by Candy | Dec 8, 2015 | Business, Featured, News, Payroll
Under the Affordable Care Act (ACA) some employers, depending on the size of their workforce, are subject to the employer shared responsibility provisions. Many employers are below the workforce size boundary and are not affected by the employer shared responsibility...
by Candy | Nov 27, 2015 | Business, Payroll
Employers are facing increased costs in 2015 relating to the health insurance coverage provided to employees, but some small business owners may benefit from a special tax break. As the cost of health insurance continues to rise, it outpaces inflation each year. Not...
by Candy | Oct 20, 2015 | Business, Payroll
Incorrect payments of unemployment insurance (UI) benefits can be costly for your business. Overpayment of benefits can be charged to your account and alter your UI reserve, requiring a larger tax rate in a subsequent year. However, you can avoid this by paying...
by Candy | Oct 13, 2015 | Business, Payroll
In 1938 the Fair Labor Standards Act was created to mandate the federal minimum wage, regulate child labor, and determine exempt and nonexempt rules for overtime pay. At the date of mandate, overtime was paid if a non-exempt employee worked over 60 hours. Today, a...
by Candy | Oct 6, 2015 | Business, Featured, Payroll
Do you employ veterans? Are you wondering if you must include them in the applicable large employers (ALE) calculation for health care coverage? My insurance company, ISU Olson Duncan Insurance, sent a bulletin to me that I thought had information that may be...
by Candy | Oct 2, 2015 | Bookkeeping, Business, Payroll
As a bookkeeper, I always recommend to my clients that they meet with their tax planner at least one time a year, and better yet two. I usually suggest once around mid-year, and once in the last quarter. The purpose is to review the business and personal information...
