“Digital nomads” increased by 96% from 2019 to 2020 per a recent study. The term digital nomads refers to employees who live and work in places around the country, or even the world. Unencumbered by an office, these employees working remotely travel and work in new locations, often without their employer’s awareness. While these remote work trends may result in happier employees and geoarbitrage (a way to hack and improve income compared to the cost of living), it’s also creating payroll tax compliance and general HR compliance issues for employers. Read the article to:
• Find out how digital nomads unknowingly create HR compliance issues
• Discover why digital nomads expose their employer to the risk of back taxes and fines
• Get tips on how to prevent payroll tax and HR compliance problems
• Uncover solutions that will keep employees happy and reduce risk for employers
Read the article.
Payroll Management
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Employers across all industries are claiming an Employee Retention Tax Credit (ERC) of up to one million dollars (and sometimes more). Organizations of all types (including tax-exempt nonprofit organizations) are still eligible even if they have received PPP loans or other pandemic assistance. Determine if your organization could claim an ERC by utilizing this questionnaire, developed by MP’s HR and payroll experts. Read the article to:
• Learn if a vendor supply issue may qualify you for an ERC
• Find out if social distancing requirements may qualify you for an ERC
• Discover if your revenue loss in 2020 or 2021 was enough to qualify your organization for an ERC
Read the article.
Many employers have been managing remote workers successfully since the start of the pandemic. Some have found that employees working remotely are so much happier, more engaged, and more productive that the company wants to continue the arrangement. Unfortunately, depending on the locations of the employees and workplace, both employer and employee might wind up owing extra taxes. Read the article to:
• Learn from MP’s HR and payroll experts share what to know if they’ll be managing a team working from home
• Find out how the tax landscape may be changing as more employers allow remote work
• Get concrete tips on how to optimize return to work plans for reduced tax risk
Read the article.
In the latest HR updates, the American Rescue Plan Act (ARPA) has extended the tax credits for FFCRA leave again, as well as expanded it in a few ways. MP’s HR services team shares all the updates you need to know about this program to stay in compliance. The article will also cover the next steps your teams should consider. Read the article to:
Find out when the program will expire
Learn how much employees can claim for expanded family and medical leave
Discover how FFCRA leave has been expanded to include COVID vaccination and testing
Read the article.
If you haven’t checked the minimum wage laws since December, you may be out of compliance! 2021 is bringing a minimum wage raise to 20 states. Read the article to:
Determine if your state has an increase in the minimum wage—or will later
Learn why minimum wage laws are changing right now
Find out how to get in compliance
Read the article.
We are excited to announce MassPay’s rebrand to MP! Read the article to:
Learn about our expanded offerings for clients
Find out MP’s unique strategies to support businesses
Discover why HR and payroll are the keys to success
Read the article.