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Worker Enrollment in HDHPs falls

InterWest Insurance Services

After enrollment in high-deductible health plans soared during the last decade, 2022 marked the first year that enrollment in these plans fell among American workers since 2013, according to a new report by ValuePenguin. ” And 10% of employers with 500 or more workers offered only these plans, compared to 13% in 2018.

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What is Payroll Tax?

Abel HR

One of the most perplexing topics in the human resources industry is that of the payroll tax. Both employer and employee know about it but unsure of what it is and where it goes. What are Payroll Taxes? When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf.

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AbelHR: What is Payroll Tax?

Abel HR

One of the most perplexing topics in the human resources industry is that of the payroll tax. Both employer and employee know about it but unsure of what it is and where it goes. What are Payroll Taxes? When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf.

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Special analysis: Good records save tax penalties

Business Management Daily

Tax audits are all about your records. Have sloppy, incomplete and inaccurate records and you will needlessly pay tax penalties. The IRS determined that a taxpayer was $17,925 in the hole for his income taxes, and, accordingly, was liable for a $3,585 accuracy-related penalty. Tax Court, 2019). Tax Court, 2019).

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The A-Z of payroll outsourcing UK

cipHR

Any outsourced payroll provider will need to be able to handle pension deductions from an employee’s salary when performing payroll runs. If a payroll outsourcing company is BACS-approved, it will be able to pay employees and also bodies such as HMRC, directly on behalf of the employer. The UK has retained the GDPR post-Brexit.

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5 Payroll Management Tools Every HR Needs

HR Digest

Payroll is the procedure by which their employers pay employees for the work. Payroll software helps to do just that, along with organizing all the tasks of employee payment and tax filing. paying business-related taxes to the government, etc. paying business-related taxes to the government, etc.

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November HR Update

Higginbotham

As such, the government has urged employers to continue moving forward with compliance toward the ETS. Employer Takeaway. Most legal experts agree that applicable employers should continue to prepare to comply with the ETS’s provisions. For that reason alone, employers should be cautious about delaying their compliance actions.