HR White Papers
White Papers from leading HR experts provide great insight and research on timely relevant HR topics.
The IRS and Offshore Tax Evasion - U.S. Foreign Grantor Trusts: Penalty Regime for Foreign Bank Account Filing, Tax Practitioners and Professional Responsibility
“If a U.S. person willfully violates the reporting requirement, such person may be subject to a fine of not more than $250,000, or imprisoned for not more than 5 years, or both (31 U.S.C. § 5322(a)); and if a U.S. person willfully violates the reporting requirement while violating another law of the United States, or as part of a pattern of any illegal activity involving more than $100,000 in a 12-month period, such U.S. person may be subject to a monetary fine of not more than $500,000, or imprisoned for not more than 10 years, or both (31 U.S.C. § 5322(b)). If a U.S. person, with respect to Form TD F 90.22-1, (1) falsifies, conceals, or covers up by any trick, scheme, or device a material fact, (2) makes any materially false, fictitious, or fraudulent statement or representation, or (3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry, such person may be fined, or imprisoned for not more than 5 years, or both (18 U.S.C. § 1001).” Download this white paper to continue reading … Our author, Gary S. Wolfe, has more than 34 years of experience, specializing in IRS Tax Audits and International Tax Planning/Tax Compliance, and International Asset Protection.
The IRS-Panama Papers - Money Laundering and Tax Evasion: IRS Offshore Tax Evasion: Criminal Matters, Offshore Tax Evasion: IRS Tax Audit, IRS Civil Tax Audits/Statute of Limitations
“The IRS often requests a statute extension if the statute will soon expire. If the statute is not extended the IRS will assess tax which can be a bad result (i.e. the tax is due) but have a good benefit (i.e. the audit is then terminated with no further tax disallowance issues to be raised by the auditor) with the taxpayer entitled to file a Notice of Protest and seek an IRS administrative appeal (to a separate division of the IRS/Appeals) without paying tax and no IRS tax lien filed or IRS collection instituted on the assessed tax (i.e. no IRS levy). The only exception would be a jeopardy assessment if the IRS considers tax collection to be "at risk" (i.e. the Taxpayer hides assets, flees the US et al.) the IRS may seize the Taxpayer assets under a levy, "freezing these assets" pending resolution of the audit assessment. Taxpayers who elect to file amended tax returns face the following statute of limitations issues: 1. The amended tax return/claim for refund must filed within 3 years of the filing of the original tax returns” Download this white paper to continue reading … Our author, Gary S. Wolfe, has more than 34 years of experience, specializing in IRS Tax Audits and International Tax Planning/Tax Compliance, and International Asset Protection.
“Innovation is the lifeblood to any organization’s continued success. It helps overcome the many challenges we face. Here’s why: Organizations face challenges EVERYWHERE, from global competition to rapid changes in technology, changing demographics, an aging population, etc. Too big to fail is no longer a realistic survival reality. Huge organizations are becoming extinct at a faster rate of attrition than ever before. Here’s the proof. In 1958, the average life span of an S&P 500 company was 58 years. Today it’s less than 18 years. We need to infuse our organizations with a creative spirit to achieve innovation. So…What is “Creativity” anyway? Why bother pursuing it for your organization? Creativity means looking at the same information as everyone else, and seeing something different. Okay, but what is ‘Innovation’ and why is THAT a mission-critical imperative for your future success? Innovation entails turning creative ideas into action. It’s all about what’s NEW, BETTER, NEXT. Got it. So, why is innovation so critical to your organization’s very survival?” Download this white paper to continue reading … Our author, Ethan L. Chazin, is the founder and president of The Chazin Group LLC. He gives motivational talks on confrontational and transformational topics, delivers training and professional development programs, and provides one-on-one and group-based executive coaching, strategic advisory consulting, and HR consulting services. After spending more than 20 years in corporate America in marketing and sales roles, he had a life-changing vision to apply his passion for helping others with his branding, marketing, and communications expertise.
As a supervisor you must be able to work effectively with your team and accomplish the goals of the organization. Situations may arise in your career when new techniques and managerial style is needed to fulfill your role as a manager. Managing a staff that is considerably older or younger than you or trying to manage former coworkers can create unique challenges. This white paper will provide tips on some of the top occurring situations that arise for individuals in a managerial role. Learn tips on managing unique scenarios like: - Generational differences - New department or industry - Former coworkers - Cross-departmental teams
The current data tells us that we face a health crisis over obesity. In excess of 33% of the adults in the U.S. are obese. And in spite of efforts made on many fronts, the percentage of U.S. adults who are obese has remained steady in number from 2003 through 2010. In this white paper you will learn: Current state of health crisis How did we get here? What can we do in the workplace?
Download this white paper and learn how to develop a successful employee orientation program that effectively illustrates job duties and company policies, lowers the learning curve and gets employees off to a good start that ensures long-term success. Don’t miss out on this valuable information.
When your company relies on a relatively small workforce, every loss - especially the loss of a star performer - can be crucial. A vacant position means business results could suffer, or that other employees must shoulder additional duties and as a result, teamwork and morale can decline. When it comes to employee turnover, SMBs must compete for talent in the same labor market with much larger organizations. Many small firms simply don't have the financial resources to match the salaries, bonuses, and benefits that bigger companies can offer, which can hinder their ability to lure top job candidates. That is why retaining your valued employees is vital for SMBs. Download this white paper to discover 7 powerful retention strategies.
Why is proper onboarding so important? Because turnover is expensive—astronomically so. The cost of replacing an entry-level employee is 30-50% of the person’s annual salary. And, for mid and senior-level employees it can reach 150 - 400%, respectively. In this onboarding series, you'll read about onboarding basics, essential components of the process, ways to measure ROI and ways to improve existing onboarding programs.
The world of HR is constantly evolving and new trends continue to emerge. Are you aware of these trends? Are you using them to your advantage? Download this white paper to discover the top 5 trends that are impacting your HR department today, and how to leverage them.
Recently, BambooHR did a study to find out which things were annoying and which things were deal-breakers for employees. We discovered that 82 percent of employees find it annoying when they're not recognized for their accomplishments. If your employees feel annoyed, chances are they won't be around long. If you want to keep your people around, it's time to sit down and deliberately and thoughtfully plan your strategy around reward and recognition. This white paper will help you to get started.