Paying Social Security tax is a time-honored tradition—since 1937, to be exact. 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
Author:
Mike Kappel
Mike Kappel, serial entrepreneur and CEO of Patriot Software, offers payroll advice from more than 30 years of experience to small business owners.
A Year-end Payroll Checklist to Finish the Year Strong
As the year comes to a close, you might be gung-ho about all the goals you want to achieve next year. But before you can get the ball rolling in the new year, you must wrap up some things in the current year—including your payroll.
Read More A Year-end Payroll Checklist to Finish the Year Strong
What Is Workers’ Compensation Insurance?
No matter what type of business you run, there’s a chance employees could get hurt or sick. They might slip on a wet floor, fall off a ladder, cut themselves with a blade, or get in a car accident while running a business errand. Because your employees can become hurt or sick in numerous ways, […]
Read More What Is Workers’ Compensation Insurance?
What Is Comp Time? What Employers Need to Know
Here’s a number: $287,923. That’s how much the Department of Labor recovered in back wages and liquidated damages from a business that offered comp time instead of overtime. So, what is comp time, and when is it OK to give?
Read More What Is Comp Time? What Employers Need to Know
What Is a Wage Garnishment? What Employers Need to Know
You may have an employee whose wages are subject to garnishment at some point. What is a wage garnishment? And what do you need to do?
Read More What Is a Wage Garnishment? What Employers Need to Know
What Is the EEO-1 Report, and Which Employers Need to File it?
When your business grows, you may need to hire additional employees. But, hiring more employees comes with additional responsibilities. Depending on the number of employees you have and some other factors, you may be responsible for filing an EEO-1 report. So … what is EEO-1, anyways?
Read More What Is the EEO-1 Report, and Which Employers Need to File it?
8 Fast Facts to Make Giving Charitable Donations a Smooth Process
Do you enjoy contributing to your favorite nonprofit organizations? If your business makes charitable donations, you’re automatically eligible for the joy of giving. And, you may qualify for a tax deduction.
Read More 8 Fast Facts to Make Giving Charitable Donations a Smooth Process
Patriot’s CEO Apologizes
Dear Patriot Software Customers, As I mentioned in my March 14th timeline update to you, your payroll and payroll-tax dollars are securely flowing again at Silicon Valley Bank (SVB). Patriot is in good shape, and our Customer Support staff is here to help you. So, you are good to go – meaning that you can […]
Read More Patriot’s CEO Apologizes CEO Letter to Customers | SVB Closure Doesn’t Stop Patriot Software
Dear Patriot Software Customers, Payroll and payroll-tax dollars are securely flowing again at Silicon Valley Bank (SVB). Patriot is in good shape. FYI, my Team at Patriot Software has been working very long hours to support our hard-working customers taking thousands of phone calls, and I sincerely want you to know that we have your […]
Read More CEO Letter to Customers | SVB Closure Doesn’t Stop Patriot Software An Update from Our CEO
Dear Patriot Software Customer, I’m sure you’ve heard the news that on Friday 3/10/23 the 16th-largest bank in the USA, Silicon Valley Bank (SVB), was shut down by California regulators, and it’s now under the control of the FDIC. Up until 3/10/23, SVB was the bank that Patriot Software used for 100% of its activities. […]
Read More An Update from Our CEO
