It would be hard for any regulatory change to be as impactful as the passage of the Affordable Care Act. However, the Department of Labor’s impending changes to the overtime exemption rules may be just that. As if that wasn’t stressful enough, you will have far less time to prepare for the fallout of the overtime rule changes seen in Obamacare. The new rules won’t be phased in over the course of a decade.
Pay as you go worker’s compensation is becoming more popular in the business world thanks to a number of benefits it can provide. The old, traditional method of worker’s comp involves paying upfront costs based on estimated payroll and being forced to suffer through annual audits. Pay as you go worker’s compensation is a more common sense approach to the issue.
While some businesses opt to handle their payroll internally, through manual bookkeeping, in-house bookkeeping or payroll software, increasingly, small business owners have come to prefer the expertise of professional payroll services in Centennial.