Business and industry news from around the web: April 22 – 26, 2019

Written on Apr 23, 2019

Expanded Self-Correction Program – Rev. Proc. 2019-19
The IRS has expanded its Employee Plans Compliance Resolution System self-correction program in Revenue Procedure 2019-19, effective April 19, 2019, to make it easier to fix various failures.

Ohio ranks comparatively well for good jobs that don't require degrees
A new report produced by Federal Reserve researchers in Cleveland and Philadelphia finds several Ohio cities at the higher end of the scale in "opportunity employment" – availability of jobs that don't require college degrees but pay above the national median wage.

How to predict which employees will leave
Almost 3.5 million U.S. workers quit their jobs in January, the highest monthly total ever, according to Bureau of Labor Statistics data. With the economy essentially at full employment, retaining good employees is as crucial as finding new ones.

New lease accounting standards: What private companies need to know
The new FASB and IFRS lease accounting standards will take effect in 2020 for private companies. The standards bring many leases onto the balance sheet and could significantly impact a business’s financial statements. Here’s what private companies need to know.

Tech Corner – Is there a 5G network near you?
The age of the 5G smartphone is almost here, but before you buy one, you might want to think about where you have to go to find 5G service and how much you want to spend.

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