Is your tax withholding up to date?

On February 28, 2018 the IRS released a new Withholding Calculator, as well as a new version of Form W-4. The new Withholding Calculator will let employees check that their federal tax withholding is proper following the passage of the Tax Cuts and Jobs Act in December. The Tax Cuts and Jobs Act made major…

Convergence Insurance & Advisory Partners with MPAY

FOR IMMEDIATE RELEASE HUNTERSVILLE, NC (June 19, 2017) – MPAY, Inc. and Convergence Insurance & Advisory Services have joined together to provide comprehensive employer solutions that help promote the long-term success of our mutual clients. This collaboration enables MPAY to widen the reach of its SaaS (software-as-a-service) payroll and human resources offering to employers through their…

ACA Questions Answered for Small Businesses

Studies have shown that small employers are the least likely to understand the ACA and their coverage options. Below are the top 10 questions and answers small employers have regarding the Affordable Care Act. What is the classification of a “small employer”? The Affordable Care Act classifies a small employer as those organizations with less…

Clean Water: Taken for Granted?

I woke this morning and like most, I used the restroom, took a shower, and brushed my teeth as the start of my day. And like every day, I did it without acknowledging the importance of that clean water to my sheer existence. I’m guessing this scenario sounds familiar to you. But what if it was…

Free Marketing? “Like” It!

LIKE…It’s amazing how our perception of this word has changed since Bret Taylor, CEO and co-founder of Quip, built the ‘Like’ button at Friendfeed, the social network he built after leaving Google. If you’re thinking to yourself, “I thought it was created by Facebook”, don’t worry, you’re not alone.  Facebook acquired Friendfeed in 2009 for roughly…

How to Avoid Tax Notices

It has been said that “People who complain about taxes can be divided into two classes: men and women” (IRS). The majority of these complaints stem from misunderstanding taxes. Today, businesses have seen an increase in tax notices due to incorrect data reports and tax agency staff changes. It is vital to have the appropriate tax…

Start Reviewing Your 401(k) Plan for 2015

It’s that time of year again when employers should be reviewing service providers and benefit plans for the New Year. One that should not be overlooked is your 401(k) plan. Employers that offer a 401(k) plan have a fiduciary responsibility to ensure their company-sponsored plans have reasonable fees and expenses. With that said, here are…