Mr.Mark Schwartz

In 2021, The IRS significantly changed one of the simplest in all of payroll – the W4. The W4 is used by employees to tell employers how much FIT and SIT to withhold from their paychecks. The old form simply stated marital status and number of exemptions claim ...

Although the rules on exempt vs non-exempt employees have changed a few times in the past 10 years, overtime worked is, and has always been, overtime earned. THERE ARE NO EXCEPTIONS. But 1.5 time a worker’s hourly rate of pay is just the start of calculating o ...

Year-end payroll is the careful review and verification of your financial information from the fourth quarter of the calendar year through the first quarter of the following year. Businesses are responsible for year-end payroll tasks related to employee paymen ...

The W2 is one of the most familiar forms in all of payroll. It is how we are introduced to tax filing season after our first job. As employees, we were already over the shock of gross vs net pay. As we became professionals, we were introduced to a variety of w ...

Paying your employees final paycheck is more confusing than it seems. Although Federal law has broad regulations you have to comply with, States have the most rules, and they differ widely. Failure to accurately and completely pay what your worker is due can b ...

1099s report payments made to non-employee service providers, as well as payments to suppliers and other entities you do business with. Think of your own organization:  Can you name all the types of service providers you use?  Do you know which payments are ...

There are many different types of pay instruments, from checks to cash. All have pros and cons for you company. Additionally, the pay period that you choose for your staff can promote goodwill, or lead to bad feelings. Therefore, choosing the right one for you ...

Although the rules on exempt vs non-exempt employees have changed a few times in the past 10 years, overtime worked is, and has always been, overtime earned. THERE ARE NO EXCEPTIONS. But 1.5 time a worker’s hourly rate of pay is just the start of calculating o ...

Overtime laws in California are quite unique compared to everywhere else in the United States. In fact, they are so comprehensive and stringent, they can catch even the most diligent employers off guard. But getting overtime pay wrong is more than just inconv ...

In 2021, The IRS significantly changed one of the simplest in all of payroll – the W4. The W4 is used by employees to tell employers how much FIT and SIT to withhold from their paychecks. The old form simply stated marital status and number of exemptions claim ...