Bonnie Buol Ruszczyk

Keep Calm but Know the Options About 401(k) Contributions

The impacts of the COVID-10 pandemic will be felt for years. Employers and employees are both looking for ways to deal with and reposed to the financial stress caused by the cononavirus-induced economic slowdown and market volatility.  If your company’s revenue has plummeted, you have to make some difficult financial decisions, including the possibility of eliminating

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Viewing Current Market Trends through a Historical Lens

We’d all be pulling our hair out if we looked at the status of our investment every day. One day we are up; the next we are down. As employers, you should steer clear of offering investment advice to your employees, but you can steer them toward helpful guidance from authoritative sources. One of the

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The Federal Reserve Will Inject $2.3 Trillion into the U.S. Economy

It looks like more money, up to $2.3 trillion, will be available in the form of loans to help households, employers and state and local governments during the coronavirus pandemic. “Our country’s highest priority must be to address this public health crisis, providing care for the ill and limiting the further spread of the virus,”

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Business Loan Application Released by Department of Treasury

Yesterday, we posted details on the relief available to businesses impacted by COVID-19 and how to know if you are qualified to apply for it. Today, we have new information and links to sample applications that we can share as well.  Starting April 3, small businesses and sole proprietorships can apply for and receive Paycheck Protection Program

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Family and Medical Leave Act Credit an Option For Your Business?

When the Tax Cuts and Jobs Act passed, it created a new tax credit for certain employers that provide paid family and medical leave that was originally only available for the 2018 and 2019 tax years. However, in December, it was extended through 2020 for eligible employers with a written policy providing at least two

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