Patriot Software

JUNE 21, 2021

If you have your employees contribute to their premiums, you have to know how to deduct the cost from their gross pay. But, are payroll deductions for health insurance pre-tax? Providing health insurance benefits to your employees can leave you with a lot of questions.

Health Insurance 74

Health Insurance Deductions Deductible Gross Pay 74

Patriot Software

JUNE 18, 2024

Tax withholding is an essential piece of the payroll puzzle. One of the taxes you must withhold from employee wages is the Old-Age, Survivors, and Disability Insurance (OASDI) tax. You must also contribute an employer portion of the OASDI tax. OASDI tax is more commonly referred to as Social Security tax.

Disability Insurance 79

Disability Insurance Taxes Insurance Deductions 79

Patriot Software

AUGUST 31, 2022

Do you withhold the premiums and contributions before or after taxes? So, you must understand the difference between pre-tax vs. post-tax deductions. Pre-tax vs. […] READ MORE. If you provide benefits to employees, you probably wonder how to withhold wages for the benefits properly.

Deductions 79

Deductions Deductible Taxes IT 79

Insperity

FEBRUARY 11, 2021

Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Having a firm grasp on these responsibilities and why they are important will help you set up a payroll process that encourages accuracy and is easy to run.

Payroll 104

Payroll Overtime Deductions Deductible 104

BerniePortal

JUNE 2, 2022

To employees, payroll may seem pretty straightforward. Employers, on the other hand, know how complicated payroll can get, especially when it comes to withholding taxes.

Payroll 98

Payroll Employment Commissions Deductible 98

WEX Inc.

MARCH 7, 2023

The season for filing taxes is upon us once again. We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax return. Make sure your W-2 form shows HSA payroll contributions Provided by your employer, your W-2 shows the wages you earned and any taxes withheld.

Taxes 98

Taxes Health Savings Account Deductible Deductions 98

Patriot Software

AUGUST 3, 2022

Whether or not you want to admit it, payroll taxes should be one of your top concerns. Payroll taxes generally include Social Security and Medicare. But, many states have additional taxes that employers need to deduct from employee wages. California payroll tax […] READ MORE.

Taxes 78

Taxes Payroll Deductible Deductions 78

BerniePortal

JULY 11, 2022

There are many moving pieces when it comes to payroll. From managing employee hours worked, PTO , and deductions to ensuring your organization is withholding the correct state and local taxes from each paycheck—running payroll can be time-consuming. But it doesn’t have to be.

Payroll 95

Payroll Payroll Software PTO Deductions 95

Patriot Software

MAY 30, 2024

Running payroll is more than cutting employees a check for their hours worked. Payroll takes time. A lot goes into calculating and withholding taxes and deductions. You can use payroll KPIs, or key performance indicators, to analyze how well you manage payroll. How long does it take […] Read More

Payroll 81

Payroll Deductible Deductions Taxes 81

Business Management Daily

JUNE 16, 2021

Tax compliance is one such task and knowing what needs filing annually versus quarterly can be tricky. Annual income tax returns. The type of form on which to report business income tax and the date this paperwork is due varies by how the company is set up. This paperwork reports income, gains, losses, deductions, and credits.

Taxes 98

Taxes Deductions Deductible Payroll 98

Qandle

DECEMBER 5, 2023

In any organization, efficient payroll processing is not just about paying employees accurately and on time; it’s a critical aspect of employee satisfaction and regulatory compliance. In this detailed blog post, we’ll explore the key components of payroll processing and how organizations can streamline this complex function.

Payroll 79

Payroll Net Pay Gross Pay Payroll System 79

BerniePortal

JUNE 27, 2022

From managing employee hours, PTO , and deductions to ensuring your organization is withholding the correct taxes from each paycheck—running payroll can be time-consuming. Many organizations are moving their payroll onto HRIS platforms for a more seamless process, making spreadsheets a thing of the past.

Payroll 97

Payroll PTO Deductible Deductions 97

Patriot Software

FEBRUARY 22, 2024

Most employers handle direct deposit through their payroll software. Payroll services calculate employees’ wages, taxes and deductions, and take-home pay. […] Read More Direct deposit is a convenient payment method for employees, who receive their paycheck quickly and securely on payday.

