Extensis

MARCH 18, 2024

Quick look: Professional employer organizations (PEOs) help their clients minimize time spent on daily HR tasks, reduce employment risk, control HR costs, and more. To uphold their certification, CPEOs must maintain tax compliance, pass rigorous financial standards, and complete routine background checks.

Background screening 78

Background screening Certification HR Planning HR Software 78

Homebase

DECEMBER 22, 2023

an hour rather than the federal minimum of $7.25 (in many states). As tipping options continue to pop up in new places like fast-food restaurants, stadiums, and even retail stores, business owners and managers must figure out how to properly track, report, and withhold taxes for this additional income. The tipping culture.

Report 52

Report Payroll How To Compensation 52

HR Lineup

FEBRUARY 2, 2024

Daily Salary Basis: One straightforward method is to calculate leave encashment based on the employee’s daily salary. The formula for this calculation is: Leave Encashment = Daily Salary × Number of Unused Leave Days This method is suitable for employees with a fixed daily rate of pay.

Compensation 52

Compensation Retirement Policies Report 52

Business Management Daily

AUGUST 31, 2023

Expenses that could previously be deducted on an employee’s tax return may no longer qualify, and relocation benefits that previously could be paid out without counting towards a taxpayer’s income may now result in higher tax liabilities. Previously, individuals could deduct qualified moving expenses from their personal income taxes.

How To 98

How To Payroll Policies Training 98

COATS Staffing Software

SEPTEMBER 29, 2023

And to get even further into the nitty gritty and paperwork needed for each new employee your staffing firm hires, COATS will ensure: all your new hire forms are completed and validated – including state, federal, tax, I-9, company policies, and custom forms. all documentation & support are provided in the case of an audit.

Staffing Software 26

Staffing Software Onboarding Software Interview Software Recruiting Software 26

Homebase

JULY 30, 2023

Some business owners are putting their businesses at risk by not paying the required amount of tax on the tips their employees receive. And even if they are paying taxes, it’s often up to busy managers to calculate tips correctly, which can be a complex process. This should be in the form of a daily record, as required by the IRS.

Hiring Software 98

Hiring Software Staffing Software HR Software Payroll 98

Zenefits

JUNE 13, 2023

Some may prefer a certified PEO because they offer certain financial protections and safeguards regarding federal employment taxes. The NAPEO states there are only 487 CPEOs in the U.S.² They manage all the company’s federal employment tax responsibilities and obligations. What is a certified PEO? What does a PEO do?

Certification 13

Certification Payroll Staffing Compliance 13

Business Management Daily

JANUARY 23, 2022

Tax season is right around the corner. For business owners, the month of January is the time to prepare and send out tax information for employees and nonemployees that they paid during the prior tax year. Previously, the 1099-MISC form was used to report income paid to independent contractors, vendors, and sole proprietors.

Compensation 94

Compensation Report Onboarding Payroll 94

Business Management Daily

JUNE 16, 2023

Are there special reporting requirements? Even though you’re holding the deceased employee’s last paycheck, some states allow a spouse or dependent children to receive a portion of those wages before the will is probated. The final check, therefore, will be net of FICA taxes. On the final W-2, report all wages up until death.

Report 52

Report Payroll Immedis Certification 52

Zenefits

APRIL 15, 2019

It’s the 105th day of the year–Tax Day–here in the United States. Quest Diagnostics released a report indicating that drug use among US workers is at its highest since 2004. If your company didn’t have reason to celebrate Tax Day this year…. Welcome to the Small Business Run Down. The Number: 37,000.

Hiring Software 28

Hiring Software Hiring Handbook Staffing Software 28

Insperity

FEBRUARY 11, 2021

Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Most payroll services use automation to calculate wages, taxes and other withholdings properly and to generate and file tax returns.

Payroll 101

Payroll Wage and Hour Training Hiring Software How To 101

Business Management Daily

MAY 26, 2023

But what you pay and what you deduct from an employee’s salary depends on their profile—their basic demographic information, their W-4s, their Social Security numbers, their work state, and their home state. Deduction code dilemmas There’s also a code for each pretax and after-tax deduction.

Onboarding 52

Onboarding Report Examples ATS 52

Embroker

AUGUST 24, 2022

When you launch a cannabis business, you’ll need to research critical information around costs, including the cheapest state to open a dispensary and other factors that affect your business. Then, you’d probably like to know the cheapest state to open a dispensary in, especially if you are flexible about your company location.

