News & Announcements
Nothing will eat you up faster than not paying your payroll taxes. Thought I’d just lead with that simple truth – after all, these are deadly payroll sins we are talking about. Sadly, this sin is one that I’ve seen time and time again, and as is the case with so many sins, it often starts off with good intentions and rarely does it begin with the intent to evade taxes.
“. . . I know who I WAS when I got up this morning, but I think I must have been changed several times since then."
(Alice's Adventures in Wonderland, Chapter 5)
So why is change a sin in payroll? Because change is to payroll like food is to the body: necessary for continuation, but when lacking or taken to excess – it has the power to destroy.
All employees are workers, but not all workers are employees.
Without a doubt, worker misclassification is one of the most common sins of payroll. I’ve found that it is quite often done out of desire to accommodate a worker’s wishes rather than an attempt to circumvent payment of employment taxes. Unfortunately, the intent to help a person out does not negate the potential for penalties.
Complete Payroll Services is locally owned and based in Little Rock, Arkansas. CPS offers payroll, timekeeping, and human resources to companies in all 50 states, and we can help almost every size and type of company benefit from payroll outsourcing. Our experienced team includes two Certified Payroll Professionals – so you can be confident that we stay abreast of the latest tax changes and technological advances.