Taxes

Employees Submitting a New W-4

Employees submitting a new W-4 can do so any time they have changes. Often, they’ll submit a new form when they know they’ll be changing exemptions, adjustments, deductions, or credits on their return. For example, an employee may want to increase their withholding by decreasing the number of dependents they claim. Or they might want to add dependents to decrease the amount withheld. Life events such as marriage, divorce,...

7.5 minutes a week can save your company

If you are letting your staff pay themselves and  handle all pay raises, as well as handle all bonuses for your company for years on end they are going to overpay themselves and possibly others. The business owner must review payroll data periodically but on a per pay basis would be preferable. To review payroll doesn’t mean run the math on the gross to net , to verify health...