Payroll

An IRS penalty is an unnecessary financial burden that’s completely avoidable. For small businesses especially, it’s imperative that taxes are filed correctly to avoid IRS payroll tax penalties.

With the NHL regular season wrapping up, playoffs are finally here. Ready to discuss which team has the best chance of winning the Stanley Cup? Or would you rather discuss how payroll works for the National Hockey League? Spoiler: NHL players make a lot of money. But what does that look like on a single […]

Most enforcement of government payroll regulation is reactive, initiated by an employee complaint. Similarly, while the possible penalties for non-compliance can theoretically be severe – including potential jail sentences – such penalties are rarely, if ever, imposed. However, there is one area of government regulation where significant penalties, at least financial ones, are actively and regularly […]

The myriad of responsibilities an employer has to deal with can be quite overwhelming, but unfortunately, government agencies do not look kindly upon mistakes, even those made unknowingly. One such employer responsibility is the act of submitting a New Hire report to the designated agency in your state. Fortunately for you, New Hire reporting is […]

Double Overtime is relevant to your company if any of the following applies, You’re a California, US-based company You’re a British Columbia, Canada based company You have employees who work in either of the above locations If none of the above applies to your business, you don’t have to worry about double overtime. You only […]

If a map of overtime requirements by state is what you’ve always dreamed of, you’ve come to the right place! Scroll below to find your state. If you’d like to learn more about overtime, or see these state requirements in a detailed chart, you should also view: Overtime Payroll Requirements You Need to Know for […]

A simple and straightforward payroll looks at an employee’s gross annual or hourly pay rate, divides it by the frequency of your payroll and then applies the necessary Federal, State and Local taxes. This final amount is the net income that gets deposited into your employee’s bank account.  Occasionally though, you’ll need to go beyond […]

Few things are more contentious than disagreements over employee work schedules. Does the employer have the right to determine how many hours employees will work or request mandatory overtime? Are there thresholds past which employees can’t be made to work, with or without their consent? To answer these questions, we first have to recognize three […]

You have probably heard of the Affordable Care Act (ACA), which is the first health reform act responsible for the largest middle-class tax cut in history. An Overview of the Affordable Care Act More commonly known by its nickname ObamaCare, the purpose of the ACA is to reform existing healthcare practices by giving consumers more […]

Unlike the US, employers in Canada are required by law to observe statutory holidays (stat holidays) as per federal, provincial and territorial labour regulations. Commonly known as public holidays,  these stat holidays are: Not considered a part of an employee’s annual leave. Usually tracked as paid time off. If you are a federally regulated business […]

This blog post is written for Canadian businesses. U.S.-based companies should refer to How to Structure Paid Time Off Plans Like a Pro. Small business owners have a decision to make when it comes to Vacation Pay. As delightful as vacations can be, the complexities of vacation payroll can sometimes leave you wishing for a vacation […]

Unless you’re us, or an accountant, you probably don’t get too enthusiastic about payroll topics. Well, today that’s all about to change with our 5 craziest payroll rules of the past! Over the years, employees have been paid in strange ways, and we’ve compiled a list of the craziest ones complete with beer, clay tablets […]

In the 1950s, checks were a really popular payment instrument with about 28 million checks being written daily. But as consumer preferences moved towards electronic payments that allowed them to pay for point-of-sale purchases faster, the popularity of checks started to plummet. According to the recent Direct Deposit and Check Statistics report, released by the […]

Saturday at 7 am, before you wake up your kids, you take a sip of your morning coffee, open your laptop and pay all your household bills online. It takes about five to ten minutes. And you could do it anywhere and anytime, from the comfort of your home. However, at work, twice a month, […]