Payroll

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December 17, 2018 

IRS Gives Relief to Nonprofits for Transportation Benefits

Prior to the TCJA, nonprofits and for-profit entities could provide certain transportation benefits to employees that were excluded from tax, up to a stated monthly amount, and deductible by the organization. The maximum exclusion, which was indexed ...

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December 17, 2018 

Paychex Adds Integration with QuickBooks Online

The new integration allows users to quickly and easily connect data from the Paychex GLS, so it flows directly into their QuickBooks Online accounting package through a convenient “Link and Sync” tool in Paychex GLS. Through the integration, users can ...

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December 17, 2018 

December 2018 Payroll Channel

Should Employees Share Their Salary Information With Peers? By Isaac M. O’Bannon, Managing Editor Millennials (ages 18-37) are more likely than other generations to share their salary information with others, including coworkers, friends outside of work, romantic partners who they don’t live with, and family members other than their spouse, according to a new Bankrate.com report....…

 IRS Offers Guidance on Parking Fringe Benefits Expenses

December 17, 2018 

IRS Offers Guidance on Parking Fringe Benefits Expenses

The new rules assist taxpayers in determining the amount of parking expenses that are no longer tax deductible. They also help tax-exempt organizations determine how these nondeductible parking expenses create or increase unrelated business taxable ...

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December 14, 2018 

8 Benefits of Enhancing Daycare Record Keeping

Time-consuming administrative tasks like staffing, daily planning, and payment collection can slow a daycare down and, at times, even grind the operation to a halt. Keeping physical records is likely the norm for no other reason than that it is how ...

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December 13, 2018 

2018 Year-End Payroll Checklist

One year is ending and another is beginning. It’s a time for wrapping tasks up and starting new things. This includes your payroll. At the end and beginning of each year, there are certain payroll requirements you must complete.

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December 12, 2018 

OnPay Partners with Magnify for Agribusiness Payroll

FCSAmerica, a financial cooperative for agriculture businesses, launched Magnify in partnership with software firms Xero and Figured. Their goal was to create an accounting and managerial software system that helps agriculture businesses improve ...

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December 12, 2018 

62 Percent of U.S. Workers Saw No Pay Increase in 2018

The likelihood of receiving a pay raise, better paying job, or both is higher among higher income households. In fact, the majority of households with income below $50k/year report getting neither a pay raise nor a new better paying job, ...