Category Archives: Employment Taxes

How PEOs Help Small Businesses and Their Employees

• By providing payroll, benefits, and HR services and assisting with compliance issues under state and federal law, PEOs help small businesses to improve productivity and profitability, to focus on their core mission and to grow. • Businesses that use PEOs grow 7 to 9 percent faster, have employee turnover that is 10 to 14 […]

Indiana Congresswoman Addresses Congress about the importance of PEOs for small businesses

On April 17, 2023 Erin Houchin noted to the US congress that May 21 through May 27, 2023 was National PEO week. Here is the text of her address: COMMEMORATING NATIONAL PEO WEEK HON. ERIN HOUCHIN of Indiana in the U.S. House of Representatives – Monday, April 17, 2023 Mrs. HOUCHIN. Mr. Speaker, I rise […]

Payroll Tax Deferral Confusion for Business Owners

On August 8, 2020 President Trump issued an Executive Memorandum allowing employees who make less than $104,000 per year to defer their payroll tax withholding starting September 1 through the end of 2020. The intent was to keep more money flowing through the economy to counteract the economic impact of the coronavirus pandemic and to […]

The Gig Economy Shrinks?

A recent US Department of Labor study shows that the percentage of workers in an employer/employee relationship has increased in many industries despite the much discussed rise of the freelance or “gig” economy. According to an article in the June 8, 2018 Wall Street Journal: “The Labor Department’s Bureau of Labor Statistics released on Thursday […]

IRS Releases New W-4 and Tax Withholding Calculator

On February 28, 2018, the IRS issued its new 2018 Form W-4 and 2018 withholding tax calculator, along with additional guidance, to help taxpayers review their 2018 federal tax withholding elections in light of the newly passed Tax Cuts and Jobs Act of 2017 (TCJA or HR 1). Employers should share this information and the […]