Tag: employees

Don’t Miss Upcoming W-2 and 1099 Deadlines

If you have employees and/or you worked with independent contractors last year, you have until January 31, 2013 to issue W-2 and 1099 forms. That’s a deadline you don’t want to miss. The IRS closely monitors W-2 and 1099 returns to ensure accuracy and compliance, and the agency is strictly enforcing penalties for those who don’t comply. A little procrastination could hit your bank account hard. Should you fail to file or file inaccurate information, the penalties are more severe. For small businesses — companies with gross revenues of under $5 million the past three years — the maximum failure-to-file penalty is $500,000. You can find additional information and assistance via the IRS website.

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Keep Your Small Business Healthy During Cold and Flu Season

It’s cold and flu season — one of the worst on record. The Center for Disease Control (CDC) anticipates the flu will cost businesses more than $10 billion in direct costs this year, and when you consider the costs of lost productivity, that number number soars even higher. If you want to protect your small business from the affects of the cold and flu, encourage your employees to stay home when they’re sick.

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3 TIps to Find the Right Candidate for the Job (Guest Blogger: Whitney Reynolds)

Most small business owners and entrepreneurs would agree that the need to add employees is a great sign that business is booming! Hiring the wrong person, however, can not only stunt growth, but significantly sting your bottom line.

Weeding out the wrong candidates to hire the right one is one of the most important decisions any business owner will make. There are three major factors that you should focus on when interviewing a potential new hire.

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