Jury Duty and Paying Employees

Jury Duty and Paying Employees

Have you ever had an employee summoned for jury duty? Unfamiliar with your options as an employer? Laws governing jury duty leave and jury pay vary from state-to-state.  The Fair Labor Standards Act (FLSA) does not mandate whether an employer must pay an employee who is away from the job due to jury duty.  However, […]

Protecting Customer Information

Protecting Customer Information

Would you like to put this on your credit card you have on file with us?  This is not a question you will hear at PenSoft when you call to place an order.  PenSoft has many policies and procedures in place to protect customer information and data. How does PenSoft protect customer information and data? […]

Form 941 & COBRA Subsidy in 2014

Form 941 & COBRA Subsidy

Were you or someone you know involuntarily terminated from your job between September 1, 2008 and December 31, 2009? Less than a month into President Obama’s first term he signed the American Recovery and Reinvestment Act of 2009 into law. Eligibility was extended three times until the eventual ending eligibility date was May 31, 2010.  […]

Data Protection & Backups

Data Protection & Backups

Do you have a hacker among your company?  Are your servers protected?  What happens to your data when a serv er crashes?  Is your data protected and do you have backups available? Data protection involves more than firewalls, anti-virus software, and passwords.  These will keep out the obvious risks.  But what about the unplanned and unseen enemies […]

Securing Automated Clearing House Payments

Securing Automated Clearing House Payments

Your company’s financials are much more secure in this day and age of technology.  There is little you need to worry about because automated clearing house payments (ACH) are secured by your financial institution. But wait, according to the Association for Financial Professionals (AFP) in March 2013, ACH fraud has increased by 3% from 2012.  The […]

PenSoft 2014 Spring Newsletter

Get the PenSoft Winter Newsletter and learn: Data Protection Through Prevention - Backing up can prevent your company from losing data.  What solutions are available? PenSoft Customer Security - How does PenSoft protect your credit card, check, or ACH information? Protecting Corporate Identity from Theft – Businesses are easy targets for identity theft.  What can be done to minimize […]

Earned Income Credit & The Employer

Certain low to moderate income workers may qualify for Earned Income Credit

Help your employees increase their income!  You may have certain low to moderate income workers who qualify to receive the Earned Income Credit (EIC). What is the Earned Income Credit (EIC)?  The EIC is a refundable tax credit for low to moderate income workers.  The tax credit was approved by Congress in 1975.  Originally, it […]

Tired of Losing Your Funds in Your Flexible Spending Account?

Tired of Losing Flexible Spending Account Funds?

Disappointed when you don’t use all the funds in your Flexible Spending Account (FSA) and lose your flexible spending account funds?  The IRS has good news for you!  $500 can now be carried over to the next plan year. Flexible Spending Account plans are a popular offering in employer benefit packages.  FSA’s allow participants to […]

PenSoft Winter Newsletter

PenSoft Newsletter

Get the PenSoft Winter Newsletter and learn: One Bad Apple - Avoid becoming a victim if you outsource your tax payments! Use or Lose FSA - IRS is now allowing up to $500 to be carried over to the next plan year. PenSoft RSS Feeds – Subscribe to RSS feed for 2013 and 2014 PenSoft Payroll. Check it out […]