If your partnership has been treating you and other partners as employees of a disregarded entity owned by the partnership so the partners can participate in employee benefit plans and receive other employee benefits, you'd better read this. Tax regulations issued by...
payroll services
IRS Reminds Taxpayers to Adjust Tax Withholding
This is a good time of year to review your payroll withholding to make sure you are on track with regards to your 2019 income taxes and having the correct amount withheld or paid in with estimated payments. A Paycheck Checkup using the IRS Withholding Calculator can...
What Are the Rules for Paying an Employee Who is Leaving?
We know turnover can be difficult. We have your back when it comes to getting that final paycheck cut and promise to make the process easy. If you are interested in learning more about our payroll services, please feel free to reach out to us at Payroll Vault. When...
The Importance of Tracking Employees Time
When a business utilizes a timekeeping system for tracking employees time, they typically have fewer payroll errors. For example, time is not inflated, it’s easier to track overtime and vacation accruals, and it assists with staying in compliance of current labor...
Keep Your Employees Happy; Outsource Payroll
A happy staff is typically more productive. Businesses can save money by employing one productive person rather than two unproductive people. You may be wondering what you can do to keep your staff happy and productive. There are several ways, and payroll is a great...
Keep Your UI Rate Low
Did you know that the Colorado Department of Labor and Employment (CDLE) requires all employers with at least one employee to carry Unemployment Insurance (UI)? Unemployment Insurance is a state pool funded by employers to pay employees who find themselves in need of...