How your business can survive, avoid Labor Department benefits-compliance audits
By ABG advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists
“Compliance” and “audits” — two words that strike fear in most business leaders.
In addition to the more well-known rules surrounding financial disclosures and human resources practices, employers have compliance requirements related to their employee benefits programs as well. Being non-compliant can cost you significant pain financially and cause you and your team the major inconvenience of spending precious time and resources to meet requirements after-the-fact.
North Bay Business Journal – February 2023