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Rescue Your Business With a Payroll Audit

Patriot Software

Running payroll accurately is arguably one of your most critical employer responsibilities. But even if you use a reliable payroll processing system, there’s room for user error. You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll.

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Rescue Your Business With a Payroll Audit

Patriot Software

You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll. The post Rescue Your Business With a Payroll Audit appeared first on Payroll Tips, Training, and News. To combat these potential problems, conduct […].

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Why you need a regular business process and payroll audit review

Ascender

Why you need a regular business process and payroll audit review. Additionally, payroll could be a potential compliance challenge for many HR and payroll professionals in any business. One of the ways to maintain a good degree of compliance is to start with a payroll audit.

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Department of Labor Ends PAID Program: What This Means for Your Small Business

Patriot Software

Department of Labor (DOL) ended its Payroll Audit Independent Determination (PAID) program on January 29, 2021. And if you participated in the program, you may have a lot of questions. So, what does the end of the PAID program mean for you and your business? What is the PAID program? The DOL created […] READ MORE.

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Preparing for a Payroll Audit: Essential Tips for Small Businesses

Hppy

Payroll audits play a crucial role in ensuring compliance and accuracy in business finances, particularly for small businesses. Proper payroll practices are not just about compensating employees correctly but also about staying compliant with complex payroll tax laws, federal and state regulations, and company policies.

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7 Steps to Auditing Your Payroll | BerniePortal

BerniePortal

It’s also complicated, and mistakes make payroll even more costly. Here’s how to conduct a payroll audit, including why it’s important in the first place and seven steps to get you started. But you don’t have to wait till an employee complains or the government calls to make corrections and stay compliant.

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Time for a payroll health check?

Ascender

This has led to numerous companies being caught out and penalised for not properly accounting for payroll taxes withheld or underpaying employees. In some instances, it’s not necessarily a compliance issue but instead, companies are just throwing away money due to out-of-date payroll processes.

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