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Understanding Employee Burnout: Prevention and Management Strategies
Table of Contents Signs of Employee Burnout Workplace Burnout Triggers Strategies to Prevent Employee Burnout When Burnout Hits: What to Do...
Read MoreBest Practices To Improve Your Credentialing Process
Standardization and following best practices during the credentialing process will help ensure that your healthcare organization remains...
Read MoreBoost Employee Retention With Effective HR Strategies for Long-Term Success
Table of Contents Introduction Understanding Employee Motivation Building a Strong Workplace Culture Offering Growth Opportunities The Role...
Read MoreWatch Now: CAP Lab Inspection Q&A
Join Karl Wappaus, BlueStone Services’ Client Relationship Manager and Medical Business Advisor Michele Hayward, MHA, MS,...
Read MoreAI Is Here to Stay: How Should You React?
Artificial intelligence isn’t going anywhere. While that is unsettling for some people to hear, others understand that AI is influencing...
Read MoreIs This Your Situation: You’re Having Cash Flow Problems
Optimizing your operating cash flow really boils down to three basic rules: Get money you are due as fast as possible. Pay money you owe as...
Read MoreAttracting and maintaining Gen Z talent
Gen Z is a generation like no other, and in order to maintain your business, you’ll need to think about how you can accommodate the...
Read MoreSmart Cost-Saving Tactics: Cutting HR Expenses Without Compromising Quality
Table of Contents Introduction Embrace Technology & Automation Streamline Recruitment & Retention for Fewer HR Expenses Remote Work...
Read More10 Essential Questions to Enhance Your Exit Interview Process
Conducting a thorough exit interview is an essential part of the offboarding process. Exit interviews provide a unique opportunity to...
Read More10 Employee Engagement Strategies to Make a Lasting Impact
What does an engaged employee look like? Employee Engagement is a concept that describes the level of enthusiasm and dedication a worker...
Read MoreCreating an Equitable Compensation Plan
Equitable compensation comprises such elements as wages or salaries, benefits, union perks, employer-provided vendor discounts, work...
Read MoreWhat To Know About Pay Frequency
It’s important for businesses to have a clear and consistent payment schedule to ensure fairness and adherence to labor laws and...
Read MoreProposed ban on Noncompete Agreements put on hold
Since the Federal Trade Commission (FTC) proposed banning noncompete agreements in January 2023, followed by its Final Rule approval on...
Read MoreMinimize Liability Exposure with Expert HR Consulting Services
Table of Contents Introduction The High Price of HR Mistakes HR Consulting: Your Shield Against Risk Areas Where HR Consulting Can Make a...
Read MoreReclaim Your Time: Outsourced HR Services Solve Persistent HR Problems
Table of Contents Introduction The Persistent HR Problems That Plague Businesses How Outsourced HR Services Can Rescue Your Business...
Read MoreWhat To Know About Business Financial Ratios
How do you measure how robust your business is? One of the key ways is by looking at business financial ratios, which can be grouped into...
Read MoreWhat To Know About FSAs For 2024
The IRS has raised the contribution limit of FSAs for 2024 by $150 for these accounts. FSA participants can now contribute up to $3,200...
Read MoreWhat To Know About New Employee Onboarding
Do you want to help your new employees have a positive experience, setting them up for long-term success? Employee onboarding is a...
Read MoreIs it time for an employee engagement satisfaction survey?
How would you define an engaged workforce? You might say it’s an environment where everyone involved feels valued and supported....
Read MoreQuiet Vacationing: A Question of Company Culture
First quiet quitting, now quiet vacationing. What is going on? This is a good question with complicated answers. Quiet vacationing, also...
Read MoreIs This Your Situation: Are Financial Forecasts Just the Beginning?
Why isn’t it good enough to simply meet your forecast? Unless your company is doing absolutely everything right and there’s no room...
Read MoreChoosing A Business Checking Account
Small businesses have different needs than individual investors, and banks have created a wide range of financial services and products to...
Read MoreUnderstanding Regulatory Requirements in Human Resources
Table of Contents Introduction Key Areas of HR Regulatory Compliance Hiring and Recruitment Wage and Hour Regulations Benefits...
Read MoreStart Your New Hires Off Right With a Smooth Onboarding Process
Table of Contents Introduction Pre-Boarding Steps First Day Agenda Training and Development Plan Setting Clear Expectations and Goals...
