The following is a guest post from IES's President, Peter Limone: We all experience the question, “what does your company do?”  Most of us have an answer for this, but know that the answer we’re giving is not the full story.  Go ahead, explain your company in the next 20 seconds!  Of course there are…

Managing payroll is much more than ensuring that workers are paid on time. There are a number of other tasks associated with this critical business function, the most important of which is submitting timely and accurate reports to the Internal Revenue Service.According to Article Bay, citing information from Businessweek, not sticking to payroll reporting deadlines…

Payroll services and management are vital aspects of HR and businesses tend to regard payroll as an in-house job. However, there can be many benefits to outsourcing payroll to accounting professionals while still maintaining control over confidential data and sensitive wage information. According to Entrepreneur magazine, processing paychecks internally might not be the most cost-effective solution due to buying accounting programs…

The expiration of the payroll tax cut in January has had little affect on retail sales, Business Insider reports.Non-auto, non-gas sales retail sales were positive last month, with store sales up 5.1 percent year-over-year from 4.4 percent in December.High Frequency Economics' chief U.S. economist Jim O'Sullivan warned, however, that when payroll tax cuts went into…

One day before 2013, Congress hasn't answered many questions surrounding the fiscal cliff dilemma. One thing does seems practically certain: Payroll taxes will likely rise after New Years, reports The Wall Street Journal. The payroll tax rate employers have seen for two years expires today and federal decision makers have stopped mentioning the possibility of…

The longer it takes Congress to find a solution to the fiscal cliff, the harder it will be for the nation's 27 million small businesses, the vast majority of whom are administering their own payroll, according to CNN. The American Payroll Association warned that if Congress doesn't decide on tax rates by December 14, businesses…

As the end of the year is approaching quickly, there are several steps small businesses can take to adjust their 2012 taxes. Fox News provided seven payrolling tips for small-business owners looking to improve end-of-year numbers. 1. Hire a veteran. If organizations hire a veteran before December 31, For-profit organizations can earn up to $9,600…

Thousands of truck drivers travel hundreds of miles in sometimes dangerous conditions without receiving benefits and proper worker protection, according to the North Jersey newspaper, The Record. The source reports that New Jersey lawmakers are cracking down on trucking companies that misclassify drivers as independent contractors. State assembly members released a proposal to set stricter…

With the end of the year looming, a company's payrolling department must be up to date on all required employee forms, transcripts, healthcare benefits and more. Payrolling management representatives may want to attend a webinar that will be held later this month. The session, called Tips and Updates for Handling Year-End Payroll, will be hosted…

Human resources professionals and business owners have a lot of responsibilities, but payroll management doesn't have to be part of the equation if a company decides to outsource its payrolling services. According to Entrepreneur magazine, freeing HR administration from the duties of payroll can be the most cost-effective arrangement. If a payroll company is carefully…