small business tips

5 Important HSA Employer Contribution Rules Every Business Owner Should Know

With the rising cost of healthcare, the health savings account (HSA) option is growing in popularity among employers and employees alike. HSA’s are typically paired with a high deductible health insurance plan under a Section 125 Cafeteria Plan. They provide numerous tax benefits in addition to flexibility for those using them to pay for health coverage. However, there are specific rules employers must follow when making contributions to employee HSAs.

So what HSA employer contribution rules do you need to know about to provide the best opportunity for your business and employees alike? We’ll detail five options that can provide value.

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Your Essential Small Business Tax Deductions Checklist for 2021

As a small business owner, changes to the federal tax code and new federal business tax deductions will have you feeling like you have homework to do. But sweeping changes in the recently passed federal tax plan has entrepreneurs (and tax accountants) everywhere feeling like they are cramming for midterms. With that in mind, we created a study guide of sorts: let’s just call it your 2021 small business tax deductions checklist! Read on to see how your small business can best benefit from brushing up on these laws.

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5 Fun Activities for Remote Employees That Help Promote Engagement

Remote employees are an important part of the modern workforce. Keeping them engaged and part of your company’s culture, though, can be tough. That’s why it’s important that you not only invest in hiring the right remote talent, but that you also look for fun activities for remote employees in order to help them remember that they are part of your larger team.

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Important Reasons Why Companies Outsource HR Services

The cost of doing business can be quite high, especially when your business is just getting off the ground. While it’s natural to want to do everything in-house, great business owners understand the need to outsource certain functions to established professionals. One of the best cost-saving measures you can make is to outsource HR to a Professional Employee Organization. Doing so will not only give you an excellent chance to move your HR functions over to the care of professionals, but it will also allow you to better manage where your business is going in the future.

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7 Outstanding Business Benefits of Payroll Outsourcing

There will always be parts of your business that are vital, but may not necessarily be making your business money. One of these aspects is payroll, which is necessary for your business to function, but tends to take up resources without giving much in return. It should be no wonder, then, that so many businesses choose payroll outsourcing.

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