Employers have a lot of regulations and laws to follow and they vary by state and often by municipality. Stay up to date with solid news and insights from experts with decades of experience in human resources compliance.
The top payroll mistakes small businesses make are misclassifying their workers, overlooking tax deadlines, and neglecting proper record keeping. Small business owners often trip over problems with wage miscalculations, improper overtime pay, and late payroll tax filings. These can result in fines, tax audits, and loss of employee faith. This is why we see more […]
Payroll fraud and scams is estimated to cost small employers in the U.S. $7,000,000,000! Key Takeaways on Payroll Security Internal manipulation, identity deception, external infiltration, classification errors, and data diversion are different forms in which payroll scams can happen. Each poses specific threats that demand targeted safeguards. Simple regular audits, strong internal controls, and clear […]
As employers, you’re required to withhold federal income tax, Social Security and Medicare taxes from worker paychecks. Depending on the worker’s location, state income tax may come into play. Certain localities require local taxes as well. Guidelines for these payroll taxes are defined by federal and state legislation. We’ll help you understand what taxes to […]
Unraveling the Concept of Employer’s Agents In the intricate landscape of employment law, a critical question surfaces: Can an owner face legal repercussions for the actions of a manager? This article delves into the concept of “employer’s agents” and explores the legal nuances surrounding managers’ actions, providing valuable insights for business owners seeking clarity on […]
NJ Unemployment Reporting Just Got Harder. Outsource Unemployment Reporting Now! New Jersey employers need to start preparing now for significant new unemployment insurance reporting rules that went into effect last month. Recent changes to the state’s Unemployment Compensation Law will require electronic submission of all communications with the New Jersey Department of Labor and Workforce […]