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5 Unusual Payroll Issues That Need Resolving Fast (and How to Troubleshoot Them)

Hppy

Payroll problems can be a thorn in the side of any business, so it’s important to have a plan of action in place to either avoid them entirely, or remedy them as and when they arise. Make sure you understand how your system works, and don’t just trust it blindly. These are all incredibly important for accurate payroll processing.

Payroll 68
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Your October payroll questions answered

Business Management Daily

So before we turn our attention to post-season baseball, let’s sort through some pandemic-related payroll questions that have come to our attention. These reimbursements may also be excluded from their income for tax purposes. Can the company deduct the cost of this equipment from an employee’s final pay?

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Creative benefits offerings could cause tax headaches down the road

Business Management Daily

HR departments are more frequently offering expansive and creative new “lifestyle” benefits, which are being packaged along with health benefits during open enrollment and marketed to mostly work-from-home employees. How to think about taxes when you think about benefits. Here are four rules that will come in handy today.

Taxes 52
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Top 5 reasons to check your payslip

cipHR

CIPHR asked payroll expert Jon Lee for some pointers. As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. So, why should we?

Pension 98
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Your 2021 payroll questions answered

Business Management Daily

Payroll , even under normal circumstances, can be tricky. At times like that, you may need a little help from the experts. Below, we’ve answered some recent questions from readers on payroll topics in hopes of providing some of that expert insight. Paid leave tax credits for public employers. No, not really.

Payroll 52
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Returning to the office: If not now, never?

Business Management Daily

And after more than two-and-a-half years of remote work, the RTO thinking is: If not now, never. While the percentage of remote employees is certainly lower now than it was a year ago, those who are working from home seem dug in. In other words, have you created a nexus with these states? This is trickier.

401(k) 52
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Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans. People like HSAs in part because of their triple tax advantage. For plan years beginning in 2024, the minimum annual deductible is $1,600 for self-only coverage and $3,200 for family coverage.

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