Finding a job can be a challenge and for certain groups, it can be even harder. The Work Opportunity Tax Credit is a federal tax credit available to employers for hiring individual from certain groups who consistently face significant barriers to employment. The Work Opportunity Tax Credit is available until Dec 31,2025, for employers that [...]
Changes are underway regarding how the U.S. Department of Labor (DOL) determines whether a worker is an employee or an independent contractor under the Fair Labor Standards Act (FLSA). The DOL is expected drop the 2024 Rule and reinstate the broader “economic reality” test.Here are frequently asked questions about Employee vs. Independent Contractor classification as [...]
Have you been wondering how payroll is going to handle the new tax law changes regarding no tax on tips and overtime? These changes will not be implemented through payroll. Instead, employees will enter these deductions when they file their tax return. No tax on tips. Employees and self-employed individuals may deduct qualified tips received [...]
Has it been a while since your employees filled out a W4 form? Are their withholding deductions too high or too low? If your answer to either question is "yes," then we recommend having them fill out the newest W4 form. New hires should be filling out a W4 form and not just entering "0" or "1" automatically. [...]
We have been seeing an increase in payrolls returned (bounced) due to NSF (insufficient funds). You can avoid the inconvenience and fees associated with a bounced payroll. How you can avoid having your payroll bounce Make sure you have sufficient funds to cover your payroll, taxes, and our invoice. The funds must be in your account [...]
Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation. Either way, if they are paid through payment apps for goods and services during the year, they may receive an IRS Form [...]
Vermont Vermont Pay Transparency: Effective July 2025 Employers with 5 or more employees must include rate or pay range information, including if pay is based on commissions, on job postings. Massachusetts Massachusetts Pay Transparency: Effective Oct 29, 2025 Employers with 25+ employees must disclose pay ranges in job postings, and when offering positions to current [...]
Payroll fraud is one of the most common types of employee theft, costing businesses billions annually. From ghost employees to inflated hours, the schemes vary—but the impact can be severe. Fortunately, with a few strategic practices, businesses can significantly reduce their risk. 1. Separate Payroll DutiesOne of the most effective deterrents is segregation of duties. [...]
Let’s be real: if you run a small business, your to-do list is already packed. Between keeping customers happy, managing inventory, marketing your brand, and, oh yeah—trying to have a life—you don’t need one more thing draining your time. Enter: payroll Payroll is one of those tasks that seems simple until you’re knee-deep in tax [...]
Termination guidance for employers Federal and state agencies have laws about how and when employees can be fired. Follow these policies and your company guidelines to avoid wrongful termination claims. At will employment All states, except Montana, allow "at will" employment. This means that an employer or employee can end the employment at any time, [...]
