Did an employee leave your business? It’s time to whip out your employee termination checklist to see what you need to do. And one of the responsibilities on said checklist is giving terminated employees their final paycheck. But, how soon do you need to pay their final paycheck? Cue final paycheck laws by state.
Read More Understanding Final Paycheck Laws by State (+ Ultimate Chart!)Payroll Articles
Payroll Tips, Training, and News
PTO Payout Laws by State: Is Your Use-it-or-lose-it Policy Breaking the Rules?
April 5, 2024Deciding whether you want to provide paid time off (PTO) is something you need to do before you hire an employee. Offering PTO also requires you to craft a PTO policy that explains how your business treats accrued PTO. But, PTO payout laws by state may restrict whether you can establish a use-it-or-lose-it policy. Sure, […]
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Form 1099-NEC vs. W-2 Differences: Which Should You Use?
April 4, 2024After the end of every year, you need to report your workers’ wages. You must send a form to the worker and governments. But, which IRS form do you send? The form you use (Form 1099 vs. W-2) depends on if the worker was a contractor or an employee.
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Payroll Data Security: Defending Against Payroll Data Breaches
April 2, 2024Data breaches and cyberattacks happen every day. Payroll contains sensitive employee information such as Social Security numbers and bank account details, making it a goldmine for cybercriminals. And because 43% of all data breaches target small businesses, payroll data security should be top of mind.
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How to Correct a W-2 Form If You Make a Mistake (Amend Your W-2)
March 4, 2024Let’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.
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What Is Certified Payroll? What to Know If You Land a Federal Contract
February 29, 2024Step 1: Land the contract for a federal government-funded job. Step 2: Comply with your certified payroll reporting requirements. What is certified payroll?
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How Will Leap Year Payroll Impact Your Business in 2024?
February 27, 2024Every four years, February magically has 29 days instead of 28. Ok, so maybe it’s not magic. But it is a leap year. And when leap year rolls around every four years, your business needs to be prepared. Read on to learn about leap year payroll and steps for handling payroll during a leap year.
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Can Payroll Services Handle Direct Deposit?
February 22, 2024If you want to deposit your employees’ paychecks directly into their bank accounts, you need direct deposit. Direct deposit is a convenient payment method for employees, who receive their paycheck quickly and securely on payday. Most employers handle direct deposit through their payroll software.
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How to Calculate Payroll by Hand
January 30, 2024When you have employees, payroll is one of your most important tasks. Because payroll is oh-so-important, you need to know how to calculate payroll. That includes knowing how to calculate taxes and other deductions accurately. Read on to learn more about how to calculate payroll by hand.
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How to Pay Employees: The Different Ways to Pay Your Employees
January 30, 2024How do you pay your employees? With checks? Direct deposit? Other? There are several ways to pay employees, especially as money continues to move into the digital sphere. If you want to know how to pay employees, take a look at these ways to pay your employees.
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