Every year, you are required to send Form W-2 to employees by the January 31 Form W-2 filing deadline. Hopefully, those forms will get to your employees. But, some forms might come back to you as undeliverable, especially if you have incorrect employee addresses on file. What should you do with Forms W-2 returned to […]
Read More What to Do With a Form W-2 Returned to EmployerMichele Bossart
What Is an Exempt Employee?
Are all of your employees eligible to receive overtime pay? Some employees are exempt from overtime pay and minimum wage laws. Exempt employee qualifications are determined by the Fair Labor Standards Act (FLSA). In order to correctly run payroll, you need to be familiar with exempt employees. What is an exempt employee?
Read More What Is an Exempt Employee?What Is Excise Tax?
As a small business owner, you have a lot of government documents and tax forms for small business to keep up with. If you sell certain products or services at your company, you might be responsible for filing and paying excise tax. What is excise tax?
Read More What Is Excise Tax?6 Great Ways to Learn Payroll
“How do I do payroll?” That’s probably not the first question you asked when you decided to start a business—it probably wasn’t even your 50th question. But if you’re going to hire employees, you will need to know how to do payroll. Running payroll goes far beyond multiplying employee hours by the hourly rate and handing over […]
Read More 6 Great Ways to Learn PayrollI Lost My PIN for EFTPS Payroll Deposits and Lived to Tell About It
Now that you’re making payroll tax deposits via the Electronic Federal Tax Payment System, you may wonder: “What happens if I lose that pesky EFTPS PIN number?” It just happened to me. I misplaced the EFTPS notice with my assigned PIN number. I couldn’t log in to make my payroll tax deposit without the PIN. […]
Read More I Lost My PIN for EFTPS Payroll Deposits and Lived to Tell About ItWhat Is an NSF Check? | How to Handle
So you’ve brought your product or service to market, and are generating revenue. You’re well on your way to creating the business that you dreamed about. However, there could still be bumps in the road that keep you from collecting your receivables. Such as an NSF check from a customer. Not familiar? Let’s consider the […]
Read More What Is an NSF Check? | How to HandleWhat Are Regular Hours?
The term “regular hours” can mean several different things, but most often refers to the usual hours that employers expect their employees to work. When an employer runs payroll, they usually must select from several different hours types: regular hours, overtime hours, holiday hours, etc.
Read More What Are Regular Hours?Payroll Software Guaranteed in Six New States
Canton, Ohio — Patriot Software, LLC, announces the release of our Patriot PAY online payroll software in six new states. Founder and president Mike Kappel states, “We perform rigorous testing of our software for each state before offering our payroll software in that state. Since payroll tax laws vary from one state to the next, […]
Read More Payroll Software Guaranteed in Six New StatesAre You Ready for Small Business Saturday?
Patriot Software, LLC, is proud to again be a supporter of Small Business Saturday. As a premier partner, we want to help small business owners capitalize on this 5th annual nationwide opportunity.
Read More Are You Ready for Small Business Saturday?