November 17, 2014
Late fall typically marks the beginning of cold and flu season, which can pose a real threat to businesses. While public health officials continue to push flu shots, the message isn’t inciting many people to act. Add to this those employees who are hesitant to take sick days, meaning they come to work and inadvertently spread germs, and the potential for a cold and flu outbreak heightens.
The impact such behaviors can have on businesses—especially small ones—is nothing to sneeze at. The website HealthyWorkPlaceProject.com, estimates a 25-employee company loses $33,000 every year to lost productivity, sick days, and temporary workers brought in to replace sick employees. So what can you do to keep your employees healthy? Here are five tips to reduce sickness in the workplace:
Of course, it is unlikely that you and your employees will be able to escape illness altogether, so having a solid healthcare benefits plan in place is another smart strategy. If you have any questions about healthcare benefit options, contact our firm for assistance.
During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform certain functions there, you might be able to claim deductions for home office expenses against your business income. There are two methods for claiming this tax break: the actual expenses method and the simplified method.
Blah. It’s February. The depths of winter. Gloomy days relieved only by the darkness of night. A month made for curling up under the blankets and staying in bed. Sound familiar?
A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some stayed the same due to low inflation. And the deduction for business meals has doubled for this year after a new law was enacted at the end of 2020. Here’s a rundown of those that may be important to you and your business.