Payroll Service 84

Payroll Service Payroll Payroll Software Take Home Pay 84

Business Management Daily

AUGUST 31, 2023

Expenses that could previously be deducted on an employee’s tax return may no longer qualify, and relocation benefits that previously could be paid out without counting towards a taxpayer’s income may now result in higher tax liabilities. Can employees deduct their moving expenses? What is a relocation reimbursement?

Taxes 98

Taxes Deductible Deductions Bonuses 98

HR Digest

AUGUST 4, 2020

For any business, a handy and adequate Payroll software application is a must-have. These payroll apps not only consolidate the multiple payment processes required into one platform but also offer numerous tools for economic and precise payroll functions. paying business-related taxes to the government, etc.

Payroll Manager 98

Payroll Manager Payroll Payroll Software Management 98

Business Management Daily

JULY 7, 2022

Commissioner —has a direct impact on your payroll operations, at least if you’re late filing a Tax Court petition and the reason for your tardiness was beyond your control. Hallmark Research Collective, a pot dispensary in California, deducted its expenses, like any other business does. Yes, the U.S. One decision— Boechler v.

Payroll 98

Payroll Deductions Deductible Taxes 98

Qandle

DECEMBER 16, 2023

Payroll refers to the process by which employers calculate and distribute compensation to their employees for the work they have completed. It involves various tasks, including calculating wages, withholding taxes and other deductions, and ensuring that employees receive their net pay.

Payroll 84

Payroll Payroll Software Payroll System Gross Pay 84

Qandle

MAY 16, 2023

If you are a business owner, HR manager, or payroll administrator in India, understanding payroll processing is essential for your business’s smooth operation. From calculating employee salaries to managing taxes and deductions, payroll processing is a critical aspect of any business. What is payroll?

Payroll 76

Payroll Gross Pay Deductible Deductions 76

Benefit Resource Inc.

JANUARY 3, 2023

If you’re in the 70% of people who have health-related goals for 2023, let’s take a look at how pre-tax benefits can help set goals and prioritize your health this year and beyond. Add In Pre-Tax Benefits. Plus, any interest earned on the account is tax free and the money is ALWAYS yours! Set SMART Goals.

Utilities 98

Utilities Taxes Flexible Spending Account Flexible Spending 98

Qandle

SEPTEMBER 20, 2024

Managing payroll is a complex task that involves numerous calculations, compliance with regulations, and timely execution. Traditional payroll methods often lead to issues such as errors in calculations, delays in processing, and difficulties in ensuring compliance with changing laws. Looking for the Best Payroll Software ?

Payroll Manager 77

Payroll Manager Payroll Payroll Software Management 77

Patriot Software

NOVEMBER 3, 2021

Payroll has a lot of moving parts to keep track of: employee hours, gross pay, net pay, payroll taxes, employee deductions, employer contributions, and the list goes on. That’s where the payroll register comes in. So, what is a payroll […] READ MORE.

Payroll 85

Payroll Gross Pay Net Pay Deductible 85

Patriot Software

JANUARY 3, 2022

When you have employees, payroll is one of your most important tasks. Because payroll is oh-so important, you need to know how to calculate your employees’ checks. That includes knowing how to calculate taxes and other deductions accurately. Read on to learn more about how to calculate payroll.

Payroll 83

Payroll Deductible Deductions Taxes 83

Qandle

SEPTEMBER 15, 2024

One of the most effective ways to enhance operational efficiency is by integrating your Human Resource Management System (HRMS) with your payroll system. This integration offers a seamless flow of information between HR and payroll functions, reducing errors, saving time, and ensuring compliance with various regulations.

Payroll 77

Payroll Payroll System Deductions Deductible 77

Patriot Software

AUGUST 8, 2024

Instead of manually calculating gross pay, payroll taxes and deductions, and net pay, you might opt for payroll software. With the right software, you can run payroll in minutes—not hours—each pay period. But what kind of payroll features do you need to maximize your time savings […] Read More

Payroll 80

Payroll Software Gross Pay Net Pay 80

Qandle

AUGUST 29, 2022

But because of today’s advances in technology, we are now able to do a single task in a variety of various ways using Payroll Software. Managing the payroll of the firm may sometimes be the most challenging of all of the many activities that need to be completed. An employee puts in a lot of labor to get this result.

