If you run your business operations through two or more corporations, the different entities may share some of the same employees. In that case, you can save payroll taxes by using a "common paymaster." Instead of having each business pay Social Security and Medicare tax for shared employees, common paymasters remit the appropriate amount of [...]
You may have legitimate reasons for monitoring some of your employees' communications at work, particularly emails generated on company servers. Creating a policy to monitor such activities requires a delicate balancing act to protect your company and gain access to the information you need, without violating employees' legal privacy protections. Reasons to Monitor Emails Why [...]
The U.S. Department of Labor (DOL) is advancing a proposal that would enable 401(k) plan sponsors to automatically transfer account balances up to $5,000 of former participants who have left the company. The amounts would be transferred to the 401(k) plan of an employee's new employer. Assets transferred using this "auto portability" approach would make [...]
The employer's role in documenting alien employees is a balancing act. Under the Immigration Reform and Control Act (IRCA) you must verify through examination of certain documents that your employees are authorized to work in the United States. At the same time, you must avoid unfair employment practices. By law, you must complete an I-9 [...]
Department of Labor, which enforces employment rules for several other federal agencies. Paying employees means more than just issuing checks. Your company also needs to keep accurate records for current and past employees for a certain period of time. There are record requirements from both the IRS and the U.S. These records include the following [...]
With the holidays fast approaching, you might want to reward your employees for all their hard work in 2018. Gift-giving ideas include gift cards, holiday turkeys and achievement awards. Although your intent may be essentially the same in all these situations, the tax outcome for recipients of your goodwill may be quite different. Typically, it [...]
HR&P brings you another University of Houston Photo of the Game
University of Houston Game Winning Photo of the Week, brought to you by HR&P – Human Resources & Payroll
HR&P is honored to be recognized by the Houston Business Journal as one of the 2018 TOP 10 Best Places to Work in Houston. Congrats to our entire staff for this wonderful achievement!! #HBJBPTW #HRP To view the entire list of medium sized companies: https://www.bizjournals.com/houston/subscriber-only/2018/10/24/best-places-to-work-medium.html [...]
Here are two critical questions: How often are Workers' Compensation claims filed against your company? And how often do you contest them? The answers are important. The National Council on Compensation Insurance recently estimated that 25 too 33 percent of all Workers' Compensation claims are invalid, yet less than 10 percent of these claims are [...]
