Posts Tagged ‘Government’
Learning about Payroll
When you’re becoming an employee of a certain company, one thing for sure is that you will receive payroll. For those who are wondering about what is payroll, then you might want to know in more detail about it. Actually payroll is just another name for wage; therefore it is something that you’re deserved to have. However, according to the government regulation, all earnings will be taxed.
Come companies will let the employee to pay their tax on their own, but other companies have different approach. Some of them usually already calculate the tax and deduct it from the payroll directly. Of course, this will take some time to prepare everything, therefore to make it efficient; you can use specific program or service to help you with the work.
There are many companies that can provide you with payroll service. Of course, you need to hand over your payroll data to them so they can manage it, but you will be able to receive lots of benefit from their service too. As an example, you will be able to relax since you know that your employee will receive their payroll in time and there won’t be any problem caused by it.
Hiring New Employees: All About I-9 Compliance
When it comes to hiring new employees, every business must be aware of the I-9 form. This form is to ensure that the applicant was born in the U.S. or that he/she has a valid green card. Hiring illegal immigrants is illegal and can result in deportation of the individual, plus heavy fines and sanctions toward the employer. However, the deterrents from hiring illegal workers are sometimes not enough to prevent companies from benefitting from cheap labor.
It is the complete responsibility of the employer to screen all of the applicants, and it is even required for the employer to verify the first portion of the I-9 form. I-9 compliance is vital since all of the responsibility of hiring legal workers falls on the shoulders of the employer he/she also has the right to turn away and individual they see fit. The I-9 form is protected by the Immigration and Nationality Act. This prevents employers from wrongfully turning away applicants based on their nationality. This act also states that the employer cannot ask for any other documentation to be submitted in the I-9 form other than the required documents. If a company is caught with illegal workers, most of the punishment is taken by the employer. Strict fines and other regulations would be enforced upon the company, while the employee could face deportation.
Another penalty that employers could potentially face if found to have employed illegal workers is that they would not be able to have any government related contracts for upwards of 1 year. If the employer is proven to have knowingly accepted falsified documents, not only would they face all the penalties regarding illegal immigration but they would also be subject to criminal charges related with falsifying government documents. I-9 forms must be kept on record up until 3 years after an employee has been terminated. If a company does not keep these on record, or has missing information from the form, even more fines would be enforced. The fines would consist of up to 6 thousand dollars per missing page and up to 3 thousand dollars per missing item on a given form.
There are fines and penalties set up to punish companies in every way that is unlawful. Some companies still choose to ignore this and take the risk of hiding their illegal workers. The entire livelihood of the company and everyone involved with it could easily be destroyed because of penny pinching businesses trying to save a dollar.
