Myth About Payroll Taxes: Transforming Employees Into Independent Contractors To Save On Payroll Taxes Is Easy
Posted on September 21, 2022
You probably know that it costs less to use an independent contractor than to have an employee on staff. The reason: the cost of payroll taxes, along with insurance and benefits, apply only to employees. But don’t think you can simply reclassify a worker who’s been your employee as an independent contractor. The IRS, as well as other government agencies, are on the lookout for just such action.
Category: News and Announcements
Payroll And The Gig Economy In 2022
Posted on August 17, 2022
The gig economy differs from the world of traditional full-time jobs that consist of the basic 9 to 5 schedule to employees who prefer temporary and flexible jobs. Gig workers are individuals who pursue these types of jobs, often applying for a temporary independent contractor or freelance position. Many of these employees prefer to work on their own flexible schedules in various environments.
Category: News and Announcements
What You Need To Know About Family Medical Leave In 2022
Posted on August 17, 2022
Family medical leave became law in 1993 when the federal Family Medical Leave Act (FMLA) was passed. It provided 12 weeks of unpaid, job-protected leave to care for newborns or seriously ill family members for employees who have worked at least a year for an employer with 50 or more employees. Since then, the American workforce has changed significantly, and these provisions do not meet the current needs of most family units. As a result, many states have passed or are considering legislation to…
Category: News and Announcements
What You Should Know About Biometrics
Posted on August 17, 2022
With increased concerns regarding the security of employees' information, biometrics can be used in payroll management to streamline compliance with wage and hour laws and to limit access to secure systems.
Category: News and Announcements
Get this feed 