It is never too early to begin planning for retirement. Individual retirement accounts provide tax incentives for people to make investments that can provide financial security when they retire. These accounts can be with a bank or other financial institution, a life insurance company, mutual...
Thanksgiving Day is a national holiday in the United States celebrated on the fourth Thursday of November. Its origins can be traced back to the harvest festival celebrated by the Pilgrims in 1621, which was a gathering of the Pilgrims, Native Americans, and other settlers...
Addressing Small Irritations Before They Derail Momentum Recently I was helping my husband and my dad on a renovation project. We’re restoring a home built in 1900, complete with all the character and quirks that come with 123 years. Dad and I were working on reinstalling...
No. Some employers call the first few weeks or months of an employee’s time with the company an introductory period, but this designation has no bearing on the rights employers or employees have. An introductory period doesn’t reduce the risks of termination (you should still have...
A payroll policy explains the process of payment — salary administration, timesheet keeping, wage methods and payment schedules — making employees conscious of what to anticipate on payday. Your payroll management system, which details your obligations as an employer, should be such that it avoids costly...
When you think about how many payroll forms need to be processed and filed, it's easy to feel overwhelmed or intimidated. But if you practice organized behaviors and stay aware of your tax deadlines, you can ensure that all documents are accurately filed. However, the possibility...
Starting Nov. 1, you can only use Form I-9, Employment Eligibility Verification, with the 08/01/2023 edition date. A revised Spanish edition of Form I-9 with an edition date of 08/01/2023 is available for use in Puerto Rico only and by other employers as a translation aid. For more information, visit I-9...
The younger generations are feeling anxious about the state of the economy and the rising costs of living, as well as job instability in the tech industry. As a result, they are turning to HSAs to help them stay on track with their financial and...
People work for churches because they are passionate about their Mission and feel called to help. These dedicated employees have the best intentions and want to make a difference. However, whenever you get more than one person in a room, there is a potential for...
Question: We have an exempt employee who has been taking a lot of long lunches and my boss wants to deduct time from her paid time off (PTO) bank. Can we dock her PTO for taking a long lunch? Answer: You can deduct hours from this exempt...