Payroll Briefs

Blog Articles

DOL Offers Back-to-School Paid Leave Guidance

The U.S. Department of Labor (DOL)’s Wage and Hour Division (WHD) and Employment and Training Administration (ETA) recently published new guidance providing insight into the reopening of schools across the country. The guidance includes a new FAQs section offering further information to both employees and employers about paid leave under the Families First Coronavirus Response […]

Creating a Post-Pandemic Compensation Strategy

One of the most complicated challenges to navigate amongst the nationwide COVID-19 shutdown is making decisions about employee pay. Since the pandemic is truly the most unprecedented event in our lifetime, there are no set instructions or past experiences to explain how employers should proceed, especially with something as sensitive as pay. However, all employers […]

Don’t Underestimate the Human Component of Payroll

When it comes to managing your company’s payroll processing, the task has historically been considered as a back-office, administrative role. However, your payroll manager has the significant task of serving your business’s most important asset: its people. Given payroll’s transactional nature, if you don’t have an effective payroll solution in place, it may be difficult […]

How to Report Your Employees’ Paid Leave Amounts Under FFCRA

The Internal Revenue Service (IRS) recently issued Notice 2020-54 detailing how employers must report the amount of emergency sick leave wages as well as expanded family leave wages paid to their employees under the Families First Coronavirus Response Act (FFCRA) within the time period of Apr. 1, 2020 and Dec. 31, 2020. DM Payroll Solutions […]

How Long Should You Keep Payroll Records?

As a business owner, keeping tight payroll records is imperative. However, can you confidently say which records your business needs to keep and for how long? While your company grows and you hire more and more employees, you likely will run out of room (physical and/or virtual) to house each employee’s individual paperwork. After awhile, […]

IRS Issues Changes to Cafeteria Plans, FSA Claims Period and HSA Limits

In light of the COVID-19 crisis, the Internal Revenue Service (IRS) has issued new guidance pertaining to cafeteria plan changes, health flexible spending arrangements (FSAs) and health savings accounts (HSAs) in IRS Notice 2020-29 and Notice 2020-33. The new guidance provides flexibility to employees across the country as businesses continue to navigate the current health […]

DOL Now Enforcing COVID-19 Paid-Leave Rules

When COVID-19 first put the country into a state of emergency, the U.S. Department of Labor (DOL) provided employers with time to comply with pandemic-related paid sick leave and paid family leave mandates. During this time, businesses could correct mistakes without facing scrutiny. However, the DOL recently increased its enforcement efforts. DM Payroll Solutions gives […]

EEOC Delays EEO-1 Reporting to 2021

Over the past 50 years, larger employers have been required by the federal government to file an annual EEO-1 report to provide demographic data about their business. Given the unprecedented circumstances the COVID-19 pandemic has recently presented millions of businesses, the U.S. Equal Employment Opportunity Commission (EEOC) announced they have delayed the 2020 deadline to […]

PPP is Modified by Paycheck Protection Program Flexibility Act

On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA), bringing welcomed changes by small businesses to the Paycheck Protection Program (PPP) forgiveness rules initially created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The new legislation makes it easier for millions of PPP borrowers to […]