What Employers and Employees Should Know About 2019 Tax Withholding Changes

Posted by Dana Spinello, CPA on Sep 6, 2018 9:00:00 AM

A revised Form W-4 for 2019 is on the way and it’s just the latest tax withholding change for employees. Earlier this year, IRS officials updated their withholding tables and issued a new Form W-4 for 2018 after passage of the Tax Cuts and Jobs Act last December. The act reduced employees' income tax rates, adjusted tax brackets and eliminated personal exemptions.

With all the changes, 2019 is an important year for workers to review whether they’re having the right amount of taxes withheld from their paychecks, especially those who belong to a multiple-income family, claim the child tax credit, have dependents over age 17, itemize their deductions or have high incomes or complex tax situations.

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Topics: payroll tax

OSHA Proposes Change to Electronic Recordkeeping Rule

Posted by Greg Andress on Aug 31, 2018 8:00:00 AM

The Occupational Safety and Health Administration (OSHA) is considering eliminating the requirement to report some injury and illness data electronically. For the past few years, an OSHA recordkeeping rule has required establishments covered by record-keeping regulations to submit certain reports to the federal government online.

Currently, certain companies with 20-249 employees are required to submit OSHA Form 300A each year. The OSHA Form 300A summary details workplace injuries and illnesses. In addition, larger establishments with 250 or more employees were supposed to begin electronically submitting data from OSHA Form 300 and 301. Those forms are illness and injury logs and incident reports.

However, in light of anticipated changes, OSHA announced it would not be accepting the additional submissions. A Notice of Proposed Rulemaking was issued in July and proposed changes would eliminate the requirement to electronically submit OSHA Forms 300 and 301. Larger establishments would still be required to submit Form 300A electronically.

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Topics: safety culture, workplace safety

Voluntary Benefits Now Considered Essential

Posted by David Peasall, VP, Benefits and Human Resources on Aug 16, 2018 9:00:00 AM

Many employers offer voluntary benefits to supplement their core benefit plans. Supplemental insurance plans appeal to the changing and diverse workforce that has come to expect a comprehensive employee benefits package. To stand out in a competitive job market, employers are offering more choice and flexibility than ever before. Employees are responding by personalizing benefit programs to fit their needs.

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Topics: Human Resources

How PEO and Staffing Services Pair to Solve Business Challenges

Posted by Anna Leo Holder. MBA on Aug 9, 2018 11:00:00 AM

Professional Employer Organizations (PEOs) and staffing companies both support employers with specialized services to relieve administrative burdens, solve business challenges and enhance success. They do this in different, yet complementary ways. How do you know whether and when it’s best to leverage the services of a PEO and/or staffing company? Here’s a quick look at both models to help you successfully blend these services.

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Topics: PEO Services

Quiz: Is it Time to Partner with a Professional Employer Organization?

Posted by Jaime Moore on Jul 31, 2018 11:00:00 AM

Responsibilities can mount for owners of growing businesses and, in areas like human resources, many of those responsibilities don’t align with core business functions. It can be difficult to keep up with employment laws, manage HR risks and liability, handle payroll and payroll taxes and administer employee benefits, all while keeping the business humming.

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Topics: PEO Services

Florida PEO Trends in 2018

Posted by Anna Leo Holder. MBA on Jul 10, 2018 9:30:00 AM

Florida Professional Employer Organization (PEO) companies comprise about 14% of the industry, with close to 50 PEOs across the state. Florida, along with Texas, has the most PEOs in the nation. PEOs help their clients manage their businesses more effectively, avoid compliance pitfalls to create key benefits for the business. This also frees up time for business owners, allowing them to focus on things that are core to the business, such as operations and strategy.

A recent PEO study in Florida Trend Magazine shows:

  • There are approximately 1,000 PEOs nationwide.
  • The industry’s gross revenue is between $136 billion and $156 billion.
  • PEOs have grown 15% to 25% in recent years.
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Topics: PEO Services

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