HR Lineup

MAY 2, 2023

Zimyo is a leading HR and payroll management software company that provides businesses with cloud-based software solutions to manage their human resources and payroll functions. The payroll software is designed to be easy to use, accurate, and compliant with all applicable laws and regulations.

Payroll Manager 52

Payroll Manager Payroll Software Payroll Human Resources 52

Benefit Resource Inc.

AUGUST 6, 2021

Download our full infographic below to learn about the actual cost of a free HSA: Despite a steady increase in consumer demand for health savings accounts, employers—even those that already offer an HSA-eligible high-deductible health plan—may struggle to see the value in offering an employer-sponsored HSA program. Cost #1: Show Me the Money.

401(k) 76

401(k) Health Savings Account Deductions Deductible 76

Benefit Resource Inc.

MARCH 20, 2019

Households released in May 2018. The tax savings. It will help you save on taxes and on health expenses. An HSA is a tax-free benefit. The money comes out of your paycheck before taxes, similar to a 401(k) and health insurance. Because your gross income (your income before taxes) is reduced, you pay less in taxes.

401(k) 85

401(k) Deductions Deductible Health Savings Account 85

Business Management Daily

JANUARY 6, 2020

Payroll has moved to center stage at the IRS. Most deal with implementing the Tax Cuts and Jobs Act: Guidance on the definition of “qualifying relative” for individual income tax purposes. Employees may account for tax dependents in Step 3 of the 2020 W-4. Regulations on deducting employees’ meal expenses.

401(k) 52

401(k) Family and Medical Leave Act Deductions Deductible 52

Stratus.HR

FEBRUARY 23, 2021

The IRS will then calculate your filing status based on the standard deduction for your filing status and tax rate. If you write in anything beyond your name and basic information, it will be an actual dollar amount to claim dependents or other adjustments from the standard deduction. Where do I write my allowances?

Taxes 54

Taxes Deductions Deductible Payroll Service 54

Workers' Compensation Perspectives

SEPTEMBER 30, 2019

“Payroll” used to have a simple meaning. According to the Online Etymology Dictionary: payroll (n.) For workers’ compensation, payroll can have different meanings depending on your jurisdiction and whether you are a worker or an employer. Rules in different jurisdiction may use different terms to describe or define payroll.

Workers’ Compensation 52

Workers’ Compensation Payroll IT Overtime 52

Business Management Daily

SEPTEMBER 10, 2019

You can look at this one of two ways: Yes, it can track your progress toward tax equilibrium (neither owing nor being owed a refund next year) or, it can track how far you’ve gotten before you just give up and do what you’ve always done—just guess at your tax liability and hope you haven’t underpaid your taxes this year.

Deductions 45

Deductions Deductible Taxes Pension 45

Workers' Compensation Perspectives

OCTOBER 29, 2019

A December 2018 slip and fall in a wet stairwell of her employer’s office building resulted in a back injury and a cracked rib. The formula for calculating net or spendable earnings may vary but is generally considered as Gross earnings less income taxes (state/federal/provincial) and other mandatory deductions. Burton, Jr.,

Workers’ Compensation 52

Workers’ Compensation Salary Insurance Commissions 52

Business Management Daily

OCTOBER 5, 2020

This was done in response to the federal tax code from the Tax Cuts and Jobs Act, which was passed in 2018. Tax credits. Deductions. Employees can still choose an additional amount to withhold per payroll period, for any reason. Is the new W-4 better? A 2 income household. Other income. This did not change.

Employment 52

Employment Payroll Deductions Deductible 52

Corporate Synergies

AUGUST 19, 2019

From 2008 to 2018, the total amount deposited in HSAs rose from $5.3 1 That number is projected to keep growing as more employers offer high-deductible health plans (HDHPs) with HSAs. Retained HSA assets have increased modestly—from 18% to 24% between 2017 to 2018—but the average HSA balance was just $2,144 in 2018.

Employment 40

Employment Health Savings Account Banking Deductions 40

Benefit Resource Inc.

JANUARY 15, 2019

Compliance is possible through several means, one of which is providing pre-tax commuter benefits to employees through payroll deductions. The ordinance does not apply to government entities and tax-exempt organizations. The Senate of NJ passed Bill S1656 on September 27, 2018. Because your city could be next. (Or,

Deductions 40

Deductions Deductible Transportation Taxes 40

Ascender

FEBRUARY 9, 2017

Single Touch Payroll (Australia). In September , the Single Touch Payroll system received Royal Assent, meaning it’s time to begin preparing your systems for a new and more efficient reporting process for tax and superannuation information. Employers can begin switching over to Single Touch Payroll from 1 July 2017.

Parental Leave 49

Parental Leave Taxes Payroll System Payroll 49

Business Management Daily

OCTOBER 22, 2020

Carl’s 2018 W-4 indicates he’s married, but wants his employer to withhold at the higher single rate. The rationale: Completing this step helps offset the full basic standard deduction that’s incorporated into the percentage method withholding tables. Accounting for estimated taxes. the value of three withholding allowances).

Taxes 52

Taxes Deductions Deductible Employment 52

Benefits Notes

MARCH 31, 2021

The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. The subsidy is tax-free to the individual receiving the subsidy. Tax Credit. Below is a summary of the ARPA’s COBRA subsidy provisions.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40

Workers' Compensation Perspectives

AUGUST 22, 2019

The private category also had the lowest worker paid benefit per $100 payroll and the lowest employer cost per $100 payroll. Some states allow for employer deductibles, effectively a form of self-insurance. Note: there are no similar employer deductibles in Canada]. There are other employer costs.

Workers’ Compensation 52

Workers’ Compensation Insurance Payroll Medical 52

AssuredPartners

MARCH 8, 2017

So, the tax exclusion for employer-provided plans remains in place. Here are Eight Key Provisions of the newly released plans: Cadillac Tax delayed until 2025. The challenge to repeal the Cadillac Tax will continue. While this plan delays the Cadillac Tax from 2020 to 2025. Repeal and Replace of Health Related Tax Policy.

Out of Pocket Cost 40

Out of Pocket Cost Health Savings Account Taxes Insurance 40

Genesis HR Solutions

AUGUST 9, 2018

Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. per hour worked in March 2018. Deductions must be set up in payroll and carrier invoices must be paid each month. How much of an employee’s salary is made up of benefits.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40

cipHR

SEPTEMBER 3, 2018

As well as making life easier for HR and payroll teams, employees also appreciate the benefits of having instant access to their pay records online. Instead of looking through paper records for confirmation of their pay, they’ll just need to log into their self-service HR account to check details of pay, tax and deductions.

warehousing 61

warehousing Electronics Deductions Deductible 61

PeopleStrategy

NOVEMBER 12, 2019

In comparison, in 2013, the agency conducted approximately 3,000 audits which was the single-year record until 2018, according to The Associated Press. Payroll compliance checks. Then you must handle similar tasks for any contract employees you have on your staff.

Overtime 56

Overtime Payroll Employee Enrollments Deductions 56