How to Calculate Employees Payroll Checks
One of the less-than-rewarding tasks for the self-employed is the weekly or bi-weekly chore of computing payroll checks. While today’s accounting systems make this once tedious and time consuming...
View ArticleHow to Fill Out a W2 Tax Form
The W-2 form is a concise report of an employee's annual earnings and taxes withheld. It must be filed along with a person's federal, state and sometimes local tax return. Filling out the basic...
View ArticleWhat Are Withholdings Payable?
Withholdings payable affect most everyone who receives a paycheck, from the employer processing the payroll to the employee receiving the paycheck. It is an area that should not be taken lightly. It is...
View ArticleHow to Calculate Tax Deductions for Employee Payroll
As an employer, you are required to withhold a range of payroll taxes from your employees’ paychecks. Whereas federal tax requirements apply to all employees, state tax-withholding criteria vary. Also,...
View ArticleHow to Write a Formula for Employee Data in Payroll
Whether you are using accounting software, such as QuickBooks or Peachtree, or manually doing payroll using a spreadsheet, it's important to understand the calculations. Federal and state tax...
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How to Set Up a Payroll for One Employee
If an employer has only one worker, he is still responsible for paying the employee accurately and on time. He must also withhold the appropriate income tax and pay them timely to the government. The...
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How to Use Microsoft Excel to Create a Payroll for Yourself & Your Employees
Along with paying employees for services rendered and withholding applicable taxes, employers must also keep track of employees' time. Regardless of the company's size, the employer must establish a...
View ArticleEmployee Payroll Deductions
One of the most important aspects of running a business is generating payroll checks, but with all the federal, state and local regulations to consider, it is not a simple task. Mistakes made when...
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How to Do Employee Payroll
A manual payroll system is performed entirely by hand; an in-house computerized system includes an on-site payroll staff and the use of payroll software; an external system involves outsourcing your...
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Employee Payroll Requirements
The employer must pay employees for services rendered. Furthermore, the employer must pay related taxes to the government. Consequently, payroll is a task employers must perform. To ensure employees...
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How to Print a W-2 in Peachtree
Peachtree is an accounting software suite. As part of Peachtree's software suite, it allows users to maintain their employee records. This is important because each year, a business must file Form W-2...
View ArticleWhat Are Standard Employee Payroll Deductions in California?
Everyone knows that your hourly wages are not exactly what you take home at the end of the week on your paycheck. However, there are different state laws regarding what can and should legally be...
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What Is Federal Withholding?
The federal income tax withholding system was implemented in 1943 through the Current Tax Payment Act, according to the Cato Journal. This system made it legal for the government to collect the...
View ArticleHow to Accrue Payroll for Commissioned Employees
An employer must keep accurate records in order to properly accrue payroll for a commissioned employee. The employer should consult its commission payment schedule in order to determine the amount of...
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How to Fill Out an Employee Payroll Register
The U.S. Department of Labor requires employers to maintain employee payroll records. A payroll register is a record-keeping tool that shows employee wages and deductions for the pay period. Payroll...
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Employee Payroll Deduction Rights
Employee payroll deductions can be statutory or voluntary. Statutory means that federal or state law requires the deduction; voluntary means that the employer offers the deduction and the employee...
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Employee Payroll Information
As an employer, your employee payroll information is essential to meeting your tax obligations and assessing the health and productivity of your business operations. Keep your employee payroll...
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Universal Employee Payroll Information
An employee's payroll check consists of gross earnings, deductions from those earnings and the resulting net pay. Deductions may be involuntary, as in taxes and garnishments, or voluntary, such as...
View ArticleEmployee Payroll Law in Minnesota
In Minnesota, the state's Department of Labor and Industry regulates workplace practices. Minnesota's Fair Labor Standards Act requires employers to comply with the state's pay and record keeping...
View ArticlePayroll Employee Taxes
Employees pay their share of payroll taxes via the withholding process; the employer takes it out of their wages before it actually pays them. Employees are supposed to pay federal income tax, Medicare...
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