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Payroll Management

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.

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Here's your monthly guide to critical payroll due dates.

If employees are nonexempt, their work-related emailing, texting or other use of electronic devices can leave you liable for a surprise overtime bill. A recent court decision points out that this isn’t always the case.
Employees often have one question for you upon being told that they’ll receive bonuses: Can I avoid income tax withholding? Opinions vary about whether you should answer at all, since it’s received wisdom that you shouldn’t give tax advice. But is that all there is to it? Maybe not.

Use this chart to determine whether you must report health benefits on employees’ W-2s.

Yes, it is possible to beat the IRS in court—and make it pay your attorneys’ fees, as well. The Tax Court ruled that an employee who proved in court that she wasn’t responsible for 100% of her company’s unpaid payroll taxes was able to collect attorneys’ fees from the IRS.
The W-2 year-end process is burdensome enough. The last thing you need to worry about is filing Forms 1099-MISC for your independent contractors. Good news: The IRS has yet to issue final regulations restricting the circumstances under which you may apply for an extension of time to file.
We’ve published all the crucial 2018 inflation-adjusted figures you need, including the FICA wage base and the pretax 401(k) deferral amount, as well as other 401(k)-related figures.
Here's your monthly guide to critical payroll due dates.
Health plans and health plan options change every plan year. That means employees will have questions every fall when open enrollment for benefits rolls around. A little employee outreach by you during open enrollment can make employees savvier about their health plan purchases, which, in turn, will lead to healthier employees.
Two questions about taxable meals and travel expenses.
First, the good news: The economy finally looks like it is on stable footing, and employers are hiring. Now, the bad news: With the job market heating up, HR is once again getting creative with the company’s benefits offerings.
Here are digests of some recently released official announcements from various federal government agencies.
You discovered that, inadvertently, the proper amount of income taxes wasn’t withheld from an employee’s pay last year. You’re inclined to file Form 941-X to fix the error. Not so fast: Whether you can correct this error on a 941-X depends on whether the error is administrative.
Under the timely mailing rule, if an item is postmarked by the Postal Service on the day it is due, the IRS or a court will consider it timely filed, even if they never receive it. The Tax Court, however, didn’t apply the rule to a postmark from a private meter. It ruled that court papers weren’t timely filed, even though the envelope bore a timely postmark from a private meter.
Payroll routinely administers the tax code; that’s what withholding is all about. Now, the U.S. Supreme Court has agreed to hear a case this term that will determine whether, under tax code Section 7212(a), taxpayers need to know that they’re under investigation before they can be accused of corruptly obstructing or impeding the due administration of the tax code.
Here's your monthly guide to critical payroll due dates.
The Social Security Administration is a few days away from releasing the 2019 Social Security taxable wage base.
The IRS generally frowns on 401(k) plans that allow employees to take out loans. And it has come down like a hammer when employees whose accounts hold more than $100,000 in vested benefits take out multiple loans during the same year.
Employee name/SSN mismatch problems ... Can a bonus be withheld for child support? ... I-9s for temps and distance workers
California is the last state standing from the 2008 economic downturn to be liable for a FUTA reduction, since it has yet to repay loans it took out to shore up its unemployment trust fund.
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