TAG Alliances membership fortifies AAB’S US payroll arm's global network
AAB Payroll Inc, a leading provider of comprehensive payroll solutions across the USA, has recently affiliated with TAG Alliances – a global multi-disciplinary alliance of high-quality, independent professional services firms.
Becoming a Best Friend of TAG Alliances is poised to enhance AAB Payroll Inc's global reach and collaboration opportunities.
Read More
Employee Misclassification: Avoiding IRS consequences
What happens if you thought you had an independent contractor, but after a bit of research, you come to find that the worker is an employee? Unfortunately, the IRS has become stricter on this issue in recent years after they discovered billions of dollars were being lost due to employee misclassification. Not only are there IRS implications, but you will also find yourself penalized by the IRS, and your state government.
Read More
Understanding Employee Garnishments
What exactly is a garnishment? Essentially, it’s an order by an authorized court or other authority that requires an employer to withhold money from an employee’s paycheck to forward to a designated payee. Some types of garnishments include tax levies, child support orders, creditor garnishments, bankruptcy, student loan collection, and wage assignments.
Read More
The Hidden Costs of Paying Under the Table: The Importance of a Reliable Payroll System
In the world of business, there are certain practices that may seem convenient in the short term but can lead to severe consequences in the long run. One such practice is paying employees under the table, a method where employers provide compensation without reporting it to tax authorities or adhering to formal payroll processes. While it might appear to save time and money initially, the negative impact on employers can be substantial.
Read More
Navigating Global Workforces: The Crucial Role of Tracking International Employees for Payroll Compliance
In an increasingly interconnected world, businesses are expanding their reach and tapping into global talent pools. However, managing employees who reside in different countries brings forth a complex set of challenges, particularly when it comes to payroll.
Read More
How to Help Your Employees Understand Their Pay
If you work in payroll or HR, chances are at some point you will be approached by a fellow colleague inquiring about their paycheck. This conservation will vary from employee to employee depending on their hourly rate, benefit elections, tax localities and so on. While it is not your job to make sure the employee knows exactly how to read their paystub, it is in everyone’s best interest for you to be able to guide them as to why certain amounts are being withheld.
Read More
Considerations for Payrolling Commissioned Employees
For businesses with sales-focused roles, where employees often receive commissions, efficient payroll processing is essential. To streamline this process, selecting appropriate payroll software becomes critical, particularly for those new to handling commission-based payroll.
Read More
Calculating Vacation Time for Hourly Employees
Summer and early Fall sees a swell in vacation requests. From small businesses to large corporations, organizations of all sizes will have to field a number of time-off requests from employees. If you haven’t implemented a strategy for calculating vacation pay for hourly employees, it can feel like a daunting task. Read onward to learn how to accurately calculate vacation pay for hourly employees.
Read More