The Importance of a Payroll Approval Workflow
Payroll approval workflows are important as they provide a structured process to review and validate salary adjustments, minimize errors, uphold company policies, ensure accountability and mitigate risks associated with unauthorized changes. Learn how the Doeren Mayhew team can help you with your payroll approval workflows.
Top Payroll Trends for 2025: Staying Ahead of the Curve
Workplace dynamics are ever moving, forcing business owners and HR leaders to adapt. Furthermore, talent shifts, compliance challenges and technological advancements are leading the charge and changing the way we do business. Leaders who keep on top of emerging payroll trends and proactively identify ways to make their team more efficient could welcome a competitive […]
Complying With Payroll Record-Keeping Requirements
Payroll record keeping is important for every business, regardless of its employee size. But with all the forms, documents and regulatory agencies’ requirements, it can quickly become overwhelming for most employers. To avoid regulatory and legal scrutiny, it must be made a priority. Federal Requirements First, it’s imperative an employer comply with the federal Fair […]
The Importance of Pay Statement Compliance
Employers can face several potential compliance risks as they navigate pay statement disclosure requirements on a state-by-state basis. These risks include government audits, litigation, penalties and potential reputational harm. That’s why it’s critical to understand the importance of pay statement compliance to avoid its costly penalties. Below we discuss the components of an effective pay […]
IRS Announces Some Amended Employment Tax Returns Can Be E-Filed
The IRS recently announced that certain amended employment tax returns can now be electronically filed using the Modernized e-File (MeF) program. Historically, paper filing was the only option. Which Amended Returns Can Be E-Filed? The following amended returns can be e-filed using the new program: Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return Form […]
Michigan’s Minimum Wage Will Reach $12 in 2028
A recent ruling will result in increases to Michigan’s minimum wage and tipped minimum next year. The Michigan Supreme Court elected to reinstate two ballot initiatives, both previously adopted by the state legislature and subsequently watered down. The Michigan Paid Sick Leave Initiative and the Michigan Minimum Wage Increase Initiative were adopted by the Republican-controlled […]
Unveiling Phantom Employees & Its Costly Payroll Impact
The concept of a “phantom employee” is one that all business owners and HR professionals should be aware of. Phantom employees could be as innocent as individuals who have passed away and accidentally kept in the payroll system, but they are most commonly fraudsters manipulating the payroll system. This issue can arise due to administrative […]
Streamlining Operations Through Payroll Integrations
In today’s fast-paced business environment, efficiency is key. As companies strive to optimize their operations and reduce administrative burdens, one area that can significantly benefit from being streamlined is payroll. Integrating payroll with other business systems can transform how your business handles its finances, employee management and compliance. Payroll integration is the process of connecting […]
5 Common Misconceptions of a Midyear Payroll Switch
Are you dissatisfied with your payroll provider but worried about the complexities of switching to a new one? Many businesses believe the only time they can change payroll providers is the end of the calendar year and running their first payroll in January. The truth is, the middle of the year can also be a […]