Planning Tools 98

Planning Tools Course Industry System 98

Zenefits

MARCH 7, 2019

Tax benefits of contingent workers. Hourly wages can be on par with permanent staff (not at all companies) but the savings in taxes can be substantial. Many of these employees are considered independent contractors : they are responsible for their own federal, state , FICA taxes and are exempt from unemployment contributions.

Hiring Software 31

Hiring Software ATS Wage and Hour Training Staffing Software 31

Homebase

FEBRUARY 13, 2024

Loads of small business owners struggle to figure out their finances or do payroll taxes properly. Get an overview of your cash flow with reports like hours vs. sales, hourly labor costs, labor costs summaries, and more. Small business finance tip #5: Don’t forget about taxes On average, small businesses pay 19.8%

Planning Tools 52

Planning Tools Payroll QuickBooks Software 52

Business Management Daily

JUNE 16, 2022

The proposal would require employers offering on-demand pay arrangements to maintain either a daily or a miscellaneous payroll period and to withhold and pay payroll taxes on employees’ earned wages on a daily basis. What impact does on-demand pay have on state payday law compliance? 5 questions to ask vendors.

Payroll 97

Payroll Compliance Productivity Data 97

Insperity

MAY 26, 2023

Relief from payroll and HR administration overload Pass off your daily HR duties – like administering benefits, managing employee paperwork, processing payroll and tax reporting – to a group that specializes in HR. This may include: Health insurance 401(k) retirement plans Healthcare FSA/HSA programs Life/disability insurance 2.

Payroll 67

Payroll Handbook Compliance Compensation 67

Bob

DECEMBER 8, 2022

AASCU: American Association of State Colleges and Universities. ADL: Activities of Daily Living. AFSCME: American Federation of State, County, and Municipal Employees. DSF: Division of State Facilities. EBT: Earnings Before Taxes. FCRA: Fair Credit Reporting Act. FUTA: Federal Unemployment Tax Act.

HR Planning 78

HR Planning Aptitude Tests HR Software HIPAA 78

Business Management Daily

JULY 4, 2022

However, it can be tough to navigate the switch from a compliance perspective, particularly when it comes to out-of-state remote staff members. Existing employees also may be planning to move out of state due to rising housing costs and the flexibility that permanent remote work provides. Which state laws apply to remote employees?

Sexual Harassment 95

Sexual Harassment Wage and Hour Training Hiring Software Employment Law 95

Business Management Daily

JUNE 16, 2021

Tax compliance is one such task and knowing what needs filing annually versus quarterly can be tricky. Annual income tax returns. The type of form on which to report business income tax and the date this paperwork is due varies by how the company is set up. This form reports business profits and losses.

Payroll 98

Payroll Report Compliance Compensation 98

Business Management Daily

OCTOBER 13, 2023

So let’s take a look at what these agencies are doing to protect you in your daily excursions into cyberspace. However, the Treasury Inspector General for Tax Administration and the Government Accountability Office think the IRS can do better. At the IRS Cybersecurity is a big reason the IRS requires you to register with ID.me

Hiring Software 72

Hiring Software Planning Tools HIPAA System 72

HRExecutive

FEBRUARY 8, 2024

While the social media firestorm was “funny and light-hearted on the surface,” she says, “it truly demonstrates the poor state of wellbeing and mental health today. adults report that they have at least one symptom of a mental health condition. Surgeon General , more than three-quarters of working U.S.

HR Software 129

HR Software Wellness Planning Tools Survey 129

Zenefits

AUGUST 16, 2021

State tipped minimum wage. Payroll tax rules for tips. Voluntary tip reporting compliance program. Tipped employees are those who customarily and regularly receive more than $30 per month in tips,” according to the United States Department of Labor (DOL). What is the state tipped minimum wage? Restaurants and bars.

Payroll 69

Payroll Compliance Report Employment Law 69

Homebase

DECEMBER 20, 2021

The start of the year comes packed with new employment legislation for many states. Minimum wage increases, paid leave changes, and other labor laws could be coming to your state. COVID vaccine mandates by state. Non-compete law changes by state. State minimum wage rate increases. State paid leave law changes.

Hiring Software 98

Hiring Software Assessment Software Wage and Hour Training Planning Tools 98

Business Management Daily

AUGUST 8, 2022

Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies. Factors such as industry and the state in which the organization is located can come into play. Per the U.S.

