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payroll mistakes

What to Do if You’ve Accidentally Overpaid an Employee

November 14, 2016 | posted by Abacus Payroll
Abacus Payroll Overpaid employee paycheck
Of all the acceptable mistakes one can make, those involving numbers and other people’s money rank highest in the “oops” category. Payroll mistakes are actually quite common, with around a third of employers making noticeable errors in their calculations; thankfully, the process is entirely reversible. Here is a quick breakdown on what to do if […]
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Payroll and Penalties

October 3, 2016 | posted by Abacus Payroll
Avoid IRS penalties and fees for late or inaccurate payroll
As tax season makes its annual debut, it’s important to review your payroll procedures in order to ensure the most accurate reporting possible, as late or inaccurate payroll submissions are often met with swift and devastating penalties from the IRS. You can avoid payroll tax penalties altogether by paying your dues on time and in […]
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5 Common Payroll Mistakes Business Owners Make

November 10, 2015 | posted by Abacus Payroll
5 Common Payroll Mistakes
Statistics reveal that nearly 40 percent of small businesses experience an average of $845 a year in IRS penalties due to preventable payroll processing or tax management mistakes. Not surprisingly, many of those errors result from small mishaps and minor mistakes that add up to very expensive issues. Here are some of the most frequent […]
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Outsource payroll: Top 4 things to Consider

May 28, 2014 | posted by Ren Cicalese
gsida
Consider These Four Key Areas When Making Your Decision to Outsource Payroll. Ask almost any business owner and they’ll agree there simply aren’t enough hours in the day to manage daily business operations, customers, employees and still actually do the work you’re in business to do.  One way to tackle the overload is to outsource […]
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