Have you avoided retirement plans because of the large fees and time-consuming administration? If so, I’m happy to tell you that things have changed. There are more options than ever, including a plan that has no fees or recordkeeping requirements for employers. Not to mention, you may no longer have a choice. Several states have […]
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Payroll Tips, Training, and News
July 14, 2022
What Is the Fair Credit Reporting Act?
Before hiring a new employee, employers typically run background checks, or consumer reports, on the individual. The consumer report can reveal information like the applicant’s criminal and public records, as well as their credit report.
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July 13, 2022
How to Pay Payroll Taxes: A Step-by-step Guide
There are a lot of things to keep track of as a business owner, with payroll taxes being one of them. The IRS requires you to withhold payroll taxes on your employees’ earnings and also contribute payroll taxes. This process can be complicated if you aren’t prepared. Read on to learn the difference between income […]
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July 6, 2022
Sick Balance on Paycheck Requirements by State
No matter when you cut your checks for your employees, paychecks usually come with a pay stub. A pay stub, or check stub, explains details about your employee’s pay.
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June 27, 2022
How Do 3401(a) Wages Work?
As an employer, you’re probably familiar with W-2 wages and how they work. But, have you ever heard of 3401(a) wages? If you offer retirement plans, it’s time for your crash course. Get the lowdown on what 3401(a) wages are, how they work, and other 3401(a)-specific rules.
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June 20, 2022
What Is Employee Leasing?
Employee leasing can offer advantages to small business owners. Instead of directly hiring workers, the client company hires the services of a professional employee leasing organization. Also known as a professional employer organization (PEO), the leasing agency oversees everything from recruitment to HR administration.
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June 20, 2022
What Is the MCTMT Tax?
The Metropolitan Commuter Transportation Mobility Tax (MCTMT) was enacted in 2009 to provide funds for transportation, taxing income earned from wages and self-employment in 12 downstate counties in the state of New York.
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June 20, 2022
Best Shift Swap Practices for Employers and Employees
If you’ve ever had to put together a schedule, you know the unique pain of a last-minute shift swap. You’ve created a highly exact work of art, after all. When someone changes it at the last minute, all types of problems can show up. Shift swapping can be unnecessarily complicated if you aren’t prepared. This […]
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June 17, 2022
Equal Pay Laws by State: Deciphering Laws for Fair Wage Practices across the U.S.
There are many laws in the workplace that govern employers and employees. You need to be sure you are in compliance with federal and state laws at all times as a small business owner. One prominent issue today is equal pay between men and women. Federal law and equal pay laws by state aim to […]
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June 17, 2022
What You Need to Know About a Conflict of Interest in the Workplace
Many different issues can come up in business. At some point, there might be a conflict of interest in the workplace. To ensure business operations run smoothly, you have to take action and do what’s best for your company.
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