Policies 105

Policies Wage and Hour Training Guidelines Harassment 105

Homebase

NOVEMBER 17, 2023

This could take the form of government census data, research reports, polling results, and research conducted by other businesses in your industry or location. This section often includes a proposed budget and projected financial statements for five years, like a balance sheet, cash flow report, and income statement.

Background screening 105

Background screening Planning Tools Hiring Software Interview Software 105

Business Management Daily

MAY 30, 2022

This is an evolving area of employment law and payroll compliance as many states have passed legislation to restrict who may be classified and paid as an independent contractor. Employers must follow FLSA regulations as well as any state overtime rules in order to properly compensate non- exempt employees for the time worked.

Payroll 52

Payroll Compliance Hiring Software Onboarding Software 52

HR Digest

FEBRUARY 6, 2024

Image – Freepik Understanding the Snapchat Layoffs The reports we’re seeing about layoffs at Snapchat are not the first round of employee cuts at the company. According to The Verge , the company intends to grow daily users by 18 percent and take the 7 million Snapchat Plus subscribers and double them up.

Planning Tools 52

Planning Tools HR Software Company Report 52

HR Tech Girl

JANUARY 20, 2023

Whether you’re an entrepreneur running a small business, or a W-2 employee who wants to claim a tax deduction for your side-hustle, understanding the ins and outs of business expenses is an important part of running a business and minimizing your tax burden. Please note that this article only applies to U.S.-based

How To 52

How To Planning Tools Software Report 52

Business Management Daily

OCTOBER 28, 2021

While the year is winding down, the payroll department is ramping up to prepare for the end of the year and ensure that all reporting deadlines are met. Some payroll tax compliance items are completed quarterly, or more frequently throughout the year. Verify wages, taxes, and benefits. Review employee’s personal information.

Payroll 52

Payroll Compliance Wage and Hour Training Hiring Software 52

Business Management Daily

JUNE 26, 2023

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In A fiscal year simply represents the 12-month period that a business uses for its accounting, taxes, and budgeting purposes. The good news?

Retirement 105

Retirement Planning Tools Report Company 105

Runzheimer

FEBRUARY 15, 2024

We often highlight FAVR to show its many advantages in terms of cost control, employee satisfaction, and tax benefits. A FAVR program is a mileage reimbursement plan offering precise, tax-free compensation for fixed and variable driving expenses based on IRS revenue procedure. So do fees, insurance rates, and taxes.

Assessment Software 52

Assessment Software Planning Tools Company Compliance 52

Extensis

APRIL 2, 2024

A dispersed staff means business leaders must pay close attention to the various payroll and wage laws, region-specific tax laws, workplace safety legislation, and state-specific leave policies. workers report feeling stressed daily. Commit to diversity, equity, and inclusion (DEI) Over half of U.S.

Employee Benefits 64

Employee Benefits HR Planning Hiring Software Harassment 64

Extensis

MAY 18, 2022

When it comes to delegating assignments, managers should always clearly communicate deadlines and explicitly state both their and the employee’s time zone to eliminate any confusion. Stay on top of taxes and compliance. Daily overtime limitations. This level of clarity should also be used when scheduling meetings.

Hiring Software 96

Hiring Software Video Recruiting Recruiting Software Onboarding Software 96

Business Management Daily

AUGUST 10, 2021

Knowing whether the IRS views someone as your employee or as an independent contractor dictates tax obligations and associated paperwork, namely whether you bear responsibility for filing a W-2 or a 1099 for the individual in question. The state, city, or local tax department gets Copy 1. Copies B, C, and 2 go to the employee.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Employment Law Planning Tools 52

Extensis

AUGUST 16, 2023

Challenge 1: Limited healthcare options Mental health treatments are being sought after more actively within the United States. In 2021, the National Alliance of Mental Illness reported 65.4% The same report also noted that 47.2% adults with a serious mental illness received treatment.

HR Software 90

HR Software Recruiting Software Planning Tools HR Planning 90

Business Management Daily

NOVEMBER 16, 2022

It is the end of the year, and that means that tax season is approaching. While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. A W-2 is a tax form that businesses send to their employees as well as the government.

Hiring Software 52

Hiring Software Wage and Hour Training Onboarding Software Planning Tools 52