any state in the US. That’s a lot of business activity—and it represents a large number of employers subject to New York’s workers’ compensation policies.
New York imposes strict workers’ compensation requirements and steep penalties for violations. If you employ workers in New York, you’ll need to comply with the state’s workers’ compensation laws to avoid fines or actions against your business.
Layoffs can be an unfortunate part of business. When employment ends, a severance agreement can offer a smooth transition for the company and its departing employees.
A severance agreement is a legal contract signed by the employer and employee when employment ends. It outlines the terms of the separation, including severance pay, benefits continuation, like COBRA for health insurance, and any other agreed-upon terms.
Why are severance agreements so important?
The business world moves fast, and Ohio isn’t standing still. If you’re running a business in the Buckeye State or have employees there, you’ve probably heard about the Ohio Commercial Activity Tax (CAT).
It’s not exactly new, but the rules of the game are about to change significantly. Starting January 1, 2024, Ohio rolled out major revisions to the CAT, and if you’re not paying attention, you could miss out on some serious savings or even get caught off guard by unexpected tax bills.
Gabrielle Sinacola |Aug 7, 2024
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