Payroll Services LLC, ranks on the 2022 Inc. 5000
Payroll Services LLC, ranks on the 2022 Inc. 5000
Attention businesses, we’ve got some crucial updates regarding the Fair Labor Standards Act (FLSA) that you should know about. Significant changes are coming on January 1, 2025, and if your businesses is impacted, action is required to stay compliant. Content What’s changing in 2025 What This Change Does Not Mean The New Salary Threshold Overtime... View Article
In March of 2024, the United States Department of Labor (DOL) finalized their rule on the guidance used for Independent Contractor (IC) classification. The rule effectively reinstates the longstanding version of the “economic reality” test the DOL used prior to the 2021 IC Rule, striving to provide more consistency with the Fair Labor Standards Act... View Article
Do you think the way HR worked a decade before is the same as now? Like every industry, the HR industry has evolved too – thanks to labor regulations and technology advancements. However, this does not mean that the HR industry is challenge-free. The HR industry is also constantly changing and facing challenges year after... View Article
Are you a small business trying to figure out HR functions independently? Do you know that HR policies are one of those areas often overlooked in small businesses? In fact, having the right HR policies can make your life a whole lot easier and your business a much better place to work. This article discusses... View Article
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... View Article
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 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... View Article