As a business owner, compliance is your top priority.

So, it should be no surprise that when 2017 rolls in, you will have a few items to add to your compliance checklist. Most importantly, you will need to implement the rules and regulations created by Assembly Bill (AB) 1245.

AB 1245 requires all employers to now electronically file employment tax returns, reports, and all related payments to California’s Employment Development Department starting on January 1, 2017.

The bill was authored by Assembly Member Ken Cooley and sponsored by Small Business California. The program was initially announced in the fourth quarter of 2015; therefore, you have had adequate time to prepare for this change over slowly.

CareerCast and Young Invincibles both conducted studies of the top jobs for millennials. You are a millennial if you are born between 1982 and 2004 according to Strauss and Howe. This means you are between the age of 12 and 34. Millennials are the newest to join the workforce and coming out of high school and college in an economy that is far from great. So which jobs are millennials best for?

Career Cast and Young Invincibles found the following after interviewing 200 and 400 respectively. CareerCast used metrics that consisted of the degree of competitiveness, amount of public contact, physical demands, work conditions, salary and growth opportunities. Young Invincibles used salaries, projected growth and access for young adults.

Now is a great time to look back on the previous year and see how the economy did as a whole to help figure out what to expect in the New Year. As a business owner, it is important to know not only how your business did, but how it fits into the bigger picture of your local, regional and national economy. 2015 was a great year for businesses adding jobs and unemployment rates lowering. Is the economy affecting your hiring process?

The U.S. added 2.65 million jobs in 2015 with 292,000 jobs being added in just December. That’s 82,000 more than economists predicted. The unemployment rate is down by half (5%) since 2009 when it was close to 10%. Economists consider that close to full employment. Not only that but wages increased by 2.5% as well. You might be thinking, “That’s great, but what does that mean for me and my business?” Good question, let’s explore that.