Payroll deductions are the specific amounts that you withhold from an employee’s paycheck each pay period. There are two types of deductions: voluntary deductions, such as health insurance and 401 (k) ...

The IRS doesn't forgive payroll mistakes, but the right software can help you steer clear of them entirely.

Here's everything small-business owners need to know about payroll deductions, including which ones are required by law. Many, or all, of the products featured on this page are from our advertising ...

Deductions from an employee’s or student’s wages will be in accordance with applicable law and with the individual’s consent, unless the deduction is as a result of a court or government order.

With the state of the economy being what it is, it's important to employees that they know where their money is going and why. The right initiatives from leadership can help. Processing Content Eighty ...

As required by law, income tax, social security (FICA), and other mandatory items (such as wage garnishment for child support) are withheld from each paycheck. With your authorization, deductions will ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

A measure to block public employers from administering voluntary paycheck deductions for union dues and organization fees sparked intense debate in the Senate last week, including accusations of retri ...