Jan 23, 2019 | GTM Business Blog isolved
In previous years, the only quarterly report that employers in New York State were required to file was state unemployment information. In an effort to reduce claims of fraud, there are new wage reporting requirements for New York employers, which now mandate that...
Jan 3, 2019 | GTM Business Blog isolved
It is no secret that 20 percent of small business fail their first year. Payroll mistakes are the primary reason. Getting a grip on your payroll can ease cashflow and help keep your company afloat. Payroll is also dependent on other systems that you need in place to...
Dec 17, 2018 | GTM Business Blog isolved
If your company won’t be open for part or all of the entire week between Christmas and New Year’s Day, are you required to pay employees for holiday closures? Well, that depends. For non-exempt (overtime eligible employees), a company is generally not required...
Dec 12, 2018 | GTM Business Blog isolved
The end of 2018 is quickly approaching, so it’s important that everything is in order to ensure there are no surprises when the time comes to file taxes. Year-end tax planning for small businesses isn’t something to put off or ignore. It’s important to look at your...
Dec 10, 2018 | GTM Business Blog isolved
The Federal minimum wage has been set at $7.25 since 2009, but many states, counties, and cities have passed their own minimum wage laws. Employers must pay non-exempt employees at least minimum wage. If the mandated federal, state or municipal rate differs, the...
Oct 1, 2018 | GTM Business Blog isolved
New IRS per diem rates for 2018-2019 were recently announced, effective from October 1, 2018, through September 30, 2019. These rates impact business travelers who incur expenses on the road and include incidental expenses and transportation industry meal rates, as...