"Just in case" insurance that protects your employees and your business

Required by law in most states (New York included), workers' compensation protects you and your employees from the expenses that may arise due to on-the-job injuries. Workers' compensation protects you from potential lawsuits and provides your employee with medical and wage replacement benefits.

Calculating workers' compensation, adjusting payments and plans to suit your needs and cash flow, and ensuring that your business and your team is protected are all part of the payroll services GR Reid offers.

News

Tuesday, February 19, 2019

2 major tax law changes for individuals in 2019

While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019. Here’s a closer look.

Economic damages: Recovering what was lost

A business can suffer economic damages arising from a variety of illegal conduct. Common examples include breach of contract, patent infringement and commercial negligence. If your company finds itself headed to court looking to recover lost profits, diminished business value or both, it’s important to know how the damages might be determined.

Family businesses need succession plans, too

Those who run family-owned businesses often underestimate the need for a succession plan. After all, they say, we’re a family business — there will always be a family member here to keep the company going and no one will stand in the way.

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