Meeting deadlines is stressful when you’re running a business. Many small business owners are especially stressed when it comes to meeting IRS tax filing deadlines. Don’t you just wish you had a way to extend your filing due date? Cue Form 8809.
Read More Need a Filing Extension for W-2s, 1099s, and More? File Form 8809Rachel Blakely-Gray
How to Prorate Salary in 4 Steps
Hiring salaried employees can eliminate some of the guesswork out of wage calculations. Typically, an employee earning a salary receives the same amount each pay period. But, what happens when an employee takes an unpaid day of work? In these situations, you must know how to prorate salary.
Read More How to Prorate Salary in 4 StepsWhat Is Pay as You Go Workers’ Comp?
Having workers’ compensation insurance isn’t only a smart business move—in most cases, it’s a required one, too. But doling out lump sum payments for workers’ compensation premiums can take its toll on your business. Instead, opt for pay as you go workers’ comp.
Read More What Is Pay as You Go Workers’ Comp?What Is Open Enrollment?
If you offer employer-sponsored insurance to your employees, you should be familiar with some of the health coverage terminology used in the workplace. Open enrollment is one important term related to insurance benefits. What is open enrollment?
Read More What Is Open Enrollment?Short-term Disability vs. Long-term Disability
As an employer, you recognize that your employees contribute to smooth business operations. What happens if an employee gets injured or ill and can’t work for an extended period of time? You and your employees need to know about short-term vs. long-term disability insurance.
Read More Short-term Disability vs. Long-term Disability10 Types of Paid Time Off You Can Offer Employees
Over 70% of employees have access to paid days off from work for sick or vacation time. Although these are common paid time off programs, sick and vacation days aren’t the only time off work you can offer. Get the scoop on different types of paid time off below.
Read More 10 Types of Paid Time Off You Can Offer EmployeesRescue Your Business With a Payroll Audit
Running payroll accurately is arguably one of your most critical employer responsibilities. But even if you use a reliable payroll processing system, there’s room for user error. You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll. To combat these potential problems, conduct […]
Read More Rescue Your Business With a Payroll AuditCorrecting Employment Taxes: What to Do If You Withhold the Wrong Amount
It’s easy to make mistakes, especially when you have a million and one things on your plate. One error you could make is deducting the wrong amount from employee wages. Correcting employment taxes is necessary if you withhold too much or too little from your employees’ paychecks.
Read More Correcting Employment Taxes: What to Do If You Withhold the Wrong AmountIs Paying Employees Cash Under the Table Legal?
Some businesses prefer paying employees cash instead of other payment methods, like direct deposit or check. If you choose to pay cash wages, you are still responsible for depositing and reporting employment taxes.
Read More Is Paying Employees Cash Under the Table Legal?How to Handle the Death of an Employee in Your Small Business
An employee’s death can be sudden and unexpected. But, you can’t be caught unaware by your employer responsibilities for handling the death of an employee.
Read More How to Handle the Death of an Employee in Your Small Business