Archive | Payroll
Can Health Insurance Rebates Affect Workers’ Comp Premiums?
Since 2012, the Affordable Care Act (ACA) has required insurers with a certain medical loss ratio (MLR) to issue a rebate to employers. Depending on the way the rebates are distributed, you may end up paying more for your workers’ compensation insurance. Medical Loss Ratio The MLR provision of the ACA states that insurers must spend […]
FSA Guide
Paying for health expenses can be stressful, but planning ahead and putting money in a health flexible spending account (FSA) will help you save on taxes while keeping a reserve of money available for health care costs. Although FSAs are a great way to help you pay for medical expenses, they can be confusing if […]
Understanding your W-2 Form
Knowing how to read a Form W-2, or Wage and Tax Statement, can help you understand your total overall compensation, and also help you get a head start when preparing your taxes. Not all the information recorded in the boxes of your W-2 is necessary when filing your taxes. Often, the amounts recorded are never […]
End of the Year Preparation
With the year nearly over, and so many business planning for 2012, almost every business we talk to is looking to gain market share, while cutting costs. There are obviously several ways to make this happen. One of the easiest ways to reduce costs is to compare your current expenses with other providers of similar […]
Things to consider
70% of employers are out of compliance when it comes to classification of exempt and non-exempt employees. Call us today to have a human resource specialist review this with you, 941-497-7737.
Asking for a pay raise
Asking for a Raise Preparation and attitude are essential Asking for a raise can be a intimidating experience, but often you need to ask to receive the compensation you deserve. A little preparation and the right attitude can help you receive the best outcome and ensure the meeting goes smoothly regardless of the decision. Preparation […]
UNEMPLOYMENT TAXES DUE BY JULY 31st
Your unemployment compensation taxes for the quarter ending June 2011 are due to the state by July 31st, along with your Employer’s Quarter Report (also called the “UCT-6”). On the UCT-6 report, you must list all employee names and social security numbers, plus the amount of wages you paid them for the quarter. If you […]