Only 14 percent of small businesses offer a 401(k) plan

Nearly half of small business owners are not confident about their own retirement savings; Only 17 percent say they feel an obligation to offer retirement benefits to employees. A recent survey conducted by Harris Interactive on behalf of ShareBuilder 401(k) found that just 14 percent ofAmerica’s small business owners offer a 401(k) plan and 63 percent do not offer any …

Colorado Snowstorm

Another big snow storm is expected in Colorado late this week, is your payroll department ready? To ensure that every clients receives their end of year payroll  and bonus on time StaffScapes will be delivering payroll early this week. Payroll will also be delivered overnight UPS early am so as not to have any delays in employees getting paid this week. …

Averaged Failure to Deposit Penalties

Did you know that IRS penalities may be charged to you even if you deposited your tax liabilities on time? The IRS may assess an “averaged” failure-to-deposit (FTD) penalty of 2% to 10% if you are a monthly schedule depositor and did not properly complete line 15 of Form 941 when your tax liability (line 10) shown on Form 941 …

Direct Deposit

Having Direct Deposit simplifies paycheck and payroll processing Most of the Denver area business closed on Wednesday, Thursday and are just starting to dig out from the big Christmas storm of 2006. Did your employer close for a couple of days? Did you get your paycheck? Could you make it into work? Could you take your check to the bank to …

Inclement weather closures

Wages on days of inclement weather Closing operations due to inclement weather raises the question of compensation for employees.  A major factor to determine is if they are exempt or non-exempt employees.  To preserve an employees’ exempt status employers are prohibited from making deductions for absences caused by the employer.  You must assume that all your exempt employees’ were ready, willing …

Holiday Party Safety

Tips to manage the stress of holiday traveling The holiday season accounts for nearly 10 percent of all miles traveled by Americans during the entire year. Planes are overbooked, highways are overcrowded, making most of us hardly overflowing with holiday cheer. The link below provides a few suggestions on how to deal with holiday stress as we get on the …

HR Outsourcing Solutions

Are non productive HR task losing your company money? By outsourcing your HR Department to a PEO you can solve those issues while bringing extra benefits to your employees. I took a call the other day from one of our client’s employees, who needed assistance dealing with a benefits issue. She had gone to the Dr. and was given a …

PEO’s and changes to Employment Laws

Lawsuits make changes to laws every month. By partnering with a Professional Employer Organization (PEO) your company can be protected from these changes. “A lawsuit against IBM may help settle the question of whether workers hooked on the Internet can claim a legitimate addiction.” Do you know what new laws are affecting your business? Articles like the one provided below …

Exemption Withholdings

When filling out a W-4 many employees assume that their tax status will continue to stay the same, unless they make changes to it. This is not the case for employees who claim exempt on their taxes… If an employee claims exempt on their W-4’s, the employer will not withhold federal tax on their income, however Social Security tax and …

Federal Tax Deposits

Late deposit penalties for federal tax deposits. Deposit Penalties: Penalties may apply if you do not make required deposits on time, if you make deposits for less than the required amount, or if you do not use EFTPS when required. The penalties do not apply if any failure to make a proper and timely deposit was due to reasonable cause and …