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Payroll Systems Blog

What is The Employee Retention Credit included in the CARES Act?

The Employee Retention Credit was built to encourage employers to keep employees on their payroll The refundable tax credit is 50% of up to $10,000 in qualified paid wages to an employee by an...

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5 Legal Traps That Can Undermine Your Remote Work Policy

With remote work becoming part of the “new norm”, many businesses have turned to remote work for some members of their workforce- especially those businesses whose operation and processes lend...

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IRS Sets Slightly Higher 2021 Affordability Threshold for Employer Health Plan

For next year, the affordability threshold for lowest-cost self-only health coverage offered by employers is 983 percent of an employee’s household income—a little higher than the 2020 rate of...

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What Is Windowed Work, and Should Your Work-from-Home Employees Adopt It?

The massive shift to remote work precipitated by the COVID-19 pandemic may have just generated a healthier, more productive alternative to the nine-to-five grind It is called windowed work, and it...

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How Should You Approach Attrition and Turnover?

Two of the most telling metrics regarding overall organizational health are rate of attrition and rate of turnover Low rates in both are understood to mean that an organization is doing well The...

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IRS Updates Guidance on Coronavirus-Related Distributions and Retirement Plan Loans

The IRS has issued two notices to provide new guidance on CRDs and loans from retirement plans to help participants cope with the financial effects of the coronavirus pandemic   Expanded...

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