Blog Category

Payroll

February 8, 2017

W-2 Email Scam Continues to Affect Businesses

Businesses’ HR and payroll departments are the targets of a W-2 email scam, according to the Internal Revenue Service (IRS).    The IRS reissued a warning about a W-2 email scam that is targeting payroll and human resources (HR) departments. It’s critical that payroll and HR officials double-check all unusual and executive-level requests for lists […]

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January 19, 2017

New Worker: Employee or Independent Contractor?

As businesses grow, staffing needs increase. Should an organization hire an employee or independent contractor? To answer this question on small business compliance, we’ve created a three-part blog series on classifying employees. First, we’ll look at how to apply the common law test to avoid negative tax consequences.   There are important distinctions between an […]

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January 13, 2017

Dormant Taxes From 2016: They’re Back…

Much like a villain in a slasher movie, some taxes just won’t die. It’s when you think you’re safe, when you’ve forgotten about them, that they pop up again. So, don’t be surprised when you see dormant taxes appear on your first paychecks of 2017. Social Security If you made over $118,500, your last checks […]

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Minimum Wage Increases

January 6, 2017

Minimum Wage Increases for 4.4 Million Workers in 2017

As we entered 2017, some 4.4 million workers across the country were celebrating pay increases in addition to a new year, according to the Economic Policy Institute. The celebrations come as a result of minimum wage increases that went into effect on January 1st in 19 states, including California, Washington, and New York. There were also […]

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December 20, 2016

Why You Should Consider Offering a 401(k) Plan in 2017

If you’re like most, the final days of December have us thinking of all things 2017 and how we can make personal improvements in the new year. In addition to goal setting around ever-popular wellness, financial health often tops many resolution lists. After spending more than we traditionally do on gifts, outings and events, January […]

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December 20, 2016

How to Set Up an Equity & Stock Option Plan in 2017

This is a guest post by James Seely of eShares. As the end of 2016 quickly approaches, 2017 sits on the horizon, offering the new year as a blank canvas to set up new programs for your employees. When growing your business, offering a financial perk like stock options or equity demonstrates to your team that […]

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