Patriot Software's Blog

What Is an ITIN?

For identification and tax reporting purposes, both employers and workers need Taxpayer Identification Numbers (TINs). These numbers let the IRS identify you when you fulfill your reporting and filing requirements. One Taxpayer Identification Number you should know about is the ITIN. What is an ITIN?

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What Is Imputed Income?

As an employer, you are likely familiar with reporting regular wages and taxes withheld on Form W-2. But, are you aware that you must report other amounts or payment types, such as imputed income? Learn what is imputed income, types, and how to report imputed income.

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What Are Regular Hours?

The term “regular hours” can mean several different things, but most often refers to the usual hours that employers expect their employees to work.  When an employer runs payroll, they usually must select from several different hours types: regular hours, overtime hours, holiday hours, etc.

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