As we are in the thick of the 2018 tax filing season most any news outlet has reports of confusion and frustration stemming from the Tax Cuts and Jobs Act. Here is a quick 2018 tax guide that outlines some of the changes.
As we are in the thick of the 2018 tax filing season most any news outlet has reports of confusion and frustration stemming from the Tax Cuts and Jobs Act. Here is a quick 2018 tax guide that outlines some of the changes.
Topics: CPA
Just as it sounds, sometimes it helps for younger people to mentor their elders. While years of experience are often associated with people who have lived more of them, the digital age has caused a shift.
Motivating your employees can be a difficult process. Maybe you try financial incentives or office recognition like “Employee of the Month.” These can only be so successful because true motivation needs to come from within. Here are some basics on how to motivate employees.
Occasionally a nanny or other household employee will find themselves in a dispute with an employer, generally a former employer, over unpaid wages. Whether this be overtime that wasn’t properly compensated, failure to meet minimum wage or final wages that were not paid, there exists in every state a mechanism to file an unpaid wage claim and have the state’s Department of Labor Wage and Hour office intervene on his or her behalf. These avenues should be pursued AFTER direct attempts to resolve the situation with the employer have failed.
As a follow up to our previous post about retirement plans, here is some information about 2019 retirement contribution limits. The amounts are indexed for inflation and most have increased this year.
Topics: CPA
HomeWork Solutions' co-founder Kathy Webb recently participated in a nanny educational program focused around legal nanny payroll. In the course of discussions, attendees were anxious for some concrete examples on how the negotiation of pre-tax benefits for health insurance reimbursement and professional development could be cost neutral to a family and a big win for the nanny.
If you own a small business, or are a household employer, and want to offer a retirement savings plan to your employees the options can get confusing. Offering a 401(k) can be complicated and expensive, but a SIMPLE IRA might be just right. What is a SIMPLE IRA? Here is a breakdown of how they work and some SIMPLE IRA benefits.
Most employers are focused on financial metrics when analyzing their business, which makes sense. In recent years though, more attention has been paid to human resource metrics as well. Monitoring these important KPIs below can help any company, household or not, with ensuring smooth operation.
Is your to-do list getting longer and longer and does it seem like your demands from day to day just never end? We get it. Sometimes there simply isn’t enough time to keep on top of everything.
All employers are required to keep certain records of payroll. Most know about W-4s, I-9s, and paystubs but there are others to watch out for as well. Here are two examples of records you should be keeping if applicable.
Topics: CPA