Author: Charles Hardy

TaxBandits Form 5500-EZ filing requirements graphic with a Form 5500-EZ filing screen and TaxBandits mascot.
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Understanding Form 5500-EZ Filing Requirements

Learn the Form 5500-EZ filing requirements for Solo 401(k)s and other one-participant retirement plans, including the $250,000 aggregate asset threshold, filing deadlines, and e-filing rules. Discover key IRS compliance details, penalties, extension options, and common filing mistakes to avoid.
    Exempt vs. Non-Exempt Employees: Understanding the Difference for Better Payroll Compliance
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    Exempt vs. Non-Exempt Employees: Understanding the Difference for Better Payroll Compliance

    Classifying employees as exempt or non-exempt affects overtime eligibility, wage protections, and payroll accuracy, but many employers rely on outdated assumptions like "salaried means exempt." This guide breaks down the FLSA criteria that actually determine classification, the most common misclassification mistakes, and how to get it right as your team grows.