Remove training gross-wages
article thumbnail

What is Payroll – A Comprehensive Guide, Definition, Processes & Solutions

Qandle

Payroll refers to the process by which employers calculate and distribute compensation to their employees for the work they have completed. It involves various tasks, including calculating wages, withholding taxes and other deductions, and ensuring that employees receive their net pay. Check out the Best 10 HR Software.

Payroll 105
article thumbnail

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. Employers must add imputed income to an employee’s gross wages to accurately withhold employment taxes. Because employers treat imputed wages as income, you must tax imputed income unless an employee is exempt.

Payroll 46
article thumbnail

Paycor vs. ADP Workforce Now: Which is right for your needs?

Business Management Daily

Both are extremely popular tools for payroll processing , benefits administration , and general HR management, but they’re not the same. Payroll is bundled with HR and compliance features with ADP, even in its more basic pricing plans. Paycor is one of the most popular payroll software solutions today, especially among SMBs.

Payroll 52