Abel HR

APRIL 30, 2020

If you’ve ever run your own payroll, you know what a huge undertaking it is. Indeed, these so-called payroll liabilities are defined as any type of payment owed as a result of running payroll. Again, because of that lull between earning time and deposit time to any third parties, it is counted as a liability.

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Payroll HR Software Planning Tools Retirement 52

Zenefits

SEPTEMBER 4, 2018

Today marks the start of National Payroll Week! To do our best to honor one of our favorite topics around, we want to dedicate this week to answering common payroll questions. To kick us off– have you ever wondered how the payroll taxes you deduct and match from employee’s salaries are allocated? What does it fund?

Payroll 56

Payroll Zenefits Retirement ATS 56

UKG

SEPTEMBER 20, 2021

The proper handling of garnishments under federal law is one of the most difficult issues affecting your payroll department. Yes, both State tax levies and voluntary wage assignments are governed exclusively by state law. So, when does federal law supersede state law or vice versa? 50% of disposable income.

Wage and Hour Training 52

Wage and Hour Training Ascentis Payroll Retirement 52

UKG

SEPTEMBER 7, 2021

The proper handling of garnishments is one of the most difficult and complex issues affecting the payroll department. Payroll professionals must be aware of all federal and state requirements before processing the order. Federal tax levy. Federal Agency Debt Collection. State tax levy. Local levy.

Ascentis 52

Ascentis Payroll Examples Software 52

Zenefits

AUGUST 20, 2018

Worker classifications determine, among other criteria, which workers are entitled to overtime pay and benefits, how workers are managed, compensated, and taxed, and whether certain classifications are protected under the law. To distinguish employees from contingent workers and their status under the tax code, the guide references the U.S.

Hiring Software 40

Hiring Software Staffing Software Onboarding Software Zenefits 40

Helpside

OCTOBER 28, 2022

This blog was written by Mike Bartholomew, Controller at Helpside. The IRS recently issued a strong warning to employers about companies, who are seeking to take advantage of employers by aggressively marketing assistance with obtaining the Employee Retention Tax Credit (ERTC).

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Payroll Report Company ATS 52

Extensis

MARCH 6, 2023

Quick look: Tax season is here once again. And like in previous years, there are various tax credits and implications that SMBs and their brokers should familiarize themselves with. From retirement plan startup cost tax credits to extended deadlines for those impacted by natural disasters, here’s what to know in tax season 2023.

Hiring Software 52

Hiring Software Planning Tools Payroll Retirement 52

Insperity

APRIL 9, 2020

The Coronavirus Aid, Relief and Economic Security (CARES) Act is the $2 trillion federal stimulus package you’ve heard about in the media. A portion of your loan that you apply toward payroll and operational costs for the eight-week period after receiving the loan is eligible to be forgiven. Paycheck Protection Program. Eligibility.

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Payroll Compensation Assessment Software Certification 95

Zenefits

MAY 30, 2018

Misclassifying an employee as a contractor can result in significant tax penalties, you don’t want to be on the wrong side of the IRS’s definition. What is the main difference between an employee and an independent contractor? That also means there are different tax forms for independent contractors you’ll need to gather.

Hiring Software 28

Hiring Software Zenefits Staffing Software Payroll 28

Zenefits

MARCH 20, 2017

Mark Twain once asked, “What is the difference between a taxidermist and a tax collector?” Sometimes, it can feel like we’re slowly being skinned as we see our precious earnings taken away in payroll taxes. How do we know that the amount taken for federal withholding is correct? What Year are the Earnings Taxed?

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Payroll Zenefits Groups Examples 39

Zenefits

MARCH 11, 2019

If you have at least one employee on your payroll, you’re responsible for paying employer payroll tax on a yearly basis. This might at first seem like a basic part of being an employer; however, these tax forms must be completed with a high level of accuracy. What payroll taxes are employers required to pay?

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Payroll Zenefits Report Examples 31

Zenefits

DECEMBER 25, 2018

Having employees means managing payroll, (even while dodging bank holidays towards the end of the year ) and running payroll means withholding the appropriate amount of local, state, and federal payroll taxes from your employees’ paychecks—and those numbers usually change every year. What are FICA and COLA?

