Category
Business Expenses
Contact Us Now

What is Trump’s Employee Payroll Tax Deferral program?
Is your head spinning yet? There have been a dizzying array of federal, state and local financial programs launched to help employers and give economic stimulus to the struggling American economy.  The latest program is the Employee Payroll Tax Deferral program, and it has generated a good number of questions to our office from companies......
SBA Publishes the PPP Loan Forgiveness Application
The U.S. Small Business Administration (SBA) just released the Paycheck Protection Program forgiveness rules through the publishing of the PPP Loan Forgiveness Application. With worksheets and instructions, the SBA has given employers a better understanding of how the forgiveness application process will go. So, what did we learn?  Here are the bi...
What are the basic rules for PPP Loan Forgiveness?
In April, small/mid businesses all over Florida jumped at the chance to obtain SBA loans to help stay in business and fund payroll. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Paycheck Protection Program (PPP) authorized billions for qualifying businesses to obtain loans for payroll, benefits, rent and other costs, and the ke...
Non-Working Employees Payroll and Work Comp Premium Calculation
As employers are struggling to maintain business operations, or are confronting a full or partial shutdown, every cost and expense is being closely scrutinized.  The organization that regulates workers’ compensation rates, NCCI, recently published some FAQs for employers and carriers about the COVID-19 situation.  Individual states will app...
New DOL Regulations (FFCRA) – How to Document Exempt Status from Paid Leave
The much anticipated Department of Labor Regulations (temporary) were just published on Wednesday, April 1. The new regulations explain how an employer with fewer than fifty (50) employees must document its declared exemption from the paid Emergency Paid Sick Leave and Emergency FMLA.  Here are the new DOL Regulations on the FFCRA. What employers ...
Department of Labor’s New Paid Sick Leave and Expanded FMLA Poster (English and Spanish)
On March 25, the Department of Labor released the NEW FFCRA Employee Rights Poster for paid sick leave and expanded Family and Medical Leave. Click to download FFCRA poster (English).  On Friday, the Spanish version of the FFCRA poster (spanish) was made available. Employers with fewer than 500 employees are required to post a notice......
New Overtime Rule: Exempt Threshold To Increase from $23,660 to $35,568 January 1, 2020
WHAT HAPPENED? This Tuesday (September 24, 2019), the Department of Labor announced the following changes to the FLSA’s white-collar overtime exemptions, to become effective January 1, 2020: The minimum salary threshold for exempt status will be $684 per week, annualized to $35,568 per year. The highly compensated employee exemption’s total...
2019 Florida Minimum Wage Increase
Don’t Forget – Workplace Posters Must Be Updated! On October 24, 2018, the Florida Department of Economic Opportunity announced that the 2019 Florida minimum wage will be increased from $8.25 to $8.46 per hour, effective January 1, 2019. The agency is mandated to calculate a minimum wage rate each year based on the percentage increase.....
What’s so funny about the updated ACA Exchange Notice Form?
Guess what was revealed in the latest ACA form update?  The federal government assumes that your business has a full-fledged HR Department.  I doubt this comes as any surprise to our small-to-mid-sized clients! Earlier this year, the Department of Labor made a minor change to its model Health Insurance Exchange Notices, the ACA Marketplace notice...
What is an Accountable Plan (IRS) for Employee Business Expenses?
A business expense reimbursement or allowance arrangement is a system by which a company pays advances, reimbursements, and charges for an employee’s business expenses.   How your company reports a reimbursement or allowance amount depends on whether the company has an accountable or a non-accountable plan. According to the IRS, if a single pay...
Need on-going HR support?
We have affordable HR retainers that offer a unique alternative to full HR outsourcing or the hiring of a full time HR employee. We design unique solutions to match your business strategy and budget. We have a proven track record of helping companies from many industries. We listen and probe to understand your needs and goals, before we offer recommendations and realistic solutions.
Contact Us Now