What Exactly Is Payroll Automation?
Managing payroll is often regarded as an overwhelming and daunting task. From tracking the unique tax codes for each of your employees and the seemingly countless deduction options to determining …
Do you need to report these forms of employee compensation?
The majority of — if not all — employers understand that they must report the salary, overtime pay, and bonuses that their employees receive as compensation for the jobs they …
Major Overtime Change Will Deeply Affect Employers
According to a Department of Labor release, a newly issued rule increases the salary threshold required to exempt a salaried bona fide executive, administrative, or professional employee from federal overtime pay …
How a Leap Year Impacts Payroll
Remember four years ago when you dealt with a leap year’s impact on payroll? Do you remember what you had to do? If not, here’s a refresher. Download this free …
New Independent Contractor Rules: Do They Affect Your Employees?
The Department of Labor’s final rule for employee or independent contractor classification under the Fair Labor Standards Act rescinds the 2021 Independent Contractor Rule, replacing it with guidance on analysis …
New Colorado Laws Impacting Business Owners and Individuals
Effective January 1, 2024, several Colorado laws were ushered in, including minimum wage increases and changes to paid leave. Minimum Wage Colorado’s minimum wage was boosted to $14.42 per hour, an …