People Lease Service

Businesses succeed or fail based on one very important factor: service. Here at People Lease, we consider our success to be a direct result of the hard work we put into keeping our customers happy.

At People Lease we handle the back-office chores associated with employee administration. We provide companies with services like payroll, benefits, retirement, and deal with making sure our customers stay compliant with federal and state regulations. To do this effectively we work closely with our clients to make sure their needs are always met.

We know that every business is unique with its own unique problems. We service clients both large and small. No matter what size the company is, our staff is completely dedicated to providing perfect service. Our clients know that the well-being of their employees is one of the most important aspects of a successful business and we know that any difficulty will affect an employee’s peace of mind. That’s why any small problem is a big deal to us.

At the end of the day, People Lease clients know that we’re there for them. Our clients can always pick up the phone and talk to one of our payroll specialists and get personalized solutions to their employee administration concerns. If you want more information on what we can do for your company call us today at 601-987-3025.

Keeping Up With Employment Taxes

Whatever your business - if you have employees, you have employment taxes. For each hire, you are required to withhold the employee's federal income tax, FICA, Medicare, along with state income tax and state disability insurance in most states. As the employer, it is your responsibility to make sure these taxes are deposited to the government. Employee taxes are held in trust funds to be deposited by the employer using Form 941.

It's also the employer's duty to match the employee’s FICA and Medicare contribution amounts. All funds are deposited with the US Treasury Department through electronic funds transfer. The schedule of the deposits is dependent on the amount of the liability. Each quarter the taxes are reported to the IRS via the Form 941.

Your company must also pay into the federal and state unemployment funds. The federal rates depend on how much the employee’s pay is each year. Also, each state has different requirements and rates for unemployment taxes.

Failure to deposit taxes on time or mistakes in reporting taxes results in penalties levied by the IRS. It’s very important for companies to be on top of all aspects of their payroll or things can get expensive. If you have questions about your taxes or any employee administration concerns, contact People Lease today at (601) 987-3025.

Disaster Recovery Plans

With hurricane season on its way, small business owners might want to find the time to think about their disaster recovery plans. Of course, businesses should always be prepared for disasters at any time. You never know when you could be faced with flood, fire, accidents, or even computer malfunction.

Having a good plan in place can significantly reduce the costs incurred and can be the deciding factor in your company's survival in the event of a disaster.

To start on your disaster recovery plan, first you need to find out what events are most likely to cause disruption in your business and plan accordingly.

Over the years more and more businesses have begun to rely on computers to run their business. As a result, businesses need to develop effective back-up and recovery strategies to reduce the impact of disruptive events. Keeping your records backed-up and secure are essential to any disaster recovery plan. Many businesses use on-site or remote backup drives to keep their data secure. A newer option is cloud computing, where your information is stored via the internet. Look around to see what's right for your business.

Another factor to think of is how you will access the data in the event of an emergency. Will you need an alternate worksite or will employees be able to do their work from home? Will communication be disrupted?

Of course, the most important part of any disaster recovery plan is the safety of employees and patrons. Make sure employees are well-trained in what to do in case of emergency.

Here at People Lease, Hurricane Katrina was a definite eye-opener in the importance of disaster recovery plans. We would be glad to share our experiences with any business owners looking to make their own plan. Contact us anytime at 601-987-3025.