If you have a foreign bank account that has not been reported to the IRS, then you could be facing serious civil penalties and even criminal penalties. These penalties fall under the Foreign Bank Account Report, (FBAR) violations. First, it is important to determine if you are required to report your foreign bank account. It […]
Archives for January 2016
Workman’s Comp Coverage – What it Means for Your Business
While rules and regulations for workman’s comp insurance change from state-to-state, there some general guidelines you need to know and follow no matter where your business might be located. First, as an employer, you are required to protect employees that are killed on the job, are injured, or become ill. Most employers obtain either state […]