POSTS BY Malka Trump, CPA

How to prepare your new employee for their first day  There’s so much to think about when you have a new employee starting.  Who’s their mentor?  What is their training program?  How long will it take them to get up to speed?    Then, of course, there’s the issue of compliance and the need to get … Continue reading Payroll Simplified: New Employee Forms

First things first – what is a wage garnishment?   If you owe a debt, the court may order that a certain amount of money be taken out of your paycheck each time in order to pay the creditor.  This order is called a garnishment.  Debts that might be garnished include unpaid taxes, child support, … Continue reading Payroll Simplified: Garnishments

First things first – what is sick pay?     Sick pay is money paid to your employees if they are temporarily absent from work because of an injury, illness, or disability.  Often, that absence is due to either short-term or long-term disability.    How is sick pay different from workers’ compensation?    Big difference here!  Workers’ … Continue reading Payroll Simplified: Third Party Sick Pay

Trick question: Do you employ independent contractors (also known as freelancers), or have you thought about employing independent contractors?   The Ecstasy of Hiring Independent Contractors   Before we explain why that’s a trick question, it’s worth pointing out that 1 in 10 workers in the United States are full-time independent contractors. That number likely … Continue reading Read This Before You Hire an Independent Contractor

What is the Fair Labor Standards Act (FLSA)?  The twentieth century saw a lot of laws being passed to govern the state of the American worker – and the civil rights movement played a big part here.  Established in 1938, the Fair Labor Standards Act (FLSA) set a number of rules that changed the employment culture of the United … Continue reading Payroll Simplified: The Fair Labor Standards Act (FLSA)