1099-etc Blogs

Payroll Info

Let’s get serious about Payroll Taxes

1. Payroll taxes are essential to businesses with employees. No matter how you look at it, there is no exception for unpaid payroll taxes. If ...
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Payroll Info

What determines if you are a bi-weekly or monthly payroll depositor?

One of the many payroll obligations an employer has is the requirement to make payroll tax deposits. A bi-weekly payroll depositor — or a monthly ...
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Employees

Seasonal Workers

What defines a Seasonal Worker? There are times when a business needs to hire workers on a seasonal or part-time basis. For example, some businesses ...
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Employees

What is a 1042-S?

IRS Form 1042-S has a couple of clear purposes for small businesses. You must submit the form to report: Amounts paid to foreign persons Amounts ...
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Employees

What is a Household Employee?

A household employee is determined as an individual who is paid to provide a service within a residence. These types of service providers include: Babysitters ...
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Payroll Info

The Facts About Overtime

The definition of overtime is the additional compensation paid to an hourly employee who works more than 40 hours in a work week.  Federal law ...
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FICA

FICA and how to calculate

FICA is composed of two taxes: Social Security and Medicare.   Social Security Social Security is calculated by multiplying an employee’s taxable wages by 6.2%. ...
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Payroll Info

Payroll Solutions Talk

Technology is moving forward and most people are “right-here-right-now” kind of consumers. We all want what we want when we want it. When running a ...
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1099 W2 Forms

What Are the E-Filing Deadlines for W-2 and 1099 forms?

One of the advantages of e-filing is that, in most cases, you actually have longer to file your W-2 and 1099 type forms. When W-2 ...
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Payroll Info

What if you make a mistake filing your 941?

Form 941 records payroll tax liability and deposits. The form is filed quarterly in accordance with the Internal Revenue Service’s laws and regulations. The IRS ...
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Payroll Info

Let’s Visit After-The-Fact Payroll

What exactly is After-The-Fact payroll? After-The-Fact means that after the payroll is issued, the values are then recorded for compliance reporting and other purposes. Taxes ...
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Company

What is 1099-Etc Payroll Software?

1099-etc Payroll Software has paved the path to simplified payroll tax preparation and e-filing! 1099-etc Payroll Software is YOUR solution if you want an all-inclusive ...
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Company

More interesting facts about taxes

In 1989, the IRS E-File pilot project included 36 states with 1.1 million returns filed. In 1990, E-File went nationwide with 4.2 million returns filed! ...
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Employees

Classification of ‘Exempt’ and ‘Non-Exempt’ employee

Employers must classify an employee’s job as either Exempt or Non-Exempt as required by The Fair Labor Standards Act (FLSA). The good news is, it ...
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Employees

What is an Agricultural Employee?

According to the U.S. Department of Labor, Agriculture includes farming in all its branches when performed by a farmer or on a farm as an ...
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Employees

As a Business Owner, Why Should I Use Direct Deposit?

You may ask yourself why use direct deposit for issuing checks to my employees. There are several reasons. The main reason a business may want ...
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Payroll Info

What is a Schedule B on Form 941?

The IRS Form 941 (Schedule B) is a tax form for the reporting of tax liability for semi-weekly pay schedules. The employer is required to ...
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1099 W2 Forms

Payments Requiring a 1099-MISC

If you’ve been doing side jobs or a little moonlighting in addition to your real job, you can look forward to getting one or more ...
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1099 W2 Forms

Receiving 1099s and Self-Employment

Self-employment comes with a lot of responsibility. There is somewhat of an “honor” system in place when it comes to reporting income. In many cases, ...
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Employees

Why Did My FUTA Liability Go Up at the End of the Year?

Just when you thought you were done paying FUTA tax on your employees for the year, your accountant tells you that you need to pay ...
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Payroll Info

Can Payroll Facts Be Fun? Maybe not fun, but interesting

Question Excerpt From National Payroll Week Q.1) When was National Payroll Week created? A. 1971 B. 1986 C. 1999 D. 1996 Q.2) How many states ...
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