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SEC Charges ex-iPayments Executives With Million Dollar Scheme

PYMNTS

The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars through fake expense reimbursements, invoices that were inflated and other improper accounting tactics.

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How to Set Up Online Payroll for Your Small Business

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Not only do you have to calculate wages, but you must also account for employment taxes—income, Social Security and Medicare. Luckily, we’ve put together this guide on how to set up payroll, with some insider accountant tips to make it less painstaking for business owners. . For example, California requires meal and rest breaks.

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