Mistakes happen to the best of us. But when they happen on an employee’s paycheck or with a payroll tax payment, it can result in frustration and monetary damages. That’s why it’s important to have a solid payroll processing plan in place to avoid potential errors and fees. To help you avoid payroll-related mistakes, DM […]
Delivering Business Insights
Category: "Payroll Tax Filing & Compliance"
One of the most costly and time-consuming aspects of running a business is managing your employees’ payroll from week-to-week. And to top it all off, if your payroll isn’t processed on time, it can cost your business thousands of dollars in fines along with irreparable damage to employee morale. If you are not outsourcing your […]
As you get ready to prepare your EEO-1 report this year, some events have occurred that may impact your filing. Following the government shutdown this year, the Equal Employment Opportunity Commission (EEOC), the agency responsible for collecting EEO-1 data, pushed the reporting deadline from March 31 to May 31, 2019. However, in March a judge […]
For companies that provide benefit plans to over 100 eligible employees, spring usually means annual audit season is just around the corner. Undergoing a benefit plan audit can be a stressful time for any plan administrator — especially if you’re scrambling to compile the required documentation and meet deadlines. The best strategy for having a […]
As the first federal tax returns for 2018 are starting to be filed by the early birds, many are unpleasantly surprised by their lack of refund this year. Why the surprise? Most people didn’t notice their paycheck in 2018 grew slightly based on the reduced withholding requirements set forth by the Tax Cuts and Jobs […]
Payroll record keeping is important for every business, regardless of its employee size. But with all the forms, documents and regulatory agencies’ requirements, it can quickly become overwhelming for most employers. Unfortunately, to avoid regulatory and legal scrutiny, it must be made a priority. Federal Requirements First and foremost, it’s imperative an employer comply with […]