The Top 10 Common Payroll Pitfalls - & How To Avoid Them
Description: Too often, it’s easy to overlook the minutiae of payroll processes, which can result in costly errors and time-consuming corrections. Even the smallest of payroll slip-ups can snowball into long-term issues and increased expenses, especially if those mistakes continually occur. Seemingly minor reconciliations such as correcting W-2s, amending tax returns, or adjusting for late deposits—can waste time and valuable resources. Additionally, some blunders make organizations vulnerable to regulatory fines and penalties.