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News & Tips Archive
Oct 24, 2024
COBRA: What's Your Responsibility?
As an employer, you should be familiar with which employees are eligible for continuation of health insurance benefits under federal law and what events trigger that coverage. You should also know what kinds of communications are required and when. Read through to learn more.
Oct 23, 2024
What's the Story on Meal Deductions?
The rules on deducting meals have changed over the years, leaving many to wonder what the current situation is. What kinds of deductions are available, and when? Read through for the latest guidance.
Oct 22, 2024
Employers' Responsibilities Under the SECURE 2.0 Act
The SECURE 2.0 Act creates incentives for employers and employees to add to employee retirement accounts. However, some incentives and contributions are taxable and need to be reported on Form W-2 and/or 1099-R. Read through to see what to report and where.
Panacea Payroll
3277 West Ridge Pike
Suite A101
Pottstown, Pennsylvania 19464
610-310-7615
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WE'RE SERIOUS ABOUT SECURITY
Staying resilient from malicious threats, cyber and physical, is critical in providing the exemplary value our clients expect from us. To do this, we integrate the National Institute of Standards and Technology's (NIST) Cybersecurity Framework that ensures our security procedures, policies, and infrastructure are up to the highest standard possible. Financial institutions, infrastructure management, defense, healthcare, and other heavily regulated industries that rely on stringent information safeguards use the NIST Cybersecurity Framework. We review our security policies and procedures frequently to ensure newly identified threat and vulnerability information is incorporated. Our network infrastructure and physical locations are continuously monitored for anomalies and uninvited guests. Additionally, our incident response and business continuity plans are tested frequently to minimize the likelihood of backup failures.
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