Mastering Form W-2 Box 1: The Ultimate Breakdown for Employers
Form W-2 Box 1 might seem like just another field on a tax form, but don’t underestimate its significance. It’s the foundation of income tax reporting, summarizing an employee’s taxable wages. The IRS scrutinizes this field closely, and inaccuracies can lead to penalties, tax audits, and frustrated employees. For employers, getting Box 1 right is […]
Plan Ahead with the 2025 PayDay ES Payroll Calendar
Staying on top of your payroll schedule is essential for running a smooth operation. The 2025 PayDay ES Payroll Calendar is your go-to resource for staying on track with payroll deadlines, federal holidays, and bank closures. With this essential tool in hand, you’ll ensure seamless payroll operations throughout the year. Why Use the 2025 PayDay […]
Mastering Job Ads: Supercharge Your Talent Acquisition and Recruitment Strategies
In the world of talent acquisition, your job ad is more than just words on a screen—it’s your first handshake with future game-changers. Effective job ads aren’t just about filling roles, they’re a crucial tool in your recruitment strategies, ensuring you attract the right talent and set your hiring process up for success. Think of […]
Boost Engagement and Productivity: 5 Tips for Aligning Company and Employee Goals
5 Proven Strategies to Align Company Goals and Boost Employee Engagement In today’s ever-changing business environment, aligning company goals with employee aspirations is key for cultivating a productive and engaged workforce. By ensuring that both parties are working towards the same objectives, companies can boost employee engagement and productivity. Here are five practical tips to […]
Compliance Tax Deadlines July 2024: Key Dates and Requirements
Staying Compliant with Tax and HR Deadlines Staying compliant with tax and HR deadlines is crucial for any business. Therefore, here are the important compliance tax deadlines for July 2024. Important Compliance Tax Deadlines for July 2024 Employee Tip ReportingDeadline: July 10, 2024 Ensure employees report tips over $20 earned in June of 2024 by […]
CARES Act and Secure Act: Navigating Retirement Plans for Small Businesses in NJ, NY, and PA
Learn how the CARES Act and Secure Act 2.0 impact small businesses in NJ, NY, and PA in 2024. This article covers compliance requirements, tax credits, retirement plan enhancements, and practical steps for optimizing retirement benefits under these acts. Stay informed and ensure your business is compliant with the latest regulations.
Understanding New Jersey Sick Leave Laws
New Jersey’s (NJ) sick leave laws and policies are designed to ensure that employees can take time off for health-related reasons without risking their jobs. However, it’s crucial for employers to understand these laws, especially during the summer when misuse can be more prevalent. Key Provisions of New Jersey Sick Leave Law Employer Best Practices […]
WHAT IS AN “EFTPS” ACCOUNT AND WHY SHOULD EVERY EMPLOYER HAVE ONE?
This free account can help business owners keep track of and ensure all tax payments are made timely. The Electronic Federal Tax Payment System (EFTPS) is the free, easy to use account offered to employers and third-party providers to make mandatory electronic federal…
