The AB&P journal
Useful answers for the decisions owners make every week.
Clear guidance on the financial, payroll, and people questions that tend to become urgent when no one explains them early.
Business · 3 min read ·
New CA Labor Laws 2016
As is usual, new laws have been passed in CA which will go into effect January 1. Below are some of the most important according to the San Rafael Chamber of Commerce. SB 358 (Equal Pay) greatly increases the burden o…
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Business · 2 min read ·
Employers and ACA: Do Your Healthcare Coverage Options Meet Requirements?
Under the Affordable Care Act (ACA) some employers, depending on the size of their workforce, are subject to the employer shared responsibility provisions. Many employers are below the workforce size boundary and are…
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Business · 2 min read ·
Small Business Tax Break for Health Insurance Premiums Paid
Employers are facing increased costs in 2015 relating to the health insurance coverage provided to employees, but some small business owners may benefit from a special tax break. As the cost of health insurance contin…
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Business · 2 min read ·
How to Save Time & Money Dealing with Unemployment Claims
Incorrect payments of unemployment insurance (UI) benefits can be costly for your business. Overpayment of benefits can be charged to your account and alter your UI reserve, requiring a larger tax rate in a subsequent…
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Business · 2 min read ·
Proposed Changes to Overtime Pay and Exempt Employees
In 1938 the Fair Labor Standards Act was created to mandate the federal minimum wage, regulate child labor, and determine exempt and nonexempt rules for overtime pay. At the date of mandate, overtime was paid if a non…
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Business · 4 min read ·
Employers Can Exclude Some Veterans from ALE Calculation
Do you employ veterans? Are you wondering if you must include them in the applicable large employers (ALE) calculation for health care coverage? My insurance company, ISU Olson Duncan Insurance, sent a bulletin to me…
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Bookkeeping · 2 min read ·
Tax Planning: It's Time to Meet with Your CPA
As a bookkeeper, I always recommend to my clients that they meet with their tax planner at least one time a year, and better yet two. I usually suggest once around mid-year, and once in the last quarter. The purpose i…
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Business · 2 min read ·
How Seasonal Workers May Affect Your ALE Status
Are you an employer required to offer employee health care coverage? According to the Affordable Care Act (ACA), if you have 50 or more full-time employees (or full-time equivalents) you qualify as an Applicable Large…
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Payroll · 2 min read ·
More Workers May Become Eligible for Overtime
Do you currently have employees who are salaried and exempt from overtime? Are you aware that the laws regarding who would be exempt from overtime may be changing? The U.S. Department of Labor may raise the minimum sa…
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Payroll · 3 min read ·
Withholding Calculator: Avoiding Income Tax Penalties
During this past tax season some people received large refunds while others owed underpayment penalties on top of additional taxes owed to the IRS. To avoid this next year, you might want to consider adjusting your in…
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Payroll · 2 min read ·
Good News and Bad News for CA's Costly Workers' Compensation System
This information was originally shared in the Torrance Chamber's weekly e-mail to members. I thought employers would be interested in reading the information, so I'm sharing on my blog. A massive overhaul of the state…
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News · 3 min read ·
Minimum Wage Increase: An Oasis or a Mirage?
The city of Los Angeles has agreed to draft an ordinance raising the minimum wage from $9.00 an hour to $15.00 by 2020 in the hopes of aiding in the quality of life for those who are functioning at the lowest rung of…
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