If you’re thinking about hiring employees, you need a plan for payroll. But with the added expense of wages and benefits, you might not be too keen on the high price tag that comes with outsourcing payroll. Fear not; you can learn how to do payroll yourself. Here’s what to gather, the steps to follow, […]
Read More How to Do Payroll YourselfKaylee DeWitt
7 Common Payroll Errors That Trigger Heavy IRS Penalties (and How to Avoid)
Payroll mistakes are more than clerical slip-ups. They can trigger steep IRS penalties, interest, and audit scrutiny. The most common issues involve late tax deposits, worker misclassification, incorrect forms, and bad data. For example, failure to deposit penalties escalate from 2% – 15% of the unpaid amount, plus interest.
Read More 7 Common Payroll Errors That Trigger Heavy IRS Penalties (and How to Avoid)
Everything You Need to Know About New York PFL
When you become an employer, part of your responsibilities include handling payroll taxes. On top of remitting taxes, you also might employ workers in a state with a paid family leave program, such as New York.
Read More Everything You Need to Know About New York PFL
What to Do When an Employee Is Exempt from Withholding
Withholding taxes from employee wages is all part of Payroll 101. But, what happens when an employee is exempt from withholding?
Read More What to Do When an Employee Is Exempt from Withholding
Your Guide to Navigating Through Personal Use of Company Car Rules
Do your employees use company-owned or leased vehicles for personal reasons? If so, you need to know how to handle reporting personal use of company car for wage and tax purposes.
Read More Your Guide to Navigating Through Personal Use of Company Car Rules
How to Handle Pay and Employment Issues When You Hire Remote Workers
Remote work is becoming more common. If you hire remote workers who work in a different state than where your business is located, you need to know how to handle pay and employment issues.
Read More How to Handle Pay and Employment Issues When You Hire Remote Workers
Printing Payroll Checks: How to Print Payroll Checks in 5 Simple Steps
As an employer, you have different options to choose from when it comes to paying employees. One option you have is to print payroll checks.
Read More Printing Payroll Checks: How to Print Payroll Checks in 5 Simple Steps
How Much Does an Employee Cost? Busting Myths With an Infographic
The greatest expense for small business owners is often payroll. Why? Because when you hire employees, you pay more than just their wages. You also pay payroll taxes, benefits contributions, and other miscellaneous expenses. So how much does an employee cost?
Read More How Much Does an Employee Cost? Busting Myths With an Infographic
Is Unlimited Paid Time Off Right for Your Business?
Paid time off (PTO) is a benefit employers often offer to their employees. Offering PTO is not federally mandated in the Fair Labor Standards Act (FLSA), but there are some state-mandated paid sick leave laws. Many companies simply give employees a few PTO days per year, but employers also have the option to offer unlimited […]
Read More Is Unlimited Paid Time Off Right for Your Business?
How to Conduct a Pay Audit
Conducting regular pay audits can help you pay your employees fairly. Find out why you might conduct a pay audit and how to do so.
Read More How to Conduct a Pay Audit