The Adaptable SEP IRA: How It Can Work for You

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A Simplified Employee Pension IRA was designed to encourage retirement benefits in businesses that would otherwise not set up employer-sponsored plans. Sole proprietors, partnerships, and corporations — even S corporations — can establish SEPs. SEP IRAs can receive employer contributions but with a higher annual contribution limit than standard IRAs. Think of a SEP IRA as a traditional IRA that lets employer contributions be vested immediately. Read more

Take a Look at the New HSA Plan Limits

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For 2018, individuals can contribute up to $3,450, up from $3,400 in 2017, while family contributions are up to $6,900, up from $6,750 in 2017.

The maximum out-of-pocket figures are up too: $6,650 for single coverage, up from $6,550 in 2017, and $13,300 for family coverage, up from $13,100 in 2017. Read more

How to Approach Paid Time Off

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Time-off benefits can be a very valuable part of any employee benefits package. While employers aren’t legally required by federal law to give employees days off for federal or state holidays, it’s a smart way to retain employees and to provide job satisfaction. (There may be state laws that affect time off, however–check local laws.) Employers can specify which holidays employees can take off. It’s the same for vacation: There’s no federal requirement, but smart employers grant paid vacation, and sick days too. Read more

Picking Up & Processing Payroll: What You Need to Know

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Payday – it’s always a good day for your employees. Money in hand means bills can be paid, groceries purchased, school supplies brought home for the kids, and maybe even a little extra left over for dining out. But let’s be honest: payday is only payday if the checks arrive on time and are made in the correct amount. At LCAF Payroll, we know you care about getting payday right just as much as your employees do, so we’re here to make that happen. Read more

What Every Business Owner Should Know About Wage Garnishment (And How We Can Help!)

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Wage garnishment—it’s never a pleasant subject. When business owners are asked by the courts to garnish an employee’s wages, they must comply; but compliance can cause workplace stress and conflict with the affected employee. Most business owners would rather not think about such predicaments, let alone participate in them. But the reality is clear: the stress and distraction of wage garnishment cases happen to most business owners, and you are better off knowing what to expect ahead of time.  Read more

LCAF Payroll’s Software and Technology: A Look Inside Our Systems

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If you’re looking for a unique payroll solution customized to your business’s precise needs, then you’ve come to the right place. LCAF Payroll offers expert payroll services for companies of all sizes in a variety of industries. By powering our systems with best-in-class technologies, providing a user-friendly front end software experience, and offering affordable packages catered to your business, LCAF Payroll stands as one of the most payroll firms available. Read more

4 Absolute Truths About Hiring a Payroll Company

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At LCAF Payroll, we pride ourselves on providing quality payroll services that deliver. We are here to make the payroll process a breeze for our clients by offering a variety of self- and full-service payroll options. Read more

Labor Law Poster Compliance – What You Need To Know

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At any time during the year a businesses might be required to update their labor law notices. These mandatory postings include the OSHA Posting, Federal Minimum Wage, FMLA, USERRA and various state specific notices and could result in hefty fines and lawsuits if not properly updates. Here’s what you need to know about labor law poster compliance.

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Three Ways To Handle Your Human Resource Needs

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LCAF Payroll Services provides a comprehensive HR Support Center that allows small businesses to complete outsource their HR department. We have experienced and certified HR professionals to work with you to address your specific questions and needs for your business.

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Let LCAF Payroll Handle Your Payroll Taxes

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Payroll taxes can be a certifiable nightmare for many business owners, which make hiring a professional company to deal with the mess of state and federal laws a must. The time saved alone is worth having us take care of your payroll tax filing needs.

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