Are you a California employer that does not have an employee retirement plan in place? If so, tune in as this information is important for you. The state of California requires that all employers allow their employees to save for retirement. And if a plan is not in place through the company, the employer must enroll in the CalSavers program. This is a retirement savings program that will allow private sector employees to save for their retirement at no cost to the employer. If you have 100 or more employees, the due date to enroll is September 30th, 2020, extended from the original June 30th, 2020 deadline. If you have 50 or more employees, your deadline is June 30th, 2021. And if you have five or more, than you have until June 30th, 2022, if you have more questions regarding this program, you can find information on the California treasurer’s website at www.treasurer.ca.gov. Hope you found this information helpful so you can remain in compliance and avoid any penalties that may occur.
“It’s Affordable Bookkeeping’s customer service and accessibility that really stand out. It’s not just that I am saving money, but that whenever I call your company, I get someone on the phone who cares about my question and knows who I am. There is a sense of immediacy and care that I really appreciate in the employees at Affordable Bookkeeping.”
"I can't say enough about the amazing team at Affordable Bookkeeping. They are a critical part of my team and I don't know what I would do without them! They are professional, efficient, reliable, caring and a true pleasure to work with. The work they do is impeccable. I would not hesitate to recommend them to other businesses."
– Andree James, Speech 4 Kids
"I was very hesitant to let go of my bookkeeping and payroll duties but as my business grew I could see that I was spending a lot of time in this area. I also found out that I had made some mistakes, not understanding that as my business grew deadlines changed and responsibilities increased. AB&P staff is courteous and efficient. Any question or concern is handled most of the time on the same day, sometimes within minutes. I am so happy I have AB&P to handle my bookkeeping, payroll and sales taxes needs."
- Sandra Villareal, Service Master Janitorial by SGV.