The Small Business Administration is promoting a new retirement savings account which will allow owners of small businesses to provide a simple, safe and affordable way to help employees start saving.

The program – “myRA” (“My Retirement Account”) - will be initially available only through employers and the investment held in the account will be backed by the U.S. Treasury.

It's not a random roll of the dice. According to the numbers from ALCC’s recent poll, chances are about 50/50 that your payroll or tax records will be audited by the federal government, state government or a local jurisdiction.

Fifty-four percent (54%) of all respondents said they had not been audited by any agency during the last 4 years – and a number of companies have never been audited. Still, 30% of respondents said that they have been audited by the U.S. Department of Labor (DOL) – and the overwhelming majority of them were audited during 2014. Many are still waiting to learn the outcome.