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Showing posts with the label payroll

Payroll Concerns for Remote Employees

Generally, the employer must withhold income tax in the state where work is performed (there is an exception that is explained later). If an employee who resides in another state works exclusively in that state (different from the employer’s state), then taxes are usually withheld only in the employee’s state. (The employer is in State A and the employee lives in State B and does all the work for the employer in home State B, so the employer should withhold State B tax for the employee, assuming State B has an income tax.) I say “usually” because there are exceptions that permit the employer not to withhold state income taxes in the employees’ state. If the employee resides in the employer’s state, tax for that state must be withheld even though the employee works exclusively in another state. And there may be additional withholding obligations in the state in which the employee works. Already confused? If an employee works a few days in each location, things become even more compl

Free Payroll Tax Calculator

The PayCheckManager site : Paycheck Manager provides a FREE Payroll Calculator with a no hassle policy. Any user can simply access PaycheckManager.com and start using the calculator. No registration required. No private information is saved. It’s a full-featured paycheck calculator that allows for hourly or salaried, bonus, 401k and other earnings and deductions. Users can also download and print paychecks, all for FREE! As our friend Walter said, "Still waiting to see what the catch is but haven't found it yet." Paycheck Manager also provides a complete self-service payroll management tool for any user who wants to prepare, view and print paychecks, payment vouchers and payroll reports. All information will be saved in our secure environment for easy payroll management. This portion is FREE to try for up to 3 months upon registration.

2012 Statistics of U.S. Businesses — Employment and Payroll Summary Report

From the Census Bureau : A new report presents industry and geography highlights from the Statistics of U.S. Businesses program. These data allow comparisons between business establishments that do similar work but are part of different-sized enterprises.

The Importance of Pay Fairness

Perceived pay fairness for employees is just as important as the reality of it. Employees need to feel that the hard work they put into their job matches what they get back from it—and pay is an important part of this evaluation. The importance of pay fairness to employees is obvious in its relationship to employee engagement, turnover intentions, work stress, psychological and physical health, and life satisfaction. But fair pay isn’t just important to employees—it’s also in your company’s best interest. Go HERE to download your complimentary WorkTrends Report, “Perception is Reality: The Importance of Pay Fairness to Employees and Organizations. *** To that end: New York Sushi Restaurant Eliminates Tipping Because It Pays Waiters A Salary With Benefits : Most restaurants use tips as an excuse to pay their servers less, even though surveys find employers often duck the federal requirement that only allows them to pay below minimum wage if tips make up the difference. As a resu

Dear America: Your Higher Payroll Taxes Are Not The Result Of A Tax Increase

While the fiscal cliff deal extended the income tax rates for 99% of Americans, one expiring provision that was not given new life by the 11th hour negotiations was the 2% reduction to an employee’s share of Social Security payroll taxes. For 2011 and 2012, employees paid only 4.2% of their wages towards Social Security. Beginning January 1, 2013, that burden has reverted back to 6.2%. As a result, if you earn a salary, you may have noticed that your first paycheck in 2013 was 2% lighter than your last check in 2012, assuming equal pay. And that has some people awfully mad. *More from FORBES HERE .

Five Tips for Outsourcing Your Small Business Payroll Operations

If you find you don’t have enough hours in the day to take care of your business operations, your clients and your employees, outsourcing key business functions such as payroll can be a cost-effective business strategy. In fact, payroll is the first function many small business owners look to outsourcing. Read more .