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.
- Category: Payroll Articles
We pride ourselves on building and maintaining the best payroll software available, but as payroll professionals, we know there's more to this complex industry than software. Stay up to date with articles about the latest news in the world of payroll; subscribe to our newsletter to get updates right to your inbox!
The State of Oregon recently introduced their new Oregon Payroll Reporting System (OPRS) web based application.
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.
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.
After a 30 day review period beginning February 7, 2019, a new limit for garnished wages takes effect. Get the details here.
Although it may be an uncomfortable topic, being prepared to handle a deceased employee's wages and taxes will make the potential situation less complicated while keeping you in compliance with federal and state laws.
California Labor Code has very strict regulations in regards to what can be withheld from an employee’s pay check. It is crucial that you make yourself familiar with these laws. Get the details here.
Have you ever wondered what makes up taxable wages? If so, you’re not alone. Learn what to consider when calculating taxable gross for payroll!
The IRS, states and localities issue updated publications regarding tax withholding, levy calculations, due dates, penalties and so much more. To make sure you are prepared for 2019, here are a few publications that are available for use on the IRS website...
With the Tax Cut bill came a change to the Federal withholding tax calculation to eliminate the allowance per exemption. This will take place in 2020. Get the details here.
On November 26, 2018, the IRS released Notice 2018-92 regarding interim guidance on Income tax withholding and Form W-4 effective January 1, 2019. Due to the Tax Cuts and Jobs Act (TCJA), significant changes would need to be made by the IRS, Employers, Employees and software companies. These changes resulted in deferring major revisions to Form W-4 until 2020.
Did you know that you could receive penalties if you file incorrect W-2s or W-3s? Find out how to file corrections and what not to send to the IRS.
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