HR PEO Blog
Leanne Groen

Leanne Groen

Wednesday, 28 March 2018 14:52

IRS Tax Withholding Calculator

2018 brought several changes, a primary one being our tax law. As always, it’s important for you or your employees to understand the taxes being taken from their paycheck. It helps prevent an unanticipated tax bill when 2018 taxes are filed. The IRS has created a new W4 withholding calculator to assist taxpayers in calculating the correct amount of taxes for their paychecks. Interested? Follow the link below to use the IRS withholding calculator. 

https://www.irs.gov/individuals/irs-withholding-calculator 

The holiday season is upon us and this brings the inevitable company holiday party. It’s the one night a year that employees are able to let loose and have fun in a non-work setting. It’s a time of eggnog, gift giving, and joy… at least we hope so.

Friday, 03 November 2017 11:28

401(k) Contribution Limit Increase

On October 19, the IRS announced an increase in the contribution limits for employees who participate in 401(k), 403(b), and most 457 plans. For 2018 the new limit will be increased from $18,000 to $18,500. However, the catch-up contribution limit for employees aged 50 or over remains unchanged at $6,000 annually.

Thursday, 02 November 2017 14:06

Winter is Coming

The leaves are changing color and there’s a certain crispness in the air. You’re finding yourself reaching for your coat every morning before you step outside. Holiday decorations are appearing in department stores overnight and soon the jazzy holiday music will be filtered through speakers everywhere you go. We all know what this means; winter is coming.