HR{preneur}® by ADP®

Getting the most from your accountant … for tax filing & beyond

Are you ready for tax season? Get insight from the experts on how to be prepared, maximizing the value of your tax professional. We’ll also go beyond tax filing, and dive into how to leverage an accountant’s expertise as a partnership, helping you benefit from their advisory and consulting services throughout the year. Listen in as we cover:
[1:20] How to prepare for tax season & what to expect
[3:37] The importance of communication & sharing information securely
[5:58] Advisory & consulting services to benefit from throughout the year
[9:54] How a tax professional can help you form & achieve business goals
Copyright © 2024 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (January 2024).

How to grow your business & protect your cashflow

Your business cashflow is a critical component to your success. But, how do you strengthen your approach as your business grows? Today’s episode is a special segment HR{preneur} is bringing to you to explore banking and finance. We’re joined by Wells Fargo Bank, and we’ll dive into some key strategies to consider. Listen in as we cover:
[1:30] Establishing business credit & why it matters
[4:30] The startup phase & steps to account for
[6:29] Working capital & common financing options
[7:46] The growth phase & ways to improve cash flow
[10:27] Protecting cashflow during times of uncertainty
[11:58] Strategies for forecasting & monitoring expenses
Copyright © 2024 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. Information and views provided are general in nature and are not legal, tax, or investment advice. Wells Fargo makes no warranties as to accuracy or completeness of information, including but not limited to information provided by third parties; does not endorse any non-Wells Fargo companies, products, or services described here; and takes no liability for your use of this information. Information and suggestions regarding business risk management and safeguards do not necessarily represent Wells Fargo’s business practices or experience. Please contact your own legal, tax, or financial advisors regarding your specific business needs before taking any action based upon this information. This material is current as of the date of this episode (October 2023).

3 important tasks for closing out the year & what you need to know

Year-end bonuses, W-2 forms and annual tax credit notices are three undertakings employers tackle to close out the year. In this episode,  we’ll provide guidance to help you navigate these end-of-year responsibilities. Listen in as we cover:
[0:40] General considerations for end-of-year bonuses
[2:27] Overtime implications of bonuses
[3:32] Tax implications for bonuses
[4:32] W-2s: Timelines & how to furnish to employees
[7:02] Other required tax notices, like EITC, & key things to know
Copyright © 2023 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (December 2023).

Student loan debt: The impact to employees & employers

The recent resumption of student loan payments for millions of workers is impacting employees. Are you aware of how employers can help, reducing stress and turnover in the workplace? We’ll explore how employers can provide support for employees during this challenging time. Listen in as we discuss:
[0:50] The extent of student loan debt & who is most impacted
[1:42] The impact on employees, turnover & stress
[4:45] The cost to employers & what you can do
[6:28] Tax-free student loan repayment under the CARES Act
[8:36] 529 plans & how they can help
[10:05] How the SECURE 2.0 Act can help starting in 2024
Copyright © 2023 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (November 2023).

How to lower your health benefits costs with HRAs

Health Reimbursement Arrangements, or HRAs, are a modern way for employers to provide health benefits to employees. Rather than a one-size-fits-all group plan — or leaving employees to cover all of the costs of the plan on their own — employers can now offer their employees a tax-free allowance to purchase benefits that meet their unique needs. Listen as we cover:
[2:16] Balancing high cost & still providing for employees
[5:53] A new benefits model & how to take advantage of it
[8:18] What HRAs help solve for
[10:30] How to know if HRAs are right for your specific situation
[12:25] How to get started with an HRA & potential cost savings
Copyright © 2023 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (November 2023).