IRS 2021 Mileage Rates: Everything Businesses Need to Know

March 2, 2021
IRS 2021 Mileage Rates: Everything Businesses Need to Know

Does your business have team members on the road? Pump the brakes on those driving deductions and reimbursements!  As of January 1, 2021, the IRS lowered standard mileage rates by 1.5 cents, largely due to the pandemic and decreased driving costs. Why does this matter to employers? If you, like many other businesses, use this… Read More »

Wage Deductions: Can You Charge Employees for Mistakes?

February 23, 2021
Wage Deductions: Can You Charge Employees for Mistakes?

If you have owned a business with employees for any length of time, chances are at least one of those employees has made a mistake. After all, you work with humans, it’s bound to happen.  What kind of mistakes are we talking about? Cash or cash register shortages Acceptance of bad checks Lost, damaged, or… Read More »

Are Employee Gifts Taxable?: A Complete Guide to the De Minimis Rule

February 15, 2021
Are Employee Gifts Taxable?: A Complete Guide to the De Minimis Rule

You enjoy treating employees with the occasional gift, office snack, or meal compensation. These little things help boost employee morale and productivity and can be great for showing them your appreciation.  But you may also be wondering about the de minimis rule. Are those employee gifts taxable? How will you know, and how do you… Read More »

6 Important Questions on 401(k) Nondiscrimination Testing, Answered

February 9, 2021
6 Questions on 401k Nondiscrimination Testing

Suppose you own a young business or recently introduced a retirement plan to your employee benefits package. In that case, you might have heard about something called 401(k) nondiscrimination testing—and wondering what the heck it is. Also known as 401(k) coverage testing, this is an annual IRS review used to prove a company does not… Read More »

New W-4 Form + 2021 Updates Employers Need to Know

January 26, 2021
New W-4 Form + 2021 Updates Employers Need to Know

As an employer, you likely heard when the IRS released the new W-4 form in 2020—for the first time in 30 years. Now called the Employee’s Withholding Certificate, the previous version was formerly known as the Employee’s Withholding Allowance Certificate. The most significant change on the form was the removal of withholding allowances. The new… Read More »

7 Tips for Providing Effective Sexual Harassment Training

January 14, 2021
7 Tips for Providing Effective Sexual Harassment Training

There is no easy way to address sexual harassment training—at least not if you want to do so effectively. Nonetheless, it is a critical subject that all employees should be trained on regularly. Many employees don’t know how to identify harassment in its many forms, just as managers may not know how to deal with… Read More »

9 Costly Mistakes Employers Make When Hiring Independent Contractors

December 22, 2020
9 Costly Mistakes Employers Make When Hiring Independent Contractors

Does your business have a specific project or type of work that an expert would most effectively complete? Hiring independent contractors for finite assignments or work that does not call for an employee can provide many benefits to a company—when they are classified and appropriately managed. Before hiring a contractor, employers must know how to… Read More »

Everything Employers Need to Know About Non-compete Agreements

December 8, 2020
Everything Employers Need to Know About Non-compete Agreements

When your company has confidential information and trade secrets, you might be considering methods for protecting them. You may even want to ensure the retention of your top-performing employees. Enter: non-compete agreements. Chances are you’ve heard of the elusive non-compete agreement but may not be very familiar with its intricacies. What exactly should be covered?… Read More »

Inclement Weather Policies: Preparing Your Business for the Unexpected

December 1, 2020
Inclement Weather Policies: Preparing Your Business for the Unexpected

There are many unpredictable forces out of our control, such as the weather and other natural disasters. From blizzards to tornadoes to hurricanes to heavy rainfall, severe weather can affect employees’ ability to get to work as well as your company’s operations. These unpredictable events are why every employer must have an inclement weather policy. … Read More »