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...
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. ...
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...
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. ...
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. ...
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...
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,...
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...
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...
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...
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...
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,...
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...
Every year the IRS releases a “Dirty Dozen” list of tax scams which are at the forefront of their radar, and that we all need to be wary of. This list ranges from bad actors intent on stealing your money (a far cry from teaming up with Lee Marvin!) to...
As an employer, you have probably heard or have seen the term “Human Capital Management” or “HCM,” but what exactly does this term mean? What is HCM? Human Capital Management (HCM) is the set of practices which companies use to recruit, manage, develop, and optimize...
Our Most Popular Time and Money-Saving Products If you are like the majority of our 6,500+ clients, you are looking to make running your business a bit smoother. Here are the most popular services our clients use to help achieve this goal. NetClockIn This is a...
The following message is from IRS.gov. This message may be helpful for both employers and their employees. Please feel free to share. As the IRS begins this tax season, it continues to face enormous challenges. Our dedicated workforce has done everything it can to...
Employers who had 11 or more employees at any point in 2021 are required to post Occupational Safety and Health Administration (OSHA) Form 300A from February 1 through April 30 unless they qualify as an exempt low-risk industry. A full list of exempt low-risk...
If you have employees who earn less than $57,414, they may be eligible for the Earned Income Tax Credit (EITC). The EITC helps low- to moderate-income workers and families get a tax break. If an employee qualifies, they can use the credit to reduce the taxes they...
