ASAP Payroll BLOG
Small Business and ACA Compliance
Defining Small Business We’re all familiar with the term “small business.” Under this umbrella, the Small Business Administration (SBA) states there are 27 million small businesses in the U.S.; but, depending on who’s using the term, it has different meanings. As mentioned, the SBA defines “small business” as any actively operating company with 500 or ...
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PPP Loan Forgiveness
The Payment Protection Program (PPP) Flexibility Act of 2020 was designed to modify certain provisions related to loan forgiveness under the paycheck protection program. It lets recipients defer payroll taxes and other business-related expenses. In other words, the program helps relieve small businesses and their employees from the economic impact of COVID-19. As of ...
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Applicant Tracking Systems
Attracting and retaining skilled workers has grown exponentially more challenging, according to Manpower Group (www.gomanpowergroup.com, with 54% of companies globally reporting talent shortages—the highest level in over a decade. And, the U.S. Bureau of Labor claims there are 670,000 more job openings than unemployed potential workers (based on statistics prior to the 2020 coronavirus). Applicant ...
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Instituting Paperless Payroll
In today’s “fast-food” world, convenience is mandatory. It’s no different when it comes to paying your employees. As a result, payroll cards are a fast-growing option to more traditional forms of payroll payment, such as paper checks and bank direct deposit. Plus, failing to offer payroll alternatives can result in your company running ...
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Move Into the 21st Century with Electronic Timekeeping
Today, paper timesheets or punch clocks are old school. Employees have discovered work arounds to punching in, such as using co-workers to clock in for them at specific times or providing employers with inaccurate work times that pay employees for overtime they never really worked. Electronic timekeeping, also referred to as digital time and ...
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What Is Pay-as-You-Go Workers’ Comp?
Workers’ compensation insurance basics Irrespective of the type of business you run, there’s a chance that your employees could get injured or sick. They might slip on a wet floor, fall off a ladder, cut themselves with a sharp instrument, or get in a car accident while running a business errand. Because of the numerous ...
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3 Signs to Upgrade to Automated Scheduling
There are many disadvantages to manual shift scheduling for businesses. Fortunately, automated scheduling benefits far
Demystifying Employee vs. Independent Contractor
An employee and independent contractor (self-employed) may do comparable work for your company; however,
A Hassle-free Payroll Process
Every employee looks forward to receiving an accurate paycheck, whether weekly, bi-weekly, or monthly.
The Role of Technology in Streamlining Payroll for Home Health Care Agencies
Due to industry unpredictability, home healthcare agencies face various challenges. These can range from staffing
4 Common Payroll Scams and How to Avoid Them
Your business, whether large or small, isn’t immune to payroll scams. These tricks siphon funds