payroll liability

Preparing for a payroll audit can be complicated, especially if your payroll department isn't organized or ready to follow a set procedure. Payroll audit preparation doesn't have to be confusing or stressful. Having a checklist in place can simplify the process.…

Any business, small or large, needs to have a system in place for handling payroll activities. It’s important to set your business up with the right procedures and protocols to stay on top of managing payroll. If not managed properly, payroll can cost both the business and the employee time and money.…

Our related article explores the five most common payroll liabilities that companies must address to remain legally compliant and accurate with their payroll and recordkeeping. In this article, we’ll discuss additional payroll costs that are commonly overlooked, and walk you through the potential financial and legal repercussions of noncompliance.…