Access the
Michigan Unemployment Insurance Agency (UIA)
here.
The Michigan Unemployment Insurance Agency (UIA) is a state agency responsible for administering unemployment benefits to eligible individuals in Michigan. The UIA works to ensure compliance with state regulations and provide financial assistance to those who are unemployed through no fault of their own.
When you’re responsible for your employees’ well-being in the form of their retirement plans and health benefits, that’s where ERISA comes in.
ERISA, the Employee Retirement Income Security Act of 1974, is a piece of federal law with a broad reach. It sets minimum standards and safeguards designed to protect employees in the private sector participating in employer-sponsored retirement plans and benefit plans (like healthcare coverage).
If you’re a small business owner, HR professional, or startup founder, understanding ERISA law is essential to ensure you fulfill your duties while protecting the interests of your employees.
Payroll might seem like a straightforward process for business owners: Calculate hours, apply pay rates, factor in deductions. However, behind the scenes, proper payroll management involves thorough recordkeeping. It’s what keeps your business compliance up to date and protected.
Think of those records as your shield against the dreaded IRS audit. Painstaking recordkeeping demonstrates your commitment to running a responsible business. Plus, federal laws (like the FLSA) and an assortment of state requirements dictate how long you need to hold on to specific payroll documents.
Your statutory agent is essentially your business’s official point of contact in Arizona — the designated person or company that accepts important legal documents on your behalf. This isn’t a choice — it’s a requirement.
Arizona law mandates that all businesses operating within the state must have a statutory agent in place. Why? A statutory agent ensures that your business always has a reliable way to receive critical notices and legal documents, protecting you from potential setbacks and surprises.
Kaitlin Edwards |May 19, 2024
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