Read MoreAdvanced Payroll Solutions for Companies Big and Small
Table of Contents Introduction Features of Modern Payroll Solutions Choosing the Right Payroll Provider BlueStone Is Here to Help Key...
Read MoreTop 11 Tips for Effective Talent Retention
Table of Contents Introduction Tip 1: Offer Competitive Compensation and Benefits Tip 2: Provide Opportunities for Growth and Development...
Read MoreNew Noncompete Agreement Rule May Impact Your Business
Since the Federal Trade Commission ‘s (FTC) January 2023 proposal to ban noncompete agreements, followed by its Final Rule approval on...
Read MoreThe Benefits of Interim Practice Management
The benefits of interim practice management are many. Hiring the wrong person into a senior leadership position is one of the most damaging...
Read MoreMastering the Art of Negotiating Payor Contracts in Healthcare
Updated on 6/28/24 In the intricate realm of healthcare, the art of negotiating payor contracts is a skill that can significantly impact...
Read MoreBringing on a New Provider? The Importance of Not Waiting For Credentialing
Updated on 6/28/24 What is credentialing? In a healthcare setting, physician credentialing is the formal process of verifying the...
Read MoreSummer Due Diligence Compliance Checklist
Maintaining and updating your compliance program is an important part of any healthcare organization. Making sure your organization is...
Read MoreChoosing a Successor: Eight Tips
It’s not easy to decide to step down from your position leading a company. But when the time is right and the decision must be made,...
Read MoreBreaking Down Employee Breaks
Under the Fair Labor Standards Act, employers generally do not have to provide short breaks or lunch periods to employees. However, the Act...
Read MoreGetting Offboarding Right
Like other HR branches, offboarding is evolving drastically. Offboarding is no longer about creating a list of administrative tasks and...
Read MoreWhat Types of Accounting Services Can You Outsource?
Updated on 5/24/24 Maintain accurate records; keep track of your company’s finances, bookkeeping, payroll, management accounting,...
Read MoreIs Your HR Department Meeting the PCORI Fees Deadline?
Updated on 5/17/24 The Deadline to Pay PCORI Fees is Monday, July 31, 2024. The Patient-Centered Outcomes Research Institute (PCORI) is an...
Read MoreWhy Your Organization Needs A Dedicated Employee Onboarding Program
Updated on 5/17/24 In today’s fast-paced business world, every organization is constantly searching for ways to increase efficiency...
Read MoreMaryland Adopts Pay Transparency Requirements
Maryland has become the latest in a growing list of states to adopt pay transparency requirements, with our governor recently signing the...
Read MoreNew Timeline for Maryland’s Forthcoming Paid Leave Program
The Maryland General Assembly recently passed a bill making some changes to the Time to Care Act (the law that set the stage for...
Read MoreTop 5 Tips for Hiring Managers
While the landscape for businesses looks a little wobbly lately, with a post-COVID recession looming and an uncertain stock market, one...
Read MoreAlternative Business Structures That Might Be Right for Your Company
Since the start of the COVID-19 pandemic, many aspects of business have changed, including (in some sectors) the increasing availability of...
Read MoreIs an ESOP the Right Choice for Your Company?
Employee stock ownership plans have been in the headlines recently, but they have been around for decades. ESOPs are qualified defined...
Read MoreMonitoring Your Employees’ Productivity
Worker productivity has been in the headlines recently. One reason is the easy access employers have to the many technologies that can...
Read MoreOutsourced Accounting and Due Diligence
Due diligence is a deep-dive investigation relating to compliance. It can be an essential function to help you understand your potential...
Read MoreHow HR Should Handle Employee Leave of Absence Requests
Employees have always enthusiastically embraced generous leave policies. Surveys have found that many respondents even prefer additional...
Read MoreTop HR Cybersecurity Threats and Tips For Prevention
More and more employers are automating their human resources processes. Many also integrate their HR processes with interrelated...
Read MoreHow To Improve and Streamline HR Processes: A Detailed Guide
Human resources serves as the backbone of any organization, responsible for everything from talent acquisition to employee well-being....
Read MoreIs This Your Situation: You Need To Get Information From Your Financials
If you don’t understand your financials, you are impeding your ability to grow and prosper. What should you learn about your...
Read MoreWhat Is Fractional HR? An In-Depth Look
Fractional HR services are a modern approach to human capital that allows companies to leverage HR expertise on a part-time basis,...
Read MoreIntro to Business Tax Deductions
To be deductible, a business expense must be both ordinary — common and accepted in your industry — and necessary, helpful and...
