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About Mike Kappel

Mike Kappel, serial entrepreneur and CEO of Patriot Software, offers payroll advice from more than 20 years of experience to small business owners.

Author Archive | Mike Kappel

A payroll register includes employee pay and deductions.

What Is a Payroll Register?

When you run payroll, there’s a lot of information to keep track of: gross pay, net pay, taxes, deductions, and so on. Wouldn’t it be nice if there was an easy way to see all this information at once for all your employees? You can with a payroll register.

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Find out what employers need to know about workers' compensation.

What Is Workers’ Compensation Insurance?

No matter what type of business you run, there’s a chance employees could get hurt or sick. They might slip on a wet floor, fall off a ladder, cut themselves with a blade, or get in a car accident while running a business errand. Because your employees can become hurt or sick in numerous ways, […]

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The IRS requirements outline rules about payroll recordkeeping.

How Long to Keep Payroll Records

As a business owner, keeping records is one of the most important things to remember. One type of record you need to keep is for payroll.  When it comes to federal law, you need to know how long to retain payroll records.

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What Are ACH Payments? How Can You Use Them For Payroll?

You might already be familiar with ACH payments, but you might not know it because of the unfamiliar terms. Find out what ACH means and how you can use the payments with your payroll.

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What is e-filing?

What Is E-filing for Payroll Forms?

Wouldn’t it be nice to save time, space, and paper when filing payroll forms with the government? You can save all those things when you e-file. So, what is e-filing, and how do you do it?

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What Is Severance Pay?

At some point, you might have to terminate an employee. You might eliminate their position, make layoffs, fire for misconduct, or mutually part ways. No matter the reason, you might consider giving the employee severance pay. Before you make a decision about severance pay, learn more about it, what you might give and when, and […]

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Give a cost of living raise to help employees keep up with living expenses.

What Is a Cost of Living Raise?

Employees love raises. Regular raises can improve employee happiness and put them in a better financial position. And, raises can reduce your employee turnover. You can give raises for merit or increasing job value. You might also give a cost of living raise.

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draw against commission

What Is a Draw Against Commission?

If you have sales staff, you might pay them commissions. Paying employees with sales commissions can incentivize employees to make more sales. While commissions can get employees to sell more, employees aren’t guaranteed a steady pay. To give your sales staff more financial stability, you can use a draw against commission system.

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fsa vs. hsa options

FSA vs. HSA: What’s the Difference?

There are many benefits you can choose to offer your employees. Flexible spending accounts (FSA) and health savings accounts (HSA) are both great healthcare plans that reduce an employee’s income tax liability and let them pay for medically-related expenses. It’s important for employees and employers to understand the difference between FSA vs. HSA.

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Learn what you need to know about giving an employee a salary advance.

What to Know About Salary Advances

Sometimes, an employee might hit a financial rough patch. Something unexpected might happen, such as a medical emergency, that requires more money than the employee has saved up. If this happens, the employee might ask you for a salary advance to help them make ends meet. Before you begin giving payroll advances, you need to […]

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