Blog

Posts Tagged payroll taxes

Payroll Taxes on the Rise in Credit Reduction State

Even though the state of Indiana has been designated one of the best states for business regarding taxes, one area that doesn’t play out is with the FUTA. That’s the Federal Unemployment Tax Act. Employers pay a tax on employees’ wages to cover the state’s unemployment insurance program.

Indiana is one of several states in the position of having an outstanding loan to the federal government.  In fact, according to the Congressional Research Service report dated Sept. 20, 2012, Indiana owed the federal government $1,994,007,775.40. And that means the state is designated a FUTA Credit Reduction State. (more…)

Posted in: Payroll, Payroll Taxes, Rules, Regulations and Laws

Leave a Comment (0) →

Entrepreneurs Stay Serious about Payroll Taxes

When it comes to payroll, and payroll taxes, business owners have a lot of questions:

  • Who’s actually responsible for payroll taxes being paid?
  • I have a payroll provider, but how do I know taxes are being paid on my behalf – in full and on time?
  • If the taxes don’t get paid, who does the IRS come looking for?
  • Is there any legal recourse if the taxes haven’t been paid? Is the government lenient in these situations? (more…)

Posted in: Operating a Small Business, Payroll, Payroll Processing, Payroll Taxes, Rules, Regulations and Laws

Leave a Comment (0) →

What You Need to Know About Small Business Payroll Taxes and Reporting

When Indiana Department of Revenue (IDR) tells you money is owed, it would be natural to assume that you owe it. But did you know that it’s possible with the volume of payroll tax returns (WH-1’s) that state departments of revenue get, it’s not uncommon that mistakes may and can be made? Are you or your payroll provider keeping track of your small business taxes?

(more…)

Posted in: Operating a Small Business, Payroll, Payroll Taxes, Rules, Regulations and Laws

Leave a Comment (0) →

Payroll Provider Explains Unemployment Taxes

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.

(more…)

Posted in: Payroll, Payroll Processing, Payroll Taxes, Rules, Regulations and Laws

Leave a Comment (0) →

Church Payroll is Not Simply Tax Exempt

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.

(more…)

Posted in: Churches and Non-Profit Employers, Payroll

Leave a Comment (0) →

Payroll Provider Explains Why Employees Should Review Pay Stubs

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.

(more…)

Posted in: Payroll Processing, Rules, Regulations and Laws

Leave a Comment (0) →
Page 5 of 5 12345