Hiring a new employee involves more than just onboarding and orientation. Two critical compliance requirements, E-Verify and state new hire reporting, must be addressed early in the employment process. These systems are essential for verifying work eligibility and meeting government mandates, and at FocusPay Solutions, we provide the tools and support to help you manage them effectively.
Posted in Payroll, HR & Benefits
Managing payroll tax obligations is a critical part of running a business. For small and mid-sized companies, the risk of IRS penalties, interest charges, and compliance issues can be overwhelming. The information below highlights common penalties imposed by tax agencies and offers suggestions to help employers ensure they meet IRS requirements.
Posted in Payroll, HR & Benefits
As we approach 2025, it is essential for businesses to stay updated on recent changes impacting payroll, benefits, and compensation. This year brings several key updates, including an increase in the IRS standard mileage rate for business use, adjustments to 401(k) contribution limits, and a significant legal decision affecting overtime regulations. Below, we break down these changes and their implications for your payroll operations.
Posted in Payroll, HR & Benefits
