If you run payroll, you’re responsible for paying employer payroll tax annually. And while all tax forms need to be filed as accurately as possible, employer payroll tax forms should be completed with the utmost level of accuracy. In order to properly check all the right boxes, let’s answer some common employer payroll tax questions.
Doing your own payroll, even if it’s for just one employee, usually comes with a lot of work and headaches. This is why payroll service providers have come up with ways to help make the life of payroll managers much easier. Because there are a lot of rules, laws, calculations, and other things to know, using online payroll processing services to run payroll makes more sense, since they do most of the work for you. But how do you know which payroll service is the best option for your company?
HR professionals, accountants, and payroll employees are often looking to simplify the complicated process of running payroll. Businesses and organizations of all sizes can benefit from monitoring payroll analytics, tax reports, and deduction information to effectively balance the books. But what’s the best way to easily track and identify payroll metrics? The answer: payroll reports.
With modern employees working remotely and on multiple devices nowadays, the need for increased cybersecurity is more prevalent than ever. Unprotected computers are easy targets for cybercrime, and make companies vulnerable to security breaches and hacks by cybercriminals. The risk of a security breach could be detrimental to the prosperity of a business and the digital health of its employees.
There are two classifications of employees: exempt and non-exempt. An exempt employee is not entitled to overtime pay by the Fair Labor Standards Act (FLSA), even if it takes 55 hours to finish their weekly workload. Exempt employees must earn a minimum of $455 per week. Non-exempt employees are protected by FLSA regulations and are paid overtime. Regardless if they’re paid hourly or a salary, they must be paid at least the federal minimum wage.
Are you responsible for running payroll for a Michigan-based business? If so, you know the stress and headaches that come with it. As a payroll manager, your job is to stay up to date with local legislation and other regulatory requirements in order to stay compliant, as well as running payroll accurately and in a timely manner.
Fall is here in Michigan. Pumpkins are on porches and the air feels crisper, cooler, and filled with the scents of autumn. As the days get shorter and colder, spring feels like a long way off, and with it, the promise of a large tax return. But it’s never too early to examine where your payroll taxes go and what they’re used for.
In today’s modern workplace it may come as a surprise that some employers choose to manually calculate time cards. Most HR and payroll professionals utilize an online payroll platform to process hours’ worked, but in the off-chance that they’re calculating time and attendance manually, there’s a few rules they need to follow for legal compliance. We’ll outline the most important rules to follow when calculating time cards manually and discuss how an automated system saves you countless hours and needless headaches.
There are many misconceptions behind outsourcing payroll that small business owners, in particular, tend to have. It makes sense; when you’re working on a limited budget, you have to make necessary sacrifices and put in a lot more manual work than those Fortune 500 companies that can use a software for pretty much every aspect of running their business. However, I’m here today to shed some light on these misconceptions and tell you a little about why I believe almost every business would benefit from payroll outsourcing.
The world of payroll and HR processes can be complicated. The fields of payroll and HR are jam-packed with data, compliance laws, and tax regulations. Thankfully, today’s modern payroll and HR employee has powerful tools at their disposal to help with these complications. That’s where Payroll SaaS comes in.
Running Michigan payroll can be a complicated affair. From withholding taxes, submitting the right payroll documents, and settling on a payroll schedule, there is a lot to manage. Fortunately, Dominion is here for you! We’ll outline the essential payroll documents you need to ensure accurate and compliant Michigan payroll.
Are you considering starting your own business in Michigan? Understanding your tax obligations and preparing taxes can be confusing and complicated, especially for someone who hasn’t had any training for it. If returns are neglected or filed improperly, you may be fined by the IRS. It is always a good idea to consult a tax adviser or accountant to help you understand and prepare your returns. At Dominion, we make sure that your local, state, and federal taxes are paid on time, every time. Our Tax Team is only a call or email away and is always willing to help you find the answers you are looking for. In this blog you will find useful information that will help you understand everything you need to know about Michigan payroll taxes and Michigan payroll processing for your new business.
Like every other employee in his company, Sameer Juan had been waiting for this day. It’s payday! Every business owner and company know that their employees look forward to it. For Juan, this third pay slip is supposed to include all the expenses that he had incurred in the previous month. There were medical bills, traveling expenses, and a one-night stay at a three-star hotel in LA, all of which are supposed to be reimbursed in this month.
Establishing a reliable payroll system may seem like a simple HR issue, but it can cause a major disaster if you don’t approach it correctly. There are dozens of examples where brand new payroll systems failed to deliver the expected results, causing some severe damage to the local governments.
