Payroll/Taxes
Payroll/Taxes · October 21, 2025
One of the first things to consider when choosing a payroll schedule is how it impacts your cash flow. Weekly payroll, for example, means cash is going out more often. That's fine — if cash is coming in just as steadily.
Payroll/Taxes · October 14, 2025
Payroll mistakes are costly — in time, money and employee trust. Understanding the following most likely errors is the first step toward preventing them:
Payroll/Taxes · September 09, 2025
Your employees expect their paychecks to be accurate and on time — and rightfully so. A single missed or delayed check can impact 86% of American workers financially. Beyond the dollars, it erodes trust between your company and your team.
Payroll/Taxes · August 11, 2025
Overtime pay for nonexempt employees isn't always as simple as multiplying a worker's hourly wage by hours worked. Certain types of bonuses can effectively increase an employee's regular rate of pay, which in turn effects how an employer must calculate their overtime earnings. Whether a bonus affects overtime depends on how it's classified under the Fair Labor Standards Act.
Payroll/Taxes · July 07, 2025
On your employee's first day on the job, you are required to ask them to complete federal Form W-4, Employee's Withholding Certificate. (Multiple language versions are available here.) The employee enters various data onto the form — including their tax filing status, whether they have multiple jobs, any credits they have, the amount of other income they earn or receive, and the amount of deductions available to them. Together, these considerations let them compute how much
Payroll/Taxes · March 24, 2025
It's important to accurately track overtime hours because failing to do so can result in legal disputes and financial penalties. By tracking overtime, you can ensure that your employees are fairly compensated. It also means you'll be in full compliance with Fair Labor Standards Act requirements.
Payroll/Taxes · January 20, 2025
At the end of December, the IRS announced standard mileage rates for 2025. Below are the deductions, if you are using an automobile for approved purposes.
Payroll/Taxes · January 06, 2025
Hiring remote employees gives companies access to a larger pool of workers, but because each state has its own laws regarding workers' compensation, disability insurance and/or paid leave, as well as its own taxing authority, employers have to know and be prepared for the implications on state and federal income taxes when it comes to remote workers, Medicare withholding and unemployment insurance.
Payroll/Taxes · December 02, 2024
Let's start by reviewing what federal law requires you to retain:
Each employee's personal information, including their full legal name, Social Security number, contact information, emergency contacts and occupation, needs to be kept. If you offer benefit plans, the benefits enrollment data should also be retained.
Payroll/Taxes · November 04, 2024
Payroll is an integral part of every business. The payroll accounting process involves paying wages, calculating hours, applying benefits, deducting taxes and collecting garnishments, all while staying in compliance with federal rules, state laws and local regulations.