The APA's latest newsletter discusses possible changes regarding tipped employees' cash minimum wage. If implemented, these changes would increase tipped employees' cash minimum wage from $2.13 per hour to $3.75 per hour. Please see the below publication pertaining to "Working for Adequate Gains for Employment in Services Act" (WAGES Act)
Did you remember to report your 2011 SUI rate to your Account Manager? Were you aware that your state unemployment tax rate may change from year to year? Each year, your state employment security commission mails your annual tax rate to your place of business. It is crucial that you forward your rate each year to your Account Manager either by mail, email, or fax. If we do not have the correct rate in the system, you could be over or underpaying your unemployment tax. If you have not forwarded your rate to us yet, please make sure you do [...]
Times are tough. As a business owner, would eliminating a large down payment for your workers’ compensation insurance interest you? You know how important it is to manage cash flow on a day-to-day basis and that’s not always easy when you have to come up with a down payment that may be as much as 25% of the premium for your workers compensation policy. Good News, DirectPay Payroll Services AND The Hartford have a solution! XactPAY® allows you to pay your Hartford Workers’ Compensation premium based on actual payrolls and one payroll period at a time. Your cash flow won’t [...]
Not sure if your new worker and Independent Contractor or an employee? The IRS has very particular guidelines when making this decision. Please see the below information posted on IRS website: (http://www.irs.gov/businesses/small/article/0,,id=99921,00.html) It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors. Generally, you must withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid to an employee. You do not generally have to withhold or pay any taxes on payments to independent contractors. Select the Scenario that Applies to You: I am an [...]
Were you aware that your state unemployment tax rate may change from year to year? Each year, your state employment security commission mails your annual tax rate to your place of business. It is crucial that you forward your rate each year to your Account Manager either by mail, email, or fax. If we do not have the correct rate in the system, you could be over or underpaying your unemployment tax. If you have not forwarded your rate to us yet, please make sure you do so before your last payroll of the quarter. Our system will automatically make [...]
Checks and direct deposits cannot be dated for Monday. Likewise, ACH files cannot be processed on Monday. This means we will require an extra day for payroll processing. Direct Deposits dated for Tuesday February 22nd will need to be reported before 3pm today. Direct Deposits dated for Wednesday February 23rd will need to be reported before 3pm on Friday. If you have any questions, please feel free to call your Account Manager at (704) 921-2730 or send an email to payroll@directpaypayroll.com
Did you know that in addition to our regular payroll and tax filing services, we also offer a myriad of other services? For example, did you know that you could manage your employee’s information as well as key your payroll online through our Online Employer product? In addition to Online Employer we also offer: Employee Self Service (ESS): A secure and easy resource for your employees to manage their personal information as well as view their pay stubs and W-2s. Time & Attendance Solutions: Time tracking hardware and software to suit your payroll tracking needs. WebGL: Why manually key your [...]
- Fair Labor Standards Act Advisor The Fair Labor Standards Act (FLSA) Advisor provides employers and employees with the information they need to understand Federal The Fair Labor Standards Act (FLSA) Advisor provides employers and employees with the information they need to understand Federal minimum wage, overtime, child labor and recordkeeping requirements. The child labor section answers questions from youth, parents, teachers and employers about Federal child labor rules. This Advisor was developed by the Wage and Hour Division of the Employment Standards Administration. When you start the FLSA Advisor, you will be given a brief explanation of what the [...]
If you have received your W-2 form from your employer, the Better Business Bureau has a warning for you about a new identity theft scam involving emails from the “IRS” that the BBB has not seen before. This new scam is “phishing” for your W-2 form information. The BBB wants you to know the red flags that immediately signal scams: • The IRS is NOT going to email you. They will send you a letter if they need more information from you. This also applies to your bank, the FBI or your credit cards. None of these companies or agencies [...]
