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Answers to 9 FAQs About How to Do Payroll

Posted by Christine Batten, PHR on Jan 30, 2018 9:00:00 AM
Processing payroll is no easy task. There are many details involved including determining wages, calculating withholding and deductions, and setting aside payroll taxes. Here are the answers to nine frequently asked questions about how to do payroll.
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Topics: Payroll

Learn How to Calculate Payroll Taxes in 3 Steps

Posted by Dana Spinello, CPA on Jan 23, 2018 9:00:00 AM


Have you ever wondered how to calculate payroll taxes? It’s certainly not an easy process and if you’re not careful, you could make some potentially expensive mistakes. Payroll tax calculations affect both the employer and the employee. For employers, the tax calculation affects the total wage expense incurred. For employees, the worker’s taxable income, personal tax liability and take-home pay are affected. Here are three steps to help you better understand how to calculate payroll taxes.

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Topics: Payroll

Payroll Tax Reporting Deadlines for 2018

Posted by Dana Spinello, CPA on Jan 16, 2018 9:00:00 AM

Tax season doesn’t technically begin until the end of January for personal tax returns, but when you’re an employer, you have to pay attention to taxes much sooner. One of the most complicated jobs for business owners is managing the taxes withheld from employees. If you choose to run payroll yourself rather than outsourcing it to a PEO, you have to make sure federal taxes are deposited on time, especially because the IRS has increased the penalties for late filings.

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Topics: Payroll

4 Ways a Payroll Company or PEO Can Save You Time and Money

Posted by Celeste Gibson, FPC on Jan 9, 2018 9:00:00 AM

Outsource to a PEO and Focus on Growing Your Business

As a business owner, or human resources manager, you may not have all the time it takes to focus on the details of payroll processing. After all, you probably didn’t go into business to manage payroll and human resources.

Many employers choose to outsource payroll because they’re not experts on calculating overtime, paying employees who work across multiple states, or checking to make sure payroll taxes are paid and reported on time.

When you outsource payroll to a payroll company or PEO, it frees up your time to focus on the other responsibilities that come with running a business. Here are four ways a payroll company or PEO can save you time and money.

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Topics: Payroll

What Employers Should Know About Payroll Changes for 2018

Posted by Celeste Gibson, FPC on Dec 19, 2017 9:00:00 AM

The New Year means new laws and updates to payroll requirements. Many of the changes will effect payroll taxes, income taxes and retirement benefits. Here are four payroll changes for 2018 that employers should know about.

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Topics: Payroll

Payroll Tax Deductions: An Explanation for Employers

Posted by Celeste Gibson, FPC on Dec 12, 2017 9:00:00 AM

If you handle payroll, you’ve probably heard the term “payroll tax deductions.” The law requires payroll taxes be withheld from an employee’s paycheck. Employers then remit those taxes to various tax agencies. This article is meant to help you better understand what to withhold from employee paychecks, what to do with what you collect and how to report it. Here are some examples:

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Topics: Payroll

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