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3 Areas Where Payroll Best Practices are Key

Posted by Colleen Drakeford on Sep 8, 2020 8:05:00 AM

Most people only think of payroll when it comes time to receive their checks, but the fact is that payroll is an ongoing process that takes place every day.  Much of that process is invisible to the average employee, but we all benefit from the team that consistently “gets it right.” Misunderstanding one aspect of the day-to-day payroll process can put a company out of compliance with state or federal laws or may cause an employee to not be paid correctly for the time they’ve worked.  

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Topics: Payroll & Taxes

Paycheck Protection Program Flexibility Act Highlights

Posted by Anna Leo Holder. MBA on Jun 8, 2020 10:09:31 AM

The U.S. House of Representatives and the Senate passed the Paycheck Protection Program Flexibility Act (H.R. 7010), and the President recently signed it into law. The Flexibility Act is intended to liberalize aspects of the Paycheck Protection Program, as well as certain employment tax provisions, enacted as part of the CARES Act.

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Topics: Payroll & Taxes, PEO Services, Hiring Employees

How Can FrankCrum Support You In Times of Crisis?

Posted by Angie Garcia on Apr 9, 2020 9:08:52 AM

When you partner with FrankCrum, you can expect a reduced workload, improved HR, and access to big company benefits. But, we want to ensure you’re aware of the many ways we can support you through the challenging times ahead.

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Topics: Payroll & Taxes, Workers' Compensation, Human Resources, Risk Management & Compliance

New Financing and Tax Relief for Businesses Dealing with the COVID-19 Crisis

Posted by NAPEO on Mar 31, 2020 4:00:00 PM

President Trump recently signed legislation that includes important provisions to help you keep your employees on the payroll during the COVID-19 crisis. These benefits are potentially available to all employers and, in some cases, the federal government will cover many of the costs of continuing to pay your employees for some time. 

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Topics: Payroll & Taxes, Workers' Compensation

5 Payroll Tax Changes to Know in 2020

Posted by Dana Spinello, CPA on Feb 17, 2020 1:25:00 PM

Numerous payroll changes are taking effect in 2020, and if they aren’t done correctly, they’ll be a big headache for your business. As a standard, an employee’s paycheck consists of federal income tax, Social Security and Medicare.

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Topics: Payroll & Taxes

Is the Minimum Wage Going Up in 2020?

Posted by Haley Crum on Jan 14, 2020 10:00:00 AM

The federal minimum wage has been set at $7.25 since 2009. But is minimum wage going up this year after holding firm for over a decade? We’ve heard a lot about wage stagnation in the media lately. It’s part of presidential candidate stump speeches. It’s part of social commentary as movements like “Fight for $15” gain global notoriety. It’s part of state government and Congressional debates. And it’s part of corporate conversations as companies decide how to balance profits, labor and resources.

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Topics: Payroll & Taxes

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