Attention Small Businesses: Here’s what to Watch in 2015

With the New Year in full swing, small business owners are focused on implementing their strategic plans for this year.  


An important component of those plans should include monitoring potential regulatory changes and understanding how they may impact the small business landscape.


“Staying up-to-date with the ever-changing regulatory environment can be the difference between your business maintaining compliance and potentially facing steep IRS penalties,” said Martin Mucci, president and CEO of Paychex.  “Paychex keeps a close eye on regulatory issues to help business owners plan for changes that may be required in the New Year.”


Paychex has compiled its annual list of the top 10 regulatory issues that small business owners need to be aware of in 2015:

Tax Extenders and Tax Reform

The Affordable Care Act

Taxation of Online Sales

Immigration Reform

Overtime Regulations

Employment-Related Legislation

Privacy

Retirement

FUTA Credit Reduction

Banking Developments

For more expansive information on these items and to read the entire article, please visit www.cpapracticeadvisor.com.