Does your small business need an HR department?
If you are starting a new venture or are a small business owner, the struggle to allocate a budget for an HR department is real. But does a small business need an HR department? When is the right time to establish one? Is there any other option that would work for a small business? We […]
Maryland Payroll Regulations in 2024
Every business in Maryland should know about the State and Federal payroll tax regulations to stay compliant and avoid legal issues. Failure to file returns or remit amounts collected as required results in a penalty of 25% of the unpaid tax.
New Regulations in 2024
New rules affecting business operations will emerge in 2024, reshaping the business landscape. These adjustments aim to instill fairness and transparency in the market. Adjusting to these new regulations is essential for enterprises to keep their competitiveness. Regulations can prove beneficial and problematic equally. They are designed to enhance business transactions, prevent illegitimate and unjust […]
Know more about MarylandSaves Program
In this article, let’s dive deeper to learn more about MD Saves and to get enrolled in the program. If you do not know what Maryland Saves is, read the article here. Why did the state start the MD Saves program? About 50% of Americans over 50 have no retirement savings. Their average savings is around […]
Maryland Saves vs. Private 401K
The state of Maryland launched Maryland Saves in 2016 to mandate every private-sector employer offer a retirement plan. The law required every w2 employee to be automatically enrolled and levied fines for non-compliance. Learn more about the Maryland Saves program here. Most companies took advantage of this law and enrolled in the Maryland Saves program. […]
Employee Burnout
The Fast and the Furious? Not all burnouts are in the movies! If you haven’t seen at least one of the F&F franchise of movies, here’s a spoiler alert. They drive cars, all kinds of cars, fast and furiously. I wonder how much of the $250 million budget for Fate of the Furious was spent […]
Multi-State Employee Headaches
With the ever-changing workforce, it is extremely common for Employers to have employees in multiple states. This is becoming so common, and so are the headaches it is creating for Employers to deal with. Pre-Covid, most Employers had 2-3 States to deal with. Now with remote work, our average Employer has 5-6 States. The biggest […]
Is Remote Work Dead?
There are countless articles out on the interwebz declaring that remote work is dead. Is it? The real question to ask is why is remote work such a thing, who used it in the past and why are there a ton of topics saying remote work is dead. Remote work has always been a “thing”, […]
Know Your Rules
Ignorance is no excuse! Why even small employers need to know the rules. Small employers sometimes think that “the rules” don’t apply to them because of their size. While that may be true of some employment laws, it’s easy to get on the wrong side of the rules that do. John has a CPA firm […]
Company Culture
Company Culture is something many small businesses “poo poo.” I hear things like, “I have five employees; what do I need to worry about Company Culture for?!” Unfortunately, those are the businesses we routinely get “complex” HR problems from and the ones that end up having the most problems with their staff. Remember, a good […]
Civility in the workplace
“Keep a Civil Tongue in Your Head!” Ever wonder what keeps employees showing up daily (besides a paycheck)? What makes work satisfying depends on the person. Some people are excited to learn new things; some like to engage with a customer and make that sale; some show up because the coffee is better than at […]
A New Year – A New Beginning
Happy New Year to all! A New Year does not resolve itself to the resolutions we make or even the events that occur. Much of life is out of our control, and the only thing we can control is how we respond. Whether we are met with a pandemic, a slowing economy, or other events, […]