Sentences with phrase «federal employee payroll»

Not exact matches

The proposal would shift some or all of the state income tax liability of employees for whom federal deductibility of state and local taxes is capped to a payroll tax.

Shifting to a state payroll tax instead of an income tax is seen as one way to reduce employees» federal tax liability.

And the state will also create an optional payroll tax — still fully deductible under federal law — for businesses to pay for their employees.

Except for postdocs receiving federal fellowships that explicitly bar them from being considered employees (and who, by the way, are ineligible to join the postdoc union at UCHC), postdocs paid out of grants to principal investigators receive their money through university payroll systems, which generally deduct payroll taxes.

Writing a payroll and paying employees creates federal and state payroll tax obligations.

Federal Payroll Tax Deposits - How Much, When, Where Paying employees is just beginning of your payroll work.

This article is designed to take you through the basics of paying employees, setting up a payroll system, and complying with federal, state, and local laws regarding payroll taxes.

active federal employees have to provide the banking institution with their agency's payroll office address.

To illustrate, let's take a look at three employees, Angelica, Eliza and Peggy, whose employment income falls into the lowest, middle and top federal tax brackets and see what their take home pay looks like for their first payroll of 2016 versus what it would have looked like a year ago.

Wages paid to employees using virtual currency are taxable to the employee, must be reported by an employer on a Form W - 2, and are subject to federal income tax withholding and payroll taxes.

Employee Express: PBGC employees have electronic access to an online site where they can perform a variety of discretionary personnel and payroll transactions (e.g., changes to Financial Allotments, Health Benefits, Thrift Savings Plan, Direct Deposit, Federal and State Taxes, Home Address, and Savings Bonds).

The power of Congress to impose federal income and payroll taxes encompasses employees of state and local governments, as well as private sector employees, even though this means that state and local governments have to file federal withholding tax returns on a regular basis.

The CFC's «Show Some Love» campaign is an easy way for federal employees to make a tax - deductible donation to MAIP via payroll deduction.

[My company] will not be eligible to participate in any vacation, group medical or life insurance, disability, profit sharing or retirement benefits or any other fringe benefits or benefit plans offered by the Client to its employees, and the Client will not be responsible for withholding or paying any income, payroll, Social Security or other federal, state or local taxes, making any insurance contributions, including unemployment or disability, or obtaining worker's compensation insurance on [My company's] behalf.

This coverage is made available to benefit Federal, Postal, Municipal and State employees and the premiums are typically paid through Allotments (payroll deductions).

Wages paid to employees using virtual currency are subject to federal income tax withholding and payroll taxes.

Expertise in employee relations training payroll and state and federal laws.

Processed accounts payable, maintained up - to - date vendor statements to ensure timeliness and completeness, communicated with vendors to resolve questions and concerns on invoices, issued of checks to vendors, ran aging as required to identify current items due for payment Processed accounts receivable, sent information of customer aging summary to stores and collected the payments, maintained accounts receivable Calculated monthly sales, prepared all of federal and provincial sales tax report, and remitted the sales tax to government Prepared financial statement for the monthly end and year - end, processed closing account at the end of period Employment History (continued) Reconciled bank accounts, credit card accounts and other accounts required to reconciled Processed semi-monthly payroll, vacation pay, courted ordered deductions and other benefits, prepared payroll tax report and remitted payroll tax to government Made works compensation report and bill payment Filed sales invoices, purchase bills and all of documents; trained new employees; Communicated with vendors processing RMA (Return material authorization); provided some customer services as well as some office duties.

• 9 years» progressive experience in maintaining payroll information by collecting, calculating and entering payroll information into predefined systems • Competent in determining payroll liabilities and resolving discrepancies to ensure smooth functioning of the system • Proven ability to administer payroll processing for a large number of employees while following defined procedures • Qualified to maintain and update payroll processing and documentation to ensure compliance with applicable state and federal laws • Demonstrated ability to ensure accurate preparation and balancing of payroll • Effectively able to audit payroll functions on a regular basis to keep discrepancies at bay

Accountant — Goodman Services — Buffalo, NY — 9/2013 to Present • Manage accurate and timely payroll for 200 employees • Analyze accounts and expenditure reports to ensure proper balancing, and resolve and report discrepancies to the department supervisor • Introduce an updated ledger system to accelerate processing times by 10 percent • Observe and document all company expenses with detailed records of invoices, receipts, and other financial documentsAccountant — Foxworth & Trinston Finances — Buffalo, NY — 5/2009 to 9/2013 • Prepared tax returns and financial statements for auditing purposes • Monitored company cash flow on a daily basis and reported to the company president at the end of every week • Received Employee of the Year Award for recommending supplier consolidation that resulted in saving the company $ 1 million • Trained six new employees in company accounting policies and procedures as well as state and federal laws and restrictions to ensure high performance and the meeting of all deadlines

