When Do You Need an HR Staff?  

Small-business owners rarely see the immediate value of staffing a human resource generalist(HR). Actually, most principals take on many HR tasks themselves or delegate them to other employees — department heads, accountants or administrative assistants. Others will...

2017 Payroll Calendar

Download the 2017 Payroll Processing Calendar Today.  

Employee or Contractor

Many companies use both employees and freelancers, and this is fine, but the IRS doesn’t treat them as interchangeable — there’s no mixing and matching. Anyone you pay is either one or the other and subject to the proper tax treatment. So which is which?...

Nonprofits: Understanding the Tax Issues

It’s often assumed that nonprofits have no tax obligations at all, but that’s not true. Nonprofits do get a lot of tax breaks, but managers of nonprofits still need to be well-versed in the tax code to make sure they’re in compliance. Although most...

ERISA and Disclose of Your Retirement Plan?

  It is important that managers stay on top of federal laws governing employees and their benefits. When it comes to pension plans, the overarching law is ERISA (the Employee Retirement Income Security Act). The rules can be complicated, but it pays to know at...

How to Handle the Last Paycheck for a Terminated Employee

  Firing employees is never easy. They may have violated your company’s code of conduct and need to be escorted out immediately. They may be very good people but just incapable of handling the work and stress of the job. Whatever the case, there is a sticky...