In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...
If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...
Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is just ...
As a business owner, you’re responsible for ensuring every employee is paid correctly and on time. However, payroll discrepancies or mistakes can happen, often as a result of errors in calculating an ...
The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...
Learn how to accurately calculate bonus pay and taxes to ensure you comply with tax regulations and provide accurate compensation to employees. Bonuses can be an excellent tool to incentivize and ...
When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...
If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...