Do you know how often you need to deposit federal income, Social Security, and Medicare taxes? You can’t deposit the taxes whenever you feel like. Your deposit frequency is based on a lookback period. So, what is a lookback period?
Read More Lookback Period: What’s Your Deposit Schedule for 2026?
Here’s another tax to add to the payroll checklist: local income tax. Cities, counties, small areas, and localities across the country have a local income tax for individuals working or living in the area. But, what is local income tax? What are your responsibilities?
Read More What Is Local Income Tax?
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
Labor law posters are federal and state notices that tell employees about their legal employment rights. If you have even one employee, you must hang labor law posters. It is your responsibility to hang the correct posters and keep them up to date as statutes change.
Read More Federal and State Labor Law Posting Requirements
When an employee is called to serve on a jury, it can be a strain on your business. You might need to adjust schedules to fill the employee’s absence. Product creation or services might be disrupted. When your employee is fulfilling their civic duty, your business doesn’t stop. But, when an employee is on jury […]
Read More Do Employers Have to Give Pay for Jury Duty Leave?
Flexible work arrangements are becoming more and more popular in the business world. One type of flexible option for employees is job sharing. So, what is job sharing?
Read More Can Job Sharing Benefit Your Small Business?
As a small business owner, you might be confused by all the different small business retirement plan options out there. One retirement option you can offer is an individual retirement arrangement, or account (IRA). There are several types of IRA accounts you could consider.
Read More Types of IRA Accounts You Might Be Considering
When it comes to your business, one of your goals is likely to attract and retain top talent. One way you can do this is by looking at your internal equity. But, what is internal equity? And, what does it have to do with equal pay?
Read More For Fair and Equal Pay, Get to Know Your Business’s Internal Equity
For identification and tax reporting purposes, both employers and workers need Taxpayer Identification Numbers (TINs). These numbers let the IRS identify you when you fulfill your reporting and filing requirements. One Taxpayer Identification Number you should know about is the ITIN. What is an ITIN?
Read More What Is an ITIN?
As an employer, there may be times you need to find a way to boost employee morale or productivity. One idea that may come to mind is incentive pay. But, what is incentive pay? And, what are the types of incentive pay you should know?
Read More Incentive Pay and the Types to Know