A Better Way To Learn

A blog by the team at PayMaster.

A Better Way To…
Giftcards

Holiday Gift Cards for Employees = Wages

This time of the year is a popular time to give gift cards to your employees as a way of...

Work Opportunity Tax Credit Extended and Expanded

Work Opportunity Tax Credit Extended and Expanded

On December 18, 2015, President Obama signed the Omnibus Spending Bill H.R. 2029 and the PATH Act (Protecting Americans from...

Are group health insurance, minimum participation requirements legal?

Are group health insurance, minimum participation requirements legal?

I have a client with a very interesting scenario in regards to Affordable Care Act (ACA) compliance and their desire...

FUTA Tax Credit Reduction 2015

FUTA Tax Credit Reduction 2015

Under the provisions of the American Federal Unemployment Tax Act (FUTA), a Federal tax is levied on employers covered by...

2016; not much different than 2015

2016; not much different than 2015

As 2015 is just starting to wind down, the government has already set  many limits for 2016.  In general, the...

The phenomenon of 27 Biweekly payrolls or 53 Weekly payrolls in a year

The phenomenon of 27 Biweekly payrolls or 53 Weekly payrolls in a year

There is a phenomenon that can occur about once every 5 to 11 years, depending upon whether you pay your...

ACA Document

IRS Releases Final Version of the Year End ACA Forms

This past week, the Internal Revenue Service has published the final versions of Forms 1094-C and 1095-C, and their respective...

EEO-1 Report Deadline Extended

EEO-1 Report Deadline Extended

The Equal Employment Opportunity Commission (EEOC) requires certain companies over a certain size to submit a report categorizing their employees...

Do you know the difference between an Employee and an Independent Contractor?

Be aware that you must classify your employees correctly. If you do not, and you are audited, you may face...