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Managing a contracting firm, or any small business, is complex. You probably started as a framer for someone else and thought, “I can do this.” Although you’re probably a fabulous framer, you quickly found out that running a business is hard. Really hard. You have to juggle finding new customers, estimating, scheduling of client appointments… Read More
What Small Businesses Need To Know About Payroll The best time to switch payroll companies is coming up shortly with the start of the New Year. NOW is the time to start reviewing your current payroll solution to decide whether it is still the right solution for you. Many things about your business may have… Read More
Evaluate Periodically Switching outsourced Payroll companies is something that should be regularly evaluated. At least every couple years you should review your current payroll company to make sure that you are paying a competitive price, are taking advantage of the newest technologies, are integrating your data with the vendors of YOUR choice, and/or to get… Read More
Payroll Best Practices If you haven’t reviewed your payroll processes lately, there have been numerous developments in the world of payroll over the last few years which you should consider implementing. Here are a few mistakes which any small business can consider avoiding to save money, become more efficient, offer better benefits to employees and… Read More
Happy July!!! So we’re half way through 2014. I hope your year is turning out to be everything you had hoped and planned for. Here at ConnectPay, we’re having a banner year. Our very unique model of combining old fashioned, world class, customer service with best-of-breed proprietary software is really gaining traction.
In my last post on what you should look for on your most recent paycheck stub I made reference to IRS Form W-4-the Employee’s Withholding Allowance Certificate. Along with an I-9, Employment Eligibility Verification, all employers are required to collect, and keep on file, the W-4. The IRS has just released the newest version of the… Read More
2012 ConnectPay Informational Series Form W-2 Reporting of Employer-Sponsored Health Coverage The Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan. Reporting the cost of health care coverage on the Form W-2 does not mean that the coverage is taxable. The value of the employer’s excludable contribution… Read More