Tag: Payroll
How to Calculate Payroll Taxes for Small Business
Learning how to calculate payroll taxes for small business can be daunting. Accurate calculation of these taxes is not just a legal requirement; it’s an essential part of your organization’s financial health, which impacts everything from your bottom line to the overall satisfaction of your employees. If there are missteps when calculating payroll taxes, you […]
Why Outsource Payroll Processing?
After spending some time in business, you may be asking yourself: Why outsource payroll processing? The process is usually an exact same routine, it has to be on time, and there’s very little variation. As a business owner, you only need to see the bottom line, so isn’t this the perfect set of characteristics for […]
7 Great Reasons Why Companies Use PEOs to keep the Government OFF Their Back
Consolidates several small companies’ employment tax filings into one More professional preparation and reporting Accelerated collection of taxes Extends access to medical benefits to more workers Improves the communication of government requirements and changes to small businesses Reduces litigation by resolving many problems before they reach court Allows government agencies to reach businesses through a single-employer entity
July Safety Topic: Working Outside in Hot Weather
If you live in the south, summer means high temperatures combined with high humidity. That is also the recipe for heat stress. We offer the following suggestions and precautions for employees who work outside. Try to avoid really heavy work during the middle part of the day. You can help prevent heat illness by drinking […]
New “SafeHarbor Rules” on Affordability Test
The “affordability” of Health Insurance coverage offered by a large employer (50 or more employees) is a key point in complying with PPACA mandates. The IRS recently issued a notice confirming two new safe harbor standards for determining whether or not your plan is affordable. Under the original PPACA law, coverage is considered affordable if […]
May Safety Topic: Drugs, Alcohol and Work
An employee who is abusing drugs or alcohol in the workplace can create a range of problems with very serious consequences for his company, fellow employees and himself. Some examples are but are not limited to: injuries, absenteeism, lost production and economic losses associated with damaged equipment or property. With that knowledge in mind, it […]
The top 10 payroll mistakes made every day that cost businesses time and money (6-10)
Miscalculating overtime pay. There are laws/regulations that must be followed when determining overtime pay and miscalculations can be costly. Litigation has been increasing in recent years claiming that employees who were treated as “exempt” employees and therefore not entitled to overtime were misclassified. Leaving too much responsibility to the software program. There are several excellent […]
Top 10 Payroll Mistakes Made Every Day That Cost Businesses Time and Money (1-5)
Our goal is to help make your business as efficient and profitable as possible. We will work with you to help solve your problems, while understanding that you have limited resources and budget. Upon completion, we will present to you a written assessment of your business and recommendations for improving inefficiencies and cost. 1. Missing deadlines […]
