Mr.Mark Schwartz

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 lots of ways to reward workers other than wages. Smart businesses understand the two-way importance of helping employees out with things like education, commute help, health and wellness, etc. The IRS also recognizes the economically stabilizing resu ...

Employee expense reimbursements that aren't handled accurately can wind up being disallowed as expenses , or even considered as compensation by the IRS. If this happens, your company is on the hook for paying the associated payroll taxes - costing you more mo ...

There are a myriad of state and federal legislative requirements for payroll and human resource recordkeeping. Thankfully, in the digital age, most if not all of the data is kept by companies in one form or another. The challenge is to have it available when ...

With the furious pace of regulation changes, it is most important that policy and procedure manuals keep up with them. This can ensure that staff and management perform payroll operations effectively and efficiently. We will discuss the logical reasons for kee ...

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 ...

From an employer's perspective, the rules can get complicated. Not withholding what we should has major consequences - as does deducting what we can't. If you have an organization of any size, you need to understand more than just federal and state tax withhol ...

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 ...

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 ...

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 ...