If you provide health insurance the premium you pay is a tax deductible expense, however all the employees and directors who receive this benefit will have to pay tax on the value of the benefit.
Your potential new employee says they want to take home a minimum amount of pay each month. They want to know how much they have to spend but you need to know how much it is going to cost you.
Why is it important to have the correct employment status for your worker?
There are many benefits to outsourcing your payroll and once you do you may be surprised at how cost effective it is.Here are just a few of the benefits
Business owners often want to know how much it would cost them to employ someone and of course that depends on how much you want to pay them. But there are three things to consider.