When you become an employer, you add a lot of things to your plate, like running payroll. One of your employer responsibilities with payroll is withholding certain taxes, such as SUTA tax. But, what is SUTA tax?
Read More What Is SUTA Tax? Overview of the Mandatory Payroll Tax
Have you ever seen that tiny box on a W-2 form for statutory employees? Have you wondered, What is a statutory employee? If so, you’re not alone. Many employers without statutory employees aren’t entirely sure what this classification means. But at one point, you may need to hire a statutory employee.
Read More What Is a Statutory Employee?
Paying Social Security tax is a time-honored tradition since 1937. Both employers and employees pay the tax. But when an employee hits the Social Security wage base, it’s game over for withholding and contributing the tax.
Read More The Social Security Wage Base Is Your Cue to Stop Withholding This Tax
For small business owners, making significant contributions towards employee retirement can be a challenge. Simplified Employee Pension (SEP) plans can be a great savings option.
Read More What Is a Simplified Employee Pension (SEP)?
Your alarm clock goes off, you roll over to get ready for work, but then … ugh. You just can’t do it because you’re too sick. Ever have one of those days? Your employees have, too.
Read More What Is Sick Pay?
Many employers find themselves extending their hours of operation to keep up with customer demands. Businesses operating day and night need employees who are willing to work evening or late shifts. However, it can be difficult to recruit employees for these undesirable hours.
Read More What to Know About Shift Differential Pay
Here’s the situation: Your employee takes a little time off because they can’t physically work. What happens? They may be eligible for disability insurance benefits. Typically, you can elect to offer disability insurance to employees. However, five states have a mandatory state disability insurance program. Does your state require state disability insurance? Let’s get into […]
Read More State Disability Insurance: What Employers Need to Know
Sometimes, payroll mistakes happen. If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay?
Read More For Payroll Adjustments, There’s Retro Pay
Most business owners are familiar with their minimum wage responsibilities. But if you take on a federal or state government contract, you also need to know about prevailing wages. What are prevailing wages?
Read More What Are Prevailing Wages?
When employees incur travel-related business expenses, you might consider covering their costs. You can reimburse employees for expenses by giving them per diem pay. What is per diem pay?
Read More What Is Per Diem? How to Cover Employees’ Travel-related Business Expenses