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What Is Pay-As-You-Go Workers’ Comp?
Some form of workers’ compensation has existed since 1911. While workers’ compensation has existed for many years, pay-as-you-go workers’ comp is a fairly new development. With this alternative payment option, you can simplify your premium payments, avoid deposits,...
What Is Pay-As-You-Go Workers’ Comp?
Some form of workers’ compensation has existed since 1911. While workers’ compensation has existed for many years, pay-as-you-go workers’ comp is a fairly new development. With this alternative payment option, you can simplify your premium payments, avoid deposits,...
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Is Outsourcing HR Right for Nonprofits?
When you're managing a non-profit organization, every dollar counts towards achieving the mission and the allocation of resources demands careful consideration. Human Resources (HR) management stands as a critical function within these organizations, ensuring the...
Addressing the Accounting Shortage: Challenges & Solutions
In the intricate world of finance, where numbers wield tremendous power, the role of accountants is indispensable. However, the accounting profession is currently facing a significant challenge: a staffing shortage that has been steadily growing over the past few...
How to Communicate New FLSA Overtime Regulations to Employees
On April 23, 2024, the Department of Labor (DOL) released a final rule that updated Fair Labor Standards Act (FLSA) salaries for overtime-exempt workers. The new changes will occur in a two-step progression. In July, employers must start paying overtime-exempt...
U.S. Drug Enforcement Administration Recommends Rescheduling Marijuana To Schedule III, Similar to Tylenol With Codeine
By Kathryn J. Russo, Jackson Lewis Law Firm The U.S. Drug Enforcement Administration will recommend that marijuana should be rescheduled from a Schedule I drug to a Schedule III drug, according to an announcement made April 30, 2024 by the U.S. Department of Justice. ...
9 Key Elements of an Overtime Policy
The Fair Labor Standards Act (FLSA) was originally created in 1938. Since that time, the FLSA and Department of Labor (DOL) regulations have governed the provision of overtime in the United States. In April 2024, the FLSA received a major update for the first time in...
OFCCP Releases New Artificial Intelligence Guidance
By Laura A. Mitchell & Alyssa J. Calabrese, Jackson Lewis Law Firm The Office of Federal Contract Compliance Programs (OFCCP) announced ton April 30, 2024 the release of a new Artificial Intelligence (“AI”) landing page. The landing page, which encourages readers...
Tips for Restaurants, Retailers When Faced With Sabbath Day Requests
by Andrew F. Maunz, Jackson Lewis Law Offices Imagine you manage a busy restaurant, and you are working on the schedule for next week. Saturday is your busiest day, and you need all hands on deck, so you need to schedule everyone for that day. Just when you have the...
What Is Pay-As-You-Go Workers’ Comp?
Some form of workers’ compensation has existed since 1911. While workers’ compensation has existed for many years, pay-as-you-go workers’ comp is a fairly new development. With this alternative payment option, you can simplify your premium payments, avoid deposits,...
New FLSA Overtime Salary Threshold
“The way you communicate things to your employees is going to significantly change how they accept what you do.” In episode #100 of Mission to Grow, the Asure podcast that serves as small business owners' guide to cash, compliance and the War for Talent, VP of HR...
Is Outsourcing HR Right for Nonprofits?
When you're managing a non-profit organization, every dollar counts towards achieving the mission and the allocation of resources demands careful consideration. Human Resources (HR) management stands as a critical function within these organizations, ensuring the...
Small Business Insights: Celebrating 100th Episode of the Mission to Grow Podcast
The 100th episode of Mission to Grow Podcast, a small business guide to cash, compliance, and the war for talent, dropped this week. Hosted by the HCM industry veteran Mike Vannoy, the weekly podcast delivers practical insights, compliance-oriented content, and expert...
The 5 Most Common Workers’ Comp Audit Issues
At the end of a workers’ comp policy, the insurer performs an audit to see if they charged you the correct amount. Your annual premium charges are based on payroll for the previous year, which can change significantly. While some variation is normal, it’s important to...
Demystifying the Anti-Money Laundering Act: Intentions, Rules, and Impact
In an era where financial crimes pose significant threats to global economies, governments around the world have been ramping up efforts to combat money laundering and terrorist financing. One of the cornerstone pieces of legislation in this endeavor is the Anti-Money...
The Top 10 Reasons to Switch to Pay-As-You-Go Workers’ Compensation
In 1911, the first workers’ compensation plan was adopted in the United States. Over the years, workers’ compensation insurance has developed strict regulations. Rules can vary from one state to another, which can make it difficult to follow the applicable regulations...
HR Compliance Update | May 8, 2024
FEDERAL UPDATES Exempt Salary Threshold. As expected, the DOL finalized a rule raising the federal exempt salary threshold for the EAP exemptions (executive, administrative, professional), as well as the HCE exemption (highly compensated employees). Unexpectedly, it...
How ACA Reporting Services Can Help Your Small Business
How will the Affordable Care Act (ACA) impact your operations? More importantly, what is ACA reporting and how do you fulfill your requirements? As long as you have at least 50 full-time workers, you are required to meet ACA requirements. To fulfill this obligation,...
Finance Tips for Small Businesses: Navigating a Limited Labor Market
If you want to run a smart business, winning in the “street fight” economy is a necessity. A tight labor market, pressures on economic growth, and high-interest rates make competing as a small business owner difficult. If you’re searching for the best finance tips for...
What Are the ACA Reporting Requirements for Employers?
After the Affordable Care Act (ACA) was enacted in 2010, it quickly transformed the insurance requirements companies had to meet. Because of ACA requirements for employers, medium and large organizations are now required to offer health insurance. In addition, many...
Pay-As-You-Go Worker’s Comp: Cost Advantages For Businesses – Mission to Grow
“There are people that just ignore their audit. Which is always a terrible idea.” In episode #99 of Mission to Grow, the Asure podcast that serves as small business owners' guide to cash, compliance and the War for Talent, VP of Partner Strategy at E-COMP, Robert...
How to Determine If You Are an Applicable Large Employer Under the ACA
If you are considered an applicable large employer (ALE) under the Affordable Care Act (ACA), then you will need to determine the ACA benefits of each employee. Then, your full-time workers must be given access to health insurance. The ACA carries strict penalties if...
Transitioning to the CAS Model: 7-Step Guide for CPAs
In recent years, the accounting profession has witnessed a notable shift towards Client Accounting Services (CAS), an advisory model that focuses on providing comprehensive financial management solutions to businesses. This transition represents a significant...
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