Think about what life would be like if you and your employees didn't get paid correctly and on time each payday. National Payroll Week 2022 is Sept. 5-9, and it's the ideal time to show appreciation for the people that…
Payroll
Good news for employers that may be considering permanent telework options for employees: The Dept. of Homeland Security (DHS) is thinking of implementing additional guidelines that would allow for remote document inspection for Form I-9 purposes. In a new proposed…
If there are issues with a company's policies for payroll recordkeeping and overtime pay, Dept. of Labor (DOL) Wage and Hour Division investigators could come calling. Several employers across the country learned this the hard way – and they were…
Fall is an important season for unclaimed property reporting. And it’s something Finance needs to start thinking about as summer ends. Many states have unclaimed property reporting deadlines in October and November each year. And compliance is crucial, since issues…
Tax withholding can get tricky for your Payroll pros, between federal and state obligations. And in addition to tax withholding on regular employee wages, there are entirely separate guidelines for supplemental wages. This can get particularly complicated if you have…
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…
The types of compensation that need to be included in employees' regular rates of pay for overtime purposes can trip up Payroll pros and potentially draw scrutiny from the Department of Labor's (DOL) Wage and Hour Division. A DOL investigation…
Finance could be seeing some changes when filing the next EEO-1 pay data report, thanks to new recommendations from a study by the National Academies of Sciences, Engineering, and Medicine. The academies studied the EEO-1 report to see if the…
With several states recently passing legislation restricting access to abortion services, some of your peers have been mulling over paying for medical care travel expenses that employees and their dependents incur because the services they seek are unavailable in their…
The old adage is true: There’s no such thing as a free lunch – and you also can’t use that lunch as payment for employees, even if it’s on a volunteer basis. One location of a popular fast-food franchise learned…
Your Finance team, particularly staffers from other departments that have been assigned Payroll tasks, may still be adjusting to Tax Cuts and Jobs Act changes that went into effect in 2020. For instance, there are now six worksheets that take…
IRS is once again reminding companies to be on the lookout for tax identity theft schemes as part of its annual Security Summit. Correcting business identity theft can be a long, expensive process. So it’s key to take a preventive…
