businessman filling out a tax form for year-end

At Wise, we are hearing from companies who either don’t think they can claim any payroll tax relief through the FFCRA and CARES Acts, or who are wondering if they should bother trying. Our tax team understands that it’s easy to feel overwhelmed because tracking payments and credits sounds like a lot of work on…

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two employees writing on a big notepad

While outsourcing an entire payroll process to experts works for many companies, what about when all you need is help with reporting, mass imports, garnishments, taxes or another payroll function? Particularly this year, with the various pandemic-response Acts, changes to forms and the vastly increased need for tracking, auditing and reconciliation, many companies are in…

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The Paycheck Protection Program (PPP) was created under the Coronavirus Aid, Relief, and Economic Securities (CARES) Act to provide relief to small businesses adversely impacted by the COVID-19 coronavirus pandemic. The plan to issue forgivable loans to businesses needing to make payroll in uncertain circumstances was intended to help businesses stay afloat while still paying…

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Wise Payroll Consultants get real on what you need to know about The Families First Coronavirus Response Act (FFCRA)  How to Get Your System Ready Compliance: Do I have to pay my Employees under this Act? Consideration: Consider codes for non-regulatory code usage such as “COVPTO” that can be given to employees so they do not…

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Employer Responsibilities as it Relates to the FFCRA: The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave or expanded family and medical leave for specified reasons related to COVID-19.[1] The Department of Labor’s (Department) Wage and Hour Division (WHD) administers and enforces the new law’s paid leave…

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Payroll is complicated, confidential and constant. The business of maintaining detailed records and reports on behalf of employees is highly regulated. The IRS cares, and so does the U.S. Department of Labor. Its Fair Labor Standards Act (FLSA) has rigid rules regarding recordkeeping that must be followed, and which are different for exempt and nonexempt…

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Among the many tasks that payroll professionals cite as frustrating, staying up to speed on ever-changing government tax regulations and the cost of correcting mistakes or paying penalties for errors are at the top of the list. Add to that the relentless and cyclical nature of payroll–it has to go out accurately and on time,…

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