Read MoreWhat Will Employee Retention Look Like in the Post-Pandemic Workplace?
Who could have predicted the disruption and change 2020 brought to the way we work? Now that we are starting to look ahead, past the loss...
Read MoreThe Role of an HR Consultant in Developing Effective Management Techniques
Table of Contents Introduction How HR Consultants Identify Pain Points How HR Consultants Cultivate Strong Pipelines How HR Consultants...
Read MoreFour Considerations For Small Business HR Growth
The consensus among HR leaders is that once you’ve reached the 20-employee mark, it is definitely time to hire a dedicated HR...
Read More3 Signs You Have Outgrown Your Employee Management Solution
Employee management software is pivotal to the success and overall flow of workforce management. At the very least, the employee management...
Read MoreWhy Do Small Businesses Hire Firms to Provide HR Advisory Services?
The foundation of any good company, whether a big multinational corporation or a small business, is only as strong as the people who work...
Read MoreHR Compliance Audit – What to Know, Where to Start
If you’re responsible for human resources in your company, then you know that staying compliant with state and federal laws is a...
Read MoreHow To Achieve Excellence in HR Service Delivery
The human resource function is responsible for providing services as well as support to employees during their time working for a company,...
Read MoreTop 8 Reasons For Why You Should Use Outsourced Accounting Services
Outsourced accounting services are not the right fit for everybody, but it might be a perfect fit for you. Even so, you may be wondering...
Read MoreWhy a Good Employee Handbook Is Important (and Often Overlooked)
Table of Contents Introduction What is an Employee Handbook? Key Components of an Effective Employee Handbook Benefits of Having a...
Read MoreEssential HR Compliance Checklists For Employee Management, Benefits, And Payroll Processing
Human resources, employee benefits and payroll processing functions are separate yet intertwined, and HR compliance checklists are...
Read MoreChoosing a Business Structure: C Corps, LLCs, PCs and S Corp
How to structure your business is one of the first, and most important, considerations a business must make. Following are details about...
Read MoreNew Independent Contractor Rules: Do They Affect Your Employees?
The Department of Labor’s final rule for employee or independent contractor classification under the Fair Labor Standards Act...
Read MoreThink Your Business Doesn’t Need an Employee Handbook? Think Again!
The employee handbook is no longer viewed as just a communication tool for employers. It’s now regarded as a protection strategy as...
Read MoreHow To Hire An HR Consultant: What To Consider Before Hiring An HR Consulting Firm
If you’re like most business owners, you don’t have a lot of time to spare. That’s why it’s important to do your research before...
Read MoreHR Compliance Checklist for a Successful Human Resources Audit
When it comes to HR compliance, businesses must take an active approach to ensure they meet all necessary regulations and requirements....
Read MoreDecoding Employee Engagement: Comprehensive Methods of Measurement
Table of Contents Introduction Why Measure Employee Engagement? Traditional Methods of Measuring Engagement Digital Approaches to...
Read MorePayroll Tax Rates and Contribution Limits for 2024
Understanding payroll tax rates and contribution limits is crucial for both employees and employers as it directly impacts financial...
Read MoreThe Importance of Confidentiality in HR
Human resource professionals are held to the highest standards when it comes to confidentiality. To see why, you only need to look at the...
Read MoreEmployee Engagement by the Numbers: Unveiling Critical Statistics
Table of Contents Introduction The Importance of Employee Engagement Statistics Global Engagement Trends Engagement Rates by Industry...
Read MoreThe 1099 Story: Which Version Should You Be Using?
As each calendar year draws to a close, many businesses have to think about their tax filing responsibilities. It can be confusing to...
Read MoreForm I-9 Basics
Form I-9 has been modernized, allowing E-Verify employers to remotely examine I-9 documents. All U.S. employers must complete Form I-9 for...
Read MoreArtificial Intelligence Enters the Tax Realm
Artificial intelligence offers a range of services to leverage for clients. Automation of mundane tasks and generation of insights and...
Read MoreAvoid Incomplete or Disorganized Records
Every employer covered by the Fair Labor Standards Act must keep records for each covered nonexempt worker. There’s no required form,...
Read MoreIs This Your Situation: Figuring Out What Expenses You Can Deduct?
“You can deduct that — it’s a business expense” is often casually tossed around, as if it gives business managers carte...
