NAPEO Gives Back with Silent Auction
NAPEO Gives Back is raising funds this year for Give Kids the World Village (GKTW), a unique retreat for critically ill kids and their families. The auction runs through October 10, 2023.
IRS Announces an Immediate Moratorium on Processing New ERTC Claims
For PEOs with older outstanding ERTC claims, the announcements by the IRS are verification that they have been delaying the processing of these claims. Also, the IRS provided clarity on those remaining PEO-amended tax returns that have yet to be processed.
15.1% Rate Drop Proposed by the NCCI for Florida Workers’ Compensation Rates
NCCI has submitted a comprehensive proposal for adjustments to the voluntary rates and rating values within Florida's insurance landscape. With a planned implementation date of January 1, 2024, the proposal targets both new and renewal policies. A focal point of this proposal is a noteworthy 15.1% reduction in average voluntary rate levels for industrial classifications.
Data Breaches Are Hitting Closer to Home, Causing Discord.io to Announce Closure
Discord.io, a third-party service that offers custom URL invites for Discord servers, was the victim of a large data breach of approximately 760,000 users.
Multi-Billion Dollar Fraud Rocks Insurance Marketplace
Insurance startup Vesttoo Ltd. filed bankruptcy after an Aon Plc subsidiary accused the company of presenting fraudulent letters of credit.
PEO Compass Post: Article Review - Ransomware Returns with A Vengeance, U.S. Hardest Hit Region
Ransomware is a type of malware that, when activated can access systems and block out users, essentially holding data hostage until a ransom is paid.