Each year, you need to file Form W-2 for your employees. You might need to use Form W-2 Box 12 codes to accurately fill out Form W-2.
Read More Form W-2 Box 12 Codes and ExplanationsOct 14, 2022
Patriot Software Payroll Reports
What Are Your Equal Employment Opportunity Responsibilities?
Most employers are required to comply with equal employment opportunity responsibilities. These responsibilities ensure that you do not discriminate against employees because of their race, color, religion, sex, national origin, age, disability, or genetic information. The U.S. Equal Employment Opportunity Commission (EEOC) enforces federal laws related to workforce discrimination. The EEOC has resources where you […]
Popular Posts
- Margin vs. Markup: Chart, Infographic, & More
- Updates to the Income Tax Withholding Tables and What You Need to Know
- The Average Cost of Living by State, and Why Ignoring it Could Sink Your Business
- The Three Golden Rules of Accounting You Should Always Follow
- Don’t Forget to Collect State W-4 Forms from New Hires
Stay up to date on the latest payroll tips and training
Latest Articles
Oct 14, 2022
What Is Schedule A (Form 940)?
Are you a small business owner with employees? Even if you had only one worker this year, you need to manage your FUTA taxes, and send Schedule A and Form 940 to the IRS. What is Schedule A (Form 940)?
Read More What Is Schedule A (Form 940)?Oct 14, 2022
Ohio Requires Additional School District Reporting on Form W-2
If you have an employee in Ohio, you need to include the Ohio school district number on Form W-2. The Ohio Department of Taxation is requiring this change to help reduce the number of reporting errors on individual income tax returns. Read on to learn more about this requirement.
Read More Ohio Requires Additional School District Reporting on Form W-2Oct 14, 2022
The Payroll Compliance Checklist You Need to Use
Payroll compliance isn’t a once-per-year task you can easily check off. Remaining compliant is a big job. You must make sure your business is compliant with all payroll laws year-round. You can make payroll compliance easier and less stressful by doing tasks throughout the year. In fact, there are some tasks, like filing taxes, that […]
Read More The Payroll Compliance Checklist You Need to UseOct 14, 2022
What Is Form 8655?
When signing up for payroll services that include tax filing, you’ll be asked to fill out Form 8655. The company won’t be able to file or deposit your taxes until you submit the form. So, what is IRS Form 8655 used for? Find out below.
Read More What Is Form 8655?Oct 14, 2022
Do I Need to File Form 8027?
In some industries, employees earn the bulk of their wages from tip income rather than hourly or salary pay. If you own a food or beverage establishment, your employees likely earn tips. Like regular pay, you still need to withhold taxes on tip income. And, you need to report tip earnings on Form 8027.
Read More Do I Need to File Form 8027?Oct 13, 2022
Answers to 18 Payroll Questions You Are Dying to Ask
For some business owners, running payroll might be like learning a foreign language. You are a master of your business idea, not the administrative responsibilities that come with it. Because you might not be familiar with these responsibilities, you might have some payroll questions.
Read More Answers to 18 Payroll Questions You Are Dying to AskOct 12, 2022
Everything You Need to Know About IRS Form W-2
If you have employees, you are responsible for many tasks like running payroll, withholding payroll taxes, and distributing IRS Form W-2. As you might know by now, Form W-2 can be uber confusing. Who receives a form? Where do you send it? When is it due? Get the answers to these questions and more by […]
Read More Everything You Need to Know About IRS Form W-2Oct 12, 2022
Common Form W-2 Errors (Like a Handwritten W-2)
Form W-2 errors are never a good thing. You may cause more work for yourself, delay tax returns and refunds for employees, and accumulate fines. You should carefully review each Form W-2 before you send it to the Social Security Administration and your employees.
Read More Common Form W-2 Errors (Like a Handwritten W-2)Oct 11, 2022
The Basics of Schedule SE
If you are a small business owner who earns self-employment income from your business, you must pay self-employment tax. Like all taxes, there is a specific form to calculate and file self-employment tax. Do you know what form to use for self-employment tax?
Read More The Basics of Schedule SE