Read MoreMore Will Have to E-File in New Year
New rules, issued in early 2023, change a wide range of filing requirements. The goal, according to the IRS, is to increase e-filing...
Read More80 Innovative Employee Engagement Strategies To Boost And Empower Your Team
Employee engagement is more than just a buzzword; it’s a critical factor that can make or break a company’s success. High...
Read MoreHow To Create a Raise Policy
In most cases, employees anticipate receiving a raise after working a certain amount of time at your firm — usually, six months to a...
Read MoreDon’t Just Check the Box on Annual Performance Reviews
Performance management is a holistic approach that assists organizations in accomplishing their goals and objectives by continuously...
Read MoreIs This Your Situation: You Need To Get Information From Your Financials
If you don’t understand your financials, you are impeding your ability to grow and prosper. What should you learn about your...
Read MoreThe Problems with Incomplete and Disorganized Records
An unorganized and inefficient payroll process is a recipe for eventual disaster. If you rely on paper processes, both manual data entries...
Read MoreIs the Hybrid Work Schedule Here To Stay?
The hybrid experiment has gained traction. By 2023, Gallup research indicated the numbers among U.S. workers had stabilized at about 28%...
Read MoreNew 1099 Portal Helps with Upcoming Paper Filing Restrictions
The IRS has announced that starting in 2024, it is going to “reduce the 250-return threshold enacted in prior regulations to...
Read MoreLearn The Rules About Disability Discrimination
The Americans with Disabilities Act defends the rights of people with disabilities in the context of employment. Title I of the ADA...
Read MoreGifts for Employees: The Thought That Counts
Managers reap benefits from giving presents to their teams: Recipients may feel a morale boost and increased motivation to improve...
Read MoreBusiness Succession in the Post-COVID-19 World
This is not the first or last time you will hear this: COVID-19 changed everything. But it has had a specific impact on business owners who...
Read MoreWhat is keeping CFOs up at night?
Today’s CFOs face many concerns, which can be reduced to three overarching issues: The uncertain state of the economy, which is...
Read MoreWhy You Should Prioritize Succession Planning
What is succession planning? Succession planning is the process of identifying and developing employees to fill key leadership positions...
Read MoreWatch Out for Fake ERC Plans
ou may be aware of widely circulated promotions — ads on radio and the internet — touting refunds involving Employee Retention Credits....
Read MoreThe IRS Is Pushing Its ID.me Accounts
What is ID.me? ID.me simplifies how individuals prove and share their identities online. The idea is that you’ll have to verify your...
Read MoreHiring Temporary Help at the Office
Approximately 3 million temporary and contract workers are hired each year in the U.S., and managers have long relied on temps to keep...
Read MoreCannabis in the Workplace – How to Manage Maryland’s New Cannabis Laws
Cannabis in the Workplace – How to Manage Maryland’s New Cannabis Laws Beginning on July 1, 2023, Maryland will legalize the...
Read MoreWhy It’s Important to Prioritize Psychological Safety in the Workplace
Psychological safety is the belief that you can share your thoughts, opinions, mistakes, and ideas without fear of negative consequences....
Read More401(k) Plan Self-Audit: Do Not Overlook These 6 Areas
Under IRS and Department of Labor rules, employers whose 401(k) plans have over 120 eligible participants on the first day of the plan year...
Read MoreHow and When To File Prescription Drug Data Collection (RxDC) Data
Section 204 of the Consolidated Appropriations Act, 2021 requires insurance companies and employer-based health plans to report on...
Read MoreCOVID19 PHE Ending May 11th 2023: Helpful Tips for Medical Practices to Manage the Transition
As HHS Secretary Xavier Becerra announced in the letter to U.S. Governors, the COVID-19 PHE expired at the end of May 11, 2023. Department...
Read MoreCovid National Emergency Ending May 11th: What HR Compliance Needs To Change and How Can An HR Consulting Solution Help
On Jan. 30, 2023, the Biden Administration announced the COVID-19 national emergency and public health emergency declarations were ending...
Read MorePayroll Tax Rates and Contribution Limits for 2023
Below are federal payroll tax rates and benefits contribution limits for 2023. Social Security tax In 2023, the Social Security tax rate...
Read MoreHow to Organize a Retirement Party
Whether you are planning a retirement party for a coworker, a departing boss or even yourself, the most important rule is that it should be...
Read MoreHUBZone Program: Still Available, Changes Coming
According to the SBA, the HUBZone program fuels small business growth in historically underutilized business zones. The idea is to award at...
