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. Unless specifically noted, payments that are excludable from the regular rate may not be credited towards overtime compensation due under the FLSA. Gross ups. Adding it all up.

payroll 85

payroll income tax Tax Start-ups 85

ThomsonReuters

JULY 1, 2022

In a previous edition of the Certified Payroll Professional (CPP) Corner, we talked about gross ups. Gross ups. In Payroll Guide ¶4115 , we discuss the IRS’s formula for completing a gross up. Here’s how such a gross up would look: Step 1. Previous question.

payroll 83

payroll income tax Tax Legal 83

ThomsonReuters

JANUARY 14, 2022

The top payroll related searches for 2021. Payroll practitioners and employers alike continue to be challenged by the unique issues that COVID-19 has imposed on payroll administration. Payroll on Checkpoint has analyzed the searches of our subscribers to create this Top 20 list of topics in the forefront in 2021.

payroll 94

payroll payroll tax Tax Education 94

Snyder

FEBRUARY 12, 2023

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? Contents: 1.

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payroll tax payroll Tax income tax 52

LyfeAccounting

JUNE 11, 2021

How to pay yourself in an S-Corporation? So read till the end to learn the rules and stipulations regarding how to pay yourself in an S-Corporation. In today’s post, we are going to fully explain how to pay yourself in an S-Corporation. With that said, how should you pay yourself as an S-Corporation?

Non-Profits 52

Non-Profits payroll Tax payroll tax 52

LyfeAccounting

FEBRUARY 4, 2021

And you can choose which period to use and match it up with your payroll which is called the alternative covered period. Over the course of 2020, the rules related to PPP forgiveness application have changed. Some revisions have made the process easier for businesses with smaller loan amounts. For loans of $150,000 or less.

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payroll Tax small business accounting accounting and finance 52

Ronika Khanna CPA,CA

JUNE 30, 2023

As an accountant and small business financial consultant, one of the most common areas of confusion and questions by small business corporation owners revolves around how to pay themselves and if one way is preferable to another. How does CPP and EI work with salary and dividends? What are the reporting requirements for salary?

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tax return Non-Profits income tax Tax 52