What You Need to Know About IRS Mileage Rate Changes for 2025
If you use your car for business, you’ll be able to take a slightly bigger deduction based on the mileage you use…not much, but every penny counts, right?
A Quick 101 About IRS Form W-2
Form W-2 is one of the most common tax documents used by the IRS for U.S. taxpayers, and one of the most important for both employers and employees. For your reference (and for any staff member who may inquire), here’s a quick rundown of what the form is and how it works:
Four Payroll Pain Points and How to Solve Them With Advanced Processor Solutions
Payroll solutions are essential for businesses aiming to streamline operations and avoid common administrative challenges. By addressing issues like manual errors, compliance risks, and security threats, advanced payroll solutions ensure efficiency, accuracy, and cost-effectiveness for organizations.
Thinking of Moving to an Automated Time and Attendance Solution? Now’s the Time!
If you’re considering implementing a time and attendance system or solution but haven’t officially made the move yet, you are not alone. Recent reports claim that somewhere between 25% to 38% of U.S. businesses still calculate payroll manually through systems such as paper timesheets, timecards, punch cards.
Calculating Overtime and PTO: How to Avoid the Payroll Pitfalls (and Penalties)
Calculating overtime and PTO correctly is essential to maintain employee satisfaction, comply with the Fair Labor Standards Act (FLSA), and avoid hefty penalties. This guide explains the step-by-step process for calculating overtime and PTO under the FLSA and how Accu Data payroll processing services help businesses avoid these pitfalls by keeping them up to date with payroll regulations and best practices.
How to Streamline Your Payroll and HR Processes
Managing Payroll and HR involves multiple complex tasks, including compliance, onboarding, and employee data management. Without the right tools, these processes can become overwhelming and lead to bottlenecks, miscommunication, and errors that slow operations and hurt productivity. Leveraging modern technology is essential for businesses that want to stay competitive.
How Will SECURE 2.0 Affect How to Complete Your Forms W-2?
The SECURE 2.0 Act brings important updates to retirement plans, which can affect how employers report on Forms W-2. To help navigate these changes, the IRS has issued a fact sheet highlighting key provisions that may impact reporting.
Running a Pre-Employment Background Check? Here’s What You Need to Know.
Pre-employment background checks are a crucial step in the hiring process, helping employers make informed decisions while staying compliant with legal obligations. Understanding what you can investigate and how to navigate regulations ensures a smooth hiring process.
Employee Self-Service Options to Improve Employee Engagement (and Business Operations)
Implementing effective Employee Self Service Options can significantly boost employee engagement and streamline business operations. By providing employees with a user-friendly platform to manage their own HR tasks, companies can foster a sense of autonomy and trust, leading to increased productivity and reduced turnover.
What the New Changes to Federal Overtime Regulations Mean for Your Business
In April 2024, the Department of Labor (DOL) issued a new Federal Overtime Regulations rule, significantly altering the “white-collar” exemptions and impacting businesses nationwide. This article covers what these changes mean for your business and how to ensure compliance.