Nov 15, 2023 | Industry News, Regulatory Updates, Retirement Services, Small Business Resources
IRS Updates Retirement Account Limits 401(k) limit increases to $23,000 for 2024, IRA limit rises to $7,000 The Internal Revenue Service announced November 1st, 2023 that the amount individuals can contribute to their 401(k) plans in 2024 has increased to...
Oct 26, 2023 | Regulatory Updates, Small Business Resources
State Increases to Minimum Wages in 2024 Each state, and in some cases each city, is responsible for setting its own minimum wage laws. Below are each state’s minimum wage listings with upcoming changes noted. Dates are provided since changes go into effect...
Oct 12, 2023 | Product News, Small Business Resources
Top 3 Reasons to Outsource Your Payroll Using an outsourced payroll company can offer several advantages for small businesses. Here are the top three reasons: Expertise and Compliance: Payroll processing involves complex tax regulations and compliance...
Aug 8, 2023 | Benefits, Human Resources, Product News, Retirement Services, Small Business Resources
From our partners at Vestwell, originally published 07.31.2023 In today’s competitive business landscape, offering the right benefits can set your business apart, helping you attract and retain top talent. One of the most valuable benefits you can provide is a...
Aug 4, 2023 | Human Resources, Regulatory Updates
USCIS Release Date 07/21/2023 On Aug. 1, 2023, U.S. Citizenship and Immigration Services published a revised version of Form I-9, Employment Eligibility Verification (PDF). Among the improvements to the form is a checkbox employers enrolled in E-Verify can use to...
Jul 25, 2023 | Company News, Human Resources, Onboarding
Get New Hires Started Off on the Right Track with “Come Aboard”! Easy. Efficient. Paperless. With our online employee onboarding software, you will save time and money with a suite of features that simplifies setting up new staff. In a work environment...
May 25, 2023 | Industry News
Not all third-party payroll service providers are created equal. A trusted, qualified company can help keep businesses secure and tax compliant. Businesses can help protect themselves by hiring an Authorized IRS e-file Provider. This is a third-party payroll service...
Apr 25, 2023 | Benefits, Company News, Product News
Control Labor Costs The cost of labor can be one of the primary forces cutting into a small business’s bottom line. You can control it, or let it run away with your profits. NetClockIn gives you the tools to control when employees are clocking in and clocking out. ...
Apr 13, 2023 | Human Resources, Regulatory Updates
The Internal Revenue Service issued a renewed warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to claim the credit as dishonest promoters continue pushing ineligible people to file. Third parties continue...
Mar 14, 2023 | Regulatory Updates, Small Business Resources
In February, the Department of the Treasury and the Internal Revenue Service issued final regulations amending the rules for filing returns and other documents electronically (e-file). These regulations will require certain filers to e-file beginning in 2024. T.D. ...
Feb 23, 2023 | Benefits, Retirement Services, Small Business Resources
This post is originally from our partners at Vestwell. With the recent passage of new legislation known as “SECURE 2.0,” tax credits available for small businesses that start a new retirement plan just got significantly larger. In the last week of 2022, the U.S. ...
Feb 9, 2023 | Human Resources
As you get ready to file a 2022 tax return, you may have questions or need additional information. IRS.gov has tools and resources that can put the information you need at your fingertips. Below are some links worth keeping to give you guidance and provide answers...
Jan 26, 2023 | Human Resources, Small Business Resources
It is estimated that 10 to 20 percent of employers misclassify at least one worker as a contractor rather than as employee. Both old and new-economy sector workers are impacted, in industries like trucking, construction, house cleaning, in-home care and technology,...
Jan 12, 2023 | Industry News
At the end of December 2022, the Internal Revenue Service issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2023, the standard...
Dec 8, 2022 | Small Business Resources
Number 1 – Understand licensing you might need depending on your occupation. Depending on what you do, you may require licensing in your state. Some states have an abundance of licensing requirements. California, New York and New Jersey have hundreds of licensing...
Oct 11, 2022 | Human Resources, Industry News, Small Business Resources
Per the IRS, Florida victims of Hurricane Ian now have until February 15, 2023, to file various federal, individual or business tax returns and make payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). This...
Sep 7, 2022 | Retirement Services, Small Business Resources
A Post from our Partners at Vestwell At a time when recruiting and retaining top talent is growing ever more difficult, offering your employees a better way to save for retirement can be a competitive advantage for your business. However, it’s important to understand...
Aug 19, 2022 | Regulatory Updates, Retirement Services, Small Business Resources
State Retirement Program Mandates: What States Have Them and When Do They Take Effect? Originally published by our partners at Vestwell. Fourteen states have already enacted retirement savings programs to help individuals save for retirement. Program mandates,...
Aug 4, 2022 | Human Resources, Small Business Resources
What is Employment Branding? Employment branding is the process of creating the perception of an organization as an employee’s choice in the labor market. It is an actionable item that is made all the more important with the labor market challenges in our...
Jul 14, 2022 | Retirement Services
Originally written and published by our retirement partners at Vestwell. Copyright © 2022 Vestwell Holdings, Inc. With over a dozen states mandating that small businesses offer a retirement program to their employees, and other states debating similar...