If you want to avoid the payroll system mistakes, you better make sure to understand how it really functions. Here are the top three tips for stress-free implementation:
When it comes to paying your employees, there are many rules and regulations to keep in mind in order to stay in compliance with the Fair Labor Standards Act (FLSA). Chances are, you’re aware of all the statues that regulate wages, overtime pay, and other similar ideas. However, not everything is quite as clearly defined as these, and there is a lot of gray areas that payroll professionals struggle to understand. And, as if this isn’t confusing enough, these guidelines have a tendency to vary somewhat from state to state. As a Michigan-based payroll and HR software company, we at Dominion have all the resources you need to break down some of these regulations in order to make sure you’re ready to process payroll and avoid any fines and penalties that might sneak up on you.
As a payroll software company, we have a few primary objectives here at Dominion Systems: offer the most intuitive payroll software available, keep pricing as affordable as possible for our clients, and above all else, ensure all sensitive information held within our servers is kept as secure as possible. We manage all of these objectives by having a team of dedicated employees that are constantly working to keep us ahead of the curve. For instance, we’ve recently made the decision to switch to pressure seal forms in order to improve the efficiency of our check delivery and increase the protection of confidential information.
Now, if you are not using our Time & Attendance system, we do have an entire Leave Management tool that I'd like to show you here real quick. I'm going to log out as Julie Andrews. I'm going to log in as Jane Doe. Jane Doe is my company admin. As we log in here, I'm going to move over to my Company tab and go to Leave Management and this is where I have the ability to run reports and check statuses and approve leave time for my employees. Now, if supervisors have access to the system, they will only see their employees, whichever employees they're attached to or whichever departments are assigned to them.
Good morning Everyone and welcome to today's presentation on Dominion System’s Time Off software. My name is Claire Manz and I’m your product strategist here at Dominion. For those of you who don't know me, I hope I can meet you soon. Today I'd like to walk you guys through a couple of the different sections of our Time Off platform. We have an employee side that I'd like to start with so we can get a feel for what the employee can do, how they can request their own time off, how they can manage their own time from that portal through our Employee Self Service section of our system, but then also how either an administrator or a supervisor has access to manage their employees time and approve that time and manage the employee time from the supervisor or administration side. It's very simple to use and I'm very excited for those of you who don't have this piece to be able to utilize it.
Tips and Tools Every HR Professional Should Know About:
Recruiting | Applicant Tracking System
Retention | Onboarding Software
Payroll | Online Payroll Software
Time & Attendance | Time & Attendance Software
Did you just open a new business? Perhaps you just started a new role at a company in the HR department. Whatever the case may be, it is a known fact that any HR role comes with a lot of stress and time-consuming tasks such as recruiting, onboarding, compensating employees, approving time off requests, maintaining policies and records, ensuring compliance, handling employee concerns and so on. All these tasks are important and there is no way around them, but luckily, there are ways to make those tasks easier and streamline your processes.
Running a restaurant or bar is time-consuming, demanding and stressful. What if I told you a payroll and HR software can simplify your everyday HR tasks? I am in the marketing department at Dominion Systems, a payroll and HR SaaS (Software as a Service) company, but I also have about 10 years of experience working in the food and beverage industry. I’ve worked at multiple restaurant locations and received multiple promotions enabling me to work in different departments ranging from front of house positions, to marketing manager, to floor manager, allowing me to see many aspects of what goes into running a restaurant. I wanted to put my experience from both industries together to bring you value, which is why I’m going to share how a payroll and HR software can be valuable to your company in the food and beverage industry.
I spend a lot of time preaching about the importance of Payroll and HR Software in the business world. After all, most businesses would certainly benefit from a seamless connection between their payroll, time and attendance, and hr software. However, the total cost of it all is simply too much to expect for many businesses, so it becomes necessary to pick and choose the features you best feel would benefit you. That being said, there is often a difference in opinion between who will benefit most from the software and who makes the final decision.
Staying compliant is an important part of any business, no matter the size. Because your HR department deals with a variety of issues on a daily basis, staying compliant becomes a bigger responsibility for them in particular. Being aware of the most common compliance issues allows your HR department to prevent any problems if your company were to get audited. There are specific guidelines and regulations that your HR staff should follow in order to stay compliant such as the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act, the Uniform Services Employment and Reemployment Rights Act, Federal Civil Rights, and so on.
What do you know about job costing? Payroll software has many fundamental features that benefit most organizations, yet there are features that your payroll provider probably has, that you might not be aware of, that can assist and help you reach your organization's goals. What’s more, they might come at no additional charge. Whether you’re satisfied with your current payroll and HR software provider or shopping around, I strongly suggest learning more about the valuable secondary features offered, such as Job Costing, Group Scheduling, and Report Scheduling to name a couple. I’m here to share more about job costing and help you decide if it would be a beneficial feature for your organization.
The following is a transcription from a recent demo we did that covers your General Ledger. Not in the mood for reading? Watch the full demo for free here!
