Insperity

MARCH 15, 2018

You need to calculate the payroll every pay period, and figure out federal, state and local taxes and pay them on time. You also need to track voluntary deductions like health insurance and 401(k) contributions, prepare and file quarterly reports, and process w-2s at the end of the year. Compliance risks.

Payroll 70

Payroll 401(k) Professional Employer Organization Taxes 70

Insperity

MAY 26, 2023

From employment issues and complicated compliance updates, it’s easy to get overwhelmed. This is where a professional employer organization (PEO) can come in as a partner to assume many of your employer related HR responsibilities, freeing up time for you to focus on bigger-picture goals.

401(k) 69

401(k) Disability Insurance Professional Employer Organization Comprehensive Benefits 69

Insperity

APRIL 26, 2018

They are when you outsource your heaviest HR burdens to a professional employer organization (PEO). In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits.

401(k) 66

401(k) Professional Employer Organization Workers’ Compensation Payroll Service 66

Genesis HR Solutions

MARCH 31, 2022

When choosing a professional employer organization (PEO), there is an entire checklist of items you should consider to make sure you choose a partner that is a good fit for you. In this article, we’re honing in on one of the most important aspects of working with a PEO—the tax perspective.

Taxes 52

Taxes Professional Employer Organization 401(k) Finance 52

Insperity

FEBRUARY 15, 2018

Have you considered outsourcing your business’s HR to a professional employer organization (PEO)? Are you certain your payroll tax reporting is accurate? Do you know if your employees’ 401(k) deductions are being properly calculated and reported on time? If not, maybe you should.

401(k) 70

401(k) Professional Employer Organization Benefits Package Payroll 70

Genesis HR Solutions

MAY 2, 2023

1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. ( TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

Family and Medical Leave Act 52

Family and Medical Leave Act 401(k) Flexible Spending Account Health Savings Account 52

Genesis HR Solutions

DECEMBER 2, 2021

When we speak with customers , one thing we hear over and over again is how much they’ve benefited from partnering with our professional employer organization (PEO)—often in ways they didn’t expect. By outsourcing your 401(k) retirement plan to a PEO, you no longer have to deal with the headache of administration and compliance.

401(k) 52

401(k) Human Resources Retirement Plan Healthcare Benefits 52

Genesis HR Solutions

SEPTEMBER 15, 2021

GenesisHR provides customized Professional Employer Organization (PEO) solutions that pair knowledgeable experts with leading technology, scaling with you as your business grows. Looking for a trusted PEO advisor to help you manage the “people side” of your small to midsize business?

401(k) 59

401(k) Health Insurance Benefits Package Professional Employer Organization 59

Genesis HR Solutions

APRIL 19, 2019

There’s a lot of information—and misinformation—about professional employment organizations (PEOs) floating around online. At the end of the day, it is you who makes employment, promotion, and management decisions —all of those things are always under your control in a partnership with Genesis.

401(k) 69

401(k) Health Insurance Insurance Carriers Payroll 69

Genesis HR Solutions

APRIL 6, 2022

What exactly do you get when you hire a professional employer organization (PEO) to work alongside your business? But these general categories only scratch the surface of what employers actually receive when they enter into a co-employment relationship with a PEO. 401k plan adoption. Payroll tax filings.

401(k) 52

401(k) Payroll Human Resources Taxes 52

Genesis HR Solutions

JUNE 1, 2022

Questions around how payroll relates to hiring and managing employees, payroll, benefits, taxes and workers compensation are all important to consider. Before you begin hiring, apply for an Employer Identification Number (EIN). This number will be used when you pay state income tax, withholding, and employment taxes.

Payroll 52

Payroll 401(k) Management IT 52

Abel HR

APRIL 30, 2020

In addition to calculating the correct wages for your employees, you also have to make sure that you are setting aside the correct amount for federal and state taxes, Medicare, Social Security, and a whole host of other folks who seem to have their hand out on payday! The worst part? You must repeat the whole process a mere two weeks later!

Payroll 52

Payroll 401(k) Taxes Payroll Software 52

Insperity

AUGUST 26, 2013

If you’d rather focus on the core functions of your business, a relationship with an HR outsourcing company – more specifically, a professional employer organization (PEO) – can help with the complexity, compliance and cost brought on by health care reform. 401(k) plan administration. A brief introduction.

401(k) 40

401(k) Flexible Spending Account Health Insurance Disability Insurance 40

Insperity

MARCH 12, 2024

In a 401(k) plan, the most common type of retirement plan, employees can save up to a certain amount set by the U.S. Many employers match their employees’ contributions to boost their savings. Funds can be withdrawn for non-eligible expenses, but they will be taxed.) Internal Revenue Service (IRS) each year.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Genesis HR Solutions

MARCH 26, 2019

It must be a Certified Professional Employment Organization (CPEO). As of 2017, professional employment organizations are eligible to become certified through the IRS (thus Certified PEOs). 401(k) Options. Choosing The Best PEO For Small Businesses: 5 Non-Negotiables. Life/AD&D.

