ASAP Payroll BLOG
5 Ways HR Technology Can Save Your Business Time and Money
With inflation hitting record highs and widespread talk of an impending recession rife, businesses are trying to reduce expenses without sacrificing competitiveness. More often than not, the first place to look in this endeavor is the human resources (HR) division. Taking into account how technology has transformed how human resources departments operate, integrating technology to ...
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Out-Of-State Remote Workers and Business Tax: How It Works
Factoring in the global pandemic, many companies have quickly embraced remote working, which generates great benefits to their bottom line and workers. However, this has also brought in the complicated matter of state and local taxes with a remote workforce. Generally, relevant tax authorities require employers to prepare and submit payroll and income taxes on ...
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Increase in the Optional Standard Mileage Rate Provides Relief for Drivers
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?
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
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?
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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Demystifying Employee vs. Independent Contractor
An employee and independent contractor (self-employed) may do comparable work for your company; however,
Understanding Human Capital Management: What You Need to Know
Human capital management (HCM) is what keeps a company running smoothly. Human capital is the
Out-Of-State Remote Workers and Business Tax: How It Works
Factoring in the global pandemic, many companies have quickly embraced remote working, which generates great
Labor Law Posting Requirements for Kentucky Employers
Kentucky employers are required by law to post certain posters regarding state, federal, and sometimes
Kentucky Minimum Wage & Overtime Salary Requirements
Navigating complex state and federal wage and hour laws can be especially challenging for small