4 Common Payroll Mistakes to Avoid
To err is human, but when the mistakes involve your company payroll, forgiveness might not be obtained so easily. Last November, the City of Boston paid close to a million dollars in penalties after an IRS audit uncovered major payroll problems such as overtaxing and failure to deduct Medicare withholding taxes as well as “deferred compensation” for employees who did not qualify for a pension plan. The case made headlines across the nation and spotlighted [...]