What may trigger an IRS audit?

The dreaded Internal Revenue Service audit is one of the universal concerns for companies everywhere. While there is no guaranteed method to avoid an audit, a variety of situations may increase the chance for examination. IRS officials are naturally reluctant to share...

How to right size your organization

Many companies faced layoffs during the past year as the economic downturn continued. If your company was one of those, you may soon find yourself facing the other issue of deciding who or how many people to bring back. The question “What is the right size for my...

Pregnant employee? What laws apply

When an employee tells you she is pregnant, it is important for you to know what you must do, and what you must not do or say. Following are highlights of the federal laws. Also be sure to check your state laws because some states mandate more generous considerations...

Manage processes for maximum profit

What is the most valuable process in your business? Is it acquiring hard-to-find parts, adding value by packaging related items or modifying a product to make it unique? Or are you simply capitalizing on volume? Whenever you or your employees touch inventory, there...