In 2018, California came up with the ABC test to determine whether an employer could classify a worker as an independent contractor. And in September 2019, the court approved the new California AB 5 (Assembly Bill No. 5) to push the ABC test’s effects into motion.
Read More What California AB 5 Means for the Gig Economy and Beyond
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.
3 Reasons for Changing Payroll Systems, According to Our Case Study
If you offer payroll services and want to make your job a little easier, you might partner with a payroll software provider. But when your current partnership just isn’t cutting it, is it time to cut them loose?
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Do Employers Have to Offer Health Insurance?
You probably know that offering employee benefits helps you hire and retain top talent. But did you know that 88% of employees consider health insurance benefits when choosing a job?
Read More Do Employers Have to Offer Health Insurance?
Commission Employees and Overtime Rules
To protect employee rights, the Fair Labor Standards Act (FLSA) regulates overtime. But, some employees are exempt from receiving overtime pay. If you offer commission pay to employees, you might be wondering if they are exempt from overtime. What are your responsibilities when it comes to commission employees and overtime?
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Outstanding Checks in Payroll: How to Handle
Writing employees checks is one way you can pay them their wages. But if an employee takes too long to deposit their paycheck, you have to deal with the consequences. There are a few things you might have to do when paychecks are outstanding checks.
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What Is Form SS-4? Applying for an EIN for Your Business
Some businesses are required to have a Federal Employer Identification Number (FEIN). FEINs, or EINs, are used by employers and other businesses for tax filing and reporting purposes. FEINs work similarly to Social Security numbers. When you include your business’s unique nine-digit number on documents, the IRS can easily identify your company. One way to […]
Read More What Is Form SS-4? Applying for an EIN for Your Business
What You Need to Know About Mandatory Employer Registration
Bringing on employees doesn’t make you an official employer. You must sign up for accounts with the IRS and your state to legally become an employer. Otherwise, you will violate employment laws, leading to hefty penalties. Make sure you know your employer registration requirements before hiring employees.
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What You Need to Know About a Qualifying Life Event
Employees have a window of time each year to sign up for certain types of employer-sponsored insurance. Although this open enrollment period takes place at the end of each year for all employees, an employee can add or remove coverage at any time of the year if they have a qualifying life event.
Read More What You Need to Know About a Qualifying Life Event
The Working Condition Fringe Benefit Is Tax-free. Who Knew?
For many employers, nothing’s more confusing than employee benefits and payroll taxes. Are there any fringe benefits that are exempt from all payroll taxes? Yes, there are, and the working condition fringe benefit (spoiler!) is one of them.
Read More The Working Condition Fringe Benefit Is Tax-free. Who Knew?
The Ultimate Guide to Agricultural Accounting: Mastering Your Farm’s Finances
Like any business, you need up-to-date accounting records if you run a farm, ranch, or related operation. But, some aspects of agricultural accounting, like livestock and land, are specific to farming businesses.
Read More The Ultimate Guide to Agricultural Accounting: Mastering Your Farm’s Finances