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.
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 […]
While it may be tradition to toast the year goodbye with an eggnog, may I suggest another year-end tradition that can make your new year more efficient and stress free? As we say goodbye to 2016, it’s a great idea to review your personal payroll information, which is used to generate form W-2. Form W-2 […]
Payroll and tax considerations for year-end bonuses It’s officially the most wonderful time of the year, and in the workplace, the holidays often mean year-end or holiday employee bonuses. While this is a celebratory time, there are significant tax considerations for these earnings. Gift cards and awards also must be included in employee wages and it […]