Read More5 Tips To Successfully Transition to A Manager Role
Moving from an individual contributor to a manager is a common career progression for many professionals. While it is an exciting...
Read MoreWill My Noncompete Agreement Hold Water?
You may want to require employees to sign noncompete agreements to keep them from working for rival companies. Will these protect the...
Read MoreKnow the Rules on Business Travel
Are you working on this year’s tax return or planning for the future? Either way, you should know the rules on business travel tax...
Read MoreNew IRS Portal for Form 1099 Series
The IRS has announced that businesses can now file Form 1099 series information returns using a new online portal, available free from the...
Read MoreThree Ways Employers Can Support Employee Wellness to Drive Retention
Employee wellness has become an increasingly important topic in the workplace, and for good reason. Not only is it important for the health...
Read MoreThree Considerations When Setting Pay
Your starting salaries should be competitive, fair, and aligned with your budget. Many factors come into play when striking this balance,...
Read MoreCash Flow Statements: The Key to Business Success
In the complex world of business operations, leaders often find themselves navigating a sea of financial statements and documents. While...
Read MoreBusiness Owners May Face Special Compensation Rules
S corporations allow the business to pass corporate income, losses, deductions and credits through to their shareholders for federal tax...
Read More5 Must Haves for Employee Recognition Programs that Work
According to a recent Gallup survey, it has been shown that approximately “36% of U.S. employees are engaged in their work and...
Read MoreIRS Establishes Mileage Rates for 2023
The IRS has issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business,...
Read MoreNew Law Ushers in Major Retirement Changes
There’s been buzz about new retirement plan provisions for weeks, and now they’re final, bringing about changes to various...
Read MoreShould You Reimburse Employees For Home Office Expenses?
What challenges have your employees been facing, and how can you offer the solutions they need? Deciding on a home office reimbursement...
Read MoreHow Do Taxes Work With Bonuses?
Bonuses, frequently given at the end of the year, are a popular “thank you” for a job well done, and smart business owners know...
Read MoreStaying Current on Labor Rules
Hiring staff? Good for you! It means your business is thriving. Now is the time to get up to speed or reacquaint yourself with any labor...
Read MoreUnderstanding the Maryland Saves Program: A Small Business Owner’s Guide
Table of Contents: Introduction The Maryland Saves Program: An Overview Why Choose the Maryland Saves Retirement Program? Who Is Eligible...
Read MoreWhat To Know About Fringe Benefits and Taxes
You can generally deduct the amount you pay your employees for the services they perform. The pay may be in cash, property or services. It...
Read MoreAre You Worried About Inflation?
When inflation is at play, the decline of the value of money and the incline in prices is a combination that impacts everyone. Not even...
Read MoreTips for Managers: How to Discuss Pay With Your Employees
During the normal course of business, managers are typically required to have conversations with their employees regarding compensation....
Read MoreEmployee Retention Credit: Over but Not Done
The federal government’s Employee Retention Credit proved to be a lifeline for many businesses and their employees. The eligibility...
Read MoreAre Your Employees Quiet Quitting? What Employers Need To Know
CBS News says, “There’s a new term for clocking in and doing the bare minimum at work: ‘quiet quitting.'” This...
Read MoreThe Affordable Care Act: A Review and Update
As explained on the official government health care site, the law has three goals: Make affordable health insurance available to more...
Read MoreFall planning? Remember the Maryland Time to Care Act
Fall planning is upon us and we want to make sure in addition to your thoughts around annual business strategies you are including the new...
Read MoreLease Accounting – Should You Lease or Buy?
When it comes to lease or buy, there are pros and cons to both options. In this post, we will explore the advantages and disadvantages of...
Read MoreFor Retro ERC, Use Form 941-X
Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund, may be your key to getting all the Covid relief...
Read MoreTake a Look at the Alternative Workforce
One of the most fitting descriptions of the alternative workforce comes from Deloitte. In the company’s words, they have said...
Read MoreHow To Create a Salary Plan
Don’t use guesswork when figuring out how much to pay your employees. You need a comprehensive, long-term plan to figure out a talent...
Read MoreIdentifying Breadcrumbing Signs and Keeping Candidates Engaged: A Guide to Ethical Recruitment
Competing for talent is not easy, especially in a tight labor market. To snag the most qualified candidates, employers must make a good...
Read MoreThe Strategic Role of the CFO
The chief financial officer of a company has always had a seat at the table, but the current business environment combined with changes...
