Last Minute W-2 Tips

It’s time to start preparing W-2s for your company. Employees depend on their employers to prepare their W-2s accurately and deliver them as quickly as possible, ensuring they’re able to complete their tax returns quickly and correctly. Additionally, the IRS has several rules governing the W-2 process. With all of the potential penalties, it’s vital […]
Last Minute W-2 Tips

Like clockwork, it’s once again time to start preparing W-2s for your company. Employees depend on their employers to prepare their W-2s accurately and deliver them as quickly as possible to ensure that they’re able to complete their tax returns quickly and without error. Additionally, the IRS has several rules governing the W-2 process. With […]
5 Ways a PEO Partner Can Help Grow Your Business

The daily operation and management of a small or medium-sized business can take all of the energy out of you, leaving you drained of time to grow your business further. While it may seem that you have to take on all of these burdens alone or divide up the tasks amongst your already overworked managers, […]
Choosing the Right Payroll Processor

With a seemingly endless number of rules and regulations surrounding payroll, small and medium-sized business owners understand that streamlining this process can be key to the long-term success of their companies. Failing to successfully navigate this complicated regulatory landscape can lead to costly fines and penalties that could spell disaster for any business. That’s why […]
Money Matters: PEO Payroll Services

As your business continues to grow and add new employees, taking care of the administrative functions of your business can pull attention away from the important daily tasks of running the show. As one of the most important and time-consuming tasks of your company, payroll processing can also distract you from the important daily functions […]
What You Need to Know About Holiday Pay, Bonuses and Overtime.

The holiday season is on its way, and many employers are asking themselves questions about holiday pay and bonuses. Is your company aware of the policies your company practices? Company-Observed Holidays Private employers are not obligated to ensure to non-exempt employees paid holidays. But, if your offices are closed on a holiday, your employees should receive […]
Common Myths That May Increase Your Business’ Payroll Costs

Studies have found that the total cost of ownership of payroll and other aspects of human resources management can total up to $2,500, per employee, annually. This can take a chunk out of even the deepest bottom line. Optimizing spend in this area is vital to long-term longevity and prosperity— as is ensuring you don’t […]
3 Reasons Your Small Business Should Consider Automated Payroll

Small businesses have a lot to consider when coordinating day-to-day business operations, managing growth and hiring employees. Properly handling payroll —from tracking leave, deducting correct premiums, and facilitating benefits for eligible employees — can be a daunting task on its own. The reality is that getting payroll wrong — even something so simple as paying […]
Best Employer Practices for Preventing Unclaimed Funds

Each year, Sheakley is required to complete a report for the State of Ohio. This report lists all unclaimed payroll checks from our co-employees’ and then our team sends the cash for those unclaimed payroll checks to the State of Ohio. This becomes a part of Ohio’s Unclaimed Funds. This year, there has been an […]
Overtime Calculation and Paid Time Off

A work-week is defined by the Department of Labor (DOL) as 7 consecutive 24-hour periods. Overtime is calculated based on the number of hours worked in the standard work-week, and each week stands alone. Any hours worked over 40, in a given work-week, would need to be paid at time and a half of the […]