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Tag: Payroll


Business Law & Regulations, Employment & Labor

Construction Contractors and Certified Payroll Reports Under Massachusetts Prevailing Wage Law

January 4, 2024

Via: National Law Review

Under the Massachusetts prevailing wage law (and most prevailing wage laws around the country), construction contractors performing construction on state-funded construction projects are required to pay employees the prevailing wages set by the state for work on the project. In […]


Business Law & Regulations, Finance

Payroll in Hawaii: Everything Employers Need to Know

March 14, 2023

Via: Fit Small Business

Processing payroll in Hawaii requires you to register for an Employee Identification Number (EIN) with the IRS. You’ll need to register with the Hawaii Department of Taxation and Department of Labor & Industrial Relations for withholding and unemployment accounts. While […]


Business Law & Regulations, Finance

How To Do Payroll in the Philippines: Ultimate Guide

August 4, 2022

Via: Fit Small Business

Handling payroll in the Philippines is a bit different from doing payroll in the US. For instance, one big difference is that every US employee has a Social Security number, which is used to track the employee’s wages and tax […]


Business Law & Regulations, Employment & Labor

How To Hire a Payroll Specialist or Manager in 6 Simple Steps

June 22, 2022

Via: Fit Small Business

Payroll professionals—be it a specialist or a manager—handle your company’s payroll and ensure your employees are paid correctly and on time. They work closely with your accounting and human resources (HR) teams to ensure tax remittances are correctly processed and […]


Business Law & Regulations, Finance

CosmoLex Review: Features and Pricing 2022

April 6, 2022

Via: Fit Small Business

We recommend CosmoLex for lawyers and law firms wanting a single solution to manage their legal practice and accounting instead of having to work with QuickBooks or any other bookkeeping program. CosmoLex claims to be the only legal practice management […]


Business Law & Regulations, Finance

TriNet Zenefits Review: Is It Right for Your Business in 2022?

March 29, 2022

Via: Fit Small Business

Launched in 2013, TriNet Zenefits started out as a product to manage insurance and employee benefits in a single platform, and then grew from there. Now, its core product is HR, but you can buy payroll as an add-on. It […]


Business Law & Regulations, Employment & Labor

What Is a Payroll Advance? Everything Employers Should Know

March 25, 2022

Via: Fit Small Business

A payroll advance is a short-term loan that employees repay with future wages earned. Giving your workers a payroll advance simply means offering them early access to their paychecks (generally due to an unforeseen event), with agreed-upon conditions. It’s important […]


Business Law & Regulations, Finance

Best Payroll Software for Nonprofits in 2022

December 7, 2021

Via: Fit Small Business

As a nonprofit organization, finding a payroll software can sometimes be challenging. While on the hunt for the best fit, it’s important that you look for a provider that has the features you’ll need, like full-service tax filings and quick […]


Business Law & Regulations, Finance

Payroll in Idaho: Everything Business Owners Need to Know

October 26, 2021

Via: Fit Small Business

Paying employees in Idaho is a much simpler process than you’ll find in many other states. There are no local taxes, no paid vacation requirements, and overtime/minimum wage requirements are in line with federal regulations. You will want to make […]


Business Law & Regulations, Finance

15 Tips for Managing Payroll Effectively

October 8, 2021

Via: Fit Small Business

Payroll management is a system for processing employee paychecks (salaries, bonuses, deductions), complying with labor laws, and maintaining adequate documentation. It’s important that businesses learn tips for managing payroll effectively because it directly affects their financial health. In 2020, the […]


Business Law & Regulations, Finance

How to Do Payroll in North Dakota

September 30, 2021

Via: Fit Small Business

North Dakota is one of the simpler states in which to do payroll as it is a pro-employer state. It does not have a lot of state-specific payroll laws and typically follows federal guidelines. North Dakota does have a state […]


Business Law & Regulations, Finance

How to Do Payroll in Utah: What Every Employer Needs to Know

August 31, 2021

Via: Fit Small Business

Doing payroll in Utah is more straightforward than in many states. Utah has a flat income tax, making it easy to compute the amounts you need to withhold from employee paychecks; however, it also has some specific HR laws you […]


Business Law & Regulations, Finance

Payroll in South Carolina: Everything Employers Need to Know

August 27, 2021

Via: Fit Small Business

South Carolina is one of the simplest states to process payroll in as most of its regulations are in line with federal labor laws. You’ll be required to have an employee identification number and register with the South Carolina revenue […]


Business Law & Regulations, Finance

How to Do Payroll in Minnesota

August 26, 2021

Via: Fit Small Business

Minnesota’s income tax withholdings are complex, with special taxes for entertainers, a different rate for supplemental pay, and more. It also varies rates according to the portion of salary for which you’re calculating taxes, with part of a salary (the […]


Business Law & Regulations, Finance

How to Do Payroll in Illinois

August 19, 2021

Via: Fit Small Business

Illinois has state income taxes, with reciprocity agreements with nearby states to let employees pay income taxes for the state they reside in. The wage and labor laws closely follow federal regulations. We’ll cover how to complete payroll in Illinois, […]


Business Law & Regulations, Finance

How to Do Payroll in Tennessee: What Every Employer Needs to Know

August 17, 2021

Via: Fit Small Business

Learning how to do payroll in Tennessee is pretty simple compared to those states that have established their own specific regulations and taxes. Tennessee does not have income taxes or any local taxes, and in return, no state W-4 tax […]


Business Law & Regulations, Finance

How to Do Payroll in Washington, D.C.

August 13, 2021

Via: Fit Small Business

Setting up your payroll in Washington, D.C., is fairly easy and follows general federal guidelines. You will be required to obtain a federal Employee Identification Number (EIN), state tax and Unemployment ID and register for an employment services number. You […]


Business Law & Regulations, Finance

How to Do Payroll in Alabama: What Every Employer Needs to Know

August 3, 2021

Via: Fit Small Business

Processing payroll and calculating Alabama payroll taxes is mostly straightforward, though there are some nuances to pay attention to when running payroll. Alabama levies local taxes in some areas that can impact Alabama payroll tax calculations. With only one state […]


Business Law & Regulations, Finance

Understanding FICA Tax: What It Is and How to Calculate It

July 20, 2021

Via: Fit Small Business

FICA (Federal Insurance Contributions Act) is a federal payroll tax on the paychecks of employees, as well as mandated contributions from employers to fund the Social Security and Medicare programs. Both employees and employers are responsible for paying 6.2% of […]


Business Law & Regulations, Finance

How to Do Payroll in North Carolina

July 19, 2021

Via: Fit Small Business

Payroll in North Carolina is pretty straightforward and follows general federal guidelines, requiring you to secure a Federal Employee Identification Number, NC Withholding Identification Number, and register for unemployment tax. However, there are still several labor law regulations that must […]