by Candy | Jul 1, 2022 | Business, Featured, Payroll, Shared
There can be many questions that come to mind when you find out that an employee is leaving your company. One responsibility is ensuring that the individual receives their final paycheck according to state and federal law. These laws tell employers when final pay must...
by Candy | Jun 16, 2022 | Payroll, Software
Are you primarily accepting and using paper checks for your business? Findings show that it may be time to make a shift from paper checks to electronic payments. For example, in 2015 financial professionals processed 1000-1999 checks per month, however, today they...
by Candy | May 10, 2022 | Business, Featured, Payroll
Businesses can now compare the costs of using various payment methods as the Association for Financial Professionals (AFP) has released the 2022 Payments Cost Benchmarking Survey. This survey looks at the following costs: payment/bank provider fee, reporting,...
by Candy | Mar 11, 2022 | Business, Featured, Payroll
There are approximately 43 million workers in the U.S. that are considered exempt under the Fair Labor Standards Act (FLSA), which means these individuals are not entitled to overtime pay when they work over 40 hours per week. To be classified as exempt, an employee...
by Candy | Nov 9, 2021 | Payroll, Taxes
Background To understand this issue regarding S Corporation payouts as wages, you must first understand the difference between an S corporation and a C corporation. In an S corporation, income passes to the shareholders who then pay taxes on their share of income on...
by Candy | Nov 5, 2021 | COVID-19, Payroll
The following information was shared by HR Pilot from Tokio Marine:OSHA has released its much-anticipated Emergency Temporary Standards (“ETS”) that require employers with 100+ employees to be vaccinated or submit to weekly testing. Below is a summary of the ETS,...
