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Claiming an Employee Retention Credit in 2022

Zenefits

Your business can claim a maximum credit of 50% of the wages paid to staff in 2020 and 70% in 2021. This means you can claim 2020 expenses until April 15, 2024 and 2021 expenses by April 15, 2025. Eligible businesses are defined as: Your business needed to be partially or fully non-operational because of the COVID-19 pandemic.

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Should I Hire a Business Consultant for My Small Business?

Zenefits

A good consultant can map a business strategy, assist with a digital transformation, or improve a specific department’s operations. A good consultant can map a business strategy, assist with a digital transformation, or improve a specific department’s operations. Risk, compliance, and security. Operations.

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Payroll Tax vs. Income Tax: Understanding the Similarities and Differences

Zenefits

In 2021, it was $142,800. Income tax funds general government operations. It’s important that employers understand the details surrounding both payroll and income taxes for tax compliance purposes. Errors in deductions can impact the employees’ cash flow and lead to penalties for the business.

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A CEO Guide To Smarter Cost-Cutting

Chief Executive

Regional chain of retail supercenters CUT WASTE, LAYER BY LAYER Erik Petrovskis, Director of Environmental Compliance and Sustainability, Meijer, Grand Rapids, Michigan Meijer’s Erik Petrovskis We are applying a number of levers in efforts to cut food spoilage and waste, which is a huge societal problem and a big cost for us.