Employee retention is a challenge for employers, particularly when trying to keep younger employees happy. Some of the “perks” may not be as appealing as they once were, as employees are often looking for unique benefits. Depending on the industry your business operates in, you may have people looking for alternative payment methods. The traditional… Read more

The Treasury Department and IRS issued Notice 2023-13 on February 6, 2023, affecting tipped employees in the service industry. This notice outlines a proposed revenue procedure establishing the Service Industry Tip Compliance Agreement (SITCA). The proposed program creates a voluntary reporting relationship between the IRS and employers in the service industry, outlines guidance, and requests… Read more

To Payality’s Clients and Partners, We are pleased to inform you that Payality has been acquired by Payroll People, Inc., also known as PPI Business Services.  Payroll People (www.payrollpeople.com) recently celebrated 40 years of business excellence and is one of the largest independently owned human capital management providers in the country. Payroll People also includes… Read more

Paycheck Protection Program (PPP) Loans Existing PPP Loans Business expenses paid for with the proceeds of PPP loans are tax deductible.  This is a significant tax savings for employers. Increases simplified forgiveness to loans of up to $150,000.  It is assumed that the recently released 1 page 3508S forgiveness application will be revised (It is… Read more

Payality’s Payentry New Hire solution will eliminate the paper-based hiring process by completely automating new employee onboarding.  Click here to see a video preview of the solution Employees will receive an email with a customized link to complete all of their new hire documents online. Clients will have the option to add custom documents, including… Read more