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Last Week in Payroll: Keeping Up with Taxes

ThomsonReuters

The legislation levied a direct tax on the American Colonies in an effort to pay off debts and defend new American territories won from the French in the Seven Years’ War. Shortly thereafter, colonists raised the issue of taxation without representation in protest and within a year’s time the British government repealed the Stamp Act tax.

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Last Week in Payroll: Payroll in a Pandemic

ThomsonReuters

The first recorded use of the word “payroll” appeared around 1740 A.D. to describe the total amount of money paid to a business’s employees over a period of time. Over time, payroll has become much more than just paying wages to employees. Payroll in a Pandemic. Department of Labor, among other agencies.

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Last Week in Payroll: In Like a Lion; Out Like a Lamb

ThomsonReuters

In the early 1900s, automobile engineer Henry Ford made headlines for paying remuneration at two times the going hourly wage at the time – $5 per hour – to many of his employees. This makes a business’s payroll department very important since it is typically an employer’s greatest expense. In Like a Lion.

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