Bukaty Blog

Outsourced bookkeeping gives needed protection

As your small business grows, so do your responsibilities and financial risks. Many business owners think fraud, theft and embezzlement could never strike their organizations. But all businesses have some exposure, particularly those where the owner is stretched for time and attention.

0

Your fiduciary role can be costly

As a fiduciary, one violation of the Employee Retirement Income Security Act (ERISA) could cost you. Not your business. Not your boss. You. Under ERISA, employers and administrators have fiduciary responsibility, which means they are responsible for managing the company benefit plan properly and...

0

Streamline COBRA administration

COBRA compliance has never been easier for our online benefit enrollment clients with our new COBRA integration tool. For current COBRA and online enrollment clients this enhancement streamlines the COBRA process, reducing manual errors and ensuring election notices are expedited.

0

Additional protection needed to protect company, decision makers

Company executives and board members are your primary decision makers and often in the line of fire when disputes or liability issues arise. They’re generally personally named in lawsuits for alleged wrongful acts because of the positions they hold. Without the proper protection their personal...

0

How HR can help employees get ready for the 2019 tax season

When most individuals think of tax season, their minds jump to April. And hopefully a refund check. However, people are missing out on four months of preparation if they wait until April to assess their tax health. While the tax-planning responsibility rests with employees, there’s room for...

0

Employer health costs climb

Data can reveal savings opportunity

0

Tips to complete an insurance premium audit

All business insurance policies (e.g., workers’ compensation, general liability, automobile) can be audited by the insurance carrier to verify a business’s reported risk exposure. Typically policies are audited at the end of a policy period, however, high-cost claims or inconsistencies in...

0

Website accessibility could trigger ADA claim

In the digital age, it is crucial for businesses to understand the legal risks a potentially vulnerable website can present under the American with Disabilities Act (ADA). According to federal dockets, 216 lawsuits were filed last year under Title III, alleging inaccessibility to company...

0

Deliver your financial content with confidence

Presenting financials to a nonprofit's board of directors

Guest blogger: Tom Ross, CPA, Bukaty Payroll & Accounting Services 

Nonprofits pose a special challenge to providers of bookkeeping services. The financials are complex and multilayered — and they must be presented to a board of directors...

0

Auto insurance premium increases linked to multiple factors

Employers, who manage a fleet of vehicles or have auto coverage for employees who use their personal vehicle for work, are feeling the effects of rising auto insurance premiums. The increase is a direct result of “driving losses” that have outpaced the auto premiums collected. This industry-wide...

0

BUKATY PODCAST

Episode 5: The future of employee benefits

Listen to this podcast and discover how employers are utilizing online benefit management platforms to save valuable time and money. Employees love the ease and convenience an online system has over traditional paper enrollment. It’s a win-win for all!

Episode 4: The power of data analytics

Data analytics can serve as a powerful cost-containment tool for your organization's benefit program. Done right, analytics can illuminate the origin of high health care costs and opportunities for improvement. This episode will examine what it means to analyze data and how a proper analysis can benefit your business.

Episode 3: Understanding reference-based pricing

Reference-based pricing has become a popular strategy to control employer health care costs. Listen to this episode to gain a greater understanding of how this cost-saving strategy can lower reimbursement amounts and overall health care spending.

Episode 2: Busting narrow network myths

Narrow network plans can sound restrictive, but the reality is these plans are a valuable option for many groups. They have the potential to offer up to 20% savings on employee health insurance. 

Episode 1: DOL revives overtime discussion

The Department of Labor's 2019 regulatory agenda will revisit issues related to overtime compensation that were shelved in the  early days of the Trump Administration.