2012 President’s Day – Bank Holiday

by BPSAdmin @ Business Payroll Solutions

Fri Feb 10 08:32:37 PST 2012

This year President’s Day falls on Monday February 20th. Keep in mind this holiday is observed by the banks and therefore will be closed Monday. For companies that have a payday that falls on Monday February 20th, make sure you talk to you payroll processor about moving your payday up. Payrolls can be moved up [...]

It’s time payment systems caught up with the demands of the gig economy

by rapid! PayCard @ rapid! PayCard

Tue Feb 13 16:10:28 PST 2018

Is your payment system ready for the gig economy or are you just a big wannabe? According to a Forbes article, 35 percent of the workforce have a gig, and collectively they earned $1 trillion from ad hoc work last year. But, freelance workers, who have come to expect payment as instantaneous as their work, are turning their noses up at outdated companies that can’t keep up. If you’re still mailing checks, might as well be using the Pony Express as far as tech-savvy gig workers are concerned. We are on the precipice of a major sea change, and the traditional employment model is quickly becoming as outdated as the... Read More

Forget the Cheque in 2016

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Mon Jan 18 09:47:28 PST 2016

There are many reasons why replacing cheques with electronic payments not only makes business sense but, also saves cents. We want to share some of these reasons with you in our new Q + A series featuring businesses that have made the move to forget the cheque. Meet Cynthia Wing, of Wings Bookkeeping located in […]

Bank Holiday on Monday, February 19, 2018

by The Advantage Team @ Mass Advantage Payroll

Wed Feb 07 08:05:11 PST 2018

This is a reminder that banks are closed on Monday, February 19, 2018, to observe Presidents’ Day; Advantage offices are open. If you normally report payroll on this day, please be prepared to reschedule your appointment when you report your next payroll. If a February 19 check date is sent before 7:00 p.m. ET on […]

Freedom of Choice & Financial Literacy: Why TruCash Is The Innovative Payment Solution For First Nations Communities

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Tue Mar 06 10:05:23 PST 2018

DCR Strategies Inc. has created a reloadable payment product for First Nations communities across Canada that streamlines payment distribution and reduces administration time and cost. The TruCash card eliminates issues related to...

The post Freedom of Choice & Financial Literacy: Why TruCash Is The Innovative Payment Solution For First Nations Communities appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

Schedule a Check-up for Your Financial Life

by rapid! PayCard @ rapid! PayCard

Fri May 05 09:13:33 PDT 2017

Most of us are diligent about maintaining the various aspects of our life. We swap out the batteries on our smoke detectors with regularity; we schedule annual physicals, and get our car’s oil changed based on the manufacturer’s mileage recommendation. Still, many of us tend to take better care of our cars than we do our financial life. The irony being, an un-tended financial life can break down just as assuredly as an under-serviced automobile. It can run out of gas, but it can also seize up and need a roadside tow. In short, a well-examined financial life is worth exploring. 1. Schedule. Set a recurring point in time for... Read More

Service Credit Union named top CU Direct auto lender

by Lori Holmes @ Service Credit Union

Fri Feb 23 08:19:49 PST 2018

Service Credit Union (SCU) was named the top auto lender in the New England/New York region and 10th nationally for 2017 by CU Direct. CU Direct works with auto dealers and credit unions throughout the U.S. to streamline the auto buying process. Last year, the credit union funded more than 21,000 auto loans at approximately […]

Service Credit Union Names VP of Marketing

by Lori Holmes @ Service Credit Union

Tue Jan 30 09:28:20 PST 2018

Service Credit Union is pleased to announce today the appointment of Wendy Bryant-Beswick to Vice President of Marketing. A seasoned executive with more than 20 years of marketing management experience, Beswick will oversee the planning and execution of Service Credit Union’s marketing initiatives including positioning, brand oversight, acquisition, communications, public relations, and business development. She […]

Non-Processing Days That You Need to Know

by Lyn Walker, Marketing Manager @ Payroll Direct Deposit – Telpay Blog

Mon Nov 23 10:45:27 PST 2015

At Telpay, we do not process payments on statutory holidays. We refer to these holidays as non-processing days. Due to the nature of our service, we rely on banks and credit unions to move money.  When the banks close for the holidays, Telpay cannot process any payments.  If your payment is on or around a holiday (non-processing day), you […]

How To Be Financially Smart At Any Age

by Kara Vincent @ LRRCU

Thu Aug 31 08:18:27 PDT 2017

  As you go through the stages of life what it means to be “financially smart” will change. A smart financial move when you’re approaching your 40s is not the same as a smart financial move for a 19-year-old in college. At 40, there are more things to consider when making decisions about your money, […]

The post How To Be Financially Smart At Any Age appeared first on LRRCU.

Apple Pay Cash is Now Live — How Does it Work?

by rapid! PayCard @ rapid! PayCard

Tue Feb 13 15:11:25 PST 2018

Learn everything you need to know about the new Apple P2P payment system That one friend, the one who still hasn’t repaid you for pizza because he “doesn’t have the right app,” is in trouble. Today, iPhone users can access what experts in the tech industry are calling “the Venmo Killer”: Apple Pay Cash. Apple Pay cash is a P2P payment service which allows users to send and receive payment through iMessage The days of P2P fragmentation are over. Thanks to Apple Pay Cash, all money transfers can take place through a central, default iOS application, and ultimately unify all P2P transactions under one secure, and intuitive, system. How to... Read More

What Is an