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IRS Fine on Public School Illustrates Importance of Payroll
An ongoing public dispute regarding payroll tax fines appears to be coming to an end–but it hasn’t been pretty. In February, 2016, the Three Forks school district voted to pay roughly $37,000 in fines related to a routine audit that revealed errors in the school’s payroll reporting. This $37,000 actually represents a significant discount, as the original fine was nearly $50,000! Despite this generous “discount” that the school district... -
Automate your Timekeeping with Precise Payroll
The days of punching in and punching out on a timecard have come and gone. Automated, electronic timekeeping is now the norm—and we’re running down our top three reasons why. #3: The times are a-changin’ Like almost every other form of paper-based record keeping, timecard based timekeeping is slow, inefficient and prone to errors. In short, the computer has replaced the pen in most professional settings, and electronic timekeeping...