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Health City Sun
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November 25, 2022
New Mexico’s Legal & Financial Weekly
Vol. 10.102 No. 47
FORECLOSURE SALES: 0 PROBATE: 28 AUCTIONS: 16 NOTICE OF SUITS: 5 OTHER: 20 SPANISH NOTICES: 0
Keep Quality Employees With Quality Benefits
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mall business owners know that one of the secrets to success is hiring quality employees and keeping them. One of the best ways to keep your best employees happy is by offering a robust benefits plan. In fact, 11 states now mandate that most small businesses offer employees a retirement plan, according to Value Point Associates (VPA), a national Employer Member Association that specializes in offering “large-company” benefits to small and medium-sized businesses. VPA leverages the size of its membership to negotiate affordable rates on top-notch employee benefits plans. These plans can be tailored to the needs of a range of small business models. “VPA’s association model is likely the easiest employee benefits arrangement in the country for small businesses,” says Michael Schifferle, director of sales and marketing for VPA. Some of the distinctive benefits of a VPA membership plan include: - Less stress. VPA handles the benefit package administration and design, and small businesses can choose from several programs to select the best fit.
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services, audits, and Form 5500 preparation and filing. - More security. Small business owners appreciate that VPA membership reduces personal ERISA fiduciary liability. By contrast, a larger employer offering a 401k p l a n serves as the plan’s sponsor itself, which increases liability.
In addition to retirement plans, VPA offers affordable options for employee health insurance. Employers can explore both - More money. Many small employers feel traditional group insurance and non-traditional they can’t offer a 401k plan to employees coverage that provide the most flexibility and because of the high cost. With VPA’s incredibly savings of time and money. VPA helps small reasonable rates, small businesses can offer the retirement savings plans that businesses stay competitive on the health insurance front by offering employees employees want, which helps them compete with larger businesses for top ICHRA (Individual Coverage Health Reimbursement Arrangement), talent. QSEHRA (Qualified Small Employer Health Reimbursement Arrangement), and other HRAs, as well as Health Savings Accounts and Flexible Spending - Less paperwork. VPA also assists its members with administrative tasks and Accounts. -(NewsUSA) services, including benefit package administration, coordination with payroll
Small Business Checklist for Tax-Time Technology
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individuals on the road or working remotely. A lightweight design allows for easy document digitization from a range of locations, such as a hotel, airport, - Digitize: Making the transition to digital documents can be a big step for a offsite meeting venue, or a home office. small business, but converting documents to digital is becoming increasingly - Confidence. Investing in technology with a trusted reputation means less simple and popular. worry that an office solution - hardware or software - might fail at a crucial Advantages of scan-to-digital at tax time include less paper to sort through and time. The technology of scanners designed for small businesses has improved in recent years. easy access to a variety of records. ome tips to make technology work for you at tax time:
- Go mobile: Try using a mobile device or laptop and a portable scanner to “Small businesses with limited resources demand reliability and dependability in their document management technology,” says Nobuhiko Kitajima, VP and digitize tax documents while on the road. general manager of Canon USA Inc.’s Business Imaging Solutions Group. Portable scanners can save space in the office setting as well, by reducing the One example, the Canon imageFORMULA DR-M260 Office Document amount of space needed to store paper records and documents. Scanner, provides small businesses with reliable and efficient performance, and Printing from a mobile device or laptop to a wireless-enabled printer also comes with an industry-leading, five-year warranty. helps save time, especially during tax season. And many printers have security - Protection. Data security is essential, especially for businesses that work in features for output management and ease of use. the cloud. Be sure to choose products with security features, such as password protection, multi-factor log-in and output file encryption. When choosing the right office products, key points to consider include: - Convenience. Equipment that is easy to set up and use saves valuable time For more information about optimizing technology for an easier tax season, https://shop.usa.canon.com/shop/en/catalog/high-speed-documentfor small businesses. For those on the go, portable products such as the visit Canon imageFORMULA P-215II Scan-tini handle document scanning for scanners -(NewsUSA)