Payroll Articles

Payroll Tips, Training, and News

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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What Is Holiday Pay?

Holidays are normally times of joy and showing kindness to others. When a holiday occurs, you might want to share holiday cheer with your employees in the form of compensation. Holiday pay can come in a couple of forms, and it often depends on if employees work on the holiday.

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