If your company processes payroll in excess of $2,000 for employees working on government funded construction projects, Certified Payroll reporting will be required to comply with the Davis-Bacon Act. To be in compliance, it is important to know the “prevailing wage” rates for the contract, and how to generate and submit the appropriate reports. Your Payroll […]
If managing payroll deductions is an ongoing nightmare every pay period, let us show you how you can automate the process with INTERAC Payroll Deduction Management System. The integration between Payroll and Accounts Payable allows the system to automatically allocate each employee’s deductions to the appropriate vendors, consolidating them for payment through the standard accounts […]
Firms responsible for payroll processing are also likely to have been impacted by the new Affordable Care Act reporting requirements. While the IRS has issued an extension of the due dates for 2015 ACA reporting, the requirements must still be met. If you are dealing with the reporting changes mandated by the Affordable Care Act (ACA), […]
It’s that time of year again. With the holiday season upon us, and the end of the year approaching, it is time to begin preparing for year-end tax filing. In addition to the W2 and 1099, you may also be required to provide the new ACA 1095 forms this year. Get ahead of the game […]
Written by IRIS TILLEY (Barran Liebman LLP) – 9/22/15 As many employers are all too aware, ACA reporting has been looming on the horizon for some months now. However, preparations have been exceedingly difficult because employers have been left only with draft forms and outdated instructions as a framework for their planning. On September 17, 2015, the IRS finally […]
The Affordable Care Act (ACA) has mandated major changes to the reporting requirements of companies that process payroll Intersoft has been working on changes to INTERAC to comply with the filing requirements 2015. These changes are included in the new INTERAC.NET program which began shipping in September. The following updates were made to INTERAC Payroll […]
If you have experienced check fraud, you will appreciate the value of positive pay account reconcilement. You don’t need be one of the victims of check fraud which impacts corporate America every year. Criminals too often accomplish their mission is by counterfeiting or changing valid checks that were written on corporate accounts. When checks are […]
3 Things to Consider When Choosing Between Payroll Software and OutsourcingExcerpted from the article published on Wednesday, August 27, 2014 by Adam Bluemner (Find Accounting Software) How do you break the deadlock in the in-house payroll versus outsourcing debate? There’s no shortage of case studies sponsored by payroll software providers demonstrating ROI from in-house payroll. On the […]
The rapid! PayCard offered by Intersoft provides your company with one of the most comprehensive paycard benefit and ePayroll programs designed for employers choosing to convert to electronic delivery of payroll. The ePayStub and online W2 forms provide multiple outlets for employees to view their electronic statements and tax documents. Your company can expect to see immediate savings and […]
In the all the hustle and bustle of the holiday season and year-end, don’t forget to order your tax forms, and the INTERAC Laser Forms package for 2014. You may choose to use either the 2-up or 4-up W2 forms, and remember, with the INTERAC Laser Forms package, you only need the blank cut sheet forms, […]
