payroll basics Archives - Page 3 of 3

Wage Garnishments: What You Need to Know

October 12, 2015 | posted by Abacus Payroll

What you need to know about Wage Garnishments

If you own a company or manage employees, chances are good that you’ve heard of wage garnishments. A wage garnishment is when a court order authorizes an entity to hold a certain percentage of an employee’s paycheck. An organization or individual to whom the employee owes a debt then receives that portion. Essentially, the idea […]

Small Business Payroll: Compensation of Terminated Employees

September 22, 2015 | posted by Abacus Payroll

If you’re a small business owner facing the decision to let an employee go, make sure you are aware of the proper way to handle their compensation, benefits, and other payroll matters. The laws surrounding the compensation of terminated employees are tricky business. Laws vary widely between states, federal guidelines don’t exist in […]

What Your Small Business Needs to Know about Hiring an Intern

August 26, 2015 | posted by Abacus Payroll

As a small business owner, labor costs likely account for one of the largest portions of your profit, so finding ways to get around that investment always sounds appealing. Does hiring an unpaid intern seem like a great way to do just that? The problem is, without meeting the qualifications the Fair Labor Standards Act […]

Worker Classification for New Jersey Employers Now as Easy as A-B-C

July 8, 2015 | posted by Mike Engleman, CPA

New Jersey Employers: Familiarize yourself with the A-B-C criteria to avoid worker misclassification tax and payroll issues down the line.

Fighting Small Business Payroll Fraud

June 23, 2015 | posted by Abacus Payroll

Even the smallest acts of internal theft can add up to a big problem for your business. Be aware of the most common approaches to fraud so you can put a plan in place to combat it and safeguard your company’s finances.

Pros and Cons of Paying Your Employees with Pay Cards

May 15, 2015 | posted by Adrienne M. Onorato

There’s not a one-size-fits-all payment program appropriate for all organizations. Learn about the pay card alternative and if it would be a welcome offering to your small business employees.

Small Business Payroll: Setting employee pay

January 21, 2015 | posted by Abacus Payroll

Bringing on a new employee and not sure how much you should pay them? Abacus Payroll’s Owen Hoxie explains how small businesses can approach employee pay structures.

Independent Contractor or Employee?

December 1, 2014 | posted by Julie Strohlein, CPA

What are the differences between independent contractors and employees? Improperly classifying workers as independent contractors when they are actually employees can create a myriad of problems with various federal and state agencies. Employment taxes due to both the IRS and the state governments are a primary concern, but there may also be insurance or labor […]

Payroll Tips for Hiring Temporary Workers

May 28, 2014 | posted by Abacus Payroll

What to keep in mind when hiring temporary workers Holidays and seasonal changes can affect your payroll size so make sure you stay on top of your employer duties year-round . Just as retailers hire more help before the winter holidays, tourist attractions ramp up staff to prepare for the summer months, and farmers man their […]