In today's heavily regulated business environment, it can be a tough thing just to stay on the right side of the legal fence. Do you worry about what might happen if one of your managers is accused of harassment or discrimination? Are you concerned about having enough workers' compensation insurance,...
Are You Up-To-Date On Filing Payroll Taxes? If Not, Be Forewarned of the Steep Consequences Federal tax authorities take withholding and remission of payroll taxes from employee paychecks very seriously. Business owners occasionally attempt to forestall business failure by using money withheld from employee wages for federal income and employment taxes...
Each year, millions of college students head for interviews at big name companies in the quest for unpaid internships to complete their educational requirements. Many hope that their internships will pan out as full-time jobs, when the truth is these programs are clearly in the favor of the organizations themselves...
In our last post, we focused on the danger of misclassifying workers as 1099 independent contractors instead of as W2 employees – a growing problem in a time when companies are looking for ways to cut corners. Organizations in South Florida and around the U.S. have experienced crushing blows from...
Every year, US employers in South Florida and other states improperly classify their contract workers during year-end tax reporting. This is a mistake that’s costing the US tax payers and the government nearly $1.2 million in lost tax revenues. According to the most recent figures from the inspector general, this...
Outsourcing your payroll is more than just a contracted method of managing your company’s paychecks. From saving time to financial budgeting, the advantages of an outsourced payroll solution can help small businesses get on the right track for better management. Even if you think you can handle your payroll taxes...
