With tax season in full swing, phony IRS calls are more frequent than usual. It’s important to stay apprised of the scams and how they can illicit your personal information for financial gain. Due to the importance of maintaining compliance with IRS requirements, most people are quick to hand over their information. Doing so can […]
We find that many employers are unaware of this act. It is, however a very important hiring regulation. According to the Equal Employment Opportunity Commission, “age discrimination involves treating someone (an applicant or employee) less favorably because of his age.” The Age Discrimination in Employment Act (ADEA) only forbids age discrimination against people who are […]
The Women’s Health and Cancer Rights Act was a major turning point for women suffering from breast cancer and other cancers that require mastectomies. Under this Act, there are protections for patients who elect breast reconstruction in connection with a mastectomy. For plan participants and beneficiaries receiving benefits in connection with a mastectomy, plans offering […]
What is the Mental Health Parity Act? According to the Department of Labor’s website, “The Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA) requires group health plans and health insurance issuers to ensure that financial requirements (such as co-pays, deductibles) and treatment limitations (such as visit limits) applicable to mental health or substance […]
An Employer Identification Number (EIN) is essentially a Social Security Number for your business. EINs are used to distinguish your business financial data from your personal finances. Who Needs an EIN? These 9 digit numbers are utilized for tax purposes and are required for every business with one or more part-time or full-time employees. Additionally, […]
As we mentioned in a recent blog, utilizing a PEO allows a business owner to focus on their key business functions. Particularly with small to medium sized businesses where your headcount is lower, utilizing a PEO is a great way to optimize your business processes without significantly increasing costs. One of the key benefits to […]
A PEO (Professional Employer Organization) steps in and provides an affordable, holistic management services to support your company’s human resource functions. PEOs are unique in that they offer a full suite of services, unlike companies who offer specific services like benefits or payroll administration. PEOs functions offer a broad range of HR-related services such as […]
One of the great elements of PEOs is that they are valuable to businesses across a myriad of industries. Utilizing a PEO can yield incredible benefits like cost savings, reduced overhead, optimized human resources functions and increased productivity in other areas of the business. PEOs can handle everything from basic HR functions like payroll processing […]
The latest fad in America seems to be e-cigarettes. They are being marketed as a safe alternative to tobacco and one by one people are lining up to try them. The explosive sales in the last few years show how high the demand is. You will be strolling through the mall and see someone puffing […]
As we discussed in our last post – taxes can be terrifying and overwhelming. What’s scarier than doing your taxes? Being audited. We have devised a list of 5 key things you can do to help avoid getting audited. #1 – Know your risk. Are you a cash business? Perhaps an accounting firm? You are […]