Read MoreImprove Your Payroll Audits With Automation
Payroll is a core feature of all businesses, and it is very important as it heavily impacts the morale of employees. After all, if...
Read MoreIntegrated Timekeeping: A Strategy for Preventing Payroll Errors
Under the Fair Labor Standards Act, employers are required to maintain updated records of the hours worked by nonexempt employees....
Read MoreFlexible Work Is Key to Retention
In a flexible work arrangement, employees typically get to choose their work location and their work arrival and departure times. They may...
Read MoreQualities of a Good Payroll Technology Demo
A product demonstration or demo enables vendors to present the value of their product or service to prospective buyers. So if you’re...
Read MoreMaryland Enacts Paid Leave Law – What It Means For You
Last month the Maryland Legislation voted to pass a paid family and medical leave insurance program. Called the Time to Care Act, the new...
Read MoreHow To Choose a Financial Wellness Vendor
In a 2020 survey, 44.9% of respondents said they would view their employers in a better light if they provided a financial wellness...
Read MoreIs This Your Situation: You Want a Paperless Payroll
Paperless payroll is a paper-free payroll process that has become hugely popular in recent years. But despite the groundswell of support...
Read MoreHow To Hire In A Tough Labor Market
As a manager, you know how to promote your products. In a tough labor market, it may help you to view your job postings in the same way....
Read MoreCOVID-19 Pandemic and Caregiver Discrimination
Discrimination against a person with caregiving responsibilities may be unlawful under federal employment discrimination laws enforced by...
Read MoreExempt vs. Nonexempt: Where the Dividing Line Is
Employers covered by the Fair Labor Standards Act are required to pay nonexempt employees for all hours worked. It sounds simple enough,...
Read More7 Considerations When Preparing Your Payroll Budget
Most companies spend 20% to 30% of their annual revenue on payroll. The exact amount varies based on the employer’s size, industry,...
Read MoreIs This Your Situation: You’re Spending Too Much on Bookkeeping
Wondering what your options are to reduce spending and increase income? Here are some tips: Organizing your finances is the foundation for...
Read MoreIs This Your Situation: Feeling Overwhelmed by Payroll
Do you ever wish you didn’t have to go through the hassle of preparing a payroll? Maybe it was simple when you just had one or two...
Read MoreCan You Be Exempt and Nonexempt at the Same Time?
You can allow an employee to work two different jobs for your company. However, under the FLSA, you cannot classify an employee as both...
Read MoreUnemployment and Tax: Back to Normal
Unemployment income has always been taxable income. Those who apply for unemployment benefits can have federal tax, and any applicable...
Read MorePayroll Tax Rates And Contribution Limits For 2022
Below are federal payroll tax rates and benefits contribution limits for 2022. Social Security tax In 2022, the Social Security tax rate...
Read MoreIs 401(K) Auto Enrollment Right For Your Company?
Traditionally, employees have to opt into retirement plans and make their own decisions about contributions. But there’s another...
Read MoreHow To Retain Employees In A Tough Market
Imagine you’re a nursing home manager trying to replace a nurse’s aide. But the resumes aren’t coming in like they...
Read MoreIRS Announces Standard Mileage Rates For 2022
The IRS has issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business,...
Read MoreThe HHS Stimulus (PRF) Reporting Period 2 opened – What You Need to Know
Background: In April of 2020, the Department of Health and Human Services created the Provider Relief Fund in response to the rapid and...
Read MoreIRS Announces 2022 Limits for Retirement Plans
The IRS has announced the new retirement plan numbers for 2022. Retirement limits for 401(k) and similar plans are up. The contribution...
Read MoreCan You Clearly Explain Your Health Insurance Plan?
According to a report by the International Foundation of Employee Benefit Plans, just 19 percent of employers say their employees had a...
Read More7 Ways To Manage the Worker Shortage
Many businesses are struggling with a worker shortage. It is happening across the board: staff shortages at our doctors’ offices, at...
Read MoreAn FMLA Questionnaire To Keep You Compliant
Employer coverage – Is your business covered by the Family and Medical Leave Act (FMLA)? You must adhere to the FMLA if you employ at...
Read MoreOn-Demand Pay: A Growing Payroll Trend
A 2020 report by Ernst & Young says on-demand pay is “the term used to describe a category of financial products that give...
Read MoreWhat Is the Cost of Employee Vacancies?
