FrankCrum resources for medium sized and small businesses
Find helpful tips,
information and updates
from FrankCrum.

Top 5 Pitfalls of Payroll Taxes for Small Businesses

small business payroll taxes

If you have employees, you have employment taxes. And with the IRS cracking down on smaller-sized businesses that are failing to properly report and/or file payroll taxes, it’s not advisable to take a light-hearted approach to managing payroll taxes. It’s imperative to properly calculate, withdraw, report and deposit tax monies from employees’ paychecks. Every employer must account for federal income tax, social security, Medicare, and federal and state unemployment tax.

Tagged with: Employment, irs, payroll taxes, tax
Posted in Payroll

President Obama Proposes Changes to FLSA


President Obama wants his administration to change the rules regarding who is eligible for overtime pay under Fair Labor Standards Act (FLSA). He recently directed the Department of Labor to do its first update of FLSA regulations in 10 years.

Tagged with: exemptions, FLSA, Obama, overtime, white house
Posted in Human Resources, Payroll, Regulation

Joint Employment between Companies under FLSA

overtime pay

If you own more than one business or have a business relationship with another company in which you “share” the same employees, it can be a convenient arrangement. The employees can get extra work (and extra pay) without the hassle of trying to juggle the schedules of having two separate jobs. It can also be handy for the employers for the same reasons. However, it is important for employers to be aware of the provisions in the law in situations like this.

Tagged with: FLSA, joint employment, overtime
Posted in Employee Benefits, Human Resources, Payroll

What You Need To Know About Work Week and Overtime Pay

Calculating wage and hour for exempt vs. non-exempt employees

When you’re an employer calculating overtime pay for an employee, the definition of “work week” means something very significant in legal terms. It’s actually the basis of determining overtime for purposes of the Fair Labor Standards Act (FLSA).

Tagged with: FLSA, overtime, wage and hour, workweek
Posted in Payroll, Regulation, Small Business Management

IRS Tips vs. Service Charges in Restaurants

irs automatic gratuity

If you own a restaurant, you’ll want to pay attention to a big change to tax rules that are now in effect. This is especially if your business has a policy of adding automatic tips to the tabs of large parties or for other special circumstances (curbside delivery, check splitting, etc.).

Tagged with: gratuity, irs, payroll, restaurants, service charges, tips
Posted in Human Resources, Payroll

How to Calculate Employee Pay and Overtime

overtime pay

Employers are required to keep track of the number of hours actually worked by each non-exempt employee. Is your company set to handle this workload?

Tagged with: employee pay, overtime, wage and hour
Posted in Human Resources, Payroll

Making Deductions from Employee Pay

2249052 (2)

Wage and hour laws are developed to protect the wages which employees earn for work performed.
Therefore, there are additional laws which dictate under what circumstances employers can deduct from those wages. This will discuss federal guidelines, so keep in mind many states have more restrictive laws concerning deductions from wages.

Tagged with: deductions, employee pay, wage and hour
Posted in Human Resources, Payroll

Determining Drive and Travel Time Compensation for Employees

employee drive nand travel time

There are various circumstances that determine whether time spent driving/traveling is considered hours worked. There are federal guidelines for calculating employee drive and travel time, but keep in mind some states have more specific laws than others which address this issue. Whether travel time constitutes hours worked depends upon the nature of the travel, the nature of the employee’s work and the connection between the two.

Tagged with: compensation, drive and travel time, wage and hour
Posted in Human Resources, Payroll, Small Business Management

Exempt vs. Non-Exempt Employees

Calculating wage and hour for exempt vs. non-exempt employees

Managing payroll for employees can be a tedious and sometimes difficult task. I’ve put together a 5 part blog series on wage and hour fundamentals to help you in the process. I will be discussing how to handle important topics such as determining hours worked, drive and travel time, deductions from pay and overtime for your employees. The first part in this blog series deals with exempt vs. non-exempt employees.

Tagged with: nonexempt, overtime, wage and hour, wages
Posted in Human Resources, Payroll

See the Services a PEO Like FrankCrum Can Provide for You

Watch FrankCrum on YouTube: We Provide Comprehensive, Affordable  HR Administrative Services, Including: Payroll Administration: Customized Solutions Based on Needs Employee Pay Paycheck Printing W-2′s Tax Withholding Quarterly Taxes 940 and 941 Reports Garnishments Track Sick Time Track Vacation Time Workers’ Compensation Nationwide Coverage Risk Management OSHA Compliance No Down Payment, Pay-As-You-Go Plans Handle Claims Inspections Safety Programs and Manuals Coordinate Medical Care for Employees Return to Work Programs HR Solutions Employee Handbooks Training Materials Reference Materials Employment Verification Reduce Turnover Rate Termination Process Unemployment Tax Filing Manage Claims Telephone Hearings Benefits Attract and Retain Quality Employees with Competitive Benefits Negotiate Rates Health

Tagged with: FrankCrum on YouTube, Video of PEO Services
Posted in Employee Benefits, Human Resources, Payroll, Regulation, Small Business Management, Workers' Compensation
Share Widget

CTA – Newsletter Sign-up

Get information and HR news you can use to improve your business.