Compliance · December 09, 2024
Are you aware of just how important it is to properly classify those who work for you? It’s crucial that you accurately classify them. Otherwise, you could face serious consequences from the IRS!
Payroll/Taxes · July 29, 2024
Employee classifications are based on job duties and responsibilities. The classifications impact compensation, benefits and work hours; they are also used by employers to maintain compliance with labor laws.
Payroll/Taxes · June 10, 2024
If you know in advance what common errors employers make with W-2s, maybe you can avoid those mistakes next year. Know also that the data needed for state W-2 reporting may be more difficult to gather from far-flung employees, but states are cracking down on employers who haven’t withheld.
Payroll/Taxes · April 02, 2024
Pay stubs can be referred to as pay or wage statements and may be considered the decoder ring of payroll. Pay statements summarize employees’ gross pay, taxes and deductions, and net pay. They can be in printed format or made available electronically.
March 11, 2024
Employees can use a pay stub to confirm what was withheld from their gross pay so they can understand how the final net pay amount was arrived at. While no federal law requires pay stubs, most states do.
Payroll/Taxes · October 09, 2023
An unorganized and inefficient payroll process is a recipe for eventual disaster. If you rely on paper processes, both manual data entries and a massive number of spreadsheets can yield more errors than most people realize.