The Importance of Being Prepared
The Importance of Being Prepared
We spoke before about the presidential election. Well the election is now over and Donald Trump is our new President. With a new president, comes new policies and ideas. What are these policies and why should you take note of them? Because these changes could affect how much taxes are collected. As a business owner, you have to be on top of this information. You are responsible for making sure the proper taxes are taken out of your employee’s paychecks. You are also responsible for the taxes your company pays. There are other policy changes that can affect your business. Just this year, overtime for salary workers was changed, and raising the minimum wage has been discussed to some extent for most of 2016, with many demanding to set it at $15 a hour.
Even if you are not too interested in politics or who is president, you have to be aware of the potential impact it can have on your company because:
- It will impact your company.
- You must make sure your employees are aware of any changes.
Of course, there is the chance that this election won’t have much impact at all on your company. It wouldn’t be the first time a candidate made promises they couldn’t keep. However, It is better to be prepared for something that doesn’t happen, then have something happen and you not be prepared.
Luckily, there is a source you can use to stay ahead of the curve on these changes, without having to do the research yourself. You are a busy person, especially now that you are in the middle of the holiday season. There are limitless sale possibilities that you can be taking advantage of. What is this source? It’s called Vision H.R. and it can take a lot of responsibility off your plate.
Don’t take too long on making a decision about plans for the Trump presidency. Yes, there is still a bit of time before the new candidate is sworn into office, but the idea behind being prepared is being ready for something before it happens. By outsourcing to Vision H.R. now you will get the normal benefits that they offer, such as an organized, easy to follow payroll department, and they will also be ready to make any changes to your payroll before they even take effect. On top of that, you will know when these changes will be coming, so you will be able to inform your employees.
The best part, even if you don’t end up needing to make any major changes, Vision H.R. can still benefit your normal, day to day business. It gives you more time to worry about more pressing work related responsibilities, while making sure your payroll is organized and done effectively. The only thing you risk losing from this, is a few moments of your time requesting a free quote for your company.
