You probably decided to outsource your payroll processing because running payroll can be a complicated and time-consuming task. Did you know that Patterson & Company CPAs pllc can also make it easier to pay for your worker’s compensation coverage? It’s true. We’ve partnered with The Hartford, a leader in small business insurance, to offer you competitively-priced worker’s compensation coverage with payment options that give you cash flow benefits.
When you buy a worker’s compensation policy from the Hartford, you can elect to pay premiums with their XactPAY option. Compared to an estimated annual payroll amount, XactPAY relies on real-time payroll to calculate your premiums, resulting in more accurate premium payments. This means you’re less likely to be on the hook for an adjustment at the end of the policy term because of under-reported payroll or pay more than you need to throughout the year. And with XactPAY, there are:
In addition to cash flow benefits, XactPAY saves you:
With XactPAY, we transmit the amount of your payroll to The Hartford each time it is run. They calculate the premium you owe based on that payroll and will deduct the amount due from your bank account after each payroll cycle. You’ll receive a notification one day prior to the request is sent to your bank with the withdrawal amount or premium due. It’s that simple!
Get a worker’s compensation quote from the Hartford and sign up for XactPay! Contact us at 502-276-0956.
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If you are like most, summer is prime time for family and friend vacations. It’s a time to unwind and recharge…to see new places and try new things. For many, “new things” often means food. And if you are trying to maintain or lose weight, that can be a problem. So, for all you travelers trying to stay healthy this summer, here are 5 great tips to help you stay on a healthy eating plan and still enjoy your vacation!
If you are like most families, summer means vacation. And if your kids are like most kids, they tend to be tethered to their technology. Whether planning to travel abroad or a long weekend at a local campground, summer is a time for exploration and simply paying attention to the beauty around us.
Multigenerational family vacations have experienced an uptick in popularity, especially with older generations being more active and families living farther apart. Family getaways certainly bring people together physically, but also emotionally. Dedicated family time is simply good for the soul…even more so when multiple generations take part. With this in mind, we bring you a few ideas and tips to consider when planning your next multigenerational vacation.