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Payroll Calculation in Excel vs. Payroll Software: Which Is Better?

Qandle

Running payroll is a fundamental task for every business, large or small. Accurate and efficient payroll processing is not only essential for employee satisfaction but also for compliance with labor laws and tax regulations. How Do You Run a Payroll Process? What Are the Four Types of Payroll?

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What Is Imputed Income? | Payroll Definition and Examples

Patriot Software

As an employer, you are likely familiar with reporting regular wages and taxes withheld on Form W-2. Imputed income is adding value to cash or non-cash employee compensation to accurately withhold employment and income taxes. Employers must add imputed income to an employee’s gross wages to accurately withhold employment taxes.

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