ASAP Payroll BLOG
What Is an Indiana SUTA Number?
SUTA stands for State Unemployment Tax Act in Indiana. This is the law that requires employers to pay into the unemployment compensation system. Employer contributions are added to the Indiana Unemployment Benefit Trust Fund, which then funds unemployment compensation for qualified applicants. The standard rate for new employers is currently 2.5% of the first $9500 that an employee earns. ...
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A Complete Guide About Setting Up EFTPS
EFTPS stands for Electronic Federal Tax Payment System. It is a tax-payment federal system that assists businesses in paying taxes online. Today, more than 12 million businesses and individuals use EFTPS. They can use the system to pay a variety of fees. It includes federal employment taxes, income taxes, and corporate taxes. Every business owner ...
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Indiana’s INTIME System Helps Employers Keep Tabs On Payroll
The state of Indiana has taken steps to ensure its tax system is as modernized as it possibly can be. What this means is that the state has developed something known as the Indiana Taxpayer Information Management Engine (INTIME). It is the Indiana Department of Revenue’s attempt to modernize the way that Indiana residents pay their ...
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How To Set Up Your INTIME Tax Account for Indiana Businesses
If you’re a business owner in Indiana, you should be well-versed in your state’s required taxes. But if you’re like most people, paying taxes isn’t any fun! Even if you like doing your taxes, the process can seem daunting if you’re starting a business for the first time. This guide focuses on setting up your ...
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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 of 2020 has led many companies to examine the way that they pay and take care of their workers. Indeed, many are having to consider measures such as pay raises and increased frequency of pay as benefits that they can ...
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Tips for Payroll Processing and Benefits Processing for Union Employees
If you’re a business owner whose employees belong to unions, it’s important to be familiar with the payroll processing and benefits management process. Unions have their own specific set of rules and regulations that must be followed when paying employees and managing benefits. We’ll look at some basics around processing payroll and administering union benefits ...
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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 to Read Your W-2 Form for Timely Tax Filing
The tax season is a busy time for everyone, including salaried employees who need to
Mastering the Indiana Wage Landscape: Minimum, Tipped, and Overtime Rates
If you’re an employer in Indiana, it’s important to understand Indiana Minimum Wage and how
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
What are Upcoming Trends for 2024 Building Company Culture?
How do you plan to enhance your company culture in 2024? Many companies are looking