Tips on Outsourcing Your Small Business Payroll
For those small business owners who find that they just don’t have enough hours in the day to get everything done, outsourcing certain company operations, such as payroll, can be cost-effective. It can also relieve stress and reduce the possibilities of errors. Among some of the greatest benefits of outsourcing your payroll is that it gives you, as the business owner peace of mind knowing that payroll is being completed by professionals. A few of the other benefits are: Reduces payroll mistakes Payroll is completed on time each week Greatly...
read moreIRS Announces 2012 Standard Mileage Rates
The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 55.5 cents per mile for business miles driven 23 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations The rate for business miles driven is unchanged from the...
read moreWhy you should not put I-9’s in employee personnel files
You should not put I-9 forms within an employee’s personnel file. You will get Form I-9s from the United States Citizen and Immigration Services (USCIS). These forms are used for all employees to verify that you have checked their eligibility to be employed within the United States. Instead of keeping the I-9 Forms in separate personnel files, you should keep all of these forms within a separate folder for the USCIS. The government maintains the right to inspect these forms. If the government does come to inspect the Form I-9s, you do...
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