Economic incentive programs involve a tradeoff between public benefits and lost tax revenue, and NSI helps clients understand this tradeoff by creating “but for” memos and creating the information required by government Tax IncentivesGovernment officials often try to attract…
Financial Benefits For Mental and Physical Wellness
Employees value both financial benefits, like pay raises and bonus opportunities, as well as savings tools like matching 401(k), health savings accounts (HSA) accounts and employee Life InsuranceLife insurance can provide your loved ones with protection against the financial…
Payroll Tax Relief During the COVID-19 Pandemic
Employers can benefit from this deferral to defer their share of Social Security payroll taxes for amounts paid or incurred during a quarter, such as wages and compensation related to COVID-19 closure Employee Retention CreditSince the start of the…
Government Incentives
Research into the effectiveness of incentive programs often relies on flawed assumptions or This article investigates several critical considerations when evaluating such EconomicIncentives are tools used to encourage or deter certain actions and achieve various economic Incentives…
Employee Benefits – Foundation For Financial Benefits
Financial security involves spending less than you earn, having emergency savings available and no excessive debt obligations – as well as feeling secure about your future Employees appreciate benefits that help them save money and organize their finances better,…
Payroll Tax Relief For Businesses
Due to this challenge, Congress established several payroll tax relief programs as part of the Families First Coronavirus Response Act and CARES Act passed in spring These programs offer assistance through deferral or credit against employer payroll Employee…
Government Incentives For Business
Baker Tilly’s economic development team provides guidance throughout the entire process of applying for business incentive programs, from creating economic impact analyses and meeting with government officials to helping with negotiations and providing expert assistance during Government SubsidiesGovernment subsidies…
Financial Wellness Benefits for Your Employees
Good money management allows individuals to embrace new experiences and reach major milestones while mitigating risk and improving quality of Sales commissionAn effective sales commission structure motivates salespeople to perform at their best, leading to higher revenues for your…
Payroll Tax Relief For the COVID-19 Pandemic
These credits are initially applied against an employer’s Social Security taxes due for wages paid during a quarter, with any excess being refundable to Employee Retention CreditEmployers that employ employees with health care costs associated with COVID-19 outbreak can…
Government Incentives
Government incentives help overcome any impediments to commercial viability, such as environmental contamination requiring remediation, labor market mismatches that require training or other forms of support, or restrictions to capital Many of these incentives offer favorable accounting SubsidiesTax…