2025 Essential Guide for Business Owners & HR Managers
As a small business owner or manager, you may be tasked with complex functions such as payroll, taxes, human resources, and employee benefits. If not managed properly, these areas can create headaches for your business and may even result in penalties, fines, or litigation. Many businesses turn to outside experts for help, but if you prefer to handle these functions in-house, where do you start? This helpful guide is your first step. It's chock-full of information and best practices to help you manage your business.
What You Will Learn
What's inside the guide
- A full calendar of 2025 federal tax deposit and return due dates for monthly and semiweekly depositors.
- Clear rules for determining your deposit schedule and the employer and employee taxes you must withhold and report.
- Practical guidance on classifying exempt staff and independent contractors, paying overtime, and processing wage garnishments correctly.
- Steps for building a compliant paid time off policy and understanding FMLA eligibility, sick leave laws, and ACA reporting.
- A side-by-side look at 401(k) and SIMPLE IRA plans, plus FSA rules and an end-of-year payroll checklist.
