• Flat labor rate charged to Jobs

    Hello, I have a question regarding payroll and how it is charged to jobs. We do not have any hourly employees. Currently we use Sage 100 Contractor to process payroll every 2 weeks and a few employees are charged to overhead but majority are charged…
  • Reporting of Term Life and Accidental Insurance over $50,000

    Our company pays for $100,000 for group term life insurance and $100,000 for accidental life insurance. I did not realize that the employee was responsible to pay taxes on the portion of life insurance above $50,000 that the employer pays. Is the employee…
  • Fringe benefits and before tax IRA

    I have a payroll question related to fringes and employee IRA contributions. This is a simple IRA and is taken before taxes. I have the fringes set up as a benefit on the appropriate paygroups with an offset for each employee based on the benefits we…
  • Formula for 401k and ROTH

    Good Morning, I was wondering if anyone has a formula created for 401k and ROTH, I know the combined contribution between the two cannot exceed $19,500 in 2020 but I have employees who have both and the system has a limit on 401k of $19,500 and ROTH…
  • Federal Income Tax allowance

    On the Calculations tab for an Employee (5-2-1) how do I specify that the Federal allowances specified on the employee's W-4 is "married but withhold at higher single rate"?