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Eleven Common Payroll Mistakes: Critical Strategies for Prevention, Part 1

MP Wired For HR

Eleven Common Payroll Mistakes: Critical Strategies for Prevention, Part 1 March 14th, 2024 Share on Twitter Share on Twitter Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Share via Email Share via Email Every business owner knows the payroll process is one of their most critical responsibilities.

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Common Payroll Mistakes and How a PEO Can Help Avoid Them

Extensis

Tips for Keeping Your Business Compliant and Productive Quick look: Managing payroll can be complex and time-consuming, involving multiple tasks like calculating wages, withholding taxes, and filing reports. With so many moving parts, it’s no surprise that payroll mistakes happen and can have serious consequences for businesses.

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Data Controller vs. Processor: Understanding the Key Differences

UKG

This right consists of the ability to keep certain information about us, exclusive to us, and to control who and what has access to it. This right consists of the ability to keep certain information about us, exclusive to us, and to control who and what has access to it. What is a data controller?

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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). They’re also having internal discussions about how to manage overtime pay and payroll expenses.

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The Small Business Guide to Employee Records

Zenefits

The types of information you will need to keep are those which cover employee identification information, income withholdings, and workplace injury reports. . The types of information you will need to keep are those which cover employee identification information, income withholdings, and workplace injury reports. . United Way).

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Earned Wage Access: Key Compliance Considerations

DailyPay

What is Earned Wage Access? But all earned pay access providers are not all the same when it comes to compliance, a key concern of payroll teams. Here are a few of the things you need to look for: Learn more about how on-demand pay has changed payroll on The Source podcast, sponsored by DailyPay. LISTEN TO THE PODCAST.

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Expanding Your Business – 9 Things You Need to Know

Tandem HR

Payroll tax returns: You need to file one payroll tax return to each state that charges income tax in which you do business. You will find different rules regarding whom the minimum wage applies to, and when and what amount you need to pay for overtime work. Larger customer base + growing business = rising profits!