Sep 27, 2018 | GTM Business Blog isolved
While online payroll accounts are certainly convenient for both employers and employees, they are also the target of cybercriminals. The Internet Crime Complaint Center (IC3), a division of the FBI, has been receiving reports of payroll accounts being compromised, and...
Aug 24, 2018 | GTM Business Blog isolved
Employer W-2 notices from the Social Security Administration (SSA) will start being sent in the spring of 2019. These are Employer Correction Request Notices (also known as Educational Correspondence or “EDCOR” notices), and all employers that file W-2...
Aug 6, 2018 | GTM Business Blog isolved
Payroll processing involves far more than merely tracking employee hours and cutting checks. Payroll affects your standing with the IRS. It puts you at risk for Fair Labor Standards Act (FLSA) violations. Errors can increase labor costs and lower employee morale and...
May 17, 2018 | GTM Business Blog isolved
Do your employees understand the info on their paychecks? Paychecks contain a lot of data and some of it is confusing. Have you ever looked at a paycheck and wondered, what is FICA and why is it keeping so much of my money? Here is a brief overview of how to read...
Apr 25, 2018 | GTM Business Blog isolved
The rules around tip pooling have been mired in litigation since 2011, when regulations came into effect that forbid tip pooling between employees who customarily receive tips and those who do not. The recently passed federal budget bill has created clarity by...
Mar 12, 2018 | GTM Business Blog isolved
Payroll is a critical aspect in running your business and retaining happy employees. There are many aspects to a payroll service, so it’s important to know the key elements to focus on when looking to outsource your payroll. Small businesses usually have a...