Tax Filing Reminders: What You Need to Know
Tax day is here, and there are several important things to keep in mind to ensure you file correctly and avoid future issues. Understanding your W-2 form is crucial, as it contains vital information about your earnings and tax withholdings for the year. Understanding Your W-2 Form Box 1: Wages, Tips, and Other Compensation This […]
Retirement Plan Box Checked – What does this mean to me?
Understanding Active-Participant Status An active plan participant can receive benefit payments from a pension plan, whether a defined benefit or a defined contribution pension plan, as long as the requirements under the plan’s contract have been fulfilled. Active participant status applies to individuals who are currently participating in one or more of the following types […]
When Must Employers Use E-Verify
When Must Employers Use E-Verify? You must use E-Verify when you have federal contracts worth $150,000 or more, especially if there’s a FAR E-Verify clause. Certain states, like Alabama and Arizona, require compliance based on their laws. If you’re hiring in industries prone to unauthorized workers, E-Verify can help reduce risks. Additionally, being proactive with […]
