All Payroll Articles - Page 2

8 Best Payroll Services & Payroll Companies 2020

By Charlette Beasley on March 23, 2020 | Buyer's Guide, Human Resources, Payroll | Comments (0)

The best payroll services help businesses pay employees correctly, manage tax withholdings, and ensure deductions are taken for benefits, retirement savings, and garnishments. Annual payroll related costs for 10 employees can range from $1,000 to more than $22,000. The best payroll services are affordable, easy to use, and include both payroll and human resources support….

6 Best Restaurant Payroll Software 2020

By Charlette Beasley on February 5, 2020 | Buyer's Guide, Human Resources, Payroll | Comments (0)

The best restaurant payroll software helps businesses pay employees accurately and on-time, manage payroll taxes, and track tips using special tip reporting features. Annual costs can range from $468 to more than $4,000 for 20 employees. We evaluated costs, restaurant-specific features, human resource support, and customer reviews to determine the top six systems. 6 Best…

Payroll Processing: What Happens During the Payroll Process

By Patrick Proctor on January 6, 2020 | Human Resources, Payroll, Ultimate Guide | Comments (1)

Payroll processing consists of the steps needed to pay employees each period, and involves tracking hours worked, deducting money for employee benefits, and remitting payroll taxes. Establishing a solid payroll process helps employers avoid penalties for breaking Department of Labor laws (minimum wage, unpaid overtime), and payroll software makes it easy. You can reduce the…

Payroll Forms Employers Need

By Charlette Beasley on December 5, 2019 | Human Resources, Payroll, What is | Comments (0)

Regardless of how many employees you have, payroll forms are a necessity. Most employers need the regulated payroll tax forms required to maintain good standing with the IRS, like W-4 forms for new hires. Other, less structured forms can also be useful in helping to better organize your company’s processes—for instance, direct deposit authorizations. Payroll…

Payroll Compliance: Important Payroll Laws to Know

By Patrick Proctor on December 5, 2019 | Human Resources, Payroll, What is | Comments (0)

Although many would argue that payroll is straightforward, payroll laws vary by state, and regulations change often. This article addresses how payroll tax rates, workers’ compensation, and more evolve. We also acknowledge how the IRS and United States Department of Labor (DOL) look upon many of the most critical compliance areas within payroll processing. Payroll…

Industry-specific Payroll: Knowing Which Resource Is Best for You

By Patrick Proctor on December 5, 2019 | Directory, Human Resources, Payroll | Comments (0)

Fair or not, payroll is not the same for everyone. Depending on the industry your business is in, you may be faced with regulatory challenges that others don’t have. The agricultural, restaurant, construction, religious, and nonprofit industries have industry-specific payroll tax rules and IRS reporting requirements they must comply with to avoid penalties. The Importance…

How to Conduct a Payroll Audit [+ Free Payroll Audit Checklist]

By Laura Handrick on November 21, 2019 | How To, Human Resources, Payroll | Comments (0)

Conducting a payroll audit helps ensure your payroll process complies with labor and tax laws. Further, regular payroll audits reduce occurrences of fraud, embezzlement, and wage theft. You can strengthen your financial controls and address potential issues using our free customizable payroll audit checklist that covers how to conduct a payroll audit step-by-step. , which…

15 Tips For Managing Payroll Effectively

By Anna Dizon on September 23, 2019 | Human Resources, Payroll, Tip List | Comments (0)

Payroll management is a system for processing employee paychecks (salaries, bonuses, deductions), complying with labor laws, and maintaining adequate documentation. It’s important that businesses learn tips for managing payroll effectively, because it directly affects their financial health. In 2017, the IRS assessed almost $7 billion in civil penalties from non-compliance of employment tax requirements. Here…

Top Human Resource Payroll Software & Systems 2019

By Charlette Beasley on August 23, 2019 | Buyer's Guide, Human Resources, Payroll | Comments (2)

Human resource (HR) payroll software helps employers pay their workers, remit taxes, and manage the employer-employee relationship from the dates of hire to retire. The best providers are versatile and simplify human resource management. We evaluated services based on their cost and features. The top six cost up to $19,600 annually for 40 employees. Top…

Pay Period: Types, Payroll Calendars & State Requirements

By Charlette Beasley on July 10, 2019 | Human Resources, Payroll, Templates | Comments (0)

A pay schedule is a timetable employers follow to pay their employees. It includes the work periods for which employees are paid in addition to their pay dates. There are several pay schedules from which to choose — for example, weekly or twice a month — and our payroll calendars make them easier to track….

6 Best Household Employee Payroll Services 2019

By Charlette Beasley on July 5, 2019 | Buyer's Guide, Human Resources, Payroll | Comments (0)

Household payroll services help families pay household employees (using checks and direct deposits) and taxes. The best providers are affordable and well-versed in household employer payroll responsibilities. We evaluated a dozen services based on their cost, expertise, and ease of use and found the top six ranging from $288 to over $1,000 annually. Top 6…