CHLK Tax Letter on July 20, 2022

1.    CalSavers(AB 102): Employers with five or more employees must participate in CalSavers if they do not already have a workplace retirement plan by 6/30/22.  Employers must complete adding employee information and submit employee contributions by 7/31/22. Failure to do so will result in the first fine of $250 penalty per employee and if employers don’t still…

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