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Confronting Payroll’s Four-Letter Word: FICA
The Federal Insurance Contributions Act, commonly referred to as FICA, is an act passed in the 1930s that establishes a system to pay for Social Security and Medicare....
Are Bonuses Taxed At Higher Rates?
It’s the time of year when employers are contemplating year-end bonuses for their employees. If you’re planning on giving your employees more than a membership in the...
Calculating Overtime Based on Multiple Employee Pay Rates
It is common knowledge that nonexempt employees earn one-and-a-half times their regular pay rate for overtime work, but calculating overtime pay is not always easy....
What To Do If You Can’t Verify An Employee’s Social Security Number
To successfully file W-2s for payroll purposes, you must request Social Security information from your employees when they are hired. While this usually is not a...
Preparing Your Business for a Payroll Tax Audit
When you file your business taxes, you may feel a certain sense of relief just to have them done. But this relief can be short lived if the Internal Revenue Service...
Ditch Your Sick Time Policy: Why PTO Is A Better Plan
One of the bigger questions for employers is figuring out how to give people time off – because let’s face it, sooner or later they’re not going to be available. Maybe...
Restaurant Owner’s Guide to Tipped Employees
Tips are a time-honored tradition in the restaurant industry, but they’re also a bit of a headache when it comes to payroll. Let’s take a look at some of the challenges...
Keeping Employees Informed About their Benefits
When you own a business or run an HR department, there are seemingly endless challenges you must address to ensure your company can continue deliver its products or...
Payroll Isn’t A Commodity: Why It Matters Who You Outsource To
Payroll is important – unless your business consists solely of volunteers who help without any expectation of compensation, then getting paid is likely the number-one...