This has been corrected!

You should be able to reach us through the contact forms now. We apologize to any of you who were having difficulty reaching us.

Myth # 7: “I don’t need to be on my payroll – I can take distributions.”
Our CPAs have always advised us that even though Subchapter S corps and LLCs allow “distributions” to owners, the IRS expects you to run a payroll and use those distributions for special or unusual circumstances. A failure to run a payroll regularly can “raise a flag” on your return, which may make you subject to an audit.

Myth # 6: “If I have Workers’ Comp insurance claims don’t affect me.”
While it is true that in most cases the full burden of the claim falls upon the insurance company, it is important to remember that an “experience modifier” follows your corporation or business entity throughout its lifetime. Excessive claims can raise this modifier, which will correspondingly raise your workers’ comp premium.

Myth # 5: “A payroll service will relieve me of the worry of paying payroll taxes.”
Some payroll services, especially PEOs, who legally become the employer of record, can certainly mitigate the liability associated with payroll taxes. With a standard payroll service however, it is your FEIN that goes on the return and hence you will be audited if there is a problem. It is true that a reputable payroll service will “stand by your side” at the audit but you will still have some, if not all, of the responsibility. In a PEO situation the lion’s share of the liability rests with the PEO since it is their FEIN that is on the return.

Myth # 4: “Unemployment Claims do not cost me time or money.”
This gets monitored much the same way workers’ comp claims do. The state will keep a record of your claim history and can adjust your rate up or down on an annual basis. Certainly managing your employees properly and terminating them according to correct procedures will reduce your unemployment rate exposure.

Myth # 3: “We have our posters up so we are in compliance.”
Oh really? How old are those posters? Have you checked with all the state, federal and local authorities? Wouldn’t it be nice to have someone do that for you?

Myth # 2: “I’m exempt from Workers’ Comp because I don’t have enough employees.”
This is a great misunderstanding. NO ONE is exempt from Workers’ Comp in the United States of America. If an employee is injured on the job it falls under the Workers’ Compensation Act and the employer is responsible for all medical, legal, and administrative expenses involved with the claim, as well as paying lost wages from time out of work, typically two-thirds of the normal wage.

In most states, you may apply for an Insurance Exemption, which allows you to be self-insured. This depends on the number of employees. In Florida it is 3 or fewer employees besides the owners, or 1 employee in the construction field. You may be “exempt” from having an insurance policy but you still are subject to workers’ comp.

Myth # 1: “I don’t have employees, all my people are 1099 contractors.”
There is no doubt that many people in a contracting situation legally and are truly 1099 contractors. However, this is one of the most widely abused categories in the employment arena today. The 1099 is meant for those people that are truly independent, NOT just a way to avoid paying taxes.

Myth # .5: “I can do it without professional help.”
Good luck with that

We hope you will view us as a resource. You probably don’t need our services now, but you want the firetruck to know how to get to your house! Some of you might have even “smelled some smoke” while we were talking …

Owner Dominick Abatino, shown here loading an order for a delivery, tells us his reason for being a PEO Pros client. “It relieves a huge headache for us. The payroll, the taxes, the workers’ comp, it’s all somebody else’s problem now. PEO Pros found us the perfect partner PEO and we are really happy with them.”

Dominick and his partner Al Giammatei have owned and operated Grub Taxi, LLC since 2008. Although they are based in Orlando they serve other areas such as the Florida East coast as far south as Palm Beach.

They have been PEO Pros clients since 2009.

Ashley Guba, Office Manager tells us; “I would hate to have to do all that stuff myself. This gives me time to do my job and not worry about the HR details.”

She also tells us, “PEO Pros initially put us with a PEO that turned out to be a bad match. Fortunately they were able to get us to the right PEO almost right away. PEO Pros is very responsive and are always available to help us if something comes up.”

We are also clients of Grub Taxi. Our office frequently orders food through their service and we are very happy with the service. One of our agents tells us, “… the food always gets here fast and it’s still warm!”

Grub Taxi’s headquarters are in Orlando, FL. More information can be found at Grub Taxi, LLC.