In the bustling world of service industries, managing tips can be a significant challenge, involving the delicate balance of accuracy, compliance, and fairness. Whether it’s a restaurant or a salon, business owners need to effectively handle the complexities of tracking, reporting, and distributing tips in...
Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible to save money on their taxes. Here are the tax incentives for employers who provide accommodations for people with disabilities. Disabled Access Credit The Disabled Access Credit is a non-refundable...
For the first time, there are six generations in the workforce. And each of those generations has different wants and needs regarding total rewards. When one-third of employees would prefer more benefits over more compensation, according to a Marsh McLennan Agency report published earlier this year, employers can help employees...
A leave donation or leave-sharing program is a voluntary, employer-offered benefit that allows employees to donate accrued hours of paid leave (vacation, sick leave, etc.) to a “leave bank.” Other employees can apply to receive the donated, paid leave hours when they experience a medical emergency or major disaster...
Even if you only have one employee, you are still legally required to garnish wages if you receive a court order to do so. Unfortunately, calculating the garnishment and fulfilling your legal obligation isn’t always easy. By keeping in mind a few best practices, you...
The IRS published the 2025 limits for several types of benefits that have maximums subject to annual change. You can find the full list of the new amounts in the IRS Revenue Procedure 2024-40. The most commonly asked about limits are below and are applicable to taxable...
Question: We’ve just hired a remote employee who will be working in a different state. Do we need to make a new employee handbook? Answer: You probably don’t need a whole new employee handbook, but you’ll certainly want to review the one you currently have in...
When your board declares your annual clergy housing allowance, they must declare a specific dollar amount or percent as the housing allowance. The designation must be made in advance of the payment. A general declaration that you have a housing allowance without naming a specific...
Whether you run a small “mom and pop” type of business or a fast-growing company with a large number of employees, you can benefit from utilizing an automated timekeeping system. Why would a company need timekeeping to be automated? When you sign up with a timekeeping...