Understand the new Alabama overtime tax law that exempts employees’ overtime earnings from state income tax. Get the details and reporting requirements for businesses.
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Payroll Tips, Training, and News
ERC Voluntary Disclosure Program Reopened, Giving Discounts on Questionable Claims
August 29, 2024The employee retention credit (ERC) was a lifeline for small businesses struggling to stay open during the pandemic. But bad actors quickly pounced on the opportunity. “ERC mills” began aggressive marketing campaigns advising employers to apply (even if they didn’t qualify) and collecting hefty upfront fees.
Read More ERC Voluntary Disclosure Program Reopened, Giving Discounts on Questionable Claims
How to Build an Employee Benefits Package
August 19, 2024Don’t let your #1 candidate pick or top-tier employee be the one who got away. Whether it’s an employer’s or employee’s market, the job market for top talent is competitive. You need a robust employee benefits package to attract and retain talent.
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Sign-on Bonus: Everything You Need to Know Before Offering One
August 15, 2024You’re struggling to find good, quality candidates to fill an open position. Or, you’ve found the perfect candidate and want to sweeten the job offer. What do you do? In either case, you may consider offering a sign-on bonus.
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Should You Use an Employee Handbook Builder?
August 13, 2024Is creating, updating, and keeping a compliant company handbook stressful? Drafting a federal- and state-compliant handbook is daunting for many business owners and HR professionals. It can take weeks of research, writing, formatting, and editing. But it doesn’t have to. An employee handbook builder can streamline the process.
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How to Track Employee Hours Without Going Crazy
July 25, 2024Tracking your employees’ time worked ensures you pay them accurately and comply with labor laws. Although you can use whatever method you want, you need a dependable and organized system, especially as your business grows. Learn how to track employee hours with time and attendance software and other alternatives.
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How to Reduce Your Business’s Payroll Costs: Strategies for Budgeters
July 12, 2024For many businesses, payroll is the largest expense. The cost of an employee can be 32% more than their wages. Plus, you have to pay for the cost of running payroll. But savvy business owners know there are ways to cut back on expenses, including payroll costs.
Read More How to Reduce Your Business’s Payroll Costs: Strategies for Budgeters
How to Employ Your Child: 10 Tips for Keepin’ It in the Family
July 5, 2024Do you daydream about working with family members? You may consider hiring your child if you’re a small business owner. That way, you can show them the ins and outs of your business and the importance of hard work. At the same time, you gain an extra set of hands to get tasks done (win-win-win!).
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Minnesota Paid Sick Leave: Guide for Small Business Owners
July 3, 2024Employers with employees working in Minnesota are responsible for offering paid sick leave. How much do you know about the Minnesota paid sick leave law, known as Earned Sick and Safe Time?
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OASDI Tax: Old-Age, Survivors, and Disability Insurance (OASDI) Tax Deductions
June 18, 2024Tax withholding is an essential piece of the payroll puzzle. One of the taxes you must withhold from employee wages is the Old-Age, Survivors, and Disability Insurance (OASDI) tax. You must also contribute an employer portion of the OASDI tax. OASDI tax is more commonly referred to as Social Security tax.
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