Posts by Thomas Rock Lindsay
12: Where to Find Employees
What are the best sources for finding your next great employee? Here are the best sources for finding new employees? Recruiting Sources Family Recruiters Temporary staffing firms Job boards & search engines Referrals Referrals from current employees is the most successful source. There are 40,000 employment websites including job boards and search engines, according to…
View full episode11: Workers’ Compensation Insurance 101
Do I Need Workers’ Compensation Insurance? You probably already know that as an employer you are required to purchase workers’ compensation insurance, or work comp for short. What is it? Mandatory insurance for employers. A type of property and casualty insurance. State regulated. It pays for all the medical treatment necessary to return your employee to…
View full episode10: Payroll Tax Deposit Penalties – Part 6 Federal Payroll Tax Series
Do you know how to avoid payroll tax penalties? Congress established large penalties to deter employers from not paying their payroll taxes. The longer you delay paying, the more it will cost. The four payroll tax penalties Failure to deposit Failure to pay Failure to file; and the Trust fund recovery …..and the four things…
View full episode9: Can’t Pay Your Federal Payroll Tax! – Part 5 of Federal Payroll Tax Series
What Should You do if You Can’t Pay your Federal payroll Taxes? This is the fifth episode of a six-part series on Federal payroll taxes. If you haven’t listened to the first four episode in the series, I recommend that you go back and listen to episode 5. I am not an attorney, the information I am…
View full episode8: Payment and Reporting – Part 4 of Federal Payroll Tax Series
How and when are the taxes paid and reported? This is the forth episode of a six-part series on Federal payroll taxes. If you haven’t listened to the first two episodes already, I would recommend that you go back and listen to episode 5, which is the first part in the series. Tax Payments The…
View full episode7: Payroll Tax Rates – Part 3 of Federal Payroll Tax Series
What are the tax rates for each Federal payroll tax? This is the third episode of a six-part series on Federal payroll taxes. If you haven’t listened to the first two episodes already, I would recommend that you go back and listen to episode 5, which is the first part in the series. Rates Federal…
View full episode6: Taxable Wages – Part 2 of Federal Payroll Tax Series
How do you calculate the taxable wage basis for each Federal payroll tax type? This is the second episode of a six-part series on Federal payroll taxes. If you haven’t listened to the first episode in the series I would recommend that you go back and listen to episode 5. Would you like to…
View full episode5: Payroll Taxes – Part 1 of Federal Payroll Tax Series
What are Federal Payroll Taxes? Welcome back! This is the first episode of a six-part series on Federal payroll taxes. In today’s episode we will identify and explain what makes up federal payroll taxes. Today we will learn: In today’s episode we will identify and explain what makes up federal payroll taxes. Why do you…
View full episode10 Small Business Pitfalls to Avoid
10 Small Business Pitfalls You Must Avoid Owning and running a small business is not easy. There is a lot of competition out there, and while you struggle, they seem to have it all figured out. Everyone wants your time and attention including vendors, regulators, suppliers, employees, customers and your family. You are constantly being sold…
Read Full Post4: IRS Common Law Rules – 11 Point Test
Are your workers properly classified? Take the IRS 11 point test to find out. If you have the right to control or direct only the results of the work and not how it will be done, or what will be done, then you have an independent contractor relationship. But, how do you make this determination? Today…
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