nonprofit payroll requirements

Nonprofit payroll requirements: Best practices

Nonprofit payroll requirements: Best Practices Easily the biggest challenge of running a nonprofit is trying to do more with less, to make limited resources stretch further. Following all the nonprofit payroll requirements, laws and regulations is challenging. This is no different for companies with dedicated payroll and HR staff. Most nonprofits have to make due […]

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How to terminate an employee properly

How to terminate employees

How to Terminate an Employee Properly Have you ever wondered what the best practices to terminate an employee properly are? Well, having to terminate an employee is the lowest of the low psychologically; but doing it properly is a challenge in itself.Some managers would choose to go through an audit, or digitizing dusty paper records […]

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Retirement plans

Best Alternatives to 401(k)

Retirement Plans: Best Alternatives to a 401(k)In most companies, the standard and most common of all retirement plans is the 401(k) Plan. But not every company, especially small companies, freelancers and self employed persons have access or the resources to offer a 401(k) plan. In fact, statistics show that 31% of the US households do not […]

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Employee Details

Completing Form W-2 & Box 12 Codes

Completing Form W-2 and Box 12 CodesThis article focuses on completing form W-2 and box 12 codes. Preparing W-2 forms for filing with the Social Security Administration can be tricky. This article will help:Employer seeking to fill out the forms correctly.Employee needing further information on how to fill their income tax forms (1040 tax returns) Completing […]

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1099 Filing Services by AccuPay. payroll tax filing

Employee vs. Independent Contractor

Employee Vs Independent ContractorThe difference between an employee vs independent contractor can be confusing. It is important for business owners to know if the people providing services are employees or independent contractors (also referred to as self-employed). This is because businesses have to withhold income taxes, Social Security, and Medicare from employee’s checks.  They also […]

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