Matthew Keller is a Senior Payroll Specialist at Zenefits who authors our "Money Matters" column. With 20+ years of experience in payroll and accounting, Matt wants to help customers navigate frequent law changes, taxes, and more.
Mark Twain once asked, “What is the difference between a taxidermist and a tax collector?” His answer, “The taxidermist only takes your skin.” Sometimes, it can feel like we’re slowly being skinned as we see our precious earnings taken away in payroll taxes. How do we know that the amount taken for federal withholding is […]
Common questions from employers and HR admin include: “Do I have to provide a paper pay stub to my employee?,” and “What information is required on a paystub?” Ready for a paperless payroll solution? Check out our paperless payroll software platform. Are there Federal Pay Stub Guidelines? Many employers look to federal laws to answer […]
Businesses’ HR and payroll departments are the targets of a W-2 email scam, according to the Internal Revenue Service (IRS). The IRS reissued a warning about a W-2 email scam that is targeting payroll and human resources (HR) departments. It’s critical that payroll and HR officials double-check all unusual and executive-level requests for lists […]
In my last blog post, I wrote about the important first step of determining a worker’s status. Once you’ve hired an independent contractor, there are some important considerations to ensure your payroll processes are up-to-date. Here are some important independent contractor forms that businesses should have on file: Form W-9 Form W-9, the Request for Taxpayer […]
As businesses grow, staffing needs increase. Should an organization hire an employee or independent contractor? To answer this question on small business compliance, we’ve created a three-part blog series on classifying employees. First, we’ll look at how to apply the common law test to avoid negative tax consequences. There are important distinctions between an […]
Much like a villain in a slasher movie, some taxes just won’t die. It’s when you think you’re safe, when you’ve forgotten about them, that they pop up again. So, don’t be surprised when you see dormant taxes appear on your first paychecks of 2017. Social Security If you made over $118,500, your last checks […]