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…
There’s no doubt that tackling payroll presents serious challenges to businesses of all sizes. Handling time and attendance, payroll taxes and workers’ compensation can be difficult for even the most experienced business leaders. That’s where payroll services companies come into…
In May, the U.S. Department of Labor (DOL) released its final rule on overtime, modifying the requirements that employers follow to determine whether they must pay an employee overtime. The new rule is designed to protect employees who should be…
Businesses can enter into various types of employment relationships with their workers. Employees may be treated as full-time hires with a complement of benefits, part-time workers with limited benefits or independent contractors with no other benefits than the wages they…
