How Rounding Works in Payroll and Overtime
For the longest time, why anyone would use rounding in payroll calculations was beyond me. Since rounding is meant to even out in the end, what is the point? I don’t like …
For the longest time, why anyone would use rounding in payroll calculations was beyond me. Since rounding is meant to even out in the end, what is the point? I don’t like …
Calculating overtime according to California labor laws is so complicated, it practically takes an accounting degree to get it right. It’s probably not something you want to do by hand, unless you …
Most companies can choose which payroll schedule they want to use, depending on the state in which they operate (check here for more info: payday frequency requirements by state). Four options are …
Contributed by Julie Morris Though it’s still a few months away, you’re probably already starting to feel some anxiety about tax time. Adding one more thing to a busy business owner’s to …
A workweek has different meanings depending on who you talk to so it’s no surprise that business owners can get a little lost on the topic. The common definition differs from the …
Have you ever run payroll and found that your cost is much higher than expected? In some industries, like dental offices, for example, payroll costs should be consistent. If your same five …
Contributed by Jeff Watson Everyone feels the impact of tax time, but small businesses especially feel the stress when looking to save money and maximize deductions and credits to help their bottom …
Business owners are experts at running their business. But they probably are not trained in payroll and they probably haven’t studied federal and state wage and hour laws. This leaves room for …
You can’t do business without calculations and one could argue that you can’t do business without calculators – after all, where would you get the time to run your business if you …
Double time rules seem complicated because we hear a lot about it from many different places. Some companies offer double time for holidays, but that’s just a benefit, not a law. Some …
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