CISO at @sardineai. Treasurer of @OWASP Board of Directors. (he/him) qatta' mIghtaHghach.
Phoenix, AZ
Joined July 2009
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I signed up for a new financial service and it wanted me to link my bank account via Plaid. #nope
PSA: entering your banking credentials into Plaid means you’re giving it to Plaid, not your bank.
Super-bad idea, do not do this! And if you have, change your banking password.
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Totally get that. The mix of how many employees you have, how many different states you want to support, and how many benefits you want to offer will change which model will work best. Cost, liability, nexus, speed, ease, interest on escrowed taxes, etc all factor in as well.
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Personally, the big advantage was shifting legal liability and being able to onboard anyone in all 50 states quickly, versus wanting to hire an employee in a new state that required onboarding the state first, then could hire the employee.
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Best to get tax+legal advice from your trusted advisors. Some q's: do you want to setup payroll reporting in numerous states? Will direct employees establish nexus for income taxes? Do you want your own HR and the liability of following many state laws, or outsource it?
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PEO makes it super easy, plus you get big corp benefits you can offer your employees. I’ve gone the PEO route a few times, just make sure they reduce your rate for employees that exceed Social Security withholding limits once that’s hit.
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Please do! I’m still thinking of building a Seinfeld door chime.
youtube.com/watch?v=ApbTkp…
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You know it’s election season in New Hampshire when you see this on the back of a monster truck cruising through the parking lot of a shopping center.
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When setting up a HP printer for the first time, you have the option to buy your own ink OR pay a subscription based on pages printed (ie ink is “free” but only while you have a sub). Bonus: the flow will push you into a subscription unless you click all the correct buttons.
