Topics: payroll tax filing, social security number, IRS, income tax reporting, cybersecurity, identity theft
The IRS recently indicated that it would begin assessing tax penalties under the Affordable Care Act’s (ACA) employer shared responsibility.
Topics: Affordable Care Act, HR compliance, aca, IRS, insurance, health insurance
The Internal Revenue Service announced its cost-of-living adjustments (COLAs) which affect dollar limitations for pension plans and other items for the 2018 tax year.
Among the key changes for tax year 2018 is the increase of the contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. The limit has been raised from $18,000 to $18,500 for 2018.
Topics: payroll management, IRS, payroll compliance, 401k, pension plans, COLA
Determining the employment status of workers can be a process fraught with with risk. Being clear on a worker's status is a matter of being up to date on the law.
There is still some confusion on the part of employers and managers regarding the "rules" for classifying workers as either an independent contractor vs employee. Much of this has stemmed from government agency's shifting interpretation of the existing guidelines.
Topics: independent contractors, HR compliance, employee classification, IRS, DOL, dol fsla
Every business with employees has to manage payroll. But every business payroll is a bit different. Especially those for restaurants.
Payroll for the restaurant industry can be somewhat more complicated than other industries. Although there are some options in how you manage payroll for your restaurant employees, outsourcing to a payroll service can provide a number of advantages.
Topics: payroll management, meal and rest breaks, IRS, payroll compliance, tip reporting, payroll outsourcing