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Category: Payroll

Pandemic Spotlight: JMJ Construction

November 16, 2020Mike Shefky

JMJ Construction is a general contractor in the construction industry for government agencies, including U.S. military branches and the State of Wisconsin. Vice-President Bridgette Wiggins recalls the past several months of conducting business in a pandemic as quite unusual and…

IPS employee earns Certified Payroll Professional (CPP) credential

November 4, 2020Mike Shefky

Congratulations to Payroll Manager Camille Pierce who passed an exam in early November to become a Certified Payroll Professional (CPP). This designation, administered by the American Payroll Association (APA), measures a candidate’s knowledge of federal statutes, taxes, and regulations in…

Covid-19, payroll and HCM considerations in the New Year

October 8, 2020Mike Shefky

There’s a “new normal” for business as the pandemic continues. But even that too can change at a moment’s notice. Every day, American businesses are wrestling with payroll compliance issues following changes to federal tax law and preparing for what…

A payroll tax “holiday”: What you need to know

September 18, 2020Mike Shefky

On September 1, 2020, a presidential executive order went into effect allowing employers the option to defer their employee’s Social Security tax through the end of the year, December 31. This means the 6.2 percent tax that employees normally pay…

Pandemic Spotlight: SecureFutures

September 15, 2020Mike Shefky

Like many Wisconsin-based organizations, the COVID-19 pandemic and subsequent office shutdowns forced SecureFutures, a Milwaukee-based non-profit and IPS client, to quickly adapt to a new reality. “Our employees are all working remotely now,” says Brenda Campbell, SecureFutures President and CEO….

IPS employee finds balance amid pandemic challenges

September 11, 2020Mike Shefky

IPS Payroll Specialist Ashlie Bruce spent a few minutes with us to talk about the many changes on the job since the pandemic and what has remarkably remained the same. Let’s go back to earlier this year when COVID-19 began…

IPS organizes payroll processing for employees on COVID-19 sick leave

September 3, 2020Mike Shefky

IPS reminds all employers that we can help them follow the proper procedures when paying their employees for COVID-19 related sick leave. According to the Families First Coronavirus Response Act (FFCRA) Employers qualify for dollar-for-dollar reimbursement on all qualifying wages…

What is the Employee Retention (Tax) Credit and how does it work?

May 1, 2020Mike Shefky

The Employee Retention (Tax) Credit was created to support businesses who forego layoffs and maintain their employees on payroll. According to the U.S. Treasury Department and the Internal Revenue Service (IRS), the refundable tax credit is 50% of up to…

Explaining the second wave of funding for the Paycheck Protection Program (PPP)

April 28, 2020Mike Shefky

Of the $484 billion in the latest stimulus package approved by Congress and signed into law by President Trump, some $310 billion will fund the second round of the Paycheck Protection Program (PPP). According to the U.S. Treasury PPP Fact…

What you need to know about deferment on employment taxes

April 25, 2020Mike Shefky

The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allows employers to defer the deposit and payment of the employer’s share of Social Security taxes and self-employed individuals to defer payment of certain self-employment taxes. What deposits and payments…

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Recent Posts

  • IPS welcomes Alyssa Jones-Plutte to the team
  • Pandemic Spotlight: JMJ Construction
  • IPS marks tenth anniversary in business
  • IPS employee earns Certified Payroll Professional (CPP) credential
  • IPS talks communication strategy with BizTimes

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