Check back often as we add new tips for payroll, human resource management, and more.
What Is a Money Purchase Pension Plan?
A money purchase pension plan is an employee retirement benefit plan that requires companies to contribute a specific percentage of anRead More
IRS Adjusts HSA Limits for 2022
As it does each year, the IRS has announced changes for health savings accounts, which are associated with high-deductible health plans. The figuresRead More
Do You Need an Economic Injury Disaster Loan?
Even before the pandemic, the Small Business Administration offered Economic Injury Disaster Loans for “losses not covered by insurance orRead More
How Do Holidays Affect FMLA Leave?
The Family and Medical Leave Act (FMLA) dictates that employers with 50 or more employees must give eligible employees up to 12 weeks of unpaid,Read More
A Checklist for Navigating Open Enrollment
Before Open Enrollment – Reflect on the previous open enrollment period. Note the successes and failures and formulate a strategy for avoidingRead More
When You Have an HR Department of One
At a minimum, the human resources department handles: Recruiting. Hiring. Compensation. Employee benefits. Training and development. EmployeeRead More
How Much FMLA Leave Should Part-Time Employees Receive?
To take leave under the Family and Medical Leave Act, an employee must: Work for an employer that has least 50 employees for 20 or more workweeks inRead More
Employers Get Tax Breaks for Vaccination Leave
Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse them for the cost of providing paidRead More
Repaying Deferred Payroll Taxes
IRS Notice 2020-65 allowed employers to defer withholding and payment of the employee’s Social Security taxes. This deferral applied to those withRead More
Rethinking Your Employee Benefits Strategy
In the past, as long as you provided health insurance and retirement benefits, your benefits were considered competitive. Now, the pressure is onRead More
Hiring in a New Era
As you create your company’s hiring plan for a post-pandemic world, you need to adapt to a new reality. To begin with, you will need toRead More
7 Key Aspects of Payroll Compliance
1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage and hour standards, which are administered by the U.S. DepartmentRead More
Employment Records Retention: What Are the Federal Laws?
Preview in new tab How long do you have to keep records? There’s no one answer. However, we’ve summarized some of the most common federalRead More
What Will Retaining Talent Look Like in the Post-Pandemic Workplace?
Who could have predicted the disruption and change 2020 brought to the way we work? Now that we are starting to look ahead, past the loss and theRead More
Common Overtime Mistakes To Avoid
There are many ways to run afoul of overtime laws. Below are some of the most common — review them to ensure that you’re always inRead More
Can Employers Mandate Vaccinations?
Can an employer require its employees to get vaccinated against COVID-19? It’s a simple question, but one that does not have an easy answer. InRead More
An Overview of Federal and State Overtime Exemption Laws
On Sept. 24, 2019, the U.S. Department of Labor issued a final rule increasing the salary threshold for executive, administrative and professionalRead More
Are Your Employees Cross-Trained?
When employees quit or miss work for some reason, when layoffs become necessary, or even when it’s just a matter of busy season, cross-trainedRead More
What Are Predictive Scheduling Laws?
At times, you may want to suddenly change an hourly employee’s work schedule to better suit your business needs. However, several jurisdictionsRead More
Employee Retention Tax Credit Gets a Boost
The second relief bill, passed at the end of 2020, contains updates to the employee retention credit, a refundable payroll tax credit. Each optionRead More
IRS Updates Form 941 To Reflect COVID-19 Tax Credits
The IRS has revised Form 941, Employer’s Quarterly Federal Tax Return, to accommodate COVID-19-related employment tax credits granted under theRead More
What the Taxpayer First Act Means for Employers
According to the IRS’ website, the Taxpayer First Act of 2019 “aims to broadly redesign” the IRS by expanding and strengtheningRead More