News & Resources

Smart Ways to Pay Yourself as a Small Business Owner

While the government generally dictates how you can pay yourself with a salary or the equivalent of a salary, it also provides flexibility for you to make withdrawals.

January 20, 2020

How to Run Payroll for a Small Business

Setting up a payroll system is fairly straightforward in theory, but it does require a few significant steps that each employer will need to consider.

December 16, 2019

IRS Overhauls Form W-4 for 2020 Employee Withholding

On Dec. 5, the IRS released the long-awaited final version of the 2020 Form W-4, retitled Employee's Withholding Certificate, with major revisions designed to make accurate income-tax withholding easier for employees starting next year.

July 3, 2019

Overtime pay calculation – are you doing it correctly?

To calculate overtime pay for non-exempt hourly employees correctly, one should first determine a few things.

December 13, 2018

Important changes for 2019 payroll

Prepare now for the following payroll changes that will take effect on January 1, 2019, and also consider some actions to take before year-end.

September 11, 2018

Three payroll updates that will affect you and your employees

Article courtesy of Yeo & Yeo IRS Releases Draft of 2019 Form W-4 The proposed 2019 Form W-4 reflects major changes. At this time, all current employees’ W-4 forms are still […]

April 12, 2018

Salary speaks louder than gender

We’ve discussed impending changes in the way salaries are approached in today’s market.

March 26, 2018

Fluctuating workweeks and proper compensation

When an employee’s workweek fluctuates above and below 40 hours, employers need to understand what they can and cannot do when it comes to payment of wages and overtime.

March 8, 2018

7 steps to a market-based compensation program

Having a market-based compensation program is one way to ensure that a company remains competitive.

February 19, 2018

Pay: The essential feature of any recruiting and retention program

A sound compensation plan will not guarantee success in recruiting and retention, but the lack of one can guarantee failure.

January 15, 2018

IRS releases 2018 withholding tables

Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018.

December 21, 2017

2017 year-end tax planning update given the tax reform bill

Congress is enacting the biggest tax reform law in 30 years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount …

September 14, 2017

OMB suspends pay data rules

On Aug. 29, the Office of Management and Budget (OMB) informed the Equal Employment Opportunity Commission (EEOC) that it is initiating a review and immediate stay of the pay data collection aspects of the EEO-1 …