
The episode discusses pay transparency regulations, questionable tax deductions among small business owners, and the integration of AI in small businesses.
A new Mercer survey finds that only 54% of U.S. employers are ready to comply with pay transparency regulations, while host Gene Marks says it’s a smart business practice, whether or not your state requires it. A 1-800Accountant survey reveals that 57% of small business owners admit to questionable tax deductions, with complexity, not intent, being the real culprit. And while a Goldman Sachs study shows most small businesses are using AI, only 14% have truly integrated it into core operations. Listen to the podcast. Topics:00:00 - Introduction01:00 - Pay Transparency03:44 - Questionable Tax Deductions06:32 - Small Businesses and AI09:27 - Episode Wrap Up Additional Resources Meet Paychex: https://bit.ly/3VtM6bs Article on AI for small business: https://bit.ly/4uVEhvW DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may…
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