Good afternoon everyone. Welcome to today's presentation on your General Ledger (GL). My name is Claire, I'm your Product Strategist here at Dominion Systems. Today I want to go through some of the different tools that we have in terms of helping you manage your General Ledger entries and the reporting capabilities that we have within our system. I will start off by saying I am not an accountant, so keep that in mind as we progress with this demo. We’re not going to necessarily cover the accounting aspect of your General Ledger, but rather the reporting and the tools that we have and also to make sure you are aware that we have certain features within our system that can help you connect and export all of that data within the payroll world. This will help you manage your accounting software and the data within that platform as efficiently as possible.
It’s payday and you get a worried call or email from one of your employees. He says he checked his bank account and he wasn’t paid. He then tells you that he needs to pay his bills and that he lives paycheck to paycheck. How do you investigate and resolve this? A great way to minimize payroll errors is by using a single-source online solution like Dominion Systems. With Dominion, you have your payroll, time and attendance, and other HR processes streamlined together on the same platform. An all-in-one payroll solution improves accuracy, cuts dual-entry and makes your time spent on payroll more efficient. Enable your employees to fill out their direct deposit in the online Employee Self Service Onboarding process to minimize errors. In the 2017 “Getting Paid In America” survey, 93.74% received their pay via direct deposit. It’s no surprise this number is very high and as any payroll professional knows, mistakes happen and you need to be prepared for when they do. It becomes important to resolve the problem as quickly and efficiently as possible. Here are a few tips to help troubleshoot a missing direct deposit payment.
It’s payday and you get a worried call or email from one of your employees. He says he checked his bank account and he wasn’t paid. He then tells you that he needs to pay his bills and that he lives paycheck to paycheck. How do you investigate and resolve this? A great way to minimize payroll errors is by using a single-source online solution like Dominion Systems. With Dominion, you have your payroll, time and attendance, and other HR processes streamlined together on the same platform. An all-in-one payroll solution improves accuracy, cuts dual-entry and makes your time spent on payroll more efficient. Enable your employees to fill out their direct deposit in the online Employee Self Service Onboarding process to minimize errors. In the 2017 “Getting Paid In America” survey, 93.74% received their pay via direct deposit. It’s no surprise this number is very high and as any payroll professional knows, mistakes happen and you need to be prepared for when they do. It becomes important to resolve the problem as quickly and efficiently as possible. Here are a few tips, specific for Dominion Clients, to help troubleshoot a missing direct deposit payment.
Whether you are starting your own business or you’re simply thinking about making changes to your current payroll structure, choosing a pay frequency is very important and you should do it carefully. There are four main pay frequencies: weekly, biweekly, semi-monthly, and monthly. Some pay frequencies are better for certain purposes than others, which is why it is important to know and understand the pros and cons of each before making a decision. There is no federal law that requires a certain frequency, but each state regulates this individually.
Choosing the right payroll provider isn’t easy. You’re shopping with hopes of staying loyal to the company for a long time so you won’t have to go through this process again. You know the software needs to have the right features to help you simplify your payroll and HR tasks while providing the best customer support. It’s been cold here in West Michigan, specifically 20° in mid-March. Conveniently, you don’t need to go outside to shop for payroll and time and attendance software. You’re able to shop right from your desk, or if you’re feeling fun-- your couch. The following are things you should look for in quality software providers to efficiently handle your payroll and HR processes.
Dominion hosted a live Employee Self Service software demo January 24, 2018. Claire Manz, Dominion’s Product Strategist, presented on Dominion’s Employee Self Service platform. I broke the transcript down into 3 parts. Below is part 3. By reading these transcripts or watching the live demo, you will learn how to empower your employees by conveniently giving them access to their personal information such as their pay stubs and W-2, enroll in benefits during open enrollment, as well as access other useful resources. Part 1 goes over the shortcuts that are on the employee's main page. You can find the part 1 transcript here. Part 2 shares information regarding the Profile tab, the Reports tab, and the Time & Attendance tab. You can find the part 2 transcript here. Part 3 below shares information about the Applicant Tracking and Benefits tabs, questions from clients, as well as how Dominion's Onboarding software is conveniently integrated with our Employee Self Service product. Giving your employees an Employee Self Service portal allows you to focus your time on more important payroll and HR tasks. Keep reading to learn about Applicant Tracking, Benefits, as well as how our individual software products integrate together!
If you’re new to the payroll industry or have recently started working with a company that has employees who are not U.S. citizens, it is important to know that there are a number of things you have to remember in regards to income tax withholdings. The first thing you’ll want to do is identify all non-citizens on your company's payroll and divide those people into residents and non-residents. You can find instructions on how to do this by using the Internal Revenue Code Section 7701(b) or by a tax treaty.