Payroll is one of the highest expenses for most business owners and keeping it at a manageable figure is a key to maximizing profit margins. There is a way to save on the State Unemployment Tax (SUTA) which can significantly reduce payroll tax costs especially if your business has a large workforce or has high turnover.
Do you employ workers in the state of Florida? All Florida business owners will be faced with the inevitable question regarding payroll: What is FUTA and SUTA tax and why am I being charged for it.
Companies across the country are discovering the PEO solution for hard to place Workers’ Compensation Insurance. This service provides a cost effective solution by bundling Payroll, Human Resources, & Workers’ Compensation Insurance.