Payroll

How Bonuses Are Taxed?

Many employers typically pay year-end bonuses in the first quarter of the year. If you received a bonus for the first time this year, you may be surprised at the net amount of your "windfall." WHY THE SURPRISE? Work bonuses are classified as supplemental wages, which...

Simplifying Tip Management for Service Industries

In the bustling world of service industries, managing tips can be a significant challenge, involving the delicate balance of accuracy, compliance, and fairness. Whether it’s a restaurant or a salon, business owners need to effectively handle the complexities of...

10 Best Practices for Garnishing Wages

Even if you only have one employee, you are still legally required to garnish wages if you receive a court order to do so. Unfortunately, calculating the garnishment and fulfilling your legal obligation isn’t always easy. By keeping in mind a few best practices, you...

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