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To the cheers of small business owners, Congress this month created Health Savings Accounts (HSAs), as described on page 1. That adds a new acronym to the already confusing tangle of tax-advantaged health care spending, which includes FSAs, MSAs, HRAs and more.
As the calendar turns to an election year, politics becomes a hot topic. But remember: You can't fire or discipline employees or applicants because of their off-duty political activities and comments.
Do your receipts still display the customer's full credit card number? If so, switch to an updated system or you'll risk violating a new law.
If your company offers a retirement plan, the federal government says you must retain a "fiduciary responsibility" over those employee accounts.