An employer's contribution rate is the rate an employer applies to its taxable payroll to determine the amount of unemployment taxes that must be paid. This rate is determined by the employer's "experience rating" which is based on the employer's unemployment benefit charges and average annual taxable payroll. In general, the experience rating generally rewards employers with low employee turnover. States use one of four methods to determine an employer’s experience rate: reserve ratio (used by the majority of states), benefit ratio, benefit wage ratio, and payroll stabilization. Reserve Ratio =     Unemloyment taxes paid – Benefits Charged _______________________Average Taxable Payroll [...]

General Ledger Interface DirectPay’s QuickBooks Interface provides you—or your accountant—online access to payroll data with every payroll. You instantly save time, reduce errors, and increase flexibility with the General Ledger Reporting tools available though Online Employer. Benefits of DirectPay’s WebGL QuickBooks Interface include: Wizards guide you through a one time set up to map your accounts to your payroll. Flexible solution to chart total net pay or each paycheck. Distribute payroll expenses to multiple accounts and/or departments. Improves accuracy – no double data entry. Direct online access by your accountant or auditor. After each payroll, we will instantly generate a [...]

Can you believe the 15th of the month is already on Friday? A lot of Semi-Monthly and Monthly paychecks will fall on this date. Please make sure you report your payroll data to your Account Manager no later than 3pm today in order for us to process your direct deposits in a timely manner. Did you know that you can call, fax, email, or even key your own payroll online? If you are interested in a different method than your current payroll reporting method, just give your Account Manager a call at (704) 921-2730 or send an email to payroll@directpaypayroll.com

Did you know that the IRS recently introduced a new mobile phone application? The IRS2Go phone app gives people a convenient way of checking on their federal refund. The phone app is currently available to Apple iPhone users as well as Android users. Apple users can download the app by visiting the Apple App store, while Android users can visit the Android Marketplace to download the free IRS2Go app. The following information has been provided by the IRS regarding IRS2Go: IRS Goes Mobile With IRS2Go IRS has launched IRS2Go, a smartphone application that lets you interact with the IRS using [...]

Every year, many people are surprised by how much they owe the IRS or by the amount being refunded. There are many factors that will define your tax situation as the year progresses. One area to consider is whether or not the correct amount of income tax withholding is being deducted from compensation. With each pay check received, employees should verify that their exemptions are correct. Exemption status will always appear on the employees pay notification. To verify whether or not a new W-4 should be completed to adjust 2011 income tax withholding, please check out the IRS’s 2011 version [...]

DirectPay Payroll Services now offers Employee Self Service. This utility offers your employees the ability to view their pay data securely online. Employees are able to view and print pay stubs as well as W-2s. The amount of requests employers receive for W-2 and pay stub reprints can become time consuming and counterproductive. Additionally, your employees usually expect their W-2/pay stub requests immediately. With Employee Self Service, the employee will have access to their information 24 hours a day, even prior years! The Employee-Self Service module is a valuable tool designed to help you manage your workforce effectively and efficiently. [...]

March, 2011 Dear Client: We are swiftly approaching the end of another quarter. The last day of processing for this quarter will be Thursday, March 31, 2011. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager later than 1:00pm on the 31st.  Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have “APPLIED FOR” State and Unemployment ID numbers, please send them in as soon as you receive them. We will discontinue processing for this quarter at 1:00pm on [...]

http://www.youtube.com/watch?v=f_qtjeJusro

Countless organizations seem to struggle when distinguishing between Exempt and Non-Exempt employees, and rightfully so. The rules pertaining to exempt and non-exempt status are complex and rather confusing. Hopefully the below summary will provide helpful. Please keep in mind that the below information is a general outline. If you need further guidance regarding your employee’s status under FLSA (Fair Labor Standards Act) guidelines, please contact the US Department of Labor for clarification at 1-866-4-USWAGE. Administrative Employees: To qualify as exempt under FLSA guidelines, all of the following conditions must be met: The employee’s primary duty must be the performance of [...]

March, 2011 Dear Client: We are swiftly approaching the end of another quarter. The last day of processing for this quarter will be Thursday, March 31, 2011. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager later than 1:00pm on the 31st.  Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have “APPLIED FOR” State and Unemployment ID numbers, please send them in as soon as you receive them. We will discontinue processing for this quarter at 1:00pm on [...]