Quarter End Reminder: 2nd Quarter 2013

We are rapidly approaching the end of 2nd Quarter 2013. The last day of processing for this quarter will be Friday, June 28, 2013. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 28th. Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have "APPLIED FOR" State and/or Unemployment ID numbers, please send them in ... Read more

Quarter End Reminder

We are rapidly approaching the end of 1st Quarter 2013. The last day of processing for this quarter will be Friday, March 29, 2013. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 29th. Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have "APPLIED FOR" State and/or Unemployment ID numbers, please send them in ... Read more

Martin Luther King Jr. Day Processing Information

***Reminder*** Banks are closed on Monday 1/21/13 in observance of Martin Luther King Jr. Day. If you date your checks for Monday, Tuesday, or Wednesday, this holiday will affect your processing. If you have not already made arrangements with your account manager, just give us a call or email. (704) 921-2730 payroll@directpaypayroll.com Read more

IR-2012-95: 2013 Standard Mileage Rates Up 1 Cent per Mile for Business, Medical and Moving

WASHINGTON — The Internal Revenue Service today issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56.5 cents per mile for business miles driven 24 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations The rate for business ... Read more

Super Size Your Social Security Benefits!

  What are the best ways to maximize your Social Security benefits? The Social Security Administration doesn't give case-specific advice to individuals, so it's up to the individual worker to know the rules and do the proper research. For example, writing on the Bankrate.com website, Jennie L. Phipps describes some keys to getting the most out of Social Security: (1) Wait a while. At age 70, the monthly benefit is 76 percent higher than it would be at age 62 and 32 percent higher ... Read more

Bi-Weekly VS Semi-Monthly Payroll. Complicated?

Every decision counts…..and when it comes to running a business there are tons! An important payroll question is when and how to pay employees. Commonly employers will pay bi-weekly, meaning every two weeks or semi-monthly, which is different – employees are paid on predetermined dates two times every month. Let’s take a look at the differences. When employees are paid on a bi-weekly system they receive 26 paychecks per year. On a semi-monthly system they receive 24; however, bi-weekly checks are smaller ... Read more

Quarter End Reminder – 2nd Quarter 2012

We are rapidly approaching the end of 2nd Quarter 2012. The last day of processing for this quarter will be Friday, June 29, 2012. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 29th. Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have "APPLIED FOR" State and/or Unemployment ID numbers, please send them in ... Read more

DirectPay Proudly Announces DirectHR for Small Business

DirectHR! A Better Way to Manage Your HR Functions  DirectHR Basic Program   Available 24 hours a day, 7 days a week, you can access the online HR Support Center for all of your HR needs. Resources include: Employee Handbook: Downloadable and customizable. Policy Library: Library of standard business policies. State and Federal Laws: Written in easy to understand terms. HR Forms: Library of business, state and federal forms. 3-Minute HR Audit: Assess the effectiveness of your HR functions. eAlerts: Instant notification for important law updates. HR Checklists: Checklists to help organize business ... Read more

Social Security Wage Base Increase Predicted for 2013

After a three year long hiatus without an increase to the Social Security wage base, 2012 saw an increase of 3.1% increasing the 2012 wage base to $110,000 from $106,800. In 2009 the Social Security wage base jumped up 4.7% from the 2008 Social Security wage base of $102,000 to $106,800. Although the wage base of $106,800 held steady for three years, the next few years predict a steady increase in the Social Security wage base. Informal projections will likely bring ... Read more

What kind of employment taxes can you expect for your new employee?

As an employer, you are required to pay certain employer only payroll taxes. Social Security/FICA, although lowered to 4.2% for the employee portion, remains at 6.2% for the employers match up to the first $110,100 in wages for 2012. Also required is a 1.45% Medicare match with no salary cap. FUTA must be calculated at a rate of 0.6% for the first $7,000 in wages. However, keep in mind, if your state falls in a credit reduction state for the year, ... Read more
Page 2 of 2012345...1020...Last »