Since March 2010 when the Affordable Care Act was passed, there have been many Affordable Care Act legislative amendments and the IRS has provided exhaustive guidance on the implementation of the ACA. Most notably, Vol 79 No. 29 of the Federal Register is an authoritative reference on the shared responsibility requirements for employers. This, in […]
Employers face many challenges when complying with wage and hour laws of the Fair Labor Standards Act (FLSA). Calculating the premium overtime rate is one of those challenges. PenSoft recently participated in a roundtable discussion with the U.S. Department of Labor (DOL). We did this in an effort to try to understand challenges employers face […]
Our 2017 Summer Newsletter is available and ready to read! What can you read about in our 2017 Summer Newsletter? Calculating the premium overtime rate Healthcare reform Computer security Moving data to a new server Read about all of the above and more!
Are you ready for retirement? When was the last time you thought about it? Regardless of what stage of work life you are in: just entering or working for years make goals to stay on track for building for retirement. The quote, “Life is what happens when you are busy making plans” sums up the […]
The Equal Employment Opportunity Commission (EEOC) issued new information collection requirements. These requirements include collecting pay data from Forms W-2 for placement on the annual EEO-1 report. Why Is This Information Collected? The EEOC enforces federal prohibitions against employment discrimination based on race, sex, and national origin. Previously they collected data from certain private employers […]
Why Reconcile? Are you ready to improve your quarterly reconciliation process? Do you need a reconciliation refresher? Quarterly reconciliation is the cornerstone of a solid payroll foundation. Detailed reports, spreadsheets, and good old fashioned mathematics allow payroll professionals to ensure balance in the payroll system. Thankfully PenSoft Payroll takes most of the work out of […]
The Affordable Care Act (ACA) e-file deadline is approaching! Are you ready for March 31st? Have you completed your Form 1094-B, 1095-B, 1094-C, and 1095-C due to the Internal Revenue Service March 31st? Do You Need To Comply With ACA? Not sure if your company needs to comply? Check out these educational resources! Affordable Care […]
Read our latest newsletter! Learn how to maximize functionality in your software, all about the new I-9 that has been released, and all about our new video library. Read more!
PenSoft, a leading developer of payroll software, hosted payroll services, and payroll services has entered into an exclusive partnership with Integrity Data to deliver a stress-free and professional experience to customers as they manage and comply with the Affordable Care Act (ACA) reporting requirements. “After vetting several companies we chose Integrity Data as our partner […]
Keep an eye on your e-mails! Don’t click links in them unless you are sure the sender is someone you work with. There are multiple phishing e-mail scams trying to collect passwords, account informatio n, money, etc. Even the Internal Revenue Service reports issues with e-mail scams! FYI: The IRS doesn’t initiate communication by e-mail. […]