Workers’ compensation is a unique area of the law, governed by the Michigan Workers’ Disability Compensation Act. Prior to 1912, all injuries that occurred on the job were to be treated as a personal injury matter. If you were to get in a car accident, or you were to slip and fall while you’re visiting a store, it was all the same.
Read MoreJury duty is never fun, not for the person who has been summoned as a juror, and especially not for their employer who must manage with one less employee. As an employer, it can be extremely frustrating to have your staff pulled away for jury duty, but there isn’t much you can do about it other than disperse work to others to make up for that absence of the juror.
Read MoreConsidering how relevant they are in our day-to-day lives, employment taxes can be very complicated to understand. As the employer, it’s your job to deposit and report employment taxes and prepare and file Form W-2. This is used to report wages, tips and other compensation paid to your employees.
Read MoreIt is important to remember that an independent contractor is a worker who does not work for your company, but is on a contract basis instead. Make sure you have correctly classified your workers before considering paying them as a contractor.
Read MoreBefore you can properly run payroll for your new hire, you need a few key pieces of information. Pay rate, pay frequency, cost center assignment, personnel information, and preferred method of payment are all obvious components of running payroll, but what about the classification of your relationship with the person performing work?
Read MoreAs a payroll software company, at AAB Payroll we take security very seriously. Social security numbers, addresses, bank account information, and wages are just some of the data that can be stored. If by any chance this information gets in the wrong hands, your company’s reputation will be at risk, and so will your employees’ personal information.
Read MoreThe world of tax law and payroll regulations is a complicated one. Managing pay periods, calculating overtime, and staying current on the latest procedures is no easy task. One critical component of tax law regulation your business needs to comply to is the lookback period.
Read MoreWhen dealing with the world of taxation, it’s important to know the intricate details so you can avoid fees and penalties. In this blog, we will focus on identifying what taxes are deductible or non-deductible.
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