Jun 27, 2024 | Payroll & Taxes, Tax Credits
By using the Work Opportunity Tax Credit (WOTC), employers can save money on their income or payroll taxes. To qualify, you just have to give employees a short questionnaire. Then, the employee must get WOTC-certified by your State Workforce Agency (SWA). Through the...
Jun 14, 2024 | Payroll & Taxes, Tax Articles, Uncategorized
Effective payroll tax management is crucial for large enterprises to ensure compliance, avoid penalties, and maintain smooth financial operations. Proper payroll tax management involves staying updated on tax laws, accurately classifying employees, implementing...
Mar 20, 2024 | Payroll & Taxes
Unless you want a surprise notification from the Internal Revenue Service (IRS), it’s important to file all of your taxes on time. If you don’t file before the due date, you may need to request an abatement from the IRS. Fortunately, you can always remit your taxes...
Jan 2, 2024 | Payroll & Taxes
The IRS requires each employee to have a properly completed W-4 form on file with their employer. Both employees and employers have compliance requirements to understand Form W-4. Many businesses choose to partner with a trusted payroll company like Asure for help...
Nov 27, 2023 | Payroll & Taxes, Payroll Taxes, Uncategorized
Payroll taxes play a significant role in both the financial lives of employees and the operations of employers. This comprehensive guide breaks down what payroll taxes are, who pays them, and how they are used to fund various government programs. As an employer,...
Dec 3, 2020 | Payroll, Payroll & Taxes
This year has been tough and many will be glad to ring in the New Year for 2021. There are substantial changes to year-end payroll and tax reporting employers need to know about in order to close the books on the year 2020. As we look back to January, we began the...