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

shift differential

What to Know About Shift Differential

Many employers find themselves extending their hours of operation to keep up with customer demands. Businesses operating day and night need employees who are willing to work evening or late shifts. However, it can be difficult to recruit employees for these undesirable hours. Paying employees a shift differential is an effective way to overcome staffing […]

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information return

Information Returns Your Small Business May Need to File

Every small business makes payments to operate. Some of these payments must be reported to the IRS or Social Security Administration (SSA). Companies must use information returns to report qualifying payments. Do you need to file an information return? Learn what information returns are, which common forms small businesses might need to file, and how […]

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What is retro pay? You might owe employees retro pay for money missing from previous paychecks.

For Payroll Adjustments, There’s Retro Pay

Sometimes, payroll mistakes happen. If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay?

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Employee Confidentiality Agreement

Safeguard Your Business’s Sensitive Information With an Employee Confidentiality Agreement

You’ve worked hard to build your business. Although you might not want to share your business secrets, you probably need to when you hire employees. To prevent employees from revealing sensitive information that could jeopardize your business, you might have them sign an employee confidentiality agreement. Businesses use employee confidentiality agreements to protect their innovative […]

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What is child support withholding?

What Is Child Support Withholding?

Only 60% of child support payments are received, meaning 40% of child support payments go unpaid. When a parent doesn’t voluntarily meet their child support obligations, employers might be involved in the child support process. According to the U.S. Department of Health & Human Services, 75% of child support payments are collected through child support […]

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payroll fraud cases - how small businesses can fight payroll fraud man in handcuffs

How Small Businesses Can Fight Payroll Fraud Schemes

Thirty percent of fraud cases take place in small businesses with less than 100 employees. Fraudulent activity can be difficult to detect. On average, instances of payroll fraud last approximately 36 months, wrecking complete havoc on the organization. The longer fraudulent activity continues, the more financial fallout it causes for the business. What systems do […]

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What Is FUTA tax?

What Is FUTA Tax?

Have you ever heard of a strange-sounding tax called FUTA? All employers need to know about this funky acronym because they need to pay it. So, what is FUTA tax? Below you’ll learn about FUTA tax, the rates, and how to report and deposit the tax.

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Some localities use local income tax to fund schools.

What Is Local Income Tax?

Cities, counties, and other small areas across the U.S. impose a local income tax. Find out what your responsibilities are for withholding the tax from employee wages.

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

How to Give a Payroll Advance

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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Taxpayer Identification Number

What Is a Taxpayer Identification Number?

Whether you’re submitting payroll or tax return forms, opening bank accounts, or establishing retirement plans, you need to identify your business. To run your business, you need a taxpayer identification number (TIN). Find out what a federal tax identification number is, types of tax ID numbers, and how to obtain them.

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