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2014-05-14
Easy to use, a little misleading on the web site "try for free" and then it wants to charge me to save / print, but live chat was quick and the chat agent (Anne) was awesome and provided me a 7 day free trial so I can see if this will be worth the subscription. Hats off to the chat agent, awesome customer service, GIVE her a RAISE! LOL
2014-07-22
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2014-08-20
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2019-06-12
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2018-11-24
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2024-05-23
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2023-03-19
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2020-08-25
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2020-06-27
Store Wage Format Feature
The Store Wage Format feature simplifies payroll processes for businesses of all sizes. This tool allows you to manage employee wages efficiently and accurately. You no longer need to worry about errors or misunderstandings. With this feature, you can streamline your payroll tasks and focus on what really matters—your team and customers.
Key Features
Customizable wage formats for diverse employee classifications
Real-time calculations ensuring accuracy and transparency
Integration with existing payroll systems
User-friendly interface for easy navigation
Secure data storage to protect sensitive information
Potential Use Cases and Benefits
Ideal for businesses with varied payment structures
Helps in maintaining compliance with wage laws
Enhances accuracy in payroll processing
Provides clear insights into labor costs
Supports better financial planning and budgeting
By implementing the Store Wage Format feature, you solve common payroll challenges. You gain control over wage calculations, reduce administrative burdens, and improve payroll accuracy. Experience peace of mind as you navigate the complexities of employee wages with ease and confidence.
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How long do you have to keep certified payroll records?
Payroll Records Retention Certified payroll reports and supporting documentation are retained by the contractor for three years. In turn, payroll records are retained for seven to 10 years. In the event of a government certified payroll audit, the contractor will be asked to provide these records to the auditor.
How long do we need to keep employee records?
You are required by law to keep records of all employees Tax and National Insurance contributions. You must keep them for three years from the end of the tax year they relate to. HM Revenue & Customs (HMRC) has the right to check your records.
How long do you have to save employee records?
The Equal Employment Opportunity Commission says employers should keep all employment records for at least one year from the employee's date of termination. The federal age-bias law requires that you retain payroll records for three years.
How long do you have to keep garnishment records?
Fair Labor Standards Act Records that employers are required to maintain for at least three years include personal information about the employee, including Social Security number, sex, position and title, wages earned, pay rate and overtime earnings.
How long do you have to keep payroll tax returns?
Keep all records of employment taxes for at least four years after filing the 4th quarter for the year. These should be available for IRS review. Records should include: Your employer identification number.
How long do you have to keep 941 returns?
Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction.
How long does an employer have to keep W 2?
The IRS orders business owners to keep these documents on file for up to four years. Many employers choose to keep them longer just in case, but the federal requirement when it comes to Copy D (employer copy) W-2 forms, the general rule is a minimum of four years.
Is there any reason to keep old tax returns?
You probably learned that you should keep a tax return for at least three years after filing it. The reason for the three-year answer is that the IRS has up to three years to audit you and assess additional taxes. The IRS can go back six years when more than 25% of income was omitted from the tax return.
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