Even though there will be a revised Form W-4 released in 2020, it will not be mandatory that employees fill out a new one unless they change their withholding amounts after 2019. According to the IRS, the new withholding methods should be closely in line with what employees have been accustomed to on prior Forms W-4.
Today's alternative workforce of part timers, contractors and freelancers is making an explosive impact on the modern economy. Check out this short 30-minute webinar about payroll and HR in a gig economy.
The State of Oregon recently introduced their new Oregon Payroll Reporting System (OPRS) web based application.
Employers must provide their Massachusetts employees written notice describing the Massachusetts Paid Family and Medical Leave program by May 31, 2019. Get the details here.
Summer officially begins on June 20, bringing with it longer days, rising temperatures, and the hiring of thousands of seasonal and temporary employees. Although the additional help can be very beneficial for companies, it also produces additional liabilities for a company - specifically the payroll department.
According to the IRS, the new draft of Form W-4 that they scrapped last September is being replaced with a new new draft which should be released by May 31, 2019. Get the details here.
What are the best ways you can make sure your employees are working while they are at work?
Sometimes overtime is paid at one-and-a-half times an employee's regular hourly rate...but sometimes it's more complicated than that. Watch this free pre-recorded 30- minute webinar to refresh yourself on OT calculations.
A prenote is a test transaction used by a banking institution to make sure the account information provided is valid before processing a live transfer. Prenoting is not typically required by most banks, however, there are perks that should be considered!
On March 7, the Department of Labor announced a proposal which would make more American workers eligible for overtime pay. Get the details here.
When an employee fills our their W-4 incorrectly, who’s on the hook - the employee or employer? Find out how to handle this situation, as well as ways to avoid the problem in the first place.
Gross Up is a calculation method used to pay employees an increased gross amount that includes taxes, in order to arrive at a promised or agreed-upon net. There are some tricky situations that can arise with gross up calculations, and payroll professionals should know how to handle them all. Watch this free 30-minute webinar on gross up calculation.
Whether you are for or against legalizing marijuana, it is here to stay in one form or another and other states will soon follow the popular legalization trend. Read more about the impact this could have on your company here.
After a 30 day review period beginning February 7, 2019, a new limit for garnished wages takes effect. Get the details here.
What happens when an employee provides an incorrect SSN to HR? Learn the steps to handle and possibly prevent situations like these today.
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I have been very pleased with Optimum. I mainly work with the payroll section of Optimum and have found it to be easy to generate the payrolls. When I have had problems, the support team has been extremely helpful.