ASAP Payroll BLOG
Increase in the Optional Standard Mileage Rate Provides Relief for Drivers
June 16, 2022
On June 9, 2022, the Internal Revenue Service (IRS) announced that it will boost the optional standard mileage rate for business travel for the last six months of 2022. Effective July 1, 2022, the rate will be 62.5 cents per mile, up 4 cents from the rate set at the beginning of the year. This ...
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PEO Vs. Payroll: What Are the Differences?
June 13, 2022
Outsourcing an important business process such as payroll is not a new practice for small business owners. With the constant need for accuracy and efficiency in undertaking payroll responsibilities, small business owners find they need support. This has given rise to outsourcing to Professional Employer Organizations (PEOs) and Payroll Service Providers (PSPs), who help minimize ...
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Choose Your Service Provider Carefully to Prevent Payroll Fraud
June 6, 2022
You’ve worked hard to make your business a success. But, you didn’t get there all alone. In fact, you fully understand the importance of delegating responsibilities to get things done. One of the things that you may choose to outsource to a third party is payroll. A professional payroll service provider is an invaluable asset ...
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Is it Possible to Pay Employees in Cryptocurrency?
June 2, 2022
As the popularity of cryptocurrency grows, more and more businesses are considering whether or not to start paying their employees in crypto. Before making the switch, there are a few things to consider, like the volatility of cryptocurrency and the potential for scams. But there are also some compelling reasons to pay employees in crypto, like ...
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How to Create a PTO Policy That Works for Everyone
May 12, 2022
Personal time off (PTO) is a critical benefit to offer employees who come to work for you. Employees appreciate the chance to take some time off work without losing out on their pay, and employers can benefit from re-energized employees who return from their time off more focused and productive than they were before. What ...
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The Ultimate Guide for Quarterly Tax Filing Requirements for Indiana Employers
May 10, 2022
Self-employed taxpayers and most employers likely need to pay quarterly tax payments to make it simpler to meet key IRS deadlines. The estimated quarterly taxes require filing four times every year and may seem like a chore. Still, it is the best way to soften your tax burden if you project the payments correctly. Once ...
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ASAP Payroll vs Primepay – Comparing Personalized Service to National Reach in Payroll Providers
Hiring employees to process payroll and manage HR functions requires money that many small business
Certified Payroll: Is This The Way That All Modern Businesses Should Operate?
The ongoing labor crunch that has been in full swing since at least the summer
9 Benefits of Mobile Timekeeping for Construction and On-Site Jobs
Mobile timekeeping has revolutionized the construction and on-site job industries. There are many advantages of
Understanding Employee Attrition Rate and Its Importance for Your Business
An employee attrition rate is simply the percentage of workers who leave a company during
How Automation of Time Tracking Makes Job Costing Easier
Job costing is a project-based accounting tool that helps you determine the cost and profitability