As a small business owner, you might not want to hire full-time employees for every position. You may decide to hire a part-time employee instead. What is a part-time employee?
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As a small business owner, you might not want to hire full-time employees for every position. You may decide to hire a part-time employee instead. What is a part-time employee?
Read More What Is a Part-time Employee?
The Metropolitan Commuter Transportation Mobility Tax (MCTMT) was enacted in 2009 to provide funds for transportation, taxing income earned from wages and self-employment in 12 downstate counties in the state of New York.
Read More What Is the MCTMT Tax?
The term “regular hours” can mean several different things, but most often refers to the usual hours that employers expect their employees to work. When an employer runs payroll, they usually must select from several different hours types: regular hours, overtime hours, holiday hours, etc.
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When it comes to running payroll, there are a lot of terms you need to be familiar with. One that you need to know like the back of your hand is gross wages. But, what are gross wages? And, how do you calculate them for your employees’ checks? We’ve got the answers to these questions […]
Read More What Are Gross Wages, and How Do You Calculate Them?
Each time you hire a new employee, you are responsible for verifying they are eligible to work in the United States. To do this, use Form I-9, Employment Eligibility Verification, when onboarding new hires. All U.S. employers are required to use the I-9. Failing to do so can result in penalties. Learn how to fill […]
Read More How to Fill Out Form I-9 When You Hire a New Employee
When you become an employer, you can’t always play by your own rules. There are certain federal, as well as state and local, standards you must follow. The FLSA is one set of federal regulations you need to know about and comply with. What is the FLSA?
Read More What Is the Fair Labor Standards Act (FLSA)?
Flexibility to balance work and life is a very important aspect of job satisfaction to 53% of employees. What are you doing to help employees improve their work-life balance?
Read More The Basics of Flexible Work Arrangements
Are all of your employees eligible to receive overtime pay? Some employees are exempt from overtime pay and minimum wage laws. Exempt employee qualifications are determined by the Fair Labor Standards Act (FLSA). To run payroll correctly, you need to be familiar with exempt employees. What is an exempt employee?
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When you have employees, you are responsible for paying them but not before taking out some money for payroll taxes. The IRS, Social Security Administration (SSA), and state and locality (if applicable) all require payroll tax withholding.
Read More The Basics of Payroll Tax Withholding
If you want to buy a car or house, open a bank account, or get a job, you need a Social Security number. An Employer Identification Number (EIN) is like that, but for your business. Many businesses need an EIN to operate. And if your business is one of them, you must know how to […]
Read More Your Step-by-step Guide on How to Apply for EIN, aka Employer Identification Number