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Without the proper identification information, your employer is unable to accurately complete the required tax forms which may cause issues as you file taxes. This is one of many reasons why it is important to provide your employer with the most up-to-date information for your payroll records, including your name and home address.
As we head full force into the fourth quarter (Q4) of the year, some businesses will experience a natural slowdown while others will become even busier. Regardless of sales, Q4 is stressful for everyone. With a to-do list that runs miles long, it is hard to know which task to start with first. However, it doesn’t have to be this way. Although it seems like the end of the year is still far away, preparing now can save you many headaches as December 31st approaches. Here are just a few areas to focus on in anticipation of the new year.
Outsourcing your Human Resources functions can greatly increase your return on investment. However, many aspirational medium and small business owners analyze the structure of some of the most successful companies and attempt to replicate it hoping for the same results. However, small or medium businesses should be doing the opposite.
During the COVID-19 pandemic, there has been an uproar regarding how companies are or are not taking care of their employees. As companies braced for the impact of the pandemic, the Human Resources departments in particular were faced with tough decisions and are expected to continue to evolve post-pandemic.
You’ve decided to outsource your payroll, but now what? One of the most difficult and most common decisions that business owners face is which type of payroll outsourcing to utilize—either a Payroll Service Provider (PSP) or a Professional Employer Organization (PEO).
The Department of Labor (DOL) has released rules related to administration of leaves under the Families First Coronavirus Response Act (FFCRA) and answered more common questions on their Questions and Answers page. Below are some key highlights to keep in mind when administering these leaves. We also recommend reading our summary of the FFCRA in Comply if you have not already done so.
Payroll has come a long way since the 1960s. With the ever changing state and federal payroll tax laws, how can a small business keep up and not find themselves overwhelmed? Outsourcing your payroll to a professional employer organization may be the solution you have been looking for.
FMLA stands for the Family and Medical Leave Act. This law was passed in 1993 to help employees balance their work life with their personal medical needs, as well as the needs of their family members.
Under this law, you are entitled to take up to 12 weeks of unpaid leave to either take care of your own serious health condition or to help take care of a serious health condition of an immediate family member. Don’t get lost in the sea of legal jargon, let us help you understand how the Family and Medical Leave Act affects your business by reading the important points we outlined below.
HR has come a long way over the years. Gone are the days where your human resources department was solely in charge of organizing paperwork and hiring new employees. In fact, you may be surprised how much HR has evolved over the years and what all now falls under its umbrella.
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