Payroll Practitioner’s Monthly is a 16-page monthly newsletter that shows payroll professionals what they need to do and how to do it when it come to the many rules, regulations and laws they must follow to prepare and distribute a corporate payroll. In general terms, it is a “step-by-step” newsletter, focusing on the administrative details of payroll in plain English with proven suggestions on how to get the job done right, and done once. PPM gives managers in small to mid-size companies access to the same hard-hitting data found in academic journals on accounting, without the padding of charts, graphs and theoretical language. PPM also includes feature articles like, “Ask Professor Payroll,” and members of PPM’s Guest Editorial staff provide insights and commentary on specific payroll processing, technology or legal issues.
The federal government program known as E-Verify has been making the news lately and catching the attention of many payroll professionals. Let’s examine the program and try to answer some of these questions: What exactly is this program? Why should an employer consider using it? Are any employers mandated to use the program? How does the program work? Who is using it? How do I register? Are there any legal requirements to know before I use the program?
Recent press releases from the U.S. Department of Labor’s Wage and Hour Division (WHD) describe actions taken with regard to a variety of labor law violations. The actions resulted in back-pay awards (including interest), as well as fines and penalties, and involved both large and small employers. This article explores the range of violations and the resulting costs to employers.
In our August issue, we discussed how to shield against a hostile audit by preparing for a worst-case scenario. A key point of that article was to avoid leaving obvious problems for auditors to find and take you to task for. Separation of duties, which has been a major audit requirement for a very long time, is one such obvious audit flag.
Question: Does a business owner have to pay unemployment taxes on his or her own salary issued through payroll? Since the owner is not likely to fire himself, I would think the owner’s salary would be exempt.
Efficient Payroll Dept, Audio Seminar, Oct. 7. Contact: Thompson Publishing Group, www.thompson.com
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