Search Results for: iris
Tracking International Payroll KPIs
When processing payroll in multiple countries with varying tax laws, pay requirements and reporting dates, the act of running payroll each period becomes a priority over creating efficiencies or progressing the business. However, for global companies, tracking key payroll KPIs can also be a hugely effective tool to improve the performance of your payroll, people […]
ASC 842: The Path to Compliance
About this webinarIn this webinar, finance and technology experts from IRIS Software Group and Withum explore the practical considerations and best practices for implementing the new lease accounting standard – ASC 842, based on the lessons learned from public market adopters.Together we discuss the current lease accounting landscape, provide practical guidance on a variety of […]
How to Hire and Onboard Employees in Georgia
Is your Georgia business generating enough revenue to support hiring new employees? If so, congratulations! The hiring process and onboarding of new employees can be time-consuming and requires careful planning and preparation. After all, your business’s success depends on your employees’ skills and talents.Before hiring a new employee or independent contractor, there are several steps […]
Can You Fire An Employee for Discussing Wages at Work?
The question of whether employees can discuss their salaries at work has been a topic of the break room and water cooler whispers for decades. As an employer, you may feel your legal rights are violated by employees discussing their wages. But, legally speaking, is it permissible to fire them for that? Is there an […]
Paycheck Protection Program Fraud Cases
The Paycheck Protection Program (PPP) was a Senate relief fund to help small businesses with forgivable loans during the COVID-19 pandemic. Since 2020, there have been steadily increasing numbers of cases of loan fraud being heard in trials. Read on to discover exactly what the Paycheck Protection Program involved, and the companies being convicted of […]
Payroll Fraud: How to Detect and Prevent Payroll Scams
When you think of payroll fraud and how it happens, a first impression might be of a lone employee pilfering cash from the register. But payroll fraud is a much bigger problem than that. It is a type of fraud in which someone manipulates the payroll system, either intentionally or unintentionally, to gain an economic […]
Taxable Fringe Benefits & Including Them on W-2s
Whether you’re seeking to revamp your benefits and perks offerings to employees, or preparing tax forms to ensure accurate reporting, it’s essential to understand which fringe benefits are taxable and how they should be applied to employee W-2s. To help you bypass benefits-related issues during tax season, we’ll explore which fringe benefits are a legal requirement, […]
W-2 vs. Final Pay Stub: Understanding the Difference
Each tax season, employers field a number of questions regarding tax forms and documents furnished for employees’ individual filing. One of the most common questions relates to an apparent discrepancy between amounts shown under taxable wages on Form W-2 and amounts shown on a year-end pay stub. For some employees, this raises concern regarding possible […]
Payroll Solutions
“Our existing software is slowing us down and is difficult to use.” “It’s difficult for us to generate accurate reports for each client as often as they would like.” “There have been errors in current payroll processing, costing us time and effort to fix.” “Repetitive manual data entry and payment processing takes up too much […]
Working Remotely Abroad for a US Company: Employer Requirements
Companies in the US, and indeed around the world, are experiencing more requests for remote working opportunities. Existing employees are looking for greater convenience, such as being closer to family or desiring a fairer work/life balance, especially when migrating overseas. In part thanks to the flexibility remote working offers, employers can expand their horizons when […]
How to streamline growth with payroll solutions
Payroll can be time-consuming, error-prone and vulnerable to constant legislative changes—all of which can reduce profits. However, as technology advances, cloud-based payroll systems have paved the way for new opportunities for accountants wanting to offer payroll services. According to an Accounting Today report, 61 percent of accounting firms reported already offering payroll services to their […]
Enhance your document management
Documents are the lifeblood of the accounting industry and manual processes are no longer sufficient. Whether you are working towards digitization, managing digital documentation, or trying to get a handle on the mountain of paperwork near your filing cabinets, client documents can go missing more often than we think. In the accounting industry, 83% of […]
