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    Abandoned 401(k) Accounts

    Posted by Jill Proud on Mar 3, 2022 10:38:59 AM

    The trend of U.S. workers leaving their jobs and employers struggling with high levels of employee turnover continues to gain momentum. Another 4.5 million U.S. workers quit their jobs in November alone, according to data from the U.S. Bureau of Labor Statistics. Meanwhile, the number of job openings in the United States remains elevated at 10.6 million, as companies across sectors and industries continue to have a hard time recruiting and retaining employees.

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    Topics: Takeaways, brixey and meyer, Retirement Plan Administration, 2022 Retirement Planning, 401(k)

    Building & Sustaining a Compelling Culture

    Posted by Steve Black on Feb 24, 2022 9:04:07 AM

    Compelling cultures have a common ingredient. Trust. It characterizes who they are and what they do. This single ingredient propels them to be bigger, better, faster, and stronger. They win more opportunities, deal with less distractions, and enjoy more of what Jim Collins calls “luck events.” Trust was once considered a “soft” part of business. Now, it is a necessary component of sustainable growth.

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    Topics: Takeaways, culture, hiring, Growing, HR, Human Resources, Growth, workplace productivity, Success, Management, Goals, 2022 Planning

    Tax Treatment of Meals & Entertainment

    Posted by Jeff Kujawa on Jan 25, 2022 1:10:46 PM

    Reminder that the deductibility of business meals has changed for 2021 and 2022. Food and beverages will be 100% deductible if purchased from a restaurant during 2021 and 2022. The temporary 100% deduction should help restaurants which have been hard hit by the pandemic. Below is a chart you may find helpful as you monitor these expenses. Entertainment continues to be 100% nondeductible.

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    Topics: Takeaways, brixey and meyer, Tax, Tax Team, Tax updates, meal deduction, New Year, Business Meal Expense

    IRS Raises Mileage Rates for 2022

    Posted by Steve Hood on Jan 20, 2022 2:08:16 PM

    The IRS issued the 2022 optional standard mileage rates which are used to calculate the deductible costs of operating an automobile for business purposes, charitable purposes, medical purposes or moving purposes. 

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    Topics: Takeaways, brixey and meyer, Tax, Tax Team, Tax updates, New Year, Mileage

    Success Starts in the Morning

    Posted by Steve Black on Jan 18, 2022 11:24:42 AM

    “Your morning routine generates a 10x return for good or for bad. Make it good.”

    - Todd Stocker (Becoming the Fulfilled Leader)

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    Topics: Takeaways, culture, hiring, Growing, HR, Human Resources, Growth, workplace productivity, Success, Management, Goals, 2022 Planning

    Brixey & Meyer's Annual Day of Giving 2021

    Posted by Nicole Kelly on Dec 22, 2021 10:24:10 AM

    It's in the Brixey & Meyer DNA to give back to communities in which we serve. Every year we identify organizations that our team can  partner with in order to fulfill our desires to give back. We closed all three offices and our team headed out to serve and spend time with one another. This year, our annual day of giving was spent in Cincinnati where we had stations set up benefiting multiple organizations. 

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    Topics: Takeaways, values, brixey and meyer, dayton, columbus, Volunteer, productivity, workplace productivity, Cincinnati

    2021 Year End Tax News

    Posted by Jeff Kujawa on Dec 21, 2021 12:15:12 PM

    This has obviously been anything but an ordinary year and it appears the Build Back Better Act will not be signed by December 31st. Any proposed legislation will most likely be effective beginning January 1, 2022. In 2021, Congress did pass the Infrastructure Investment and Jobs Act to spur the economy and help with our federal highways, highway safety programs, transit and other purposes. However, this bill had minimal income tax consequences.

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    Topics: Takeaways, brixey and meyer, Tax, Tax Team, Tax updates, 2021, 2022 Tax Planning

    Winning with People-Based Competitive Advantages

    Posted by Steve Black on Sep 29, 2021 11:07:02 AM

    Competitive Advantage

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     “A condition or circumstance that puts a company in a favorable or superior business position.

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    Topics: Takeaways, culture, onboarding, hiring, Growing, HR, Human Resources, Growth, workplace productivity, Success, Management

    Stumbling into Human Resources

    Posted by Steve Black on May 10, 2021 10:52:11 AM

    I stumbled into Human Resources. Prior to my Human Resources career, I had very little understanding of what “HR people” did. As the department of “NO,” I saw HR as a group of people isolated from core organizational goals. As a “siloed” department, I saw a group of people working hard to process paperwork, pacify disgruntled employees, and fix payroll and benefits mistakes. What a misunderstanding! 

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    Topics: Takeaways, culture, onboarding, hiring, Growing, HR, Human Resources, Growth, workplace productivity, Success, Management

    Corrective Action That Works: Discipline vs. Performance Issues

    Posted by Steve Black on Apr 1, 2021 11:15:55 AM

    I believe that…

    · Employees are capable of excellence. 

    · Certain employee behaviors, which do not meet expectations can be improved upon by utilizing a SOLID corrective action process. 

    · Great leaders recognize individual genius in people, and they know how to ignite it! 

    · Great leaders must address poor behavior and performance at times to ignite this genius.

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    Topics: Takeaways, culture, onboarding, hiring, Growing, HR, Human Resources, Growth, workplace productivity, Success, Management, Employee Retention, Corrective Action

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