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).
ThinkHR has published very helpful information for employee and employers struggling with the question: Can an employee refuse to return to work over concern about COVID-19.
Our partner, GovDocs, has published a very good checklist for employers. The FFCRA was signed into law March 18 and went into effect April 2. It expires Dec. 31, 2020.
Congress has just passed legislation to add additional funding the Paycheck Protection Program (PPP). The President is expected to sign the bill later today.
The uncertainty surrounding COVID-19, or the coronavirus, has left many small business owners concerned about the future. While some businesses are practicing social distancing with work-from-home policies, other businesses don’t have the capabilities to do so, leaving many without work.
Many lenders are still requesting 941s to verify payroll amounts. Interim Final Rules from the SBA DO NOT require tax documents. The National Association of Professional Employer Organizations has created a letter for our PEO clients to use when talking to your lender. You can download it here.
Interested in learning more about our solutions? Let’s talk.
HR Today. A Better Way.
FL License #s:
GL205, GM546, GM575, GM576
Click on the button below for COI forms and more information.
© 2024 INVO PEO. All rights reserved. Design by Morris Group LLC