401(k) 40

401(k) Professional Employer Organization Health Savings Account Entertainment 40

Genesis HR Solutions

AUGUST 20, 2021

In this article, we’ll discuss the differences between a professional employer organization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. EOR vs. PEO: What’s the difference?

401(k) 52

401(k) Human Resources Professional Employer Organization Workers’ Compensation 52

Genesis HR Solutions

AUGUST 19, 2021

In this article, we’ll discuss the differences between a professional employer organization (PEO) vs. EOR, and why companies should consider a PEO first. An employer of record (EOR) is a third-party company that takes over as the legal employer for your workforce. Payroll processing and tax compliance.

401(k) 52

401(k) Human Resources Professional Employer Organization Workers’ Compensation 52

Insperity

AUGUST 9, 2016

Another cost-conscious option for small businesses is to join a professional employer organization (PEO), which can provide employees with health coverage under a PEO-sponsored health plan, relieving you of the administrative costs of offering your own health plan.

Banking 52

Banking Employee Benefits Disability Insurance 401(k) 52

Genesis HR Solutions

JUNE 20, 2022

There’s a lot of information—and misinformation—about professional employment organizations (PEOs) floating around online. This is one of the classics—it consistently shows up on professional employer organization pro/con lists. Debunking The Myths Of Working With A PEO.

401(k) 52

401(k) Health Insurance Insurance Carriers Payroll 52

Genesis HR Solutions

JUNE 27, 2022

We’ve written about all these organizations here, and encourage you to read more about them, especially in regard to how they compare to the professional employer organization, or PEO—our primary recommendation for companies with no HR department. Professional Employer Organizations (PEOs).

Human Resources 52

Human Resources 401(k) Professional Employer Organization Payroll 52

Abel HR

APRIL 19, 2021

You can also use tools on their website such as: checklists to organize your workflow guides to refresh your memory on specific policies calculators to compute figures like taxes and salary. As a professional employer organization, you can rely on our staff to work on your HR tasks, while focusing on your business.

Human Resources 52

Human Resources 401(k) Software Payroll Service 52

Genesis HR Solutions

APRIL 23, 2020

Pre-tax savings plans can also be included here, as well as ancillary benefits like accident, illness, and pet insurance. Retirement benefits: 401(k), 403(b), 457(b) retirement plans and IRAs. Types of benefits include: Health and welfare benefits: Typically medical, dental, vision, disability, and life insurance products.

Health and Welfare 52

Health and Welfare Electronics 401(k) PTO 52

Genesis HR Solutions

NOVEMBER 20, 2018

What is a Professional Employer Organization? A Professional Employer Organization (PEO) allows its clients to outsource many of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to their employees. PEO Payroll.

Human Resources 40

Human Resources Health Insurance 401(k) Benefits Package 40

Genesis HR Solutions

AUGUST 9, 2018

Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. 401(k) and retirement plans. Sometimes benefits are paid for wholly by employers; other times they are paid for by employees, and sometimes the expenses are shared.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40

Vantage Circle

SEPTEMBER 11, 2023

JustWorks Justworks is a professional employer organization (PEO) specifically tailored to cater to the needs of small and midsize businesses. These include self-service employee onboarding, document storage, payroll processing, tax filing, reporting, and human resources (HR) compliance assistance.

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

Genesis HR Solutions

SEPTEMBER 3, 2019

Get ready: You’re about to read the ultimate guide to professional employer organizations, also known as PEOs. PEOs and the co-employment relationship. PEO benefits for employers. Information about certified professional employer organizations (CPEOs). Payroll processing and tax compliance.

401(k) 40

401(k) Professional Employer Organization Human Resources Payroll 40

Business Management Daily

AUGUST 28, 2023

Tax forms Job application Offer letter Performance reviews Disciplinary actions Time cards Resumes Medical records Pay stubs Signed employee handbook Benefits information PTO forms As you can see, every employee involves a ton of recordkeeping, which will quickly become incredibly cumbersome without a centralized software system to store it all.

Software 52

Software Human Resources Payroll PTO 52

Vantage Circle

FEBRUARY 26, 2025

While exact figures differ, it's evident that employees who feel valued are more likely to stay with their organization. peoplekeep.com Unlocking Tax Advantages Many employee benefits offer tax advantages for both employers and employees. Ideas: Clearly communicate the benefits and tax advantages of these accounts.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits Disability Insurance Benefits Package 59

Business Management Daily

AUGUST 9, 2019

That’s a dramatic drop in a very short time—a 71% decline since 1979, when about four in 10 workers could count on receiving a monthly check directly from an employer-funded pension when they retired. Almost all American workers now depend on defined-contribution plans such as 401(k)s and 403(b)s to fund their retirements.

401(k) 63

401(k) Retirement Plan Pension Government 63