You ran payroll … and realized you made a mistake. Great. If you catch the mistake quickly enough, you may be able to void or cancel payroll. But, there are several factors at play.
Read More Can You Cancel Payroll After You’ve Run It?
You ran payroll … and realized you made a mistake. Great. If you catch the mistake quickly enough, you may be able to void or cancel payroll. But, there are several factors at play.
Read More Can You Cancel Payroll After You’ve Run It?
If you have nonexempt employees, you have to pay them overtime, or time and a half, for any hours worked over 40 during the workweek. Learn all about time and a half, who qualifies for overtime, and how to calculate time and a half when running payroll.
Read More What Is Time and a Half Pay, and Who Qualifies for It?
When it comes to business, things don’t always go according to plan. At some point, you may find your company struggling to stay afloat financially. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough?
Read More What Is a Furlough?
Paid time off (PTO) is a benefit employers often offer to their employees. Offering PTO is not federally mandated in the Fair Labor Standards Act (FLSA), but there are some state-mandated paid sick leave laws. Many companies simply give employees a few PTO days per year, but employers also have the option to offer unlimited […]
Read More Is Unlimited Paid Time Off Right for Your Business?
Do employers have to offer health insurance? Sometimes. And if you are required to offer health insurance, you need to send a 1095-C form to all full-time employees.
Read More 1095-C Form Obligations: Do Employers Have to File Form 1095-C?
What happens when your employee gets sick? If you’re a New Mexico employer, you need to know about the Healthy Workplaces Act. Saddle up to make sure you are in compliance with this New Mexico sick leave law.
Read More New Mexico Sick Leave Law: Know About the Healthy Workplaces Act
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.
Read More How to Calculate Local Income Tax: Guide for Employers
Do you own an S corporation and offer health insurance to employees? If so, handling health insurance may get confusing if you have a 2% shareholder-employee. Learn how 2% shareholder health insurance works for S corporations.
Read More What Is 2% Shareholder Health Insurance?
When it comes to running a business, you’re constantly looking for new ways to boost employee morale and increase employee retention. One solution? Letting employees donate PTO by creating a leave donation program. But, what is leave donation, exactly? And, how does it work when it comes to taxes?
Read More Can Employees Donate PTO? How to Create a Leave Donation Program
Several states require that employers give tax notices to employees regarding their possible eligibility for the Earned Income Tax Credit (EITC, or EIC). The tax notice is typically IRS Notice 797, although you can give alternative notifications.
Read More Which States Require an EITC Notice (IRS Notice 797) for Employees?