If you thought keeping up with yearly tax law changes was hard enough, you might not be happy to hear this news. There are a couple changes to Form W-2 reporting you may need to pay attention to.Read More Changes to W-2 Reporting for Tax Year 2020? You Can Thank COVID-19
- PPP Loan Forgiveness: How to Get Your PPP Loan Forgiven
- Updates to the Income Tax Withholding Tables and What You Need to Know
- Don’t Forget to Collect State W-4 Forms from New Hires
- What Is Time and a Half, and Who Qualifies for It?
- PTO Payout Laws by State: Is Your Use-it-or-lose-it Policy Breaking the Rules?
Stay up to date on the latest payroll tips and training
Employer A runs payroll at the same time every regular pay period. No hiccups—just a smooth, reliable process. Employer B tends to scramble, often forgetting about cutoff periods and being forced to expedite payroll. Quite stressful, and a bit expensive after a while.Read More 6 Steps to Creating and Sticking to Your Payroll Calendar
Do you have an employee who lives in one state but works in another? If so, you typically withhold state and local taxes for the work state. The employee would still owe taxes to their home state, which could turn into a hassle for them. Or could it? Cue reciprocal agreements.Read More Which States Have Reciprocal Agreements … and What Does That Mean?
As an employer, you probably offer your employees some types of fringe benefits. From health insurance to employee stock options to paid time off, there are a number of benefits out there. These benefits can impact your fringe benefit rate. So, what is a fringe benefit rate?Read More What in the World Is a Fringe Benefit Rate?
If you have employees who work in hazardous conditions, you may want to give them additional compensation for performing dangerous job duties. This is where hazard pay comes into play. Learn all about hazard pay, whether or not it’s mandatory, and how to create a hazard pay policy.Read More Caution Ahead! Have You Heard of Hazard Pay?
As an employer, you’re responsible for withholding and remitting payroll taxes. But, what happens if you don’t pay them? Who takes over the unpaid payroll tax burden? Keep reading to find out who is responsible for unpaid payroll taxes.Read More Uh-oh … Who Is Responsible for Unpaid Payroll Taxes?
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?
Businesses. Workers. Investors. The government. Everyone uses the unemployment rate to measure how well the economy is doing. You might keep an eye on the national rate, but what about unemployment rates by state?Read More Unemployment Rates by State, and What it Means for Your Business
Small business owners have certainly been through the ringer in 2020. The Paycheck Protection Program (PPP) was a lifeline many business owners were willing to grab, but there were some strings attached. Complicated rules and unanswered questions left many people scrambling.Read More Form 3508, 3508EZ, or 3508S: Which Version Should You Use for PPP Forgiveness?