Changing insurance plans can seem like a major hassle for your entire company, especially your employees. But, it doesn’t have to be. Maybe you want to switch plans because your current one is too costly. Or, maybe you have no choice but to switch. Whatever the case may be, changing health insurance plans can be painless if you take the right steps.
As an employer, you’re responsible for withholding certain taxes from employees’ wages. One of the taxes you may need to withhold is local income tax. Read on to get the scoop on this tax, and learn how to calculate local income tax.
Do your employees live in a different city than the one they work in? Does that city have local income tax? If so, you might consider implementing courtesy withholding to simplify your employee’s tax responsibilities. Continue reading “What Exactly Is Courtesy Withholding?”
When your business grows, you may need to hire additional employees. But, hiring more employees comes with additional responsibilities. Depending on the number of employees you have and some other factors, you may be responsible for filing an EEO-1 report. So … what is EEO-1, anyways?
Failing to pay eligible employees overtime is a wage violation that lands a number of employers in hot water each year. But if you thought federal overtime laws were the end of it, you’re in for a surprise. There are also overtime laws by state you may need to follow. Continue reading “Overtime Laws by State: The Quintessential Employer’s Guide”
Does your business have a contract with the government? If so, you may be responsible for following specific federal regulations, like reporting on your efforts to employ veterans. How much do you know about your VETS reporting responsibilities? Continue reading “Are You Keeping up With Your VETS Reporting Responsibilities?”
If you have employees who travel for work, you might offer them per diem pay to reimburse them for travel-related expenses. Per diem rates can vary based on the state and city your employee travels to. Read on to learn about different state per diem rates, including a state-by-state breakdown of each state’s average rates.
If you have a low- or moderate-income worker, they may be eligible for the earned income tax credit (EITC). Read on to learn all about the earned income credit, including who is eligible for it and how workers can claim the credit.
Do you have employees who live in a different state than where they work? Then you might be wondering where to send your state unemployment (SUTA) tax payments. The answer lies in the unemployment tax rules for multi-state employees. Continue reading “Where to Send SUTA Tax? Unemployment Tax Rules for Multi-state Employees”
If you have employees, you likely need to fill out and file Form 941 each quarter. Form 941 is jam-packed with different sections and calculations, which leaves room for errors. To avoid major mistakes, learn how to fill out Form 941 line by line.