Small PPP Loan Forgiveness
December 29, 2020
If your business was one of the millions that took out a Paycheck Protection Program (PPP) loan in 2020, good news! You may not have to pay it back. The government has announced a comprehensive forgiveness plan for PPP loans to stimulate the economy further. By meeting specific qualifications, some PPP borrowers will not have to […]
Read MoreHow to Handle a Returned W2
December 24, 2020
The deadline to mail employees their W2 each year is Jan. 31, so you must have all your tax information sent out by that date. But what if you send a W2 to someone and it’s returned? You may worry about getting in trouble with the IRS by failing to get the W2 to the employee […]
Read MoreOffice Cleaning and Safety Tips
November 17, 2020
With the COVID-19 pandemic, many offices are finding that hygiene is a more pressing topic than ever before. You may need to wipe down all surfaces every time a customer visits your offices. You may also need to carefully disinfect after an outbreak and before you bring employees back to the office. In either case, […]
Read MoreUpdate Your Employee Leave Policy
October 26, 2020
Most businesses have regulations about employee leave. In the wake of the global COVID-19 pandemic, many organizations are finding they need to update their employee leave policies. Employees and leaders alike want to know whether they can take leave if they fear getting the virus and what kind of leave is possible for those who […]
Read MoreTop Five Methods for Keeping Track of Remote Staff
July 31, 2020
More and more businesses offer remote work as an option for employees. Many tasks performed at the office at a computer can easily be completed at home, and employees appreciate the flexibility of being able to work from home. To ensure your remote workforce stays productive, you need a way to track each employee’s hours […]
Read MorePPP Loan Forgiveness Tips
June 12, 2020
The Paycheck Protection Program made billions of dollars’ worth of loans available to businesses across the United States. If you secured one of these loans, or if you’re still hoping to apply for another round, you’ll want to ensure that you meet all the parameters outlined in the program to receive loan forgiveness by following these […]
Read MoreWhy Use Paperless Payroll?
May 28, 2020
The payroll process has seen many advances over the past few decades, including real-time updating of payroll and accounting management capabilities. One major step forward has been the introduction of paperless payroll. An automated payroll system can perform many tasks without generating any paper. The proliferation of Software as a Service (SaaS) programs has made […]
Read MoreTop Three Ways to Track Employee Hours
May 19, 2020
Tracking the hours your employees work is a critical aspect of the payroll process. It can be challenging to track employee hours in addition to monitoring sick and vacation time and ensuring nonexempt employees do not work unexpected overtime. There are several systems and processes you can implement to streamline how your company tracks hours. Here are […]
Read MoreThe Difference Between Biweekly and Bimonthly Pay
March 12, 2020
It’s easy to assume that biweekly and bimonthly pay are the same. They are both issued at least twice a month, and both are popular methods to process payroll. In fact, bimonthly and biweekly payroll are different, especially when it comes to the pay frequency. Each offers advantages and disadvantages for employees and those who prepare the payroll. […]
Read MoreKey Changes to Social Security in 2020
February 11, 2020
Social Security policies are updated yearly to better reflect the concerns of an aging nation. The federal government makes adjustments for the many retired or soon-to-retire workers who will rely on Social Security as a large portion of their income. What will the coming year bring for Social Security changes? Here are five things you […]
Read More