Jan 9, 2013 | Uncategorized
Lately, there has been lots of discussion and confusion about the rules surrounding employer-sponsored health premiums and the W-2 (a new requirement stemming from The Affordable Care Act). Let’s break it down to the most commonly misunderstood elements of the law as...
Jan 7, 2013 | Uncategorized
Depending on the states in which you do business, you may have received an unhappy surprise at the end of December. It’s possible you will have to pay an additional amount of Federal Unemployment taxes for 2012 if your state was unable to pay all the...
Jan 4, 2013 | Uncategorized
Payroll in 2013 – Higher Social Security Tax Rate; New Withholding Tables — On January 2, 2013, President Barack Obama signed into law the American Taxpayer Relief Act of 2012 (ATRA 2012; H.R. 8). The new law permanently fixes income tax rates at the levels...
Dec 27, 2012 | Uncategorized
In HRA or HSA?– Part 1 and HRA or HSA? – Part 2, we took a look at the basic components of the HSA and HRA. This time, let’s weigh the pros and cons of each benefit and decide which is best for your company. First, let’s list what they have in common. ...
Dec 26, 2012 | Uncategorized
Wellness Programs aren’t just for the 500+ employee companies anymore. Regardless of the size of your staff, an employee’s health and well-being impacts your organization’s productivity and bottom line. Let’s take a look at some...
Dec 21, 2012 | Uncategorized
Year-end has many challenges for those of us responsible for payroll in our companies; however, if you process your payroll in-house, your to-do list is even longer. In this post, we’ll discuss the tasks you’ll need to do in order to be ready when you get to...