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Florida’s Minimum Wage Increases on Sept. 30, 2023
Florida’s minimum wage is set to increase to $15 per hour, but it will do so by increasing by one dollar per year through 2026. Voters in the state of Florida decided this would occur via Amendment 2 to the state constitution in 2020. Florida Minimum Wage for 2023 Florida’s hourly minimum wage is $11 per hour, […]
Payroll for Small Business – 6 Things Everyone Should Know
Small business owners manage a wide range of responsibilities, often focusing the majority of their time and energy on organizational growth and revenue-producing tasks and projects. Along the way, in-house payroll processing can sometimes fall by the wayside. When payroll becomes disjointed or disorganized, it can lead to errors, penalties, employee retention issues, and ultimately […]
How Outsourced Accounting Can Help Win The Talent War
More than 300,000 U.S. accountants and auditors jettisoned their jobs in the past two years, according to a recent report Wall Street Journal report. Reasons are plentiful, including wage stagnation, stress and the highly resisted push by companies to have workers return to the office post-COVID. As in virtually all industries, attrition via Baby Boomer […]
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Can a Midsize Company Function Without an HR Department?
Even among midsize companies, HR responsibilities are sometimes delegated to existing, non-HR employees to cut costs or keep HR processes entirely in-house. Unfortunately, when payroll, workforce management, onboarding, benefits, or timekeeping fall on a finance officer, hiring manager, or another employee, this added burden — and lack of effective HR solutions – can lead to […]
What is Global Payroll?
In the process of international expansion and global mobility, paying staff in different countries can be a challenge to new global businesses. As experts in global mobility, payroll, HR and business expansion, IRIS FMP have created a global payroll guide to help you navigate this tricky world. What is global payroll? Global payroll is the […]
Can I Pay Myself a Bonus From My S Corp?
As an officer in an S corporation, your work is integral to your company’s success. This is especially true with solopreneurs who opt to structure their business as an S Corp for tax purposes. Part of handling it all correctly is ensuring you are structuring your compensation in a way that is fair for you and […]
Whitepaper: Why Payroll Service Bureaus & CPAs Are Homing In On HR
This whitepaper details why service bureaus and CPAs that are realizing that offering integrated payroll and HR services is a strategic and highly beneficial move. Download to learn more.
Outsourced HR Fills A “Huge Gap” In HCM & Payroll
For more than two decades, Austin, TX-based Kazdon, Inc. has offered an array of payroll and benefits-related services to employer clients nationwide. But as their business grew, the two realized a significant opportunity awaited – one that today has countless HR professionals jettisoning the pressures of corporate and launching their own HR and payroll firms. […]
Grow Your Firm with Partnered Payroll Services
A small business taxation survey conducted by the National Small Business Association revealed that payroll taxes are the second largest burden for small business owners on both financial and administrative levels. According to the survey, one out of three small business owners with five or more employees already spend at least six hours on payroll […]
Payroll & Tax Issues for Healthcare Employers
Navigating payroll and tax compliance in the healthcare industry presents unique challenges due to sector-specific regulations and frequent workforce changes. Whether it’s managing turnover, staffing, overtime, regulatory concerns, or handling regular payroll and tax calculations, healthcare providers must remain adaptive, informed, and engaged with tools that support efficiency and legal compliance. By leveraging specialized solutions, […]