How FICA Tax and Withholding Tax Work
Category: taxEvery payday, part of your employees’ paychecks is withheld and paid to the government. In the case of Social Security and Medicare taxes, you pay …
Every payday, part of your employees’ paychecks is withheld and paid to the government. In the case of Social Security and Medicare taxes, you pay …
Payroll fraud can be difficult to detect. Employees can steal money from your company through your payroll system. Instances last an average of 36 months …
Continue reading “3 Ways Your Small Business Can Fight Payrolling Fraud”
Employees are a key part of business success. You need them to get your company off the ground and keep it smoothly running. One of …
The true cost of an employee goes beyond just salary. Calculating your labor rates involves examining variables such as the industry you’re in, type and …
Workers’ compensation is state-mandated insurance that protects your business when an employee gets sick or injured on the job. They receive benefits to cover medical …
The human asset is the top asset for any company. In the ever-changing business world, your human assets are what set you apart from your …
Continue reading “5 Reasons People Are Your Company’s Most Valuable Asset”
Thanks to the Department of Labor’s (DOL) new overtime rule, 1.3 million more Americans will be eligible for overtime pay starting in January 2020. Since …
Continue reading “How the New DOL Overtime Laws Will Impact Your Payroll”
With the new year upon us, it’s time to review your business. Find out which successes you achieved in the past year, which setbacks occurred …
Continue reading “10 New Year Tips for Every Small Business”
Before closing out 2019 and making big plans for 2020, you need to take a look at how your company did this year in meeting …
Continue reading “Have You Met Your Year-End Goals? Let’s Evaluate.”
As a business owner, your plate is constantly full. Since revenue generation needs to be your primary focus, you must delegate other responsibilities in order …
Continue reading “9 Items You Can Take Off Your Plate, Thanks to Red River Payroll”
As a business owner, you’re all about finding ways to save time or money. It’s even better when you can save on both at once. …
Continue reading “How to Save Time and Money in One Simple Step…”
It’s that time of year again! Time to finish out one year of payroll and get ready for the next. To help with the process, …
Continue reading “6 Things You Must Know for Year-End W-2 Compliance”
If your company hired independent contractors and paid them more than $600 in business-related payments, then you’ll need to prepare and issue an IRS Form …
Continue reading “How to Prepare 1099s for Independent Contractors”
In addition to tax planning, December is the time to complete year-end payroll tasks and prepare for the new payroll year. With the amount of …
Continue reading “5 End-of-Year Payroll Tax Tips for Employers”
As a leader in your company, you want to create a solid team. Having a devoted group of employees leads to increased engagement, greater productivity …
Continue reading “Create a Loyal Workforce with These 3 Tips”
Payroll is a necessary part of your business. It’s how you reward your employees for their hard work. However, keeping up with payroll is both …
Continue reading “How to Make Payroll Easier for Your Employees”
Technology is impacting every industry. Timekeeping and payroll are no exceptions. Evolving technology makes timekeeping for payroll easier than ever. Pay close attention to these …
Continue reading “Top Technologies to Impact Timekeeping in 2019”
Saving time, money and the environment are among the reasons why your business should automate payroll. Although your employees may be averse to change or …
Continue reading “The Time Is Now… How to Make Your Payroll Paperless”
Payroll is a required part of your business. Providing a regular paycheck is one way you reward and retain employees. This is one reason why …
Continue reading “3 Reasons Outsourcing Your Payroll Benefits You”
Are you prepared with the right payroll and income taxes? What is the difference between each tax and who will actually end up paying the …
Continue reading “Payroll Withholding – Do you have the right tax calculated?”