Are you thinking about offering retirement plans at your small business? There are a lot of retirement options to choose from. Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans.
Read More Roth 401(k) vs. Roth IRA: What Is the Difference in 2026?
Author:
Rachel Blakely-Gray
As Patriot's Content Manager, Rachel creates engaging and informative content aimed to help business owners understand complex accounting and payroll topics.
Form W-2 Box 1: Why Are Box 1 Earnings Less than Boxes 3 and 5?
You’ve finished distributing Forms W-2. Just when you think you’re done, an employee comes up to you, hands you their form, and asks, Why are my W-2 Box 1 earnings less than my Box 3 and Box 5 earnings?
Read More Form W-2 Box 1: Why Are Box 1 Earnings Less than Boxes 3 and 5?
What Is the Bonus Tax Rate?
Picture your star employees and how much value they add to your business. Many employers recognize their employees’ value with bonus pay. When you give an employee a bonus, you are required to withhold taxes on the additional money. To figure out how much to withhold, you need to understand the bonus tax rate.
Read More What Is the Bonus Tax Rate?
How to Fill Out Form W-2: Box-by-box Breakdown
Once you send Forms W-2 to your employees, you don’t have to worry about the annual form until next year. Or, do you? If you don’t know how to fill out Form W-2, you may run into problems.
Read More How to Fill Out Form W-2: Box-by-box Breakdown
Which Taxes Have a Wage Base?
If you’re an employer, you likely know that withholding, contributing, and remitting employment taxes is essential to running legal and accurate payrolls. Before calculating how much to withhold and contribute, you need to know about the tax wage base.
Read More Which Taxes Have a Wage Base?
What Are Excepted Benefits, and Should You Offer Them to Employees?
Navigating through the waters of health insurance coverage is tricky. You might be wondering, Do employers have to offer health insurance? Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to provide health insurance, no employer has to offer excepted benefits.
Read More What Are Excepted Benefits, and Should You Offer Them to Employees?
QSEHRA Plan: Health Insurance Alternative for Qualifying Small Employers
Do employers have to offer health insurance? Under the Affordable Care Act, you must provide health insurance if you have 50 or more full-time equivalent employees. If this requirement doesn’t apply to you, you might decide to establish a QSEHRA plan.
Read More QSEHRA Plan: Health Insurance Alternative for Qualifying Small Employers
Can Employers Reimburse Employees for Health Insurance? Answers and Plan Options
Let’s face it: Health insurance is expensive. The average employer health insurance premium contribution per employee is nearly $7,584 (single) and nearly $19,276 (family) annually.
Read More Can Employers Reimburse Employees for Health Insurance? Answers and Plan Options
Small Business Health Insurance Options: Which (If Any) Will You Pick?
Do you know how to choose health insurance plans for your business? Sure, you could offer traditional group health insurance to your employees, but that’s not your only choice. There are several small business health insurance options you can choose from.
Read More Small Business Health Insurance Options: Which (If Any) Will You Pick?
Commuter Benefits 2026: Transport Your Employees to Better Tax Savings
Most employees expect certain workplace benefits, such as health insurance or retirement plans. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent.
Read More Commuter Benefits 2026: Transport Your Employees to Better Tax Savings