Compliance & Risk Management
Adhere to Regulatory Guidelines and Make Necessary HR Adjustments
Maintaining compliance means adhering to specific policies and standards as required by law. Applied Business Solutions facilitates all industry specific government compliances for you, including monitoring state and federal laws, how these regulations impact your business and preparing and filing all necessary forms and documents.
Maintaining Compliance In The Workplace
HR compliance of state-level HR mandates, e.g. Affordable Care Act, Small Business Efficiency Act, ADA Compliance, Family and Medical Leave Act. Assistance with developing handbooks, job descriptions, common ownership rules, etc.
Payroll tax calculation and submission to federal, state and local entities. Preparation and submission of all compliance reports.
Compliance update for all federal, state and local tax regulations. Tax agency inquiries.
Claims processing. Benefit charge statement audits. Annual review of state tax rates for unemployment insurance. Support for legal proceedings, including hearing and appeals preparation. Employer training and pre-separation counseling
Automated calculation of court-ordered employee wage garnishments. Payment and documentation to appropriate agencies
Regular review of legislation and agency rulings that affect compliance
Top 5 Affordable Care Act Concerns for Small Businesses
To illustrate an example where having compliance specialists would be beneficial: on average only 10% of small businesses surveyed have implemented solutions to ensure overall ACA compliance as well as the aggregation & security of their data. Only 12% of companies survey knew what measures to employ to determine ACA eligibility and affordability. When filing ACA reporting, only 24% of small businesses intended to do it in-house. Finally, 50% of those surveyed knew how to respond to Exchange Notices.
- Ensuring Compliance 10% 10%
- Data Accuracy, Aggregation and Security 10% 10%
- Determining Eligibility and Affordability 12% 12%
- ACA Reporting 24% 24%
- How to Respond to Exchange Notices 50% 50%
Managing Compliance Risks
Employee Safety violations are a regular occurrence. Under both state and federal law, employers are required to provide a safe working environment for employees. Even failing to properly inform employees of safety precautions or display emergency procedures can result in hefty fines for a business.
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2931 Plummer Cove Rd.
Jacksonville FL, 32223
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