Read more about the article What Is The Work Opportunity Tax Credit and How Can I Claim It?
Man and woman with documents in an office, smiling, close up

What Is The Work Opportunity Tax Credit and How Can I Claim It?

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers that hire individuals from certain “targeted groups” that have consistently faced significant barriers to employment. An employer may claim the WOTC for wages paid to these individuals during their first year of employment, as long as they are hired on or before Dec. 31, 2020, and work at least 120 hours for the employer during that first year. WOTC is calculated as: 25% of the wages paid to…

Continue ReadingWhat Is The Work Opportunity Tax Credit and How Can I Claim It?

Parents Working & Balancing Virtual Learning

BALANCING WORK AND KIDS GOING BACK TO SCHOOL The coronavirus (COVID-19) pandemic makes it a school year like no other. Parents have had to make difficult decisions about whether to send their children back to school in person, enroll in virtual learning or opt for a combination of the two. Whether students are learning in a classroom or virtually, parents may find themselves having to balance work responsibilities with virtual learning or child care responsibilities at the same time. Parents face a…

Continue ReadingParents Working & Balancing Virtual Learning

State Disability Insurance Laws: California

A small number of states, including California, require employers to provide disability benefits to employees for non-work-related illnesses or injuries. In California, employers are required to participate in the State Disability Insurance (SDI) program, which includes disability insurance and paid family leave benefits. Instead of participating in the SDI program, California employers may apply to a state agency for approval of a voluntary plan that pays disability insurance and paid family leave benefits. A voluntary plan must include all of the SDI…

Continue ReadingState Disability Insurance Laws: California

5 Ways to Manage Poor Workplace Performance Among Remote Workers

A successful business is all about accountability. Each worker’s individual contributions build on one another and culminate into something greater, to the benefit of the company and its customers. Conversely, when some individuals struggle with their performance, the entire organization can suffer. Unfortunately, addressing poor performance isn’t always easy. This is especially true amid the COVID-19 pandemic, as remote working often makes accountability more complicated. This article offers five tips to help employers manage poor performance in the workplace, even while everyone…

Continue Reading5 Ways to Manage Poor Workplace Performance Among Remote Workers
Read more about the article Employee or Independent Contractor?
Elevated View Of A Male Manager Shaking Hands With Female Applicant At Workplace

Employee or Independent Contractor?

Employee or Independent Contractor? Hiring an independent contractor offers employers many advantages. Unlike for traditional employees, employers do not pay taxes on independent contractors’ wages, and are not expected to provide benefits. Employers often save 30 to 40 percent on labor costs by using independent contractors. In addition, as independent contractors are generally hired for a specific period or project, employers have no obligation to rehire them after each contract period or project is complete. However, employers should be cautious when classifying…

Continue ReadingEmployee or Independent Contractor?

End of content

No more pages to load