PayMaster Payroll

PayMaster offers full service payroll processing to businesses of all sizes.

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Happy Groundhog Day—and W-2 issuance deadline day!
Phil: Sees shadow, 6 more weeks winter. Payroll Phil: Sees W-2s, eats them. Crisis averted. No 6 more weeks of tax filing. 🦫📄🍴
Who's hiring this groundhog?

[PayMaster Payroll @PayMasterNET]

The real reason @Fedex stopped using the slogan "When it absolutely, positively has to be there overnight" is because they fail to do so. In fact, they fail so badly, they even removed their money-back guarantee policy for timely deliveries.

[PayMaster Payroll @PayMasterNET]

Guidance for employees in determining their qualified tips and overtime for the "no tax" deduction on their 2025 1040 return. https://t.co/bBtngqSvT5

[PayMaster Payroll @PayMasterNET]

FBI posted that cybercrimes rose 33% from 2023 to 2024. Cyber insurance is one way to minimize your risk and details are in our latest article https://t.co/2SZw0W8nvP

[PayMaster Payroll @PayMasterNET]

3 more states have recently implemented mandatory paid sick leave policies for employees, adding to the increasing number of states adopting this initiative. As more businesses transition to remote work in various states, it is crucial to stay informed https://t.co/BDYTmCLqwg

[PayMaster Payroll @PayMasterNET]

@INDIGOSKYY @SawyerMerritt Except for the fact that it is the highest safety rating. :P https://t.co/Jpa9YLaS7b

[PayMaster Payroll @PayMasterNET]

TAS has sounded the alarm to Congress on IRS' ERC processing. They highlight the delays, inefficiencies and lack of transparency in IRS processing of these claims as a "most serious problem". TAS says process all claims filed before 1/31/24 by 7/31/25 https://t.co/f28skpLSjo

[PayMaster Payroll @PayMasterNET]

Most all 2025 minimum wage changes have been announced. Our blog has a complete list of states and most cities/local rates as well. https://t.co/pXRxfNLuW6

[PayMaster Payroll @PayMasterNET]

There are some interesting changes coming to 401(k) plans in 2025. Don't wait to make sure you are ready. The super catch-up is something that could cause a headache with your payroll system/provider. I have all of the details in my latest article.

https://t.co/C52Fk7c8b8

[PayMaster Payroll @PayMasterNET]

The Dept of Labor has announced the FUTA Credit Reduction states for 2024. The list is now down to just 2 states: California and New York, plus the US Virgin Islands who have been on the list for over a decade. Employers in those states should prepare to pay add'l FUTA Tax.

[PayMaster Payroll @PayMasterNET]

A little known new reporting that impacts just about every small and medium size business has a deadline that is just a few months away. If you are not familiar with BOI reporting, check this out. $500 per day penalty for not filing timely.

https://t.co/hWVwuFsVXp

[PayMaster Payroll @PayMasterNET]

Next month, the minimum wage increases, for just the second time in twenty years, for salaried FLSA exempt employees. A 23% increase that will impact an estimated 4 million workers effective July 1. Our latest article provides the details https://t.co/AcOeU2CaYP

[PayMaster Payroll @PayMasterNET]

If you are an employer and round employee time punches, you may want to reconsider that practice. https://t.co/yY1EWgVV2C

[PayMaster Payroll @PayMasterNET]

Catch the PayMaster Team at Star Wars night at the Roger Dean Chevrolet Stadium next Saturday in support of Bak Middle School of the Arts!

[PayMaster Payroll @PayMasterNET]

Now is the best time to implement a 401(k) plan as the government wants to give you a lot of money to do so. A business with just 15 employees could receive $65,250. https://t.co/pebQOp4apR

[PayMaster Payroll @PayMasterNET]

Employers in NY and CA will pay a make up tax for federal unemployment, basically doubling their tax for the year. https://t.co/9raQAlbPde

[PayMaster Payroll @PayMasterNET]

Now that everyone, or just about everyone, has claimed the ERTC what else is there? There is the WOTC and I put together a short summary of what it is, who qualifies, how much, and how to claim it in our latest post. Are you leaving money on the table?https://t.co/eCzT76zmah

[PayMaster Payroll @PayMasterNET]

Happy National Payroll Week! "America works because we work for America!"

[PayMaster Payroll @PayMasterNET]

US CIS just updated Form I-9 moments ago. There are lots of new changes with this form, including the ability to remote verify employees under specific conditions. My latest article covers the details.

https://t.co/EvAiXQQaoo