2023 Year End Payroll Checklist!
The following list is not exhaustive, but these are most of the common items that our clients communicate to us in order to make sure the year-end process is as smooth and accurate as it can be.
The following list is not exhaustive, but these are most of the common items that our clients communicate to us in order to make sure the year-end process is as smooth and accurate as it can be. The hotly contested issue of what exactly needs to be filed for EEO-1 reporting this year has been resolved—at least for now. Pay data for both 2017 and 2018 must be reported to the Equal Employment Opportunity Commission (EEOC) by September 30, 2019. Payroll is one of your biggest expenses that affects your company's cash flow and will always be a priority. It's a big deal and if you're not careful, payroll mistakes will cut your revenue more than necessary.
2023 Year End Payroll Checklist!
EEO-1 Reporting Requirements finalized and here's what you need to know.
3 Practical Ways to Save on Construction Payroll
With as little as 1 employee and depending on which state you’re in, you are responsible for multiple duties in relation to labor laws. This may include the proper processing of payroll and taxes, labor law posting requirements, and worker’s compensation coverage.
A benefit of a Health Savings Account to an employer is the tax savings you will earn by reducing total taxable wages.
Customer service and the overall client experience is paramount to our team. The Payroll Vault corporate culture fosters a helpful and positive environment that trickles throughout all departments to every employee. From sales to operations, our objective is to make you feel like family. Dedicated Payroll Specialists ensure your every need is addressed, researched, and resolved. They are your life…
It would be hard for any regulatory change to be as impactful as the passage of the Affordable Care Act. However, the Department of Labor’s impending changes to the overtime exemption rules may be just that. As if that wasn’t stressful enough, you will have far less time to prepare for the fallout of the overtime rule changes seen in Obamacare. The new rules won’t be phased in over the course of a decade.
With all of the changing regulations, reporting, compliance issues, and especially the Affordable Care Act, payroll for a business owner is more complex than they know. The practices of the do-it-yourself entrepreneur that is trying to save a few dollars, remain in the driver seat of their business, and cut their own payroll checks for their employees are costing them more money and time than they really know.
