Patriot Software » Payroll
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Check out the latest payroll and accounting tips, training, and news. Patriot Software provides accounting and payroll Software to help small businesses in the USA keep their time and money.
Patriot Software » Payroll
1M ago
Does this sound familiar? You ask an employee to run a few errands for the office. They end up with a $10.79 coffee shop bill, $56.99 at the office supply store, and $25.28 at a local pizza joint. Sure, you plan to repay them. But how much do you know about employee expense reimbursement? Receipt […]
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Patriot Software » Payroll
1M ago
Eighteen percent of businesses pay employees semimonthly. If you use semimonthly pay periods and have nonexempt employees who work overtime, read on. We’ll break down calculating overtime for semimonthly pay periods (complete with examples!). What is a semimonthly pay period? Semimonthly pay is a type of pay frequency where employers pay employees twice per month. […]
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Patriot Software » Payroll
1M ago
Are you a new employer in the Commonwealth of Massachusetts? Do you plan on offering your employees paid sick leave? If the answer is no, it’s time to reassess. Most employers must provide Massachusetts paid sick leave under state law. Read on to learn key facts about the state law, including: Massachusetts paid sick leave […]
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Patriot Software » Payroll
2M ago
Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider. However, plans are most effective when they help employees save for […]
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Patriot Software » Payroll
2M ago
You have your time card management down to a science. Employees fill them out, you approve them, and boom! You send them off to payroll, and your job is done. But what happens when an employee makes a mistake? Can employers change time cards? Or is it illegal for an employer to change time cards? […]
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Patriot Software » Payroll
2M ago
Employee benefits beef up your compensation package. They can make or break your ability to hire and retain employees. For the most part, you can choose what to offer employees. But, there are several mandatory benefits you can’t afford to ignore. You not only need to stay competitive but also compliant. Read on to learn […]
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Patriot Software » Payroll
2M ago
All employers are responsible for reporting employee wage and tax information to the IRS. Many employers use Form 941 to report this information each quarter. But, some eligible small business owners use Form 944 to report wages and taxes annually instead. Are you one of them? If so, you need to learn how to fill […]
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Patriot Software » Payroll
2M ago
Are you an employer in West Virginia? If so, you might have heard about House Bill 2526, a 2023 law that significantly cut individual income tax rates. As a result, your West Virginia income tax withholding might look a little different. In this article, we’ll go over: What compensation is subject to withholding? Employers are […]
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Patriot Software » Payroll
3M ago
Seven out of 10 Americans aren’t fans of changing the clocks at the start and end of daylight saving time (DST). And if you have employees who work the graveyard shift, you might not like the payroll issues that come with DST. So, how does daylight savings time work when employees are on the clock? […]
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Patriot Software » Payroll
3M ago
Have you heard about the Service Industry Tip Compliance Agreement program, otherwise known as SITCA? On February 6, the IRS released a proposed revenue procedure—Notice 2023-13—establishing SITCA. Learn what it is and why it matters to service industry employers. Background: Tip reporting If you’re an employer in the service industry, you likely have tipped employees, […]
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