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Top 5 reasons to check your payslip

cipHR

CIPHR asked payroll expert Jon Lee for some pointers. As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. Further reading.

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What Is Imputed Income? | Payroll Definition and Examples

Patriot Software

Group-term life insurance exceeding more than $50,000. health insurance). Patriot’s online payroll software calculates the proper taxes for you. Opt for our Full Service payroll services and we will take care of withholding and depositing the taxes. Adoption assistance exceeding the tax-free amount.

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How to Handle the Death of an Employee in Your Small Business

Patriot Software

Do you offer benefits like health insurance, life insurance, and retirement plans? If your employee’s spouse or dependents were on the deceased employee’s health insurance plan, let them know that their coverage is ending. COBRA temporarily provides health insurance coverage to impacted individuals.

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Form W-2 Box 1: A Guide for Navigating Through Confusing Discrepancies

Patriot Software

If you imported information from your payroll software or used a tax preparer, you may not know the ins and outs of Box 1. Accident and health insurance premiums for 2%-or-more shareholder-employees (if you have an S Corp). Taxable cost of group-term life insurance in excess of $50,000. So, what is Box 1?