Compensation

Employee Student Loan Forgiveness May Be Taxed as Income in Certain States

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Employee Student Loan Forgiveness May Be Taxed as Income in Certain States

If you’ve been following the news lately, you likely heard about the promise of $10,000 to $20,000 of your employees’ student debt being forgiven.

Yet, many are unaware that though the student loan forgiveness won’t be taxed as income on the federal level, it may be taxed at the state level in certain states.

To date, Indiana, Mississippi, and North Carolina have all announced they will tax the loan forgiveness. Other states that may follow suit include Arkansas, California, Minnesota, and Wisconsin. As many as 13 states may tax student loan forgiveness.

Woman Employee Student Loan Taxes

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How To Navigate Open Enrollment Benefit Choices

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How To Navigate Open Enrollment Benefit Choices

Employers cringe this time of year because it can be confusing comprehending the unfamiliar concepts of benefit offerings and then identifying which benefits are a right match for their employees.

Open enrollment is an opportunity for employers to adjust the benefit options they previously offered their employees or elect new plans. This period of time for most companies falls in November, to which all forms must be returned and processed in order for the new benefit plans to take over on January 1 of the new year.

Open Enrollment Employee Benefits Programs

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Company Culture Building – Flex HR Takes On Top Golf

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Company Culture Building – Flex HR Takes On Top Golf

The company culture at Flex HR is everything to us. We strive to come together for major team meetings each month, each quarter, and then once or twice a year we have a company-wide gathering. This September Flex HR was lucky to have our affiliate partners at Ameritas, Stadion, and Netchex sponsor this fun event. Flex HR employees got to bring their whole family and enjoy the afternoon at Top Golf.

Flex HR Company Event in Atlanta

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Should Your Business File an Employer Retention Credit?

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Should Your Business File an Employer Retention Credit?

During the Pandemic, everyone suffered financial losses. As a business owner, you probably worried if you could stay afloat and continue paying your employees. You no doubt had to make cuts and sacrifices and we’re probably happy to make it to the other side.

Employee Retention Credit Form 5884-A

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How to Outsource Payroll Tax

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How to Outsource Payroll Tax

A remote working environment is here to stick around for a while. This effect of the Pandemic has truly changed how the workforce is adapting as we have seen companies increasing technology connectivity. It has also brought about the trend for employees to relocate to a state where their employer has not yet established a presence.

Initially, it seems that a remote employee relocation is straightforward, as they can work on a laptop with a cell phone from any location. However, for employers there are payroll tax implications for their employees in these other states. Employers everywhere are feeling the consequences of payroll taxes.

Calculating Payroll Tax

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How Can HR Departments Prepare for Monkeypox?

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How Can HR Departments Prepare for Monkeypox?

After the Covid-19 pandemic, everyone’s radar for another potential health crisis is heightened. If you’ve been following the news, you know that Monkeypox is spreading and some have worried that it will become an epidemic.

You may be asking how serious the Monkey Pox outbreak is, and how it will affect your business. In the U.S. alone, 5,800 cases of Monkeypox have been reported since May. That may not sound like a lot, but given that the virus spreads through personal contact or on surfaces, it has the potential to spread quickly.

Symptoms of Monkeypox Workplace Graphic

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Top Human Resources Company Saves Business From Professional Employer Organization (PEO) Service

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Top Human Resources Company Saves Business From Professional Employer Organization (PEO) Service

We have all heard the horror stories of a company that is stuck in their Professional Employment Organization (PEO) (or co-employment) contract. PEOs are typically engaged by small businesses for better benefit plans; however, as that company grows, their employees start to feel the negative effects of the PEO.

Initially, a PEO arrangement sounds appealing to an organization that wants to outsource their Human Resources and Payroll. However, a PEO can be extremely complicated as the Employer of Record, running payroll under their tax ID numbers. Additionally, all of the onboarding, employee handbooks and company policies become dictated by the PEO, which unfortunately does not leave the employer any say in how they want to define terms of their own business.

PEO (Professional Employee Organization) vs ASO (Administrative Service Organization) Graphic

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Why Audit HR Compliance for your company?

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Why Audit HR Compliance for your company?

Human Resources is often referred to as the most vulnerable and multifaceted function of a business. The ever-changing nature of human resources means HR leadership and management should align goals around HR compliance needs and people needs within the organization for the present and the future.

HR Readiness Quiz

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Flex HR Attends Human Resources & Talent Development Conference

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Flex HR Attends Human Resources & Talent Development Conference

Flex HR had the honor of serving as a sponsor at the Community Bankers Association of Georgia (CBA) Human Resources & Talent Development conference this year in Jekyll Island, GA. CBA was formed “primarily to represent the political interests of the independently-owned banks of Georgia.”

The conference dove into some sensitive HR topics such as people operations, HR as a business driver, HR technology, employee experience, leadership awareness, and the top reasons employees are resigning.

Westin Jekyll Island CBA HR Conference

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Reaching Out For Help Can Save Your Business

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Reaching Out For Help Can Save Your Business

When an entrepreneur makes the decision to start their own business, they usually feel they can handle the majority of the company’s aspects alone. However, most organization’s have various teams of individuals that all collaborate and contribute their expertise to build a successfully growing establishment.

Rescue Your Business With HR Solutions

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