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What Is an Employer Identification Number (EIN)? The term employer identification number (EIN) refers to a unique identifier that is assigned to a business entity so that it can easily be identified by the Internal Revenue Service (IRS). EINs are […]
June 7, 2022
The implementation of a new global food safety strategy will be a challenge, according to a member of the World Health Organization’s (WHO) Technical Advisory Group on Food Safety. Yongning Wu, from the China National Center for Food Safety Risk […]
June 1, 2022
Without much fanfare, Tennessee has a new employee rights law on the books providing veterans with the guaranteed right to take an unpaid day off from work on Veterans Day—Nov. 11. This new law was passed by the state legislature […]
Business Law & Regulations, Employment & Labor
June 22, 2022
Fit Small BusinessPayroll professionals—be it a specialist or a manager—handle your company’s payroll and ensure your employees are paid correctly and on time. They work closely with your accounting and human resources (HR) teams to ensure tax remittances are correctly processed and […]
Business Law & Regulations, Employment & Labor
June 22, 2022
SHRMOn June 10, Illinois Gov. J. B. Pritzker signed House Bill 5412 and its trailer bill, House Bill 4600, into law. Both bills amend the Illinois Wage Payment and Collection Act (WPCA) to make certain primary contractors liable for any […]
Business Law & Regulations, Finance
June 22, 2022
SHRMIllinois has enacted amendments to the Child Bereavement Leave Act, expanding the law’s scope and renaming it the “Family Bereavement Leave Act” (FBLA). The amendments are effective Jan. 1, 2023, and the two major purposes are to: (1) expand the […]
Tax Code, Regulations and Guidance
June 21, 2022
InvestopediaWho Is a Tax Dependent? A dependent is generally defined as someone you take care of financially or otherwise. For tax purposes, not everyone you take care of qualifies as a dependent. The IRS allows two types of tax dependents: […]
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