If you can uncover and correct any mistakes before you run Forms W-2 for Tax Year 2022, you'll save yourself some time. Plus, employees will thank you (well, maybe not, but at least you can head off some complaints). Best…
Paychecks
Earned wage access, also known as on-demand pay, has been a hot topic in the Payroll space recently. While it may not be on your radar right now, many employers are using it as a key retention tool – and…
Any employee complaints about missing or inaccurate pay should be taken seriously. Even if you think the worker’s crying wolf, putting their paycheck concerns on the back burner could land you in the middle of a costly fight with the…
By February 15 each year, any employees who’ve written “exempt” on their Form W-4 for the prior year need to give your Payroll team an updated form. But if IRS doesn’t agree with certain employees that they’re exempt from withholding,…
IRS has released Publication 1494 for 2022. You may need the tables contained in the publication if IRS informs you of a levy on an employee’s wages. More specifically, the tables in Publication 1494 tell you how much of an…
Termination pay is riddled with potential problems, as a recent federal district court case shows. In Garcia v. Wal-Mart, an employee clocked in for work and a few minutes later was called into a meeting with his supervisor where he…
When your Payroll department receives an Income Withholding Order for Support (IWO) for an employee, it’s crucial to make sure the right amount is being deducted for child support. Employers that don’t withhold per the terms of the order may…
It’s sometimes necessary to change your pay cycle. In this situation, it’s key to proceed with caution. Along with any compliance and legal issues that may arise due to state prompt payment laws, you’ll have to address workers’ concerns about…
If your Finance or Payroll folks make special arrangements with an employee to repay debts or overpayments, it’s critical to remind them to get the agreement in writing. This is the best way to protect your company in case any…
Over the past few years, on-demand pay programs, which allow workers to access their wages at any time after they’ve been earned, have become more popular. Now, new guidance from the feds paves the way for employers to offer this…
Even in a time of crisis, remind your payroll team that regulators will still check that you’re paying people correctly. That's what one Georgia company found out recently, to the tune of almost $185,000. MLU Services Inc. was doing work…
There’s no denying that the finance staffers you hire can make a big difference in your company’s overall efficiency and success. (more…)