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Payroll Zenefits System Wellness 41

BerniePortal

MARCH 5, 2020

*This blog is adapted from the HR Party of One episode, Tips for Employer Taxes, which you can view below. Tax season is among us - so today, we’re covering what HR Parties of One need to know. Paying employer contributions for FICA taxes. Paying other employer business taxes. The History of Employer Taxes.

Hiring Software 52

Hiring Software Onboarding Software HR Software Planning Tools 52

ComplianceHR

AUGUST 29, 2023

Independent Contractor 101 What your organization needs to know to avoid independent contractor misclassification Classifying a worker as an independent contractor has never been more complicated or fraught with risk. How can an employer know what is a myth and what is a reality? What is an independent contractor?

Hiring Software 52

Hiring Software Compliance Planning Tools HR Software 52

Patriot Software

JANUARY 24, 2022

But, what happens when you pay employee commissions or bonuses? You may need to use a supplemental flat tax rate for federal and state income taxes. Not all states require supplemental tax rates. So, take a look at the supplemental tax rates by state […] READ MORE.

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ATS Payroll 74

Helpside

MAY 3, 2022

This blog was written by Shelly Lampkin, Payroll Specialist at Helpside. And this means that you don’t have to worry about taxes for them, right? Although they may not be employees under common law, some workers are defined as employees for the purposes of employment taxes under the Internal Revenue Code. Not so fast.

Wage and Hour Training 52

Wage and Hour Training Guidelines Payroll Recruitment 52

CuteHR

APRIL 1, 2022

A well-planned pay period will help you stay in compliance with tax and labor regulations and satisfy payroll obligations on a consistent basis. A well-planned pay period will help you stay in compliance with tax and labor regulations and satisfy payroll obligations on a consistent basis. What are Pay Periods?

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Payroll Planning Tools HR Software HR Planning 70

Zenefits

MAY 11, 2017

Previously, we reviewed how federal income taxes were calculated. State income taxes, with a few exceptions, are calculated very similarly to federal income taxes. But there are some states that have no state income tax at all. Which States Don’t Have State Income Tax?

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Payroll Planning Tools Guidelines Zenefits 34

Zenefits

APRIL 20, 2017

In my previous blogs, we discussed how to calculate federal income tax. Some other big amounts that come out of our paychecks are for Social Security and Medicare taxes. How are Social Security taxes calculated in payroll ? What wages are taxed for Social Security and Medicare?

Payroll 34

Payroll Zenefits Examples ATS 34

Helpside

APRIL 5, 2022

This blog was written by Florencia Ramos, Senior Payroll Specialist at Helpside. Behavioral : Does the company control or have the right to control what the worker does and how the worker performs tasks? Employers must report and withhold the appropriate taxes such as income, social security, and Medicare taxes.

Hiring Software 59

Hiring Software Employment Law Onboarding Software Planning Tools 59

Ongig

OCTOBER 16, 2023

Why proper onboarding documentation is important What are onboarding documents? With the employee’s details on file, you can pay them on time and withhold the right taxes—and you’ll be confident that they’re eligible to work in your country. But what does an onboarding package include?

Onboarding Software 59

Onboarding Software Onboarding Hiring Software Code of Conduct 59

Extensis

AUGUST 24, 2022

Here’s what retirement will likely be like for millennials, as well as four ways employers can help them get ready. What will retirement look like for millennials? Congress could potentially raise the full retirement age to 69, increase payroll taxes, and more to maintain Social Security payouts.

Retirement 98

Retirement Payroll Training Compliance Training 98

Zenefits

MAY 17, 2018

Employer payroll taxes are no exception. This can feel particularly true when it comes to understanding employer payroll taxes. For small businesses and other leaders, payroll is no exception. For small businesses and other leaders, payroll is no exception. Taxes will always be on the to-do list.

Payroll 28

Payroll Zenefits Compensation Wellness 28

Effortless HR

JULY 30, 2014

Payroll is an important aspect of running a business with employees. An efficient and organized process can make payroll less cumbersome and costly. Here are seven simple and effective payroll tips that can benefit every business owner. Manage rolling deadlines for payroll taxes. Automate what you can.

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Payroll Hiring Software Time and Attendance Business Process Outsourcing 79

Guideline

NOVEMBER 9, 2021

We spoke with Andy Remo, Director of Federal & State Legislative Affairs at American Retirement Association (ARA) to discuss retirement policy over the last few years, state programs, and how Subtitle B laid groundwork for a future national policy. What do those state programs mean for the potential of a federal program?

