Employee Benefits and Strategy Developments to Look Out for and Adopt to Win In 2022 And Beyond
The new year is a time when we all start strategizing for success and reflecting on last year’s accomplishments. This also means trying to anticipate what will matter in 2022. This will most likely mean planning ahead by looking at current trends, predicting which technologies or tactics might become major players in the year ahead, […]
Top Methods to Improve Employee Job Engagement and Increase Your Company’s Bottom Line Profits
Gone are the days of casual appreciation in an office environment. Through creative ideas, you can show your employees that they’re appreciated and valued for their hard work during stressful times! The old ways of thanking people by saying “good job” or patting them on the back simply won’t cut it anymore. Here’s how 7 […]
Today’s Top Payroll Issues to Pay Heed to Or Else
Have you run into any payroll tax problems? You’re not alone. Even the most well-oiled company can make a mistake and end up in trouble with their taxes, but it doesn’t have be that way! Here at The Payroll Company, we strive to help businesses avoid these mistakes by providing all sorts of valuable information […]
Payroll Tax Problems in 2021 and Beyond and What to Do About Them
If a business fails to file a payroll tax or pay it, IRS takes strict action against the company. The results of this situation are graver for a business than an individual, and there is a greater possibility of seizures, penalties, and heavy fines. Firstly, it is very important to know the details of this […]
The Basics of Improving Work Productivity
Productivity is the ratio of output over input, Output over input is how to measure productivity, just as production is defined by goods and services created in each period of time. The critical difference of these two productivity and production concepts, though are their respective qualities: while “quantity” may be an indicator for how efficient […]
Top Typical Payroll Issues Today
Payroll taxes are applicable if you have hired employees for your business. As a business owner, you have to pay the tax deposits to IRS a day after you have paid the employees. Small businesses are also prone to mistakes and can stuck into a tax-related problems. Not paying taxes on time will charge you […]
Payroll Taxes – The Small Business Tax Obligation You Better Pay or Else
The main problem that most small business owners face these days is that they have to keep themselves updated with recent federal, local, and state laws. It is entirely up to the owners that whether they want to hire a professional who can handle their tax issues or not. It is also possible that the […]
The Breakdown of Payroll Taxes and How They Get Paid
Chances are, if you were to pull out your latest pay stub, you would see two important lines among the list of taxes taken out of your wages: FICA and MEDFICA. If you were to do the math, these two lines, standing for Federal Insurance Contributions Act and Medicare Federal Insurance Contributions Act respectively, take […]
Top Payroll Tax Issues Businesses are Dealing with in 2021
Payroll taxes are the taxes that are imposed on the employees. Employees and employers face many payrolls tax issues and they find it quite challenging to tackle these issues efficiently. Knowing about these issues makes it easier for employers to resolve them properly. Here are the top payroll tax issues faced by employers that you […]
Strategies to Consider Employing to Lower Payroll Tax Penalties
According to Payroll tax penalties, Sec. 6656, when you are not able to deposit the taxes then it becomes a very catastrophic situation. A business generally faces a payroll penalty when it gets very difficult for it to afford especially for new businesses or the businesses with poor cash flow. Businesses can eliminate the payroll […]