Ineffective payroll management and shoddy payroll systems can result in personal liability (including JAIL TIME) for non-compliance.
Business Management Daily helps our readers with information on payroll processing and tips on timesheets that will help you to implement payroll programs that pay off.
Whenever employment tax specialist Mindy Mayo offers her latest webinar on expense reimbursements, we can expect a lively Q&A session, as the gray areas in the IRS’ expectations never stop coming. From recent sessions we’ve collected a handful of the most pertinent questions and Mindy’s responses to them.
Payroll isn’t for the faint of heart. Between federal and state taxes, and federal and state wage and hour law, there’s a lot to worry about.
Under ERISA, you can’t use plan assets to promote social, environmental or other public policy causes—called economically targeted investments—at the expense of employees’ financial interests. Upshot: You can’t choose investment options based on those factors if employees would earn less on their investments. The Department of Labor (DOL) has issued an Interpretive Bulletin that balances […]
Contact the Social Security Administration’s Employer Service Liaison Officers with questions about e-filing or submitting paper Copy A to the SSA. This chart shows all the contact information you need.
Payroll’s Super Bowl, also known as year-end, is done. Congratulations. Now it’s time to tackle what’s piled up during the last several months.
Here's your monthly guide to critical payroll due dates.
Crumpled receipts, overindulgent choices, ill-defined budgets ... an expense policy needs to accommodate the realities of what happens when staff starts spending.
It snowed a lot during the winter of 2015. In fact, it snowed so much that the Tax Court ruled that a taxpayer’s petition was timely filed even though it was one day late, because the federal government was closed for a snow day on the day the petition was due.
The omnibus spending bill that President Obama signed Dec. 18 did more than fund the federal government for 2016 and delay implementation of the Affordable Care Act’s “Cadillac tax.” The massive legislation—it’s both a tax bill and an appropriations bill—addresses hundreds of measures affected by the federal budget.
By Feb. 1, employees must receive their W-2s, and the IRS must receive your fourth-quarter Form 941 and Forms 940 and 945 (a Feb. 1 postmark is OK, too). So let’s get cracking.