2019 State Minimum Wage Increases (Archive)
Archive post covering 2019 state minimum wage increases. Employers should confirm current wage requirements before making payroll decisions.
Archive post covering 2019 state minimum wage increases. Employers should confirm current wage requirements before making payroll decisions.
Pros and Cons of Different Payroll Schedules: Weekly, Bi-Weekly, Semi-Monthly, and Quarterly Introduction: Payroll schedules play a crucial role in managing employee compensation and maintaining the financial stability of an organization. The frequency at which employees receive their paychecks can vary, with popular options being weekly, bi-weekly, semi-monthly, and quarterly schedules. Each schedule has its […]
SUTA? SUTA (State Act on Unemployment Tax) is a payroll tax that employers must pay legally for their employees. Its main goal is to provide benefits for displaced employees, and costs for companies in high-income areas are usually rising. SUTA rates are assigned every year to companies, and the tax owed quarterly. Most claims for […]
Tipping has long been a tradition in the restaurant industry, but it also causes headaches when it comes to pay and employee tips. Let’s review some of the difficulties allowing tips involved – and what you can do about them. Tip Reporting Yes, employees need to be honest on much money they earn on tips […]
To process W-2 for payroll purposes, upon employment, you must ask employees for social security. This is usually not a problem, but it is possible that at some point, you will have issues checking the employee’s social security number. The good news is that this issue is quite common. You can take various measures to […]
1099 Vs. W2, The difference between independent contractors and employees and why it matters; the identification of such employees is an essential part of today’s pool of employees in small businesses, companies, offices or firms across the United States.
Learn what FUTA is, who pays it, how federal unemployment tax works, and when small businesses need to report and deposit FUTA taxes.
Do you own a company? Don’t place yourself on payroll unless you’ve …
In most circumstances, you are not permitted to be on the payroll of a sole proprietorship or partnership.