• First - hand experience in collecting and summarizing timekeeping information to ensure correct payroll processing activities • Track record of accurately calculating garnishments and commissions and efficiently posting them to payroll systems • Competent at handling sophisticated payroll systems and databases by following state and federal rules and regulations • Proficient in calculating and depositing payroll taxes and processing employment verifications to ensure accurate payroll procedures • Adept at maintaining payroll information by collecting, calculating and entering payroll data into predefined company systems • Competent in determining payroll discrepancies and taking effective measures to ensure that they are corrected before they have an adverse effect on the system • Qualified to prepare payroll reports by compiling summaries of earnings, taxes, deductions and nontaxable wages • Effectively able to update payroll information by recording changes such as insurance coverage, loan payments and salary increases • Proven ability to address employees» pay - related concerns and queries by remaining within the confines of company protocols • Hands - on experience in developing, maintaining and managing comprehensive payroll records by ensuring that both confidentiality and security of information is maintained

Answer all inquiries related to payroll and payroll tax issues from employees, state and federal agencies, workers compensation providers, payroll provider, internal departments and head office in Singapore.

PROFESSIONAL EXPERIENCE PRO MACH, Roswell, NM Dec 2012 — Present Payroll Clerk • Identify discrepancies in the payroll system before they could have a significant effect on the reporting systems • Introduce and implement a commissions system which decreased calculation time by 85 % • Collect and compile payroll data and ensure that it is complete and accurate • Punch in payroll information into the system using appropriate software • Review and verify the source of information to ensure accuracy • Investigate and correct discrepancies and errors and put into place systems to ensure that problems do not reoccur • Update payroll records by managing changes in insurance coverage and loan payments • Address employees» pay - related concerns and ensure that they are resolved by keeping within the parameters of company protocols • Develop and maintain comprehensive payroll records and ensure that all related information is kept confidential • Ascertain that compliance with federal and state regulations is constantly maintained • Audit payroll functions on a regular basis to ensure minimization of problems and discrepancies

Determining payroll liabilities, calculating employee federal and state income and social security taxes and employer's social security, unemployment, and workers compensation payments

Contracted payroll specialist will handle payroll & administration of about 1000 employees, and assure compliance with all applicable federal and provincial regulations & company policies.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.

As a result of trying to avoid treating at - home workers as employees, Rosen indicates that background screening firms can potentially face liability for federal and state payroll taxes that should have been paid for misclassified workers, substantial penalties to the IRS or state, fees and damages if litigation is involved, and responsibility for benefits and overtime pay the independant contractors would have received if classified as employees.

As a result of trying to avoid treating at - home workers as employees, Rosen indicates that background screening firms can potentially face liability for federal and state payroll taxes that should have been paid for misclassified workers, substantial penalties to the IRS or state, fees and damages if litigation is involved, and responsibility for benefits and overtime pay the independent contractors would have received if classified as employees.

Professional Summary Skills * Exceptional ability in recruitment, interviews and selection process, payroll administration, contract writing, disciplinary procedures and termination, resume scrutiny, and contract writing * Well - versed in the labor compliance requirements for state and federal agencies * Customer and employee interface expertise * Talented in employee and client relations * Lateral thinker with ability to ma...

Process payroll for School District employees, including calculation of wages, insurance deductions, state and federal mandated deductions, union dues, voluntary deductions, child support and garnishments.

Professional Experience ABC Debt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce client

Business Manager — Duties & Responsibilities Oversee daily operations, finances, and personnel for large parking company Responsible for more than 60 locations and over 400 employees Hire and train staff ensuring they understand the brand and adhere to corporate policies Instruct junior team members in customer service best practices Generate significant revenue through strategic marketing and sales initiatives Design and implement strategies to cut operational costs while enhancing sales Perform human resource functions including conflict resolution and benefit administration Oversee audit process, budgets, and payroll ensuring cost effective operations Consistently recognized for excellence in management, sales, and customer service Develop and strengthen relationships with clients, partners, and community leaders Encourage high customer retention by maintaining friendly, supportive contact with existing clients Utilize proficiencies in Amano System, Federal ADP Shark Bite, and Ticket Tech Represent company brand with poise, integrity, and positivity

If you turn to an employee leasing company to handle your office employees or a salesperson benefit plan, Williams offers one caveat: «Be very careful about any leasing company you do business with, because you're sending it your payroll and payroll taxes and depending on it to pay your employees and deposit funds with the federal government.