• The HR Specialist - Print Newsletter
  • HR Specialist: Employment Law
  • The HR Weekly

Payroll

To B or not to B: Tips for handling B Notices

08/06/2012

It’s no secret that a large contributor to the tax gap—the difference between the taxes that are paid and the taxes that are owed—are independent ­contractors who don’t have taxes withheld from their payments. B Notices, properly called CP 2100/2100A notices, which require payers to backup withhold, are a key tax collection tool.

Clear the decks now for year-end Payroll processes

08/03/2012

As the hot, sticky air of summer clears out, now is the time for you and your employees to do some clearing out of your own. The payoff: A smoother year-end Payroll ­process.

Should we withhold child support from payments to contractor?

08/02/2012

Question: Our company contracts with an employee who quit and started his own business. We know he had a child support withholding order in place and that the order remains in effect. Must we continue to withhold child support?

The summer doldrums don’t have to get you down

08/02/2012
August is a slog. Forget the heat and humidity by organizing your Payroll tasks for the next four months.

What’s the timing on E-Verify case files?

08/01/2012

Question: If employees don’t have List A, B or C documents and must use replacement receipts to verify their identify and work eligibility, when can the employer create a case file in E-Verify?

What are the options for verifying employees’ names/SSNs?

08/01/2012

Question: We verify employees’ names and Social Security numbers through the telephone number employer verification service (TNEV) and the paper option. Are these methods still available?

IRS provides sample Sec. 83(b) election form

08/01/2012

Payroll usually doesn’t withhold income and FICA taxes from employees who receive restricted stock until the restriction lapses and the stock vests. Under Section 83(b), however, employees can opt to have taxes withheld currently, long before the restriction lapses. The IRS has now provided sample language for an 83(b) election.

How can we stop the clock on off-the-clock work?

07/30/2012

How can an employer reduce its exposure to claims for off-the-clock work if employees use their own electronic devices for business purposes?

Could your time records withstand scrutiny?

07/27/2012

If you can’t show your time records are accurate, lawsuits claiming unpaid over­­time can get costly. That’s because—absent reliable employer records—courts will let employees fill in the timekeeping details. Make sure your records are easily ex­­plained and tamper-proof.

Everything you wanted to know about corporate taxes (but didn’t know how to ask)

07/26/2012
Payroll expense is a usually a company’s largest deductible expense. That’s a huge impact on the bottom line. But there’s a world of difference between payroll and corporate taxes, according to consultant Gretchen Inouye, CPP.