Payroll is an integral part of every business. The payroll accounting process involves paying wages, calculating hours, applying benefits, deducting taxes and collecting garnishments, all while staying in compliance with federal rules, state laws and local regulations. The best thing you can do for your business is to create a payroll schedule. Not only will […]
Tag: payroll compliance
How to Manage Payroll When Weather Shuts You Down
Hurricane Petunia is barreling down the coast. The weather report features the pending “Snowpocalypse”. Whatever the weather, your nonprofit will need to cope with related closures at some point. Many nonprofit organizers question whether they are required to pay employees if Mother Nature forces closure for the day. Salaried versus Hourly Employees Under federal law, […]
Payroll on Autopilot: Your Time & Money Saver
Managing payroll is often regarded as an overwhelming and daunting task. From tracking the unique tax codes for each of your employees and the seemingly countless deduction options to determining whether each employee is an hourly or salaried worker, there are many details to be mindful of, all while avoiding making payroll-related errors. How automating […]