Did you receive a notice informing you your tax deposit made on April 18, 2016 was late? Don’t worry! The Internal Revenue Service (IRS) incorrectly sent notices due to a computer error. The IRS did not recognize April 15, 2016 as a holiday, Emancipation Day. With the holiday falling on April 15th the deposits were […]
Read our latest newsletter! Do you have employees who are mobile? Did you know that it is estimated that by 2020 73% of the workforce will be mobile? Thinking about getting a new computer? Find out the best method to move your data. Don’t forget to renew for 2017 and more in our 2016 Summer […]
On May 18th, 2016, the U.S. Department of Labor released the final rules governing which executive, administrative, and professional employees (white collar workers) are exempt from the Fair Labor Standards Act’s minimum wage and overtime pay protections. Effective December 1, 2016, the final rule raises the salary threshold to $913 a week or $47,476 a […]
Start 2016 off right by reconciling your first quarter. PenSoft recommends you reconcile after each quarter in April, July, October, and January. Why Should You Reconcile? Reconciliation verifies employees are paid properly, expenses are applied to the correct accounts, taxes are paid and reported. Some payroll processors reconcile every payday and then perform a quarterly […]
Read our latest newsletter! Learn how to be prepared for an EEOC or DOL audit. Learn how our 94X e-filing service can help streamline your filing of 940s, 941s, and 944s within PenSoft Payroll. Find out how to automatically update your PenSoft Payroll and more in our 2016 Spring newsletter!
Join us March 9th at 2pm for our 2016 webinar series: Let’s Chat! On March 9th we will cover a review of the personnel section in PenSoft Payroll, a discussion of the proposed legislative changes in reporting information to the Department of Labor and the Equal Employment Opportunity Commission, and how it impacts reports in […]
The Internal Revenue Service has issued a phishing alert specifically for payroll and HR professionals! There is a new phishing scheme that requests personal information on employees from the department and it appears to come from the company’s own executives! Beware! Professionals have already fallen victim to this scheme. Don’t become one too! How Does […]
What’s the most common cause of data loss? Accidental deletion? Natural disaster? Theft? No. Database corruption is probably the most common AND becoming more widespread. Database corruption is the unseen gremlin hiding in the shadows when you are busy working in PenSoft Payroll. It is one of the most common causes of data loss for […]
The Internal Revenue Service (IRS) has issued an alert to all taxpayers in regards to identity theft at tax time. They have posted some great videos on YouTube in their Security Summit Video Series. Security Summit Identity Theft Tips Overview What Changes Can Taxpayers Expect this Year? Check your Credit Report Annually Secure Your Tax […]
Read our latest newsletter! Read all about our newest release: PenSoft Payroll Hosted Solution available to all users in 2016! We also announce our 2016 quarterly training dates at our Newport News, VA location and our quarterly reconciliation webinar. Could you have a corrupted database? Find out in our 2015 Winter newsletter!