As an employer, you’re in charge of paying your employees … and handling those pesky employment taxes. One of the taxes you need to calculate and withhold is a payroll tax known as FICA. What is FICA tax? What is FICA tax? FICA is a mandatory payroll tax equally split…Read More

Does your business offer sick time to employees? One study showed that having a paid sick time policy can help reduce turnover by 50%. If you want to attract and retain top talent, boost productivity, and reduce the spread of sickness in your workplace, consider drafting a sick time policy…Read More

If you want to buy a car or house, open a bank account, or get a job, you need a Social Security number. An Employer Identification Number (EIN) is like that—but for your business. Many businesses need an EIN to operate. And if your business is one of them, you…Read More

As a small business owner, you may offer types of paid or unpaid time off to employees. But when election day rolls around, do you give employees time off to vote? Read on to learn about offering time off to vote, voting leave laws by state, and whether you can…Read More

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. Form 941 recap Form 941, Employer’s…Read More

Depending on your state, you may have to provide paid sick leave to your employees. As an employer, you should know the paid sick leave laws by state to ensure you remain compliant. One state that recently joined the bunch is New York. If you’re an NY employer, giddy-up and…Read More

Whether your employees work at an office, laboratory, warehouse, or worksite, the workplace can be dangerous. And as an employer, you’re responsible for protecting your employees from hazards in the workplace. One way to minimize employee exposure to workplace hazards is through personal protective equipment (PPE). So, how much do…Read More

Typically, employers get to choose whether they want to offer types of paid time off, like sick leave, to employees. But depending on your business location, you might not have a choice. Little by little, paid sick leave laws by state are on the rise. If your employees work in…Read More

Businesses, insurance companies, and the government all use waiting periods. If you provide company-sponsored benefits to employees, you might decide to set a waiting period. So, what is it? Read on to learn what is an employee waiting period, rules for setting the time frame, and how to implement one…Read More

Between 50% – 78% of workers live paycheck to paycheck. These employees (and likely all employees) count on receiving their wages on their scheduled pay date. But, bank holidays might pose a slight hiccup. What happens if payday falls on a bank holiday? What happens if payday falls on a…Read More

When you have employees, you are responsible for paying them—but not before taking out some money for payroll taxes. The IRS, Social Security Administration (SSA), and state and locality (if applicable) all require payroll tax withholding. So, what is payroll tax withholding? What do you need to do to stay…Read More

If the complex PPP loan forgiveness process has been weighing over your head, here’s some good news: you don’t have to apply right away. In fact, a lot of small businesses aren’t. The Small Business Administration and Treasury continue releasing guidelines. And, there’s plenty of time for Congress to release…Read More

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 it. What is time and a half pay? Again, when…Read More

Do you have a temporary or permanently remote workforce? If so, you may consider offering work-from-home reimbursement to help workers cover remote-related expenses. And depending on your state, you might not have a choice.  Read on to learn what a work-from-home reimbursement covers, tax details, and state guidelines. And, find…Read More

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? What is job sharing? Job sharing is when two people work part-time schedules to complete the work one person would do in…Read More

Letting employees go is never easy. But if you’re dealing with staggering profits, unproductive workers, or the effects of COVID-19, you might not have a choice. When your employees become unemployed, they may be eligible for unemployment benefits. But, how does unemployment work for employers? What are your responsibilities? How…Read More

As workplaces evolve, work arrangements are changing, too. Employees across the country are saying goodbye to the standard 9 to 5 shift and hello to remote work and flexible schedules. One work arrangement that’s making its way into workplaces is flex time. To help decrease absenteeism and better fit your…Read More

Like most employers, you probably had a lot of questions when you first heard about the executive order payroll tax deferral. But thanks to the IRS’s recently released guidance on the employee Social Security tax deferral, we have some answers. If you haven’t heard the latest buzz on the employee…Read More

Thanks to COVID-19, remote work is gaining popularity across the globe. And if remote work is a whole new ballgame for your business, you may be wondering what you need to do differently to pay your workers who telecommute. Read on to learn what aspects you need to keep in…Read More

There are a number of paid sick leave laws by state. To stay compliant, some employers have turned to third parties to handle sick pay. Do your employees receive third-party sick pay? If you offer employees sick pay through a third party, you may have some questions. Is the pay…Read More