How much money is lost when you leave a position vacant? There’s a financial impact to keeping a role open. Efficient, productive...
Read MoreDigital Dexterity: The Goal of a Successful Workplace
The workplace of the future is no longer abstract. It is a reality, but a reality that is different for each business. Every workplace has...
Read MoreTaxable and Nontaxable Employee Benefits
As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means...
Read MoreProtecting Wealth Through the Use of Family Offices
Family offices act as the heart of a family’s operations, doing everything from managing their financial lives to overseeing their...
Read MoreThe Whys and Hows of Outsourcing Payroll
In Bloomberg Tax & Accounting’s 2019 Payroll Benchmarks Survey, 69.2% of respondents said they used outside vendors to perform...
Read More5 Must-Haves for Any Payroll Solution
Studies show that the vast majority of employers use payroll software, which saves time by automating manual processes and decreasing...
Read MoreEEOC Provides Updated Guidance on COVID-19 Vaccine Policies
The Equal Employment Opportunity Commission has updated its guidance on workplace COVID-19 vaccine policies. The agency’s original...
Read MoreSick and Family Leave Reporting Guidance
The Treasury Department and the IRS have issued Notice 2021-53, which provides guidance to employers about using Form W-2 to report...
Read MoreHow To Handle Your First Payroll
Regardless of whether your first payroll involves a few employees or many, the goal is to execute payroll in an accurate and compliant...
Read MoreEmployee Retention Credit: Further Guidance
In COVID Tax Tip 2021-123, the IRS clarifies some of the confusion surrounding the powerful but complex Employee Retention Credit. The IRS...
Read MoreVaccine Mandates: The Elephant in the Room
COVID-19 and its variants continue to disrupt the way we live, work and play. The population disagrees on whether to wear masks or be...
Read MoreShould Employees Get Paid for Orientation & Training?
It is not uncommon for a new hire to pose the question: Do you get paid for orientation? Orientation formally introduces the new hire to...
Read MoreShould You Pay an Employee Who Resigns With Two Weeks’ Notice?
An employee who resigns with two weeks’ notice may think they are doing you a favor. But in fact, it can be a payroll headache,...
Read MoreWhy Use Time and Attendance Software?
Documentation is key to wage and hour compliance. Simplify time tracking by automatically calculating hours worked as well as vacation...
Read MoreWhat Can a Payroll Service Do for You?
Even if your business has only a few employees, you may be considering outsourcing your payroll processing to a specialist. What can a...
Read MoreCreate a Strategy To Bring Back Workers
“Going back to the office” takes on new meaning after more than a year of working from home. Some people are excited to get...
Read MoreHealth Insurance Alternatives for Small Businesses
Employer-based health insurance costs have increased modestly since 2012 — between 3% and 5% annually for family coverage, according to a...
Read MoreExecutive Order Targets Noncompete Agreements
These days, many employees at companies large and small to sign an agreement when they’re onboarded. It says that they’re not...
Read MoreWhat Employers Need to Know About FICA Taxes
The Federal Insurance Contributions Act (FICA) mandates that employers have to withhold, and also match, certain taxes. FICA consists of...
Read MoreEEOC Publishes Updated COVID Guidance
As workplaces resume in-person operations, or at least consider doing so, there are many questions about the rules and requirements....
Read MoreAffordable Care Act Upheld — Again
In a 7-2 decision, the U.S. Supreme Court upheld, again, the Affordable Care Act. Texas and other states had sued to overturn it. The...
Read MoreRetirement Plan Startup Costs Tax Credit
A tax credit for small-employer pension plan startup costs may be awaiting you. You may be able to claim a tax credit of up to $5,000 when...
Read MorePlanning Ahead for Tax Credits and Deductions
Everybody wants to pay as little in taxes as possible. Most people use software or hire an accountant to help them find all the deductions...
Read MoreWhat Is a Money Purchase Pension Plan?
A money purchase pension plan is an employee retirement benefit plan that requires companies to contribute a specific percentage of an...
Read MoreIRS Adjusts HSA Limits for 2022
As it does each year, the IRS has announced changes for health savings accounts, which are associated with high-deductible health plans....
Read MoreDo You Need an Economic Injury Disaster Loan?
Even before the pandemic, the Small Business Administration offered Economic Injury Disaster Loans for “losses not covered by...
Read MoreHow Do Holidays Affect FMLA Leave?
The Family and Medical Leave Act (FMLA) dictates that employers with 50 or more employees must give eligible employees up to 12 weeks of...