Payroll Software 80

Payroll Software Payroll Software Payroll System 80

Qandle

AUGUST 3, 2023

Payroll processing is a critical function in any organization, including those operating in India. This guide presents a comprehensive step-by-step procedure for payroll processing in India, including the techniques and stages involved. Looking for the Best Payroll Software ? Check out the Payroll Software.

Payroll 75

Payroll Payroll Software Deductible Deductions 75

HR Lineup

JANUARY 2, 2022

Filing federal and state tax returns online can be challenging and overwhelming for employers. Since the process needs to be seamless and fast, employers are looking for effective tax filing solutions. Luckily, there are tax software programs out there to simplify filing tax returns. Quickbooks Payroll.

Taxes 79

Taxes Software Payroll Deductions 79

HR Bartender

JULY 11, 2023

A great example of this is my taxes. Can I prepare my own taxes? The time I spend doing tax-related stuff could be better spent generating revenue by working on client projects or building my business. I must keep my employment tax knowledge current. I must keep my employment tax knowledge current. Yes, I can.

Taxes 86

Taxes Employment Payroll Payroll System 86

Money Talk

AUGUST 16, 2023

Tax on Social Security Benefits - Those who work and claim benefits will trigger taxes with a combined income above $25,000 (individuals) or $32,000 (married couples filing jointly). Continued FICA Tax - Like all workers, employed older adults must pay Social Security/ Medicare tax.

Taxes 130

Taxes Pension Deductions Deductible 130

HR Lineup

DECEMBER 1, 2023

In the ever-evolving landscape of business management, contractor payroll software plays a pivotal role in ensuring seamless and efficient payment processing for businesses that engage with external contractors. With its contractor payroll features, Zoho Books enables precise payment processing, tax calculations, and expense tracking.

Payroll Software 85

Payroll Software Payroll Software Taxes 85

Patriot Software

APRIL 26, 2021

When you run a business, the word taxes might fill you with dread—especially if you have employees. You pay some employment taxes (e.g., unemployment), while others are taxes you deduct from your employees’ wages and pay on their behalf. One of the taxes you must withhold is federal income tax.

Taxes 90

Taxes Deductible Deductions Employment 90

Business Management Daily

DECEMBER 1, 2019

Hourly-paid nonexempts are impacted only to the extent of withholding and deductions. Although most companies choose this option, it may be a costly decision, since employees will receive an extra paycheck, along with extra taxes withheld and extra benefits provided. Employees’ benefits deductions and allowances (e.g.,

Payroll 83

Payroll 401(k) Deductions Deductible 83

cipHR

APRIL 27, 2021

From the benefits of payroll software to choosing the right software for your organisation, we cover everything you need to know about payroll software. To help reduce admin and increase efficiency, HR teams can turn to HR software , but what can payroll teams do when they also want to reduce admin, costs and improve efficiency?

Payroll Software 93

Payroll Software Software Payroll Overtime 93

Business Management Daily

JUNE 28, 2024

As many of these young workers may be taking on their first job, employers must remember some important payroll considerations. First-Job Jitters It’s natural for employers and young employees to experience some jitters regarding payroll. Payments to children under 21 are exempt from FUTA taxes.

Employment 97

Employment Net Pay Payroll Taxes 97

Darwinbox

NOVEMBER 29, 2023

Payroll software is a digital solution designed to streamline the entire process, from calculating wages to deducting taxes and generating payslips. In this ultimate guide, we dive deep into the world of payroll software, exploring its benefits for both employees and organizations.

Payroll Software 75

Payroll Software Software Payroll Deductible 75

Qandle

NOVEMBER 27, 2023

Payroll management is a critical aspect of running a successful business, ensuring that employees are compensated accurately and on time. This guide aims to provide a comprehensive overview of payroll management in a concise manner. Looking for the Best Payroll Management ? Check out the Payroll Management.

Payroll Manager 69

Payroll Manager Payroll Gross Pay Payroll Software 69

Qandle

SEPTEMBER 20, 2023

Payroll taxes are a crucial aspect of every employer’s financial responsibilities. These taxes are collected to fund various government programs and benefits, including Social Security, Medicare, and unemployment insurance. These withheld taxes are then remitted to the Internal Revenue Service (IRS) on a regular basis.

Taxes 52

Taxes Payroll Employment Deductible 52