Oct 31
The Deadline to Comply with the New Overtime Rules is Approaching
If you haven’t started planning for the upcoming overtime changes, now is the time. As a reminder, on May 18, 2016, the U.S. Department of Labor (DOL) released a new rule regarding overtime wage payment in the United States. This new increases the salary threshold that “white collar” employees must meet in order to qualify for an overtime wage payment exemption. Employers must comply with the new rule by Dec. 1, 2016. Given the significant impact this change could have on your company’s bottom line, it is important to start examining your payroll records and re-evaluating your overtime policies now…
Apr 28
What Are the Differences Between a Professional Employer Organization (PEO) and a Payroll Company?
We have met with countless small business owners over the years and learned they have some specific things in common, no matter the industry or size of the company. First, small business owners are busy. They do not have extra time to spend processing payroll, fielding employee benefits questions or researching human resources best practices. If they do happen to have extra time, they would much rather spend it with their family and friends than dealing with administrative headaches. This leads many business owners to consider available options to help with some of the time-consuming tasks related to running a…
Jan 5
What is a 1095 Tax Form?
This year, as a result of regulations in the Affordable Care Act, employees will be receiving a new tax document in addition to their W-2 form. These forms will contain information that employees need to file their 2015 individual income tax returns. These forms may be sent by the health insurance provider and/or the employer (or A Plus Benefits for some clients) depending in the form required. Form 1095-A If your company participates on a health plan outside of A Plus Benefits that is from the health insurance marketplace, or if your employees have a plan they obtained on their own…
Sep 29
The Do’s and Don’ts of Final Paychecks
One of the most common questions we receive about payroll is when employees must be paid their final paycheck.  The laws regarding final pay for employer varies state to state. It is important to check your state laws so you don’t find yourself with unnecessary penalties. A Plus Benefits can also assist you with making sure you understand the state laws regarding final pay. Here are a few examples: Utah: If an employee is terminated (for any reason), the final check must be given within 24 hours.  If an employee quits, the final check must be given on the next…
Sep 7
A Plus Benefits Celebrates National Payroll Week
A Plus Benefits is celebrating National Payroll Week this week (September 7-11, 2015). National Payroll Week celebrates the hard work by America's 150 million wage earners and the payroll professionals who pay them.  Together, through the payroll withholding system, they contribute, collect, report and deposit approximately $2.08 trillion, or 68%, of the annual revenue of the U.S. Treasury. We are taking this opportunity to recognize the over 20 professional Payroll Specialists at A Plus Benefits who process payroll for thousands of employees each month with a week of fun events for the team. Join us and thank your Payroll Specialist…
Aug 7
3 Reasons PEOs Make Sense for Small Businesses
When an individual decides to start a business it is because they love what they do. They have a passion for their industry that drives them to put in the time and resources to build a company of their own. What most small business owners don’t have a passion for is all of the pieces that come along with hiring employees. Finding and keeping great employees is necessary for any business that wants to grow and succeed. But many small business owners struggle to find the time to focus on the growth of their employees and their business. That is where…
Jul 6
Do What You Do Best
“Do what you do best and then hire great employees and find great partners to help you in the other areas,” - Rich Maughn, General Manager of Freeway Propane. To celebrate our 25th anniversary, A Plus Benefits is highlighting some of the great small businesses that have been with us through many of those years. Freeway Propane (www.freewaypropane.com) began in 1987 when the three Brown brothers, Joel, Mark and Chad saw the similarities between the work they did in plumbing and the propane industry. They saw a need in the community for new heating options and ran with it, starting…
Jul 1
New Overtime Rule for White Collar Workers on the Horizon
You may have heard that the Department of Labor released news on June 30, 2015 of a change coming to the minimum salary required for executive, administrative, and professional employees (typically white collar employees) to be considered exempt from overtime. The new rule would require that these employees who make under $50,440 annually to be paid overtime for any hours worked over 40 in a week, even if they are considered an executive, administrative or professional level employee under the Fair Labor Standards Act. Under current regulations, certain salaried employees can be exempt from overtime if they meet certain requirements:…