5 Ways to Reduce Insurance Premiums

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Large Employers: Time to Start...Planning for ACA Information Reporting

5 Ways Contractors Can Reduce Their Insurance Premiums.

Increase Your Efficiency by Documenting Business Procedures

Make Time for a Midyear Payroll Review

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Large Employers: Time to Start

Planning for ACA Information Reporting

With the U.S. Supreme Court's June 25 decision upholding the Affordable Care Act (ACA) yet again, employers subject to the act's information reporting provision can no longer afford to put off planning in the hope that the requirements might go away.

Beginning in 2016, "large" employers as defined by the act (generally employers with 50 or more full-time employees or the equivalent) must file Forms 1094 and 1095 to provide information to the IRS and plan..(Read More)

Client Quote

"I have been a client of Gilbert Associates for over 30 years. My experience through the years indicates the firm has a culture of consistent quality "

- Derrick & Pamela
Waddell

JULY 2015

We are half way through 2015 and it is a good time to start reviewing your business records, procedures, and health insurance information to ensure you have a smooth second half of the year. We present a few tips and tricks to help eliminate the stress out of it all.

Also, most businesses have to pay insurance premiums to protect their investment. If you're required to carry numerous types of insurance and high policy premiums are cutting into your profit margin, there are some cost-cutting measures you can take. We offer five ways to reduce costs without sacrificing the quality of the policies.

If you have questions, we have answers, give us a call and let us make sense of it all, so you can relax!

5 Ways Contractors Can Reduce Their Insurance Premiums

Construction is a risky business with typically slim profit margins. Most contracts, as well as simple common sense, dictate that contractors carry various forms of business insurance. Still, there's no reason to pay unnecessarily high premiums just to obtain adequate coverage.

Here are five ways to reduce your costs without sacrificing the quality of your policies ...(Read More).

Increase Your Efficiency by Documenting Business Procedures

Addressing customer and vendor demands, keeping the shelves stocked with fresh products, ensuring that operating costs don't eat up an inordinate share of sales revenues - these pressures and many more can crowd out the seemingly inconsequential job of documenting your company's policies and procedures.

But failure to develop and maintain written procedures is often a contributing factor behind operational inefficiencies, customer complaints, employee turnover, even fines and lawsuits...(Read More)

Make Time for a Midyear Payroll Review

Now that June has passed and the second quarter is over, July provides a good opportunity for a midyear payroll review. Here are three areas to assess and update.

Form I-9. Make sure you have a completed Employment Eligibility Verification Form on file for each of your employees. Check that you and your employees signed the right sections and that you met the deadlines for completion. Finally, make sure retention policies are up to date. You're required to keep Form I-9 as ...(Read More)