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Payroll

5 Tips for Improving the Hiring Process

By Business, Payroll No Comments

By guest blogger: Steven Chen      1. Identify hiring problems.  Discover what parts of your organization are having problems and why. You can do this by: Asking your HR and department heads for their opinions. ‘Why are people quitting? Why have they become problematic? Why are they being fired?’ Making sure each department and/or HR carries out exit interviews. Ask people who leave why they are leaving, and…

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Statutory Employees – My Rant!

By Business, IRS, Payroll No Comments

Uncle Sam Grinch can be green with greed often.  The “statutory employee” is certainly one of those areas. What is a statutory employee?  IRS defines them as independent contractors that may be treated as employees for employment tax purposes.  Oh blessed charitable spirit of the IRS!  The taxpayer may be treated as employees for the 15.3 payroll tax.  It should read have to be treated…

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Pay Your Kids = Save on Taxes

By Business, Payroll, Tax Strategy No Comments

By Sunny McIntosh Having kids can be such an amazing experience.  Kids enrich our lives with all sorts of predictable and unpredictable challenges.  But they can be really expensive!  If you own a business, consider hiring your kids.  Teaching them life lessons related to money starting young will not only be good for them, but also hopefully mean they won’t be living in your basement…

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