Running payroll isn’t just about paying employees on time, it’s also about staying ahead of deadlines for taxes, benefits, and deductions. One of the simplest but most effective tools for staying organized is a payroll calendar. A payroll calendar lays out your pay periods, paydays, and key filing deadlines in one place, helping you avoid […]
Accurately calculating employee taxes is one of the most important responsibilities of any business that processes payroll. It affects everything from employee take-home pay to your company’s compliance with local,
When most business owners or leaders think about employee costs, they usually start with wages. But wages are just one piece of the puzzle. The true cost of an employee
Business leaders and owners are constantly juggling priorities: growth, profitability, headcount, productivity—and making sure none of them come at the expense of the others. In the middle of all that,
When running payroll, few things are as consistently misunderstood as federal income tax withholding, or FIT. Employers often find themselves fielding questions from employees about why their take-home pay is lower
Managing payroll is more than just issuing checks-it also means staying on top of everything your business owes as a result of each pay cycle. These unpaid obligations are known
Accrued payroll refers to employee compensation that a company owes but has not yet paid. It includes wages, bonuses, payroll taxes, and other benefits that accumulate over the course of
If you’ve ever run payroll or reviewed your business’s tax obligations, you’ve probably seen the term FUTA. It might sound technical, but it’s actually a key part of how unemployment
If you run a business or manage payroll, you’ve probably come across the term FICA. It might sound like just another payroll acronym, but FICA is one of the most
The OASDI tax—short for Old-Age, Survivors, and Disability Insurance—is a familiar deduction on most paychecks, but many employees and even business owners aren’t fully clear on what it funds or
Dispensary owners have a web of compliance and legal challenges to navigate, even when it comes to paying their employees.
In today’s marketplace, companies continue to look for cost savings and ways to make their operations more efficient.
Occupancy tax-also known as hotel tax, lodging tax, bed tax, or transient occupancy tax-is a required fee that short-term lodging providers must collect from guests on behalf of local and/or