There are a million things you have to manage when running your business. Whether or not you want to admit it, payroll taxes should be one of your top concerns. Payroll taxes generally include Social Security and Medicare. But, many states have additional taxes that employers need to deduct from employee wages. California payroll tax […]Read More California Payroll Tax: What You Need To Know About the Golden State
Want to show your employees you appreciate their hard work throughout the year? You might decide to distribute gift cards to your employees. But before you start doling them out, you need to know …. Are gift cards taxable?Read More Are Gift Cards Taxable?
Pay frequency is one of the first decisions you must make when you hire your first employee. If you haven’t thought about payroll frequency, now’s the time to start. Employee satisfaction, legal compliance, and cash flow may depend on it.Read More How Often Employees Get Paid Depends on One Thing—Pay Frequency
A quarter of adults in the U.S. don’t have retirement savings. One reason? Not all employees have access to an employer-sponsored retirement program. Seeing this looming crisis, Illinois launched the Secure Choice Retirement Savings Program (Illinois Secure Choice).Read More Does Illinois Secure Choice Affect Your Small Business?
Here’s a shocking stat: More than 600,000 private-sector employees in Connecticut don’t have an employer-sponsored retirement savings plan. To encourage more employees in the state to save for retirement, Connecticut launched the MyCTSavings Retirement Program (MyCTSavings).Read More Connecticut Employers, How Much Do You Know About MyCTSavings?
Do some or all of your staff make a good deal of their income off of tips? Wait staff, bartenders, and taxi drivers depend on tip income. Just like wages, tips have a few tax-related requirements that come with them. If your employees make more than $20 per month in tips, you may wonder how […]Read More Can a Tip Reporting Sheet Simplify Your Life? Yes! Here’s How.
Payroll tax in Pennsylvania is notoriously difficult, confusing, and overwhelming for new and veteran employers alike. And when it comes to payroll, you probably don’t want to waste time making preventable payroll mistakes.Read More The PA Employer’s No-fuss Guide to Payroll Tax in Pennsylvania
Life has a way of complicating plans at work. Employees may get sick, injured, give birth, or need to care for a family member. In any of these situations, there are a couple of different ways your employee can take leave from work. Short-term disability and the Family Medical Leave Act (FMLA) are two options […]Read More The Difference Between Short-term Disability and FMLA Leave
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 […]Read More How to Pay Payroll Taxes: A Step-by-step Guide
In the United States, the most common type of retirement plan is the trusty 401(k). With over 60 million active participants and an estimated $7.3 trillion in assets, businesses of all sizes offer this type of plan to help their employees save for the retirement they deserve.Read More Safe Harbor 401(k) Plan: How to Maximize Your Small Business’s Savings