Payroll
3 Ways to Prepare for a Workers’ Comp Audit
Workers’ comp audits are performed to ensure that the premiums employers pay for workers’ comp insurance accurately reflect their respective risks. Most insurers check to make sure that employers and employees are properly classified and that the payrolls used for rating purposes are timely and accurate. If wrong classifications are detected, then the auditors…
Read More5 Common Payroll Mistakes & How to Correct Them
5 Common Payroll Mistakes & How to Correct Them Maintaining a payroll system can be delicate and complex, which means that sometimes mistakes may happen. In fact, errors are more common than not, so if you’re a business owner, you’ll have to be diligent in ensuring no payroll mistakes are made or missed. You’ll also…
Read MoreThese 6 Mistakes Can Cost You Money on Payroll
These 6 Mistakes Can Cost You Money on Payroll Regardless of what type of business you’re in, your employees are your most valuable resource. Ensuring that they’re happy and fulfilled in their jobs is critical to ensure the success of your company. One of the most basic ways to increase employee satisfaction is to make…
Read MoreHow Payroll Technology Can Improve the Bottom Line
How Payroll Technology Can Improve the Bottom Line Payroll is a necessary function that all businesses with employees must complete on a regular basis. While required, it is often a slow, painful process that requires the apt attention of one or more members of your time for an extended amount of time each payroll period.…
Read MoreOverhaul Your Payroll Processes
Overhaul Your Payroll Processes Human resources is one of the most critical yet overlooked departments in many companies. While it is tasked with many important projects related to hiring, reviews and even termination, it also has the ongoing responsibility of processing payroll. This includes making payments to employees in a timely, regular manner as well…
Read MoreSave Time and Money Using Direct Deposit
Save Time and Money Using Direct Deposit When you hear “direct deposit” you might not immediately think of saved time and money. However, that’s exactly what you’ll have if you implement this valuable service. Whether it’s for saved stock of paper checks or saved time with processing as well as processing fees, there are so…
Read More5 Things to Do Immediately to Make Payroll Easier
5 Things to Do Immediately to Make Payroll Easier Regardless of the size of your business, you may find that payroll is a monstrously time-consuming task. Small businesses that only have a few employees may manually process payroll, and calculating tax withholdings and more by hand can be a nightmare. Even in a larger company…
Read MoreThe Top Payroll Trends to Watch out for in 2017
The Top Payroll Trends to Watch out for in 2017 Payroll is an extremely vital aspect in any business. Salary is only one service that your payroll consists of; employees will often also have benefits such as insurance, paid time off, additional vacation pay, or need to take a leave of absence. As a result,…
Read MoreHow to Simplify Payroll Processing for Startups
How to Simplify Payroll Processing for Startups When you are busy growing your business, payroll and financial processing may be one of the last things you think about. However, you can trust that payroll processing is a priority to your employees. The solution is to keep your payroll processing simple yet efficient. Why is Simplifying…
Read MoreFICA Tip Credit Basics
FICA Tip Credit Basics Restaurant owners can save thousands of dollars in Taxes through the FICA Tip Credit, and they are hoping the industry won’t lose this special credit that restaurants and other food services depend on, which is available exclusively to restaurants and food service establishments. Restaurateurs are fearful of any changes or modifications…
Read More