How to be Prepared for a Worker's Comp Audit

How to be Prepared for a Worker's Comp Audit
 

In the United States, Workers' Comp is required in 49 of the 50 states, but here’s something you might not know: if your policy uses estimated wages, an annual audit is usually part of the deal! In this bite-sized episode of Kaizen Time, we explain what a Workers' Comp audit involves and share one simple tip to make the process smoother. Whether you’re new to Workers' Comp or just want to avoid surprises, this quick snapshot has you covered. Watch now to stay ahead of the game!

If you have an idea for a topic you'd like us to cover, send us an email: bsb@kaizencpas.com.

 

Kaizen CPAs works with auto repair shops across the country. We know running a successful shop takes more than keeping the bays full. We help shop owners understand their numbers, stay ahead of taxes, and build stronger, more profitable businesses. Auto repair is at the heart of what we do, but we bring the same practical, hands-on approach to businesses in other industries, too.

YPD HCM is part of the Kaizen CPAs family. YPD HCM helps small businesses manage payroll, HR, and compliance with the right tools and personal, human support—from payroll and tax filings to onboarding, employee management, and more. It’s practical help for the people side of your business, from a team that’s there when you need them.

The information in this article is provided for general educational purposes and reflects conditions as of the publication date. It is not legal, tax, accounting, payroll, HR, or compliance advice. Every business is different, so talk with a qualified professional about your specific situation.

What Your Payroll Reports Reveal About Labor Costs and Profitability

What Your Payroll Reports Reveal About Labor Costs and Profitability

Every pay period, payroll comes due, and a lot of shop owners treat that number like any other bill. They see it, they pay it, and they move on...

Read, Watch, or Listen →
Employee Handbook and Labor Law Mistakes That Cost Shops Thousands

Employee Handbook and Labor Law Mistakes That Cost Shops Thousands

Employee handbooks and the posters in the break room get lumped together a lot. Paperwork. Compliance stuff. Something you set up once and forget...

Read, Watch, or Listen →
Flag Rate Pay in Auto Repair Shops: The Compliance Piece

Flag Rate Pay in Auto Repair Shops: The Compliance Piece

If you run an auto repair shop, there's a good chance you already pay your technicians on flag rate, also called flat rate. It's the standard pay...

Read, Watch, or Listen →