Access the Arkansas Department of Finance and Administration here.
The Arkansas Department of Finance and Administration is a state agency responsible for overseeing financial management and administration for the state of Arkansas. They ensure compliance with state laws and regulations related to finance, taxation, and various administrative functions.
It’s 2024, and HR departments continue to traverse complex challenges, with employee retention at the forefront amidst a dynamically changing workforce.
This year, more than ever, HR professionals are tasked with fostering a productive and engaging environment for employees and ensuring rigorous adherence to an evolving set of compliance requirements.
The significance of staying current with HR compliance regulations cannot be overstated. From payroll to benefits management, non-compliance’s legal and financial repercussions can be substantial.
Operating a startup is complex. Founders and leadership teams need to juggle competing priorities, from seeking funding to managing the team to attending to an array of human resources, accounting, and administrative tasks. Operating a business that employs workers in multiple states is even more complicated: If your business is incorporated in Delaware and you want to hire remote employees in Maine, Nevada, and Arizona, the HR, accounting, and admin tasks quadruple.
The Employee Retention Credit, or ERC, is sometimes referred to as the Employee Retention Tax Credit (ERTC). This is a valuable tax credit offered to businesses and tax-exempt organizations during COVID.
This credit was designed to encourage employers to keep their workers on payroll, providing a significant financial incentive even during difficult economic times. While the ERC is no longer active, eligible employers can still claim this credit retroactively.
Gabrielle Sinacola |Jun 19, 2024
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