If you’re looking for a new benefit to offer employees, you might consider employer student loan repayment. The benefit itself isn’t new, but it got a tax-exemption makeover in 2020 thanks to the CARES Act and Consolidated Appropriations Act.
Read More Employer Student Loan Repayment: Up to $5,250 Tax-free Through December 31, 2025Payroll Articles
Payroll Tips, Training, and News
March 18, 2025
State-mandated Retirement Plans: Don’t Get Tripped up
State-mandated retirement plans are here to nudge (erhm, push) employers into helping employees save for their future. But, all the different rules and regulations can cause you to trip on your way to offering retirement plans.
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March 18, 2025
What Is Time and a Half Pay, and Who Qualifies for It?
If you have nonexempt employees, you have to pay them overtime, or time and a half, for any hours worked over 40 during the workweek. Learn all about time and a half, who qualifies for overtime, and how to calculate time and a half when running payroll.
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March 17, 2025
What Is a Furlough?
When it comes to business, things don’t always go according to plan. At some point, you may find your company struggling to stay afloat financially. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough?
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March 17, 2025
Is Unlimited Paid Time Off Right for Your Business?
Paid time off (PTO) is a benefit employers often offer to their employees. Offering PTO is not federally mandated in the Fair Labor Standards Act (FLSA), but there are some state-mandated paid sick leave laws. Many companies simply give employees a few PTO days per year, but employers also have the option to offer unlimited […]
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March 17, 2025
1095-C Form Obligations: Do Employers Have to File Form 1095-C?
Do employers have to offer health insurance? Sometimes. And if you are required to offer health insurance, you need to send a 1095-C form to all full-time employees.
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March 11, 2025
New Mexico Sick Leave Law: Know About the Healthy Workplaces Act
What happens when your employee gets sick? If you’re a New Mexico employer, you need to know about the Healthy Workplaces Act. Saddle up to make sure you are in compliance with this New Mexico sick leave law.
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March 10, 2025
How to Calculate Local Income Tax: Guide for Employers
As an employer, you’re responsible for withholding certain taxes from employees’ wages. One of the taxes you may need to withhold is local income tax. Read on to get the scoop on this tax, and learn how to calculate local income tax.
Read More How to Calculate Local Income Tax: Guide for Employers
March 5, 2025
How to Fill Out Form 941 (2025): Step-by-step Instructions to Fill Out Form 941
If you have employees, you likely need to fill out and file Form 941 each quarter. Form 941 is jam-packed with different sections and calculations, which leaves room for errors. Avoid major Form 941 mistakes and learn how to fill out Form 941 line by line here.
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March 4, 2025
What Is 2% Shareholder Health Insurance?
Do you own an S corporation and offer health insurance to employees? If so, handling health insurance may get confusing if you have a 2% shareholder-employee. Learn how 2% shareholder health insurance works for S corporations.
Read More What Is 2% Shareholder Health Insurance?