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Retirement Policies Guidelines Background screening 52

Zenefits

OCTOBER 29, 2018

There is no more essential task for an employer than payroll. Payroll can also be one of the most intimidating employer tasks. How do you withhold taxes, Medicare, and social security? And what the heck is a FICA? Let’s take a closer look at payroll accounting and manual record keeping. Payroll software.

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Payroll Hiring Software Planning Tools Software 31

Zenefits

JUNE 11, 2018

Between browsing different platforms, managing your employee data, and conducting the appropriate research, the process of switching payroll services or starting a new one has a lot of moving parts. What do I need to know to stay compliant? What information is absolutely necessary for me to provide? Federal filing form.

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Payroll Planning Tools HR Software Zenefits 31

ExactHire

OCTOBER 31, 2013

Can I-9 and W-4 Federal Documents be Completed Electronically? As organizations continue moving toward paperless forms and record-keeping, questions regarding the legitimacy of completing federal employment documents electronically come up quite frequently. So, the short answer is…yes. Image credit: The Man by Robert S.

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Hiring Software Onboarding Software HR Software Onboarding 130

Zenefits

MARCH 12, 2018

Personal taxes are intimidating. The rules are unnecessarily complex, difficult to understand, and many of them will change before you file your next round of taxes in 2019. This form is required by your employers to document your annual wages and taxes from your paychecks. Equals: Federal Income Tax wages.

Payroll 28

Payroll Zenefits Planning Tools Guidelines 28

DailyPay

MAY 24, 2017

The costs associated with payroll can really add up. From payroll materials, like paper checks, to the time dedicated to executing payroll, there are plenty of necessary expenses. Here are four solutions any company can utilize to reduce employer payroll costs. Outsource payroll. Offer direct deposit.

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Payroll HR Software Employee Benefits Resources 40

Business Management Daily

AUGUST 10, 2021

Knowing whether the IRS views someone as your employee or as an independent contractor dictates tax obligations and associated paperwork, namely whether you bear responsibility for filing a W-2 or a 1099 for the individual in question. Take a closer look at what W-2s and 1099s entail. Copies B, C, and 2 go to the employee.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Employment Law Planning Tools 52

Zenefits

AUGUST 28, 2017

Whether you’re new to the workforce or simply researching how to optimize your retirement, James Brown, the Godfather of Zenefits Payroll, is here to answer your most pressing questions in bite-sized form. This week, Mr. Brown explains what makes a 401(k) beneficial: . . Brown explains what makes a 401(k) beneficial: . .

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Zenefits Payroll Planning Tools HR Software 31

Payactiv

AUGUST 11, 2021

What does this mean for you if you’re looking for work? Twenty-two states opted to end federal unemployment assistance — including aid for the long-term unemployed — in June or July. Your needs are now much different than what they were before the pandemic. What do I want? What do I need? Where do I want to work?

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Hiring Software PayActiv Planning Tools Interview Software 98

Guideline

JUNE 9, 2023

The default savings rate is 5% of the employee’s gross income, which is deducted from their pay after taxes. At that time, employers will need their Federal Employer Identification Number and their access code from the notification. What are the deadlines for the Colorado SecureSavings program?

Retirement 52

Retirement Guidelines Planning Tools Survey 52

Payactiv

OCTOBER 7, 2021

But when it comes to the terms “wages,” “pay,” income,” and “salary,” there are some important differences and nuances. Let’s start with the people who are earning an income – employees. The Internal Revenue Service defines an employee as someone who performs work for an employer (who mandates what should be done and how it’s done.)

Wage and Hour Training 52

Wage and Hour Training PayActiv Payroll Compensation 52

Insperity

JULY 25, 2012

Which taxes apply to which employees? Whether you have one employee or 1,000, the process for implementing a payroll system is the same. Whether you have one employee or 1,000, the process for implementing a payroll system is the same. In this two-part blog series, we’ll walk through the 10 steps you need to take.

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Payroll Hiring Software Compensation Onboarding Software 40

Zenefits

MAY 1, 2018

This article is for informational purposes and is not meant to provide legal, regulatory, accounting, or tax advice. However, state requirements remain in effect, and employees may continue to use their own pretax income for commuter benefits, via employer-provided salary reduction programs. . What are commuter benefits?

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Wage and Hour Training Zenefits Payroll Employee Benefits 39