Now’s not the time to crack down on employees’ expressions of patriotism. Case in point: The National Council of Compensation Insurance, an insurance rating group, insisted that all employees remove flags from their desks on a national day of remembrance for victims of the Sept. 11 attacks. Why? The organization prohibits flags in the workplace. As news leaked out, NCCI’s management faced widespread criticism and reversed course three days later by apologizing and handing out flags to its 850 employees. The CEO resigned on Oct. 5.
Thousands of employers have been snared in the IRS's all-out initiative to increase employment-tax audits—its first such initiative in 25 years. A main target: the tax treatment and reporting of employee fringe benefits....Click here to find out more.