It’s common for business leaders to find themselves in unfamiliar territory when it comes to their company’s taxes, and tax credits specifically. The Work Opportunity Tax Credit (WOTC) is one tax credit that many are underutilizing, meaning they are leaving money on the table when it comes time to do their taxes. WOTC helps transform ...
As cities, states and the federal government take increasingly aggressive moves to stop the spread of the novel coronavirus, a shelter-in-place order and its many exceptions for “essential” activities are becoming familiar to millions of Americans across the country. Payroll Medics is supporting our clients offering a “COVID-19 Essential Employee Authorization” template. This is for employers ...
On March 18th, 2020 The Senate passed the Families First Coronavirus Response Act today, an economic stimulus plan aimed at addressing the impact of the COVID-19 outbreak on Americans and introducing paid sick leave and an expanded family and medical leave act to the nation’s employers. The leave provisions will go into effect on April ...
The IRS has released the long-awaited final version of the 2020 Form W-4, Employee’s Withholding Certificate, with major revisions designed to make accurate income-tax withholding easier for employees starting next year. In August, the IRS posted FAQs about the changes incorporated in the revised form. These are the key points employers should note, the IRS said ...
Here at Payroll Medics, our trusted advisors are often asked tough HR questions and we wanted to share a recent HR Q&A with you. In general, yes, employers may require the use of vacation/paid time off (PTO) and restrict its use. We always recommend you check for state and local paid sick leave laws, restrictions ...
The Work Opportunity Tax Credit (WOTC) can help employers close the skills gap by encouraging them to hire applicants who often are overlooked, such as people with criminal histories, military veterans and the long-term unemployed. Here’s what employers should know about participating in the program. Target Groups The program was designed to encourage employers to hire workers ...
Voluntary Benefits Unlock the Door to Achieving Employee Goals It’s an employee’s market at the moment—one in which employers go head-to-head in the hiring arena to attract and retain the best and brightest talent. To stay competitive and increase satisfaction after the hire, many companies are looking beyond basic benefits offerings to provide a ...
Right now, in workplaces across the country, people are going about their jobs, seemingly content, but deep down feeling the ache of loneliness. They aren’t necessarily working alone or all by themselves with no one to talk to. They may be chatting amicably with customers on the phone or in person. Or they may work ...
The recipe for workplace conflict is decidedly simple: bring two or more people together and assign them a task. Unless the stars have aligned in your favor, there’s going to be some cause for disagreement between them, and if conflict ensues, their ability to cooperate will suffer. Regrettably, too often employers tolerate unresolved conflict because ...
Periods of growth are particularly exciting for small and midsize businesses, but they also bring new HR challenges. Along with adding employees—which may change the feel of your culture as well as your floor plan—your organization may become subject to federal and state laws that take effect once you have a certain number of employees. ...
