After-tax deductions
What Are Post-Tax Deductions? Definition of Post-Tax DeductionsPost-tax deductions, also known as after-tax deductions, refer to the amounts subtracted from an employee’s paycheck after taxes and any applicable pre-tax deductions have already been withheld. These deductions may be optional, like Roth 401(k) contributions, or mandatory, such as garnishments ordered by a court. Understanding the Role […]
Mastering Payroll: Essential Concepts and 10 Key Steps to Ensure Accurate Processing
In simple terms, payroll processing refers to the steps employers take to calculate and deliver wages to their employees. This includes determining earnings, applying deductions, withholding appropriate taxes, and ensuring employees receive their pay accurately and on schedule. Even if your business only has one employee, running payroll is a non-negotiable task. While it may […]
10 Smart Payroll Moves to Stay on the IRS’s Good Side in 2025, Powered by Beyond
Smart Tax Tips: 10 Ways Small Business Owners Can Stay on the IRS’s Good Side in 2025 Running a small business means juggling daily operations, financial responsibilities, payroll, and taxes, all at once. While most individuals won’t draw much attention from the IRS, small business owners with high earnings are often more visible on the […]
Understanding IRS Lookback Periods: A Complete Guide to Payroll Deposit Timing with Beyond
Mastering IRS Lookback Periods: What Employers Need to Know About Payroll Deposit Timing with Beyond Did you know that IRS lookback periods are crucial for determining when your business must deposit payroll taxes? If you’re unfamiliar with them, it’s worth your time to get up to speed. That’s because, as an employer, it’s your duty […]