Xero

DECEMBER 6, 2022

As we near the end of the year and begin to wind down for the summer break, it’s a good time to make sure you’ve got your payroll sorted. We get asked lots of payroll questions around this time of year so here are the answers to the most common ones. How do I pay my employees all their holiday pay?

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ThomsonReuters

JULY 1, 2022

In our last edition of the Certified Payroll Professional ( CPP ) Corner , we talked about the regular rate calculation for overtime purposes. Regular rate of pay for overtime. The amount of overtime pay due to an employee is based on the employee’s regular rate of pay and the number of hours worked in a workweek.

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ThomsonReuters

FEBRUARY 9, 2022

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. This results in employers paying more in FUTA taxes. After checking into my hotel, I went for a walk to get a bite to eat. Virgin Islands.

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Shay CPA

JUNE 7, 2023

For starters, if your company is big enough, you might be subject to the Worker Adjustment and Retraining Notification Act (WARN) , which says that you need to give affected employees 60 days of notice. And, of course, you can’t forget about how your layoffs impact your books and payroll. And that was all just in November.

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ThomsonReuters

JULY 13, 2021

Generally, the payer does not withhold taxes from these types of payments, as it is assumed that the payee will report and pay taxes on this income when the federal income tax return is filed. Generally, the due date for Form 1099-NEC is January 31 (next business day if date falls on a weekend/holiday). Federal News.

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ThomsonReuters

JUNE 21, 2021

If employers do not pay these deferred Social Security taxes by these deadlines, penalties and interest will apply to any unpaid balance. Employers that deferred the employer and/or employee portion of Social Security tax should make careful note of the deferred tax deadlines and have a plan in place to pay these taxes. .

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ThomsonReuters

JANUARY 9, 2024

Jump to: How are C corporations taxed? How do C corps file taxes? How can C corporations reduce their taxes? How are C corporations taxed? When are C corp taxes due? But what does that mean for your taxes? But what does that mean for your taxes? This means that a C corp’s profits are effectively taxed twice.

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