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The Certified Payroll Professional Corner

ThomsonReuters

The Spring 2022 Certified Payroll Professional (CPP) exam testing period ended a few weeks ago on April 16, 2022. Thoughts and tips from a payroll pro. Recently, the Checkpoint payroll editorial team had the pleasure to ask American Payroll Association (APA) Board of Directors member James Paille, CPP, some questions about the exam.

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Payroll Taxes for an Employer: How Is Payroll Tax Calculated?

Snyder

Payroll taxes can be daunting for employers to calculate and pay. With the numerous tax laws, regulations and compliance requirements, employers are required to be up-to-date on the latest regulations to ensure they’re making accurate and timely payroll tax payments. So how is payroll tax calculated?

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Tips for Outsourcing Your Payroll

DuctTapeMarketing

Tips for Outsourcing Your Payroll. Tips for Outsourcing Your Payroll. For small business owners, managing payroll can be a costly endeavor. If you’re beginning to feel out of your depth with internal payroll management, it may be time to consider outsourcing the process. John Jantsch Speaking. Contact Us Contact Our Team.

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How Do I Pay Myself and My Taxes as a Sole Proprietor?

xendoo

Businesses are created because business owners have a passion that needs to be pursued. Payroll , however, is most likely not their passion. Yet, every business owner faces the unique challenge of figuring out how to pay themselves. How do taxes factor in? Tax filing is simplified too! Where to Begin?

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Payroll Taxes vs. Income Taxes | What’s the Difference Between Payroll and Income Tax?

LyfeAccounting

I mean…there’s federal taxes, state taxes, sales taxes, Medicare taxes, social security, unemployment, and so on. As a business owner, understanding how to navigate taxes can be extremely overwhelming. To start, I didn’t know what forms I needed to fill-out. What are Income Taxes?

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“Future of Payroll Survey” Says No Time Like the Present to Look Ahead for Keeping Up With Industry Trend

ThomsonReuters

Director of Product Management at Ceridian, about her company’s global survey collaboration with national and global payroll associations that aims to chart what’s ahead for payroll professionals. . in partnership with the American Payroll Association (APA) and the Global Payroll Management Institute (GPMI).

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How to Pay Yourself in an S-Corporation | What is Reasonable Compensation?

LyfeAccounting

According to the IRS, you need to pay yourself a reasonable salary. Well, it’s a thing because by paying yourself a very low salary in an S-Corporation, you are effectively lowering the amount of taxes you pay. An S-Corporation is a tax entity. We like to think of it as a tax status. Like, why is this a thing?