When it comes to health coverage, there are a lot of options out there. FSAs and HSAs are healthcare plans that cover medically-related expenses not included under a traditional health plan. Do you know the difference between HSA vs. FSA?Read More HSA vs. FSA: What’s the Difference? (+ Quick Reference Chart)
Attention Washington Employers: Here’s the Scoop on the New Seattle JumpStart Tax
If you’re an employer in Washington state, it’s time to listen up. There’s a new tax in town: the Seattle JumpStart tax. So Seattle employers, read up on the new payroll expense tax and what it means for you and your business.
- PPP Loan Forgiveness: How to Get Your PPP Loan Forgiven
- Updates to the Income Tax Withholding Tables and What You Need to Know
- What Is Time and a Half, and Who Qualifies for It?
- Don’t Forget to Collect State W-4 Forms from New Hires
- PTO Payout Laws by State: Is Your Use-it-or-lose-it Policy Breaking the Rules?
Stay up to date on the latest payroll tips and training
As an employer, you can offer small business retirement options, like 401(k) plans, to your employees. But when it comes to 401(k) options, it isn’t just a one and done type of deal. There are a few different types of 401(k) plans to choose from.Read More What Are the Different Types of 401(k) Plans to Choose from?
Running payroll means staying on top of your employment tax responsibilities. In addition to withholding income and payroll taxes from employee wages, you must contribute employer taxes. Unlike some other taxes, state unemployment taxes do not have a standard rate. Read on to answer, What is my state unemployment tax rate?Read More What Is My State Unemployment Tax Rate?
There are a number of options when it comes to paying workers. Have you considered using direct deposit to pay your employees? A lot of other employers have. In fact, nearly 94% of employees receive their paycheck via direct deposit.Read More What Are the Benefits of Direct Deposit?
In 2020, eligible employees in every state could receive paid family leave … temporarily, under the Families First Coronavirus Response Act. But outside of this expired emergency legislation, there are only a handful of states that require paid family leave.Read More States With Paid Family Leave (+ Map & Chart)
In 2020, the IRS released the long-awaited new W-4 form, shaking up how employers handle income tax withholding. Because the IRS only made the new form mandatory for new hires and employees making Form W-4 changes, some employers might be unfamiliar with it.Read More New W-4 Form: Withholding Allowances Still Out, Plus New Computational Bridge
Like past years, the IRS released changes to the income tax withholding tables for 2021. Use these updated tables to calculate federal income tax on employee wages in 2021. In addition to the annual tax rate and bracket changes, there is also a new, optional computational bridge.Read More Updates to the Income Tax Withholding Tables and What You Need to Know
Does your small business need financial assistance as a result of the coronavirus pandemic? If so, one of the biggest federal initiatives for small businesses is the Paycheck Protection Program.Read More Paycheck Protection Program: How to Apply for a Forgivable Loan During COVID-19
Between a worldwide pandemic and numerous COVID-19 relief laws to keep up with, 2020 was a whirlwind of a year. And, it looks like the start of 2021 is following in 2020’s footsteps.Read More Consolidated Appropriations Act: Hello, New COVID-19 Relief