10 Complexities Employers May Encounter in the Payroll Process

Posted by Tonya Fletcher SPHR, SHRM-SCP on Apr 16, 2019 1:00:00 PM

Employers who’ve processed payroll any amount of time are probably already aware that it can be extremely complicated. Calculating payroll taxes, managing deductions, navigating payroll software and keeping up with payroll reports are just some of the headaches that surround managing payroll. In addition, employers can run into conflicts with federal and state labor laws, which can lead to wage violations if not handled correctly. Here are answers to 10 complex scenarios employers may encounter while handling payroll.

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Topics: Payroll

Why it Pays to Outsource Employee Payroll Taxes to a PEO

Posted by Tatiana Ivanova, MAcc on Apr 10, 2019 7:30:00 AM

One of the most time-consuming aspects of business operations is payroll processing, which includes calculating employee payroll taxes like social security and Medicare taxes. It’s easy to make a mistake or miss a filing deadline, and fees and penalties add up quickly. Here are some basics to consider:

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DOL Issues Proposed Overtime Rule

Posted by Tonya Fletcher SPHR, SHRM-SCP on Mar 20, 2019 11:00:00 AM

The U.S. Department of Labor (DOL) recently announced a proposed rule which would make more than a million American workers eligible for overtime pay.

Currently, employees with a salary less than $23,660 per year ($455.00 per week) must be paid overtime if they work more than 40 hours per week. This has been the standard since 2004. You may remember the Obama-era overtime regulation issued in 2016 that would have raised the salary threshold to $47,476 per year ($913 per week). The regulation was later invalidated by a federal judge in Texas just days before it was set to take effect.

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Topics: Human Resources, Legal News & Compliance

Employer Guide: 4 Things to Look for in a Payroll Company

Posted by Anna Leo Holder. MBA on Mar 7, 2019 9:00:00 AM

When it comes to managing payroll and human resources, it’s easy for business owners to become overwhelmed. After all, there’s a lot more involved than just paying employees. Running payroll involves managing time and attendance, making detailed calculations and filing and remitting payroll taxes throughout the year.

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Topics: Payroll

How to Calculate Payroll Taxes to Avoid Penalties in 2019

Posted by Dana Spinello, CPA on Feb 27, 2019 9:00:00 AM

Since most business owners don’t go into business to process payroll, many find themselves struggling to learn how to calculate payroll taxes and avoid the stiff penalties that come with making payroll tax mistakes. Penalties can be steep and get more expensive as time goes on in the following scenarios:

  • When employers don’t pay taxes
  • When employers pay taxes late
  • When employers don’t follow tax guidelines
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Topics: Payroll, payroll tax

5 Payroll Tax Changes to Know in 2019

Posted by Dana Spinello, CPA on Feb 12, 2019 1:00:00 PM

Payroll taxes are one of the most complicated parts of paying employees, and one of the easiest areas to make a mistake. As a standard, an employee’s paycheck consists of federal income tax, Social Security and Medicare. If an employer conducts business in a state with state income tax withholding, he or she will need to withhold state income tax as well.

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Topics: Payroll

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