PayrollOrg

JANUARY 8, 2025

It contains important payroll tax payment and reporting dates every payroll professional needs to know during the calendar year. The PayrollOrg Compliance Calendar for 2025 is now available on the PAYO website.

Taxes 91

Taxes Payroll IT 91

Patriot Software

AUGUST 9, 2021

In addition to giving employees their paychecks, you also have the cost of payroll taxes. So, how much does an employer pay in payroll taxes? Keep reading to learn more about the employer cost of payroll taxes. How much does an employer pay in payroll taxes? […] READ MORE.

Taxes 111

Taxes Payroll Employment 111

Patriot Software

AUGUST 29, 2022

Collecting, reporting, and remitting payroll taxes are some of your key responsibilities when you have employees. And if you forget or downright neglect your responsibility, your small business could receive a penalty for not paying payroll taxes.

Taxes 20

Taxes Payroll 20

PayrollOrg

NOVEMBER 21, 2023

Need help with local payroll taxes? Check out this great local payroll compliance research tool from PayrollOrg, updated for 2024!

Taxes 104

Taxes Payroll 104

McDermott Will & Emery Employee Benefits

JUNE 21, 2022

The New Jersey Supreme Court upheld two decisions by lower state courts in May to dismiss litigation challenging Jersey City’s ordinance that taxes city employers’ payroll but exempts residents. The post New Jersey High Court Upholds Jersey City Payroll Tax appeared first on EMPLOYEE BENEFITS BLOG.

Taxes 98

Taxes Payroll Employee Benefits Employment 98

PayrollOrg

AUGUST 18, 2023

Effective July 1, 2024, Vermont employers will be required to make contributions for a new state payroll tax. A portion of the tax may be withheld from employee wages, and the rest must be paid by the employer.

Taxes 104

Taxes Payroll Employment 104

McDermott Will & Emery Employee Benefits

JULY 26, 2022

Last month, the Washington Court of Appeals affirmed a lower court’s decision to dismiss a challenge to the recently enacted payroll expense tax in Seattle, WA. The tax, which went into effect on January 1, 2021, […]. Seattle Metro. Chamber of Commerce v. City of Seattle, No. 82830-4-I, 2022 WL 2206828 (Wash.

Taxes 94

Taxes Payroll Employee Benefits Executive Compensation 94

Patriot Software

JULY 13, 2022

There are a lot of things to keep track of as a business owner, with payroll taxes being one of them. The IRS requires you to withhold payroll taxes on your employees’ earnings and also contribute payroll taxes. This process can be complicated if you aren’t prepared.

Taxes 93

Taxes Payroll 93

HR Lineup

JULY 29, 2024

Running a small business involves juggling numerous tasks, and managing payroll can be one of the most complex. Ensuring employees are paid accurately and on time, while complying with various tax laws, is crucial. Fortunately, payroll software can simplify this process. It offers robust payroll and tax management features.

Payroll Software 87

Payroll Software Payroll Software Taxes 87

PayrollOrg

JANUARY 17, 2022

American Payroll Association. Go > Payroll Currently – All Issues. Payroll Currently – Volume 29 – 2021. Payroll Currently – Volume 30 – 2022. Your Online Payroll Compliance & Research-Ready Library. The Payroll Source® The Payroll Source® is the payroll industrys most trusted text.

Electronics 197

Electronics Payroll Online Payroll Taxes 197

Money Talk

JUNE 28, 2023

Below are ten mid-year financial tweaks and tasks: Tax-Deferred Savings Tweak - Perhaps you will get a raise on July 1. Consider completing the paperwork needed to save more money from July to December in your employer’s tax-deferred retirement savings plan. The 2023 maximum pre-tax contribution is $3,050.

Flexible Spending Account 242

Flexible Spending Account Banking Health Savings Account Taxes 242

McDermott Will & Emery Employee Benefits

MAY 31, 2023

For decades, promoters have marketed programs to employers seeking to leverage the favorable tax treatment accorded employer-provided medical benefits. These programs are variously described as “wellness” or “preventive services” arrangements, and they are usually wrapped in or offered with hospital indemnity policies.

Hospitality 96

Hospitality Taxes Payroll Medical 96

Patriot Software

FEBRUARY 8, 2024

Payroll software makes paying employees a breeze by calculating federal, state, and local taxes. If you’ve decided you want to use software to run payroll, you can put away your calculator and income tax withholding tables (hooray!). But, do you know how to choose a payroll service?

Payroll Service 106

Payroll Service Payroll Payroll Software Taxes 106

3Sixty Insights

AUGUST 27, 2024

Rémi Champeix is a global payroll transformation lead with over 15 years of experience. His expertise includes global payroll strategy, process design, governance frameworks, and system implementations. He is adept at simplifying payroll landscapes, centralizing tasks, and managing vendor relationships.

Global Payroll 105

Global Payroll Payroll Taxes Government 105

Patriot Software

AUGUST 31, 2022

If you want to pay an employee supplemental compensation, such as a bonus or a relocation payment, you must withhold payroll taxes just like with regular wages. But, what if you want an employee to receive a specific amount after taxes? That is when you gross-up payroll figures.

