There’s a lot to consider when outsourcing payroll for a business. “How much will it cost? and “What level of services will I receive?” are among the first questions that may come to mind. So, how do some business leaders…
In April, Wisconsin Governor Tony Evers established a new enforcement unit to prevent companies from incorrectly classifying their workers as independent contractors and compensating them “under the table,” dodging payroll taxes, workers’ compensation and unemployment insurance costs. “When employees are…
It’s an exciting and busy time when new workers join a company. While there are a number of steps involved in the employee onboarding process, things can become a bit more complex if any of those new hires are also…
For many businesses, properly handling payroll taxes can be a complex part of running a business. With many federal and state rules in a constant state of change, it’s a challenge for a company to stay on top of regulations…
For IPS clients, much of what’s updated pertaining to payroll on an annual basis happens automatically within your IPS software (iSolved). However, there are still a few basic changes all employers should be mindful of for 2019. Doing so will…
It’s not unusual for the team at IPS to receive a lot of questions during tax season. The one issue that we hear about quite often is why the earnings on employees’ final paystubs are not the same as their…
With the New Year right around the corner, now is the ideal time to consider making adjustments to your company’s payroll process, or perhaps even an outright change of service providers. IPS recommends taking a proactive approach to analyzing your…
Because of the federal tax overhaul, many companies are in the process of updating their payroll systems for 2018. The IRS recently released its new withholding tables for the new year, and that means changes in how employee paychecks are…
Regardless of the size of the business, there is no escaping the fact that tax compliance is a mandatory part of operations. Given the complexity of U.S. tax laws, ensuring that your company conforms to all tax regulations requires an…
By now, employers must be aware that the Internal Revenue Service changed the deadline for compliance with W-2 preparation and distribution to January 31, 2017. A W-2 or a 1099 is used to report wages, salaries or non-wage earnings. Payroll services…
