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 ...
No matter the scope you envisioned for your business when you were first starting out, it’s likely that if your company has been successful, then that scope has been broadened. If you have expanded as a company, then you’ve probably found that you often have more work that needs to be done than you can ...
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 ...
How Our HR On Demand Service Can Help You Better Serve Your Employees Here at Payroll Medics, we understand how important your business is to you. That’s because our business is important to us, and as getting things right for your business is what we thrive upon, your business is by extension extremely important to ...
The way that we work today is changing and so are the risks of a mobile workforce. No more is it set in stone that everyone shows up to work at the office at 9am, and then leaves at 5pm on the dot. People have complicated lives which means a flexible working attitude is necessary ...
Hire Payroll Medics to Take Care of All Your Payroll Stress in 2020 As you look ahead to 2020, you’re likely thinking about ways to make your business run more efficiently. As business owners the goal is for us to work “on” our businesses as opposed to “in” our businesses. One way that you can ...
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 ...
Workers’ compensation insurance is a requirement for most business owners, but it’s something that often brings with it a large amount of stress. Sure, you want to protect your employees in the event of a workplace injury, but you also want to ensure that you’re not overpaying or underpaying for insurance, which could result in ...
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 ...
