Payroll

5 Things to Do to Improve Your HR and Payroll Processes

How have your payroll and HR processes been coming along? Is there room for improvement?  Chances are, there are. Below you will find a few steps you can take to get your HR and payroll processes in better condition. Create a Plan Evaluate your processes and review your efforts, determining whether changes need to be made to improve efficiency as well as reduce expenses. Map out some goals you...

What to do if you do not Receive your Form W-2

Hopefully by now you have received your form W-2. If you have not, below are some steps you can take. Form W-2, Wage and Tax Statement, shows both the income and taxes withheld from employees’ pay for the year. This form is necessary to file your taxes if you work as an employee. Your 2018 W-2 form should have been sent by your employer by January 31, 2019. If...

How to Run Your Own Payroll

There are typically three ways to process payroll. You can hire an accountant, do it yourself or hire a payroll service.

Conducting a Payroll Audit

Following payroll best practices requires you to have a payroll process as well as an occasional payroll audit to ensure that your processes are performing as they should. You need to check that your t’s are crossed and your i’s are dotted. Below are some tips on how to conduct a payroll audit as well as why you need to do one in the first place. Payroll managers need...

Understanding Wage Garnishments

You may come across the topic of wage garnishments when calculating payroll. Wage garnishments are defined as “any legal or equitable procedure where an employer withholds some portion of a person’s earnings for the payment of debt.” Wage garnishments can be tricky so it is important that you understand specific rules you must follow when processing payroll. Wage garnishments are debts owed by your employee to other parties. Some...

How Employers can Deal with Time-Off Requests

Occasionally, employees need a break. Vacation time is something everyone looks forward to – unless you are managing payroll. Payroll can be overwhelming to manage when numerous requests for single days off here and there (or larger requests for more time off at once) come along. Dealing with schedules can be complicated – especially if the persons requesting time off have large workloads. Below are some tips for managing...

Inclement Weather and Payroll Obligations

Stuff happens, including bad weather. Tornadoes, hurricanes, major storms, blizzards, floods and other inclement weather can cause weather-related closures. If your business closes, you still have to pay your employees on the next scheduled payday if they worked any time at all during the pay period. Below is some information on nonexempt and exempt employees and what federal and applicable state laws have to say. Nonexempt Employees According to...

4 Payroll Questions your Employees may ask you

Have you had employees come to you with questions regarding payroll that you know the answer to but just cannot put a finger on where to begin explaining? Below are a few typical payroll questions your employees may ask and how you can proactively manage your responses. Why is the amount on my final pay stub different than that which is listed on my W-2? This is a typical...

How a Payroll Provider can Help with Year End Books

We all need to ask for help sometimes. When it comes to wrapping up your small business’s books, it can be a lot to handle on top of all of the other everyday business matters you must handle. The good news is, finding help with your end of year payroll is easy and can lift the burden of payroll and taxes. How exactly can a payroll provider help you...

3 Payroll Mistakes you can Avoid in 2019

Everybody makes mistakes. But when it comes to payroll, mistakes can be detrimental. Many small business owners struggle with payroll due to the number of regulations and rules that apply. One of the scariest things about payroll mistakes is you may not even realize you have made one until the IRS smacks you in the face unexpectedly. To ensure 2019 is a year of little to no payroll mistakes,...