Payroll Blog

On August 10, the SBA opened its PPP forgiveness portal to lenders. However, many lenders are waiting to send applications to the SBA due to ongoing legislation talks in Congress. Consult your lender for more information.

With loan forgiveness on the line, you probably didn’t apply for a Paycheck Protection Program (PPP) loan for the low-interest rate of 1%. So, you got the loan. Now, you want to know how to get your PPP loan forgiveness. Continue reading “PPP Loan Forgiveness: How to Get Your PPP Loan Forgiven”

You’re likely familiar with the Fair Labor and Standards Act’s (FLSA’s) rules on overtime pay. But when you have employees who work varying schedules, you might be able to calculate overtime using the fluctuating workweek method. Continue reading “Calculating Overtime When Your Employee Works a Fluctuating Workweek”

Let’s face it: everybody makes mistakes. So, if you make a mistake on an employee’s Form W-2, don’t panic. Instead, learn how to correct a W-2 form and take action. Continue reading “How to Correct a W-2 Form If You Make a Mistake”

Changing insurance plans can seem like a major hassle for your entire company, especially your employees. But, it doesn’t have to be. Maybe you want to switch plans because your current one is too costly. Or, maybe you have no choice but to switch. Whatever the case may be, changing health insurance plans can be painless if you take the right steps.

Continue reading “5 Steps for Changing Insurance Plans at Your Small Business”

As an employer, you’re responsible for withholding certain taxes from employees’ wages. One of the taxes you may need to withhold is local income tax. Read on to get the scoop on this tax, and learn how to calculate local income tax.

Continue reading “How to Calculate Local Income Tax in 6 Simple Steps”

Do your employees live in a different city than the one they work in? Does that city have local income tax? If so, you might consider implementing courtesy withholding to simplify your employee’s tax responsibilities. Continue reading “What Exactly Is Courtesy Withholding?”

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?

Continue reading “What Is the EEO-1 Report, and Which Employers Need to File it?”

Failing to pay eligible employees overtime is a wage violation that lands a number of employers in hot water each year. But if you thought federal overtime laws were the end of it, you’re in for a surprise. There are also overtime laws by state you may need to follow. Continue reading “Overtime Laws by State: The Quintessential Employer’s Guide”

Does your business have a contract with the government? If so, you may be responsible for following specific federal regulations, like reporting on your efforts to employ veterans. How much do you know about your VETS reporting responsibilities? Continue reading “Are You Keeping up With Your VETS Reporting Responsibilities?”

If you have employees who travel for work, you might offer them per diem pay to reimburse them for travel-related expenses. Per diem rates can vary based on the state and city your employee travels to. Read on to learn about different state per diem rates, including a state-by-state breakdown of each state’s average rates.

Continue reading “Your Go-to Guide on State Per Diem Rates”