Avoiding Compliance Pitfalls – Four Things You Need to Know

The workplace is rapidly evolving, and gig work is on the rise. Right now, 36% of American workers do gig work as either a first or second job, which amounts to nearly 60 million workers in the US alone. By 2023, we can expect 52% of American workers to either be gig...

The American Recovery Plan Act (ARPA) of 2021

By Laura Detsch Compliance Officer The American Recovery Plan Act (ARPA) of 2021 was passed in early March 2021. The bill included many payroll modifications.  We at Greenshades want to be sure you understand how the changes could affect you. Items that may affect...

What Every Employer Needs to Know About Paying a Deceased Employee

By Jeffrey Rothholz Senior Compliance Officer   It’s never an easy situation when an employee passes away, especially unexpectedly, but companies that have a plan in place can make the process a bit easier for those left behind while ensuring that they meet their...

IRS Form 941X (Rev. July 2020)

By Laura Detsch Compliance Officer   There is a draft version of the IRS Form 941X (Rev. July 2020) available. The final version is expected to be available by the end of September 2020. This revision incorporates the additional elements related to the changes...

CARES Act – Employer Retention Credit

  The Cares Act is ‘phase 3’ of the federal stimulus package fighting the effects of COVID-19. As with most federal Bills this one has many facets to it that will assist a wide array of needs. The CARES ACT assists via Small Business Interruption Loans, the Economic...