Payroll 110

Payroll Bonuses Taxes 110

PayrollOrg

DECEMBER 18, 2023

It contains important payroll tax payment and reporting dates every payroll professional needs to know during the calendar year. The Compliance Calendar for 2024 is now available on PayrollOrg’s website.

Payroll 118

Payroll Taxes IT 118

Patriot Software

DECEMBER 14, 2022

Self-employed individuals must pay a unique payroll tax called self-employment tax. What is self-employment tax? In this article, you’ll find out everything you need to know about self-employment tax. Learn how much the tax is, how to calculate your tax liability, and more.

Taxes 97

Taxes Employment Payroll 97

3Sixty Insights

JUNE 5, 2024

Tax rates, pay rates, state and local regulations differ, and the list goes on. The potential for costly and time-consuming mistakes is high, and payroll managers must be vigilant to protect their employees. The potential for costly and time-consuming mistakes is high, and payroll managers must be vigilant to protect their employees.

Payroll 122

Payroll Payroll Manager Human Resources Taxes 122

Patriot Software

APRIL 15, 2024

Payroll is arguably a business’s biggest expense. Between taxes and benefits, an employee costs up to 32% more than their wages. To accurately budget for your payroll-related expenses, try payroll forecasting. Read on to learn […] Read More

Payroll 100

Payroll Taxes 100

Patriot Software

APRIL 18, 2022

Here’s another tax to add to the payroll checklist: local income tax. Cities, counties, small areas, and localities across the country have a local income tax for individuals working or living in the area. But, what is local income tax? What is local income tax? What are your responsibilities?

Taxes 97

Taxes Payroll 97

Patriot Software

OCTOBER 10, 2022

As a small employer, you have all sorts of payroll taxes to worry about: income taxes, Medicare tax, and Social Security tax. But, what about unemployment taxes? Do employers have to pay unemployment taxes? Do employers have to pay unemployment taxes?

Taxes 101

Taxes Employment Payroll 101

cipHR

SEPTEMBER 23, 2020

Improve data accuracy, reporting, and compliance by bringing HR and payroll together. The answer is yes – if you invest in a single, integrated HR and payroll solution. So if you don’t already use a single, integrated HR and payroll solution, now’s the time to consider making the switch. Less time to process payroll.

Payroll 132

Payroll Payroll System Taxes Employment 132

Patriot Software

DECEMBER 18, 2024

You will also have to withhold employment taxes. As you are doing payroll calculations […] Read More In each pay period, you need to track employee time worked. Then, at the end of the pay period, you will calculate employee compensation.

Overtime 96

Overtime Taxes Payroll Employee Compensation 96

PayrollOrg

APRIL 19, 2024

On April 18, the IRS released its 2023 Internal Revenue Service Data Book, which provides statistics that underscore the importance of payroll professionals to the integrity of the American tax system.

Taxes 104

Taxes Payroll IT 104

Patriot Software

AUGUST 31, 2022

But, are they pre-tax vs. post-tax deductions? What are payroll deductions? What are payroll deductions? Payroll deductions are […] READ MORE. You know there are deductions to take out of your employees’ paychecks. What do you withhold from an employee’s take-home pay?

Deductions 94

Deductions Deductible Payroll Take Home Pay 94

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 78

Disability Insurance Taxes Insurance Deductions 78

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 Deductions 98

Darwinbox

JANUARY 3, 2025

Income over PHP 250,000 up to PHP 400,000 is taxed at 15% of the excess over PHP 250,000. For an income of PHP 50,000 per month, this falls into the PHP 400,000 range (annual income of PHP 600,000)

Taxes 85

Taxes Payroll Employment 85

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

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 Deductions Deductible 98

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 80

Payroll Deductions Deductible Taxes 80

PayrollOrg

MAY 8, 2023

In this edition of May 2023 Compliance TV: IRS Data Affirms Payroll's Vital Role in Nation's Tax System; SSA Releases Tax Year 2023 W-2 Electronic Filing Specs; IRS Said 2024 Form W-2 Will Not Be Redesigned; DOL Publishes Report on UI Trust Fund Solvency, and more.

Taxes 80

Taxes Payroll Electronics 80

PeopleKeep

DECEMBER 7, 2022

As an employer or human resources professional, you must know the proper documents, forms, and rules for payroll and taxes. Required payroll documentation includes payroll records and the supporting information your organization uses to determine wages and hours worked.

Payroll 98

Payroll Employment Human Resources Taxes 98

Patriot Software

MARCH 6, 2024

Understand the new Alabama overtime tax law that exempts employees' overtime earnings from state income tax. Get the details and reporting requirements for businesses. Read More

Overtime 97

Overtime Taxes Employment Payroll 97

Patriot Software

OCTOBER 17, 2022

Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE. You or your employees?

Taxes 108

Taxes Payroll 108