News & Tips Archive

Dec 17, 2024

A New President: How Taxes May Change

It is important to understand the tax policies and initiatives that United States President-elect Donald Trump spoke about during his campaign. Some, all or even none of them may come to pass. Read through to see how the situation may change, so you can be prepared.

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Dec 16, 2024

The IRS Announces Inflation Changes for 2025

As it does every year, the IRS has made inflation adjustments to a variety of provisions. These take effect in 2025, and generally will be applicable when filing taxes in 2026. Read through for a summary of the main changes.

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Nov 22, 2024

IRS Adjusts HSA Amounts

In a recent revenue procedure, the IRS announced changes to health savings accounts for 2025. Now is a good time to look at your situation and consider your options. Click through for a review of the changes.

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Nov 21, 2024

Creating a Payroll Continuity Plan

When a disaster strikes, it's critical to have a payroll continuity plan — a document outlining the steps necessary to manage payroll through disruption. Click through to learn how to create a multitiered plan that prepares your organization for many possibilities.

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Nov 20, 2024

IRS Announces Retirement Plan Changes

Cost-of-living adjustments affect dollar limits for pension and other retirement-related items for tax year 2025—and your contribution to such accounts increases. Click through to see the IRS stipulations regarding specific retirement programs.

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Nov 19, 2024

Preparing for the 2024 Tax Season

Between changes to current tax law and uncertainty about how a new president will influence future tax law, planning for the 2024 tax season is challenging. Click through for tips on staying on top of current and proposed tax legislation.

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Nov 18, 2024

Federal Court Strikes Down Overtime Rule

With a November 2024 decision that overturns major employment changes announced in April 2024, a federal court has ruled against the Department of Labor. Click through for a review of the current overtime status in the wake of this decision.

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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.

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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.

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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.

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Oct 21, 2024

Important Tax Tips for 2024

April 15 always comes faster than we wish! Both small business owners and individuals should review the tax credits available in 2024 (along with the credits' restrictions), as well as how to maintain good communications with the IRS. Read through for a few tips on both.

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Sep 26, 2024

Is This Your Situation: Employees Keep Asking for Cash Advances

Employees keep knocking on your door, needing a cash advance. You want to help them but it’s a huge headache. Read through to learn about a payroll add-on to help you and your employees.

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Sep 25, 2024

Good and Bad Job Application Questions: What To Ask

When interviewing prospective candidates as you look to fill open positions in your company, the questions you ask — and don't ask — can make all the difference. Read through to learn how to choose your questions wisely when meeting with applicants.

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Sep 24, 2024

Is This Your Situation: Sorting Out Exempt vs. Nonexempt Employees

Some employees have to be paid their hourly wage, or even more, if they put in extra time. Others are expected just to put in the extra time anyway. Read through for an introduction to the complex world of exempt vs. nonexempt employees.

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Sep 23, 2024

Why Use Time and Attendance Software?

How do you track your employees' time and attendance? It's easier said than done, but modern companies have options. Read through to see how to manage pay, appropriately compensate employees for their work and eliminate bottlenecks in payroll.

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Sep 13, 2024

7 Fantastic Secrets of Automated Timekeeping That Save Your Company Money - cont'd

Secret #4: Manage Off-site Early Punch-ins with Real-Time Geofencing Notifications

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Aug 30, 2024

7 Fantastic Secrets of Automated Timekeeping That Save Your Company Money - cont'd

Secret #3: Reduce Impact on Staff with Self-Service Access to Timecards, Pay Stubs, and PTO Balances

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Aug 29, 2024

Getting Offboarding Right

At some point, your employees will leave the company. When that time comes, it's important to do what you can to ensure a smooth departure. Read through for insight into offboarding employees the right way.

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Aug 28, 2024

New-Collar Workers: A Trend That Embraces Diversity

"New-collar" workers are associated with industries where employees develop their technical and soft skills through nontraditional education paths — meaning a college degree may not be a hiring prerequisite. Read through to see how new-collar workers can help your company.

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Aug 27, 2024

Payroll: Deadlines Are Key

If you’re new to the world of business ownership, you might be surprised to hear that you should schedule pay dates an entire year in advance. Read through to learn how to set deadlines so that your payroll department is as prepared as possible.

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