Tag Archives: Payroll
Required Year-End Reports for Businesses
At the end of each year, businesses like yours must prepare a few important reports to comply with legal and financial requirements. Here’s a brief guide to the most common end-of-year reports companies should prepare: Employee Tax Forms. These forms are important to maintain tax compliance and to report employee earned income. W-2 Forms:Continue Reading
Impact of the New Overtime Rule During the Upcoming Compensation Season
As the year comes to an end, businesses are preparing for the year-end review process, and compensation plans are top of mind. With potential raises, bonuses, and other incentives in the horizon, employers also need to address the U.S. Department of Labor’s (DOL) upcoming changes to overtime rules taking effect on January 1, 2025.Continue Reading
Providing Employees Time Off to Vote
With Election Day a couple of months away and record turnout expected in many states, it’s important for employers to understand their obligations when it comes to employee voting leave. It’s crucial to stay compliant while supporting your employees’ right to participate in elections. Providing Employees Time to Vote Employers must understand their responsibilitiesContinue Reading
Understanding the Recent Court Ruling on Tip Credits
If you own a restaurant or are involved in the hospitality industry, there’s been a recent court decision you should know about. The Fifth Circuit Court of Appeals struck down a controversial rule from the Department of Labor (DOL) known as the “80/20/30 rule.” This ruling provides relief for employers struggling with the complexitiesContinue Reading
Update On The New Federal Overtime Rule
Rule goes into effect today, for most. A Win for The State of Texas as an Employer According to Fisher & Phillips LLP, the state of Texas, as an employer, is exempt from complying with today’s new exempt salary threshold due to a Friday court order. This exemption applies solely to the state itself;Continue Reading
Our New Portal Improves HR Task Management Efficiency
Save more time and money while also reducing stress. Running a business can be quite overwhelming. You are working to expand and make a profit while also managing day-to-day human resources (HR) tasks. To enable you to focus your efforts on activities that actually grow your business, we created a portal that will enhanceContinue Reading
Fringe Benefits
Why acting early may save you money and risk. What are non-cash fringe benefits? Non-cash fringe benefits are benefits an employee doesn’t receive cash for but does get taxed on. Some examples of commonly used fringe benefits are gift cards, Group Term Life Insurance greater than $50,000, personal use of a company vehicle, orContinue Reading
Breaking News!
With these penalty amounts rising, companies must make sure they remain compliant with employment laws. UniqueHR can provide compliance assistance with employment laws and regulations and help your employees better understand their rights and responsibilities. Reach out today to learn more about our partnership opportunities.
With UniqueHR, filing taxes doesn’t have to be a burden
The IRS tax filing deadline is upon us again. Filing with the necessary thoroughness and meticulous care can be challenging for business owners. Still, it does not have to be with the help of UniqueHR’s PEO services. Handling payroll and payroll taxes are one of the primary services UniqueHR offers. We can take the stress of siftingContinue Reading
UniqueHR can offer your growing business peace of mind
Administrative responsibilities such as payroll, benefits, HR (human resources), risk management, and compliance can create time and financial burdens. As a result, they force an owner’s attention away from their business’s core mission and hinder potential profitability. Seeking out an experienced and reliable Professional Employer Organization (PEO) such as UniqueHR to manage these integral partsContinue Reading
PEO and the Pandemic
A new study by McBassi & Company surveyed PEO clients across the nation concerning the COVID-19 Pandemic. The results are right in line with the feedback UniqueHR received from our clients. Concerning PPP Loans: 98% of PEO clients’ PPP loan applications were successful. PEO clients were more than twice as likely to receive PPP loans–65.9%Continue Reading
Payroll Tax Delay- The Memorandum in 6 Points
Summary of President Trump’s Payroll Tax Memorandum Prepared by Davis and Harman The payroll tax memorandum was signed by President Trump on August 8, 2020. It directs the Secretary of the Treasury to implement a delay of certain employees’ obligations to pay certain Social Security taxes. The Payroll tax provision awaits Treasury guidance and accordingContinue Reading