New Form W-11 for HIRE Act

Under the HIRE Act,(a), employers are exempted from paying the employer 6.2% share of Social Security (i.e., OASDI) employment taxes on wages paid in 2010 to newly hired qualified individuals.  These are workers who: (1) begin employment with the employer after Feb. 3, 2010 and before Jan. 1, 2011, (2) were previously unemployed, (3) do not replace other employees of the employer (unless those employees left voluntarily or for cause), and (4) aren't related to the employer under special definitions.  The payroll tax relief applies only for wages paid with respect to employment beginning on Mar. 19, 2010 (the day after the HIRE Act was signed into law by the President) and ending on Dec. 31, 2010.

The Importance of Having a Procedures Manual

It can be time consuming and expensive for most businesses to train new employees, or have existing employees take on new duties.  What can you do to cut down these costs?  Have manuals on hand that clearly spell out the day to day duties of each employee.  Having a detailed manual of each job within your company is a fast way to lower employee-training cost. 

Don't think that a procedures manual is the same as a written job description.  Having procedures manual should explain exactly how to perform any one person's job. 

Here's how you can get started: 

Does Your Copy Machine Hold a Secret???

At a warehouse in New Jersey, 6,000 used copy machines sit ready to be sold. CBS News chief investigative correspondent Armen Keteyian reports almost every one of them holds a secret.

Nearly every digital copier built since 2002 contains a hard drive - like the one on your personal computer - storing an image of every document copied, scanned, or emailed by the machine.

In the process, it's turned an office staple into a digital time-bomb packed with highly-personal or sensitive data.