Expanding your staff: The impact on your employer obligations
from Small Business Trends
The National Federation of Independent Business'
Small Business Economic Trends for May 2016
shows more businesses planning to increase employment as compared with the month before. Hiring new employees to meet your company's growing needs may be a smart business move, but there are consequences to consider. It will cost you more in wages, payroll taxes and employee benefits. You also face an array of federal laws with which you must comply. And you may lose out on certain federal tax breaks.
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