Can Payroll Software Handle Garnishments and Wage Attachments?

Yes, the best and most comprehensive payroll software can properly handle garnishments and wage attachments. Some payroll software provides built-in features for payroll garnishment. You can usually automate your garnishments and wage attachments once you properly set up the system. Look for a payroll vendor that offers its users a variety of functions to meet […]

Can Payroll Software Handle Different State and Local Tax Requirements?

Yes, but do not take geo-location software tools for granted. All software providers offer different tools and features for their products. One payroll software does not necessarily handle the same state and local tax requirements as another option. Ask upfront questions to a payroll provider to ensure that any potential software provides coverage in the […]

How Secure is Payroll Software at Protecting Sensitive Employee Data?

Payroll software offers users the security that they look for when investing in it. Payroll vendors have differing priorities for how their product protects your sensitive employee data. Look for a vendor that provides transparency in how they protect employee data. Take some steps on your end to ensure that you do all that you […]

Is Payroll Software Scalable for Businesses of Different Sizes?

Sometimes, which means that you should thoroughly research before you invest in your payroll software. Payroll software that works well for a small business does not inherently work well for a larger one, or vice versa. Consider the size range of your business. Invest in software that corresponds to your company’s current and projected growth […]

Can Payroll Software Handle Different Types of Compensation?

Yes, payroll software can handle a variety of compensation, such as commissions and bonuses. Issue your employees’ bonuses either as separate payments or by adding them to their regular paychecks. Commissions are slightly different. Consider commission plans, commission quotas, and taxes when you calculate the exact commission that your company must pay its employees. Do […]

What are the Benefits of Using Payroll Software?

Payroll management often comes with an initial learning curve, but employers can find specific benefits if they properly utilize payroll software. The benefits include, but are not limited to: Saving Time – Focus on management tasks without prioritizing one too much over the others. Rushing payroll can result in errors and taking too long can […]

How Do I Report Income from Employee Commissions on a W2 Form?

Report income from employees’ commissions in Box 1: Wages, Tips, and Other Compensation on a Form W2. File a copy of the completed W2 form with the Social Security Administration. Send a separate copy to the applicable employee so that they can manage their taxes. Enter an employee’s commission as their income on Form 941. […]

Is Payroll Software Compliant with Tax Regulations and Laws?

Yes, you should have no difficulty finding payroll software that lets you stay compliant with all tax regulations and laws. Do your research ahead of investing in any type of software. Some payroll programs may only offer payroll compliance in certain regions, states, or countries. Make sure that a vendor provides the necessary support in […]

Does Payroll Software Integrate with Accounting Software?

Sometimes, so make sure that you conduct thorough research before you invest in your payroll software. A fully-integrated payroll and accounting system comes with many obvious benefits for companies in the short and long term. Greater Efficiency – Avoid needing to enter manual payroll data into your accounting program. Fewer Mistakes – Eliminate the need […]

Does Payroll Software Calculate Taxes Automatically?

Yes, the best payroll software can automatically calculate your business’s taxes. There are more than a few moving parts when you first learn about payroll management and how to handle your employees’ payroll taxes. Save time by investing in payroll software that can handle both FICA and self-employment taxes. The Internal Revenue Service expects most […]