In the foodservice industry, tips are an important part of employee compensation. Tips are added to employee wages so they can earn at least minimum wage. But, what happens when a tipped employee earns few tips?
Read More What Are Allocated Tips?
Patriot Software's Blog
What Are Post-tax Deductions from Payroll?
August 19, 2026Payroll isn’t as easy as handing checks to employees for the amount of time they worked. You also need to subtract deductions from payroll. Deductions include taxes, pre-tax deductions, and post-tax deductions from payroll.
Read More What Are Post-tax Deductions from Payroll?
Do You Have to Follow the IRS Next-Day Deposit Rule?
August 19, 2026As an employer, it’s your responsibility to collect, file, and deposit payroll taxes with the proper agencies (e.g., IRS). Depending on your payroll and tax liability amount, you may need to deposit taxes more frequently. If you tend to have a heftier payroll, you need to learn about the Next-Day Deposit Rule.
Read More Do You Have to Follow the IRS Next-Day Deposit Rule?
How to Reduce Absenteeism in the Workplace
August 19, 2026It’s a fact of any business: Employees occasionally miss work and absenteeism is going to happen. Sure, absenteeism isn’t always avoidable. But, there are steps you can take to reduce absenteeism in the workplace.
Read More How to Reduce Absenteeism in the Workplace
COBRA Health Insurance: Do You Need to Offer It?
August 19, 2026As your business grows, so do your responsibilities as a business owner. Once you have 20 full-time equivalent employees and offer health insurance, you need to know about COBRA. What is COBRA? Do you have to offer it? Read on to get answers to these questions and more.
Read More COBRA Health Insurance: Do You Need to Offer It?
What Is an ABA Number?
August 19, 2026ABA numbers are unique numbers assigned to financial institutions to allow funds transfers between different banks. Although this practice is also prevalent in other countries, the nine-digit format is unique to the United States. ABA numbers are known by several other terms, namely Routing Transit Numbers (RTN), ABA Transit Numbers, and ABA Routing numbers.
Read More What Is an ABA Number?
Do You Need to File Form 940? If So, Here’s How
August 19, 2026Did you employ workers at your small business this year? When you have employees, you need to handle employment taxes, like federal unemployment (FUTA) taxes.
Read More Do You Need to File Form 940? If So, Here’s How
Types of 401(k) Plans: Traditional, Roth, and More
August 19, 2026Here’s the scoop: 72% of private industry workers have access to employer-provided retirement plans. Do yours? If you don’t offer employees a small business retirement plan, like a 401(k), it might be time to hop on the bandwagon. Read on to learn about the types of 401(k) plans to choose from.
Read More Types of 401(k) Plans: Traditional, Roth, and More
What Is IRS Form 1099?
August 19, 2026Did you pay any vendors this year? There are many types of payments, ranging from rents to prizes and awards. And if you did pay a vendor, you might be required to file Form 1099-MISC. So, what is IRS Form 1099?
Read More What Is IRS Form 1099?
What Is Year-to-date Payroll, and Why Does it Matter?
August 19, 2026If you’re a small business owner with employees, a significant portion of your business’s expenses goes toward paying wages. That’s why you should pay attention to your year-to-date (YTD) payroll expenses. What is year-to-date payroll?
Read More What Is Year-to-date Payroll, and Why Does it Matter?