News & Tips Archive

Jul 20, 2023

New Business? Start With Payroll

You started a business. Now you're ready to hire some employees. How do you set up payroll? There are essential steps you need to follow. Read through to manage the process, from acquainting yourself with tax and wage laws to covering payroll expenses.

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Jun 29, 2023

Are You Ready for the Pregnant Workers Fairness Act?

The PWFA is active as of June 27, and it changes — on a federal level — the way companies must deal with pregnant employees. Read through for the details to make sure you are in compliance with this important new law.

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Jun 28, 2023

How to Manage a Payroll Schedule

When it comes to paying employees, you don’t want to shortchange or pay them late. Payroll is one of the most expensive and important components of your business — you have to get it right. Read through to create a payroll schedule that gets it right from the start.

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Jun 27, 2023

How to Recognize a Scam

A recent report found there was more than $10 billion lost to online scams in 2022. Anyone can be vulnerable, and everyone should be aware of the red flags that should cause them concern. Read through to learn how to protect yourself.

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Jun 26, 2023

Independent Contractor: A New Definition?

How will a Department of Labor rule proposal affect your business? For many small businesses, independent contractor hires have significantly outpaced employee hires. Read through to consider whether your reliance on independent contractors will need to change.

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Jun 09, 2023

IRS Announces HSA Limits for 2024

The government has granted unusually high inflation adjustments for the coming year. Read through for the details so you can spend the next few months making long-term plans based on the new numbers.

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Jun 08, 2023

Cybersecurity Training for Your Remote Employees

Did you know that remote employees are especially vulnerable to cyber threats? Due to this fact, employers should take the time to train their remote team regarding cybersecurity risks. Doing so will help your remote workers stay as protected as those in the office. Read through for the key steps.

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Jun 07, 2023

Inherited IRA Rules Altered by the SECURE Act

A stretch individual retirement account strategy is used to help clients pass IRAs along to their desired heirs. However, the Setting Every Community Up for Retirement Enhancement Act of 2019 has since limited the tax-deferring powers of inherited IRAs significantly. Read through for suggestions when working with the lack of stretch IRAs and the new estate planning problem this change has caused.

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Jun 06, 2023

The IRS Is Pushing Its ID.me Accounts

To access the IRS going forward, taxpayers will need to create an ID.me account, a private security system that can be used for a variety of sites. Read through to learn more about the use of biometric verification to confirm your identity with the tax agency.

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Jun 05, 2023

Minimum Wage Changes — What's Happening and What's Coming

The federal minimum wage is not currently scheduled for change. However, at the beginning of the year, a total of 23 states had already increased the amount of their minimum wage, which has positively benefited upward of 8.4 million Americans across the country. Read through to discover which states and cities are planning to do the same in the months ahead.

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May 12, 2023

Form I-9 Flexibilities Ending

Check Documents by August 30

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Apr 21, 2023

Watch Out for Fake ERC Plans

The IRS warns about Employee Retention Credit claims in which aggressive promoters make offers that are too good to be true. Click through to be aware that much of this marketing exists solely to collect your personally identifiable information in exchange for false promises.

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Mar 10, 2023

EEOC Issues New Nondiscrimination Poster

Employers need to display a new poster, issued in October 2022, outlining workers' rights under antidiscrimination statutes. Read through to see what the poster explains to make sure you're following EEOC guidance.

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Mar 09, 2023

New Law Ushers in Major Retirement Changes

In the waning days of 2022, President Biden signed a bill that improves the retirement situation for a wide range of Americans. Read through for a first look at these changes, which affect almost every worker and the companies that employ them.

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Mar 08, 2023

Know Your Employee Injury Responsibilities

Depending on what kind of business you run, you may have to keep some detailed records for OSHA about employee injuries. Read through for an introduction to the requirements and OSHA's important Form 300A—whose deadline looms.

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Mar 07, 2023

Wage Transparency in Job Ads: A New Trend?

Employers have to abide by a variety of federal, state and local rules when hiring, and more rules may be coming; California and New York City are mandating additional job ad information. Read on to see what the future of job ads may involve.

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Mar 06, 2023

Supreme Court Rules HCEs May Be Eligible for Overtime

It seems contrary to long-standing policy and even common sense, but in a recent ruling, the Supreme Court decided that in certain situations, highly paid employees can earn overtime pay. Read on to see if you're affected.

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Feb 10, 2023

Cybersecurity and Remote Work: 6 Steps To Protect Your Business

In 2020, the FBI reported 1.4 million cybercrime complaints, mostly identity theft, up from 651,000 in 2019. The cost to victims is estimated at $5.9 billion. Here are six low-cost steps to take to protect your business.

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Feb 09, 2023

401(k) and IRA Limits Rise for 2023

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government's Thrift Savings Plan.

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Feb 08, 2023

A New Hire Checklist

Bringing new employees into your company should be about more than filling out Form W-4. It's about creating an atmosphere where they feel welcomed and integrated into the team.

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