Just about every worker counts on it and almost every employer has paid it, but few understand it. What’s that? Unemployment taxes. Who pays it and how? Once you see how it works, it makes sense. The Payroll Department thinks it’s time everyone got an easy-to-understand explanation.
A general misconception is that churches don’t have to worry about taxes – that they are exempt. As a payroll provider, the staff at The Payroll Department understands how much of a myth that is for churches. There are many different types of taxes on the state and federal levels and being a church actually is a complex situation. The church may be exempt from some taxes but not others and the tax code can vary from state to state. That’s where professional payroll services can be invaluable.
Some employees can work in jobs their entire life and never know anything about wage garnishments. As employers, you are probably not as lucky. Chances are that at some point you will be asked to garnish the wages of an employee. Do you know what to do?
The Payroll Department has had a lot of experience with wage garnishments. Garnishments are not something that employers or payroll services decide to do on their own. We receive official notification and are required to comply, even if an employee objects.
Our last blog talked about why employees should review their pay stubs. Now, Teresa Ray from The Payroll Department wanted me to share the reasons why keeping pay stubs is important.
When I was 11 years old, I discovered pay stubs strewn about in my brother’s car. I’d never seen pay stubs before and they looked really official. I asked if they should be kept somewhere safe and he said they weren’t important – not like the cash in his pocket. Even then, his answer didn’t seem correct.
Now, I KNOW his answer wasn’t correct. Teresa Ray from The Payroll Department in Brownsburg understands the importance of pay stubs and why employees should review them every payroll period.
The following questions and answers provide employers and payroll service providers information that will help them as they prepare to implement the Additional Medicare Tax which goes into effect in 2013. The Additional Medicare Tax applies to individuals’ wages, other compensation, and self-employment income over certain thresholds; employers are responsible for withholding the tax on wages and other compensation in certain circumstances. The IRS has prepared these questions and answers to assist employers and payroll service providers in adapting systems and processes that may be impacted. (more…)
U.S. Citizenship and Immigration Services (USCIS) announced that employers should continue using the current version of Form I-9 even after the expiration date on the form of August 31, 2012 has passed. The agency recently proposed several revisions to Form I-9 and stated it will provide updated information about the new version of the Form I-9 as it becomes available. With the I-9 back in the news again, now is the perfect time to go over some tips and best practices to keep your business I-9 compliant should the government surprise you with an audit. U.S. Immigration and Customs Enforcement (ICE) reported five times as many audits in the last three years compared to 2008 and more than $9 million in fines for I-9 violations. (more…)