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How to set up a payroll process: 10 steps

Insperity

Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Also, there are some states and local governments that require separate ID numbers in order to process taxes. Independent contractor. Set your pay cycles.

Payroll 262
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Successful mergers and acquisitions: How a PEO can help

Insperity

From the early stages of your company, to the M&A due diligence process and through the integration of the purchased firm, a PEO can simplify HR administration and smooth the often-turbulent acquisition process. The challenges have been identified, and you can move forward confidently with the purchase.

Payroll 170
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5 steps to more financially stable employees

Insperity

Take purchasing car insurance, for example. Also, historically, the federal government will relax requirements when there is a natural disaster declared in a given region. They can be referred to an attorney and get a consultation. Or, maybe employees want to create a will and need legal advice.

Insurance 194
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Demystifying Tax Jargon

Success

The existing tax system was set up “to incentivize certain behaviours, things like charitable giving and homeownership … But then, in the 1950s… [governing bodies] introduced tax write-offs as a way for businesses to reduce their taxable income, and things have just gotten more complicated since then,” says Kiersten.

Legal 105
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Book Review – An Introduction to Management Consultancy

Workplace Psychology

An Introduction to Management Consultancy by Marc Baaij is a book that really pulls back the curtains and reveals the inner workings of management consultancies. I have never seen a book about management consulting like this before. Applying to a Management Consultancy.

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How to Create Strategic Partnerships

Success

An online survey conducted by Forrester Consulting in 2019 found that 49% of respondents saw revenue boosted by partnerships and 77% of respondents saw “partnership development as central to their 2019 sales and marketing strategy.” . The formula for a successful strategic partnership may seem easy: 1 + 1 = 3.

Retail 98
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10 Easy Ways to Sabotage Your Payroll Process

Insperity

No matter the level of government, tax laws and regulations can change often and without notice. Depending on which government agency you’re dealing with, payroll information must be stored for a specific period of time. Mishandling or ignoring the garnishment process can lead to government penalties and fines.

Payroll 100