Read MoreA Checklist for Navigating Open Enrollment
Before Open Enrollment – Reflect on the previous open enrollment period. Note the successes and failures and formulate a strategy for...
Read MoreWhen You Have an HR Department of One
At a minimum, the human resources department handles: Recruiting. Hiring. Compensation. Employee benefits. Training and development....
Read MoreHow Much FMLA Leave Should Part-Time Employees Receive?
To take leave under the Family and Medical Leave Act, an employee must: Work for an employer that has least 50 employees for 20 or more...
Read MoreEmployers Get Tax Breaks for Vaccination Leave
Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse them for the cost of...
Read MoreRepaying Deferred Payroll Taxes
IRS Notice 2020-65 allowed employers to defer withholding and payment of the employee’s Social Security taxes. This deferral applied to...
Read MoreRethinking Your Employee Benefits Strategy
In the past, as long as you provided health insurance and retirement benefits, your benefits were considered competitive. Now, the pressure...
Read MoreHiring in a New Era
As you create your company’s hiring plan for a post-pandemic world, you need to adapt to a new reality. To begin with, you will need...
Read More7 Key Aspects of Payroll Compliance
1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage and hour standards, which are administered by the U.S....
Read MoreEmployment Records Retention: What Are the Federal Laws?
How long do you have to keep records? There’s no one answer. However, we’ve summarized some of the most common federal laws...
Read MoreCommon Overtime Mistakes To Avoid
There are many ways to run afoul of overtime laws. Below are some of the most common — review them to ensure that you’re always in...
Read MoreCan Employers Mandate Vaccinations?
Can an employer require its employees to get vaccinated against COVID-19? It’s a simple question, but one that does not have an easy...
Read MoreAn Overview of Federal and State Overtime (OT) Exemption Laws
On Sept. 24, 2019, the U.S. Department of Labor issued a final rule increasing the salary threshold for executive, administrative, and...
Read MoreAre Your Employees Cross-Trained?
When employees quit or miss work for some reason, when layoffs become necessary, or even when it’s just a matter of busy season,...
Read MoreWhat Are Predictive Scheduling Laws?
At times, you may want to suddenly change an hourly employee’s work schedule to better suit your business needs. However, several...
Read MoreEmployee Retention Tax Credit Gets a Boost
The second relief bill, passed at the end of 2020, contains updates to the employee retention credit, a refundable payroll tax credit. Each...
Read More5 Time Sensitive Projects Medical Practices Can’t Ignore in 2021
Medical practices should prioritize these 5 time-sensitive projects for the first quarter of 2021. Ever-changing government regulations,...
Read MoreUnitedHealthcare Telehealth and Telemedicine Policy Modifications Effective 1/1/2021
In the latest Provider Newsletter, UnitedHealthcare (UHC) revealed their revised telehealth reimbursement policies for 2021. Among the...
Read MoreIRS Updates Form 941 To Reflect COVID-19 Tax Credits
The IRS has revised Form 941, Employer’s Quarterly Federal Tax Return, to accommodate COVID-19-related employment tax credits granted...
Read MoreWhat the Taxpayer First Act Means for Employers
According to the IRS’ website, the Taxpayer First Act of 2019 “aims to broadly redesign” the IRS by expanding and...
Read MoreCash Balance Plans: Defined-Benefit with a Twist
Both individuals and the companies they work for continue to explore new ways to address the finances of retirement. One option is the cash...
Read MoreCMS Physician Fee Schedule and RVU Value Changes for 2021 – 7 Areas to Consider
The Centers for Medicare and Medicaid Services (CMS) released its proposed rule for the 2021 Medicare Physician Fee Schedule (PFS) in...
Read MoreMedicare AAPP Recoupment Terms Finalized
A sigh of relief can be heard amongst the medical community last week. Lawmakers granted an extension for providers who had their...
Read MoreMedicare Accelerated Payment Program’s Recoupment Paused for DC and Maryland Providers
Backround The Centers for Medicare and Medicaid’s (CMS) Accelerated Medicare Payment program provided advance payments to a significant...
Read MoreNew CPT Code 99072 Usage and Coverage
Early this month, the American Medical Association (AMA) published an update to the Current Procedural Terminology (CPT) code set. ...
Read MoreHHS Stimulus Deposits To Physician Practices
On Friday, April 10th medical practices started to notice large deposits appearing in their business checking accounts labeled “HHS...
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