Certified Payroll Specialist: How to Pick the Right Provider
Ready to take your payroll paperless? Here are some of the benefits and hurdles you may face when making the change to electronic paperless payroll systems.
Ready to take your payroll paperless? Here are some of the benefits and hurdles you may face when making the change to electronic paperless payroll systems.
Certified Payroll Specialist: How to Pick the Right Provider
Ready to take your payroll paperless? Here are some of the benefits and hurdles you may face when making the change to electronic paperless payroll systems.
Retro Pay: How to Easily Calculate Retroactive Pay
Your complete guide to HR compliance in 2021. New rules and regulations to keep in mind in the new year.
It's your job as a company to make a new employee's transition to your business as smooth as possible. Here's what it takes to properly onboard a new hire.
There’s one common belief among the millennial members of the workforce: Work is a thing you do, not a place you go to.
Garnishments and child support orders are issued by the court and sent to the employer in order to start the calculation of the deduction of these items from the employee’s wages. It is very important to read the details in their entirety and then communicate to the entity designated in the order.
There are many changes to take note of regarding employment law at the federal level. An FLSA update provides a decision on the tip-sharing discussion, HSA contribution limits are slightly increased, and the 2018 W4 form is released.
Companies will outsource their payroll and HR services to ensure they are in compliance. Check out the information below from HR Snapshot to learn more about hiring 15 or more employees.
Most enterprise level corporations have more sophisticated protection against serious risks than most small businesses. Nonetheless, it’s critical to protect your business – no matter how great or small - and here’s a list of basics to get you started. Software & Security Patch Updates Updates are released for software all the time.
As you consider your annual budget and estimate cash flows during the year, you’ll want to take into account how payroll taxes may fluctuate throughout the year. Now is the perfect time to take a look at your tax liability.
Regardless of industry, specialty, size, or any other relation you use when describing your business, your business is defined by your workforce. The people who work for your organization, who are fueling the engine of your business, are what makes your business.
Each year around tax time, we hear from a handful of clients who have employees who didn’t have enough (or any) withholding taxes taken from their pay checks. It could have been for a number of reasons such as: High exemption calculation from their W-4 form, low pay that didn’t trigger the tax tables, or a high number of pre-tax deductions.
Client Service is the bare essential for all businesses. Payroll Vault’s competitive advantage is our dedication to ongoing client service efforts. In goal setting for 2018, here are some pointers from our team of in-house client service experts.
The IRS will be recalculating and publishing new tax tables to go into effect this year. These updates will affect new hires as well as existing employees, so please take note. For new employees, you will still need to use the 2017 W-4 form until the new one is published. Continue to check online to see when the form is updated here. For existing employees, they may notice a change in the calculat…
Significant changes are on the way for withholding tables in 2018. Important items to note: Recalculations of withholding tables will take some time to put together and send to the public. Look to early February at the earliest to see this change. Supplemental wages (bonuses and commission) on any amounts under $1 million will have an increased standard rate of 28% up from 25%. Private sector empl…
As our clients near the end of the year, there are many things they can do to prepare themselves to receive accurate W2s. There are many items to review, however, if you consider each item systematically it doesn’t take long to complete. The following list is a great place to start to ensure that: Employee information is checked for accuracy - name, social security number, address, etc. Independ…
This season, along with your holiday networking and planning your 2018 event calendar, is an outstanding time to be in contact with your referral partners and vendors. With the new year approaching, there will be a compliance focus and potential rollout of innovative solutions. Collaborations throughout the year can be hugely beneficial to your clients’ business and daily operations. Open commun…
With 2018 around the corner, we would like to offer a small reminder that minimum wages may increase for regular and tipped employees in your state. If this is the case in your area, know your labor posters will need to be updated so your company remains in compliance. Don’t wait to prepare for the changes that are on the horizon. Keeping up on labor postings updates is a timely process that re…
A common statement echoed by many small business owners is, “I’m a small business. I manage all HR related tasks, and don’t need HR…yet.” And, the most common question asked is, “I’m a small business, why do I need an HR generalist when I can do it myself?” Many small and medium-sized businesses will take on human resource duties, as well as payroll and tax management, reception, a…
Accuracy Operating efficiently is imperative to ensure costs are controlled. Economic focus can be more critical for the start-up, or small business. A timekeeping solution is oftentimes overlooked, and viewed as “it can wait”. Many offices continue to use manual timekeeping, or allow employees to approximate their time each pay period. Either scenario is possible cause for error and additiona…
The Payroll Vault brand is experiencing tremendous growth due to the growing complexity of payroll processing and the need for clients and partners to have a trustworthy processor. In today's market, payroll is among the Top 5 Most Outsourced Services, and is fueled by complex legislation and compliance demands. Payroll Vault now has locations operating in 17 states to ensure that a local, dependa…
New overtime rules affecting millions of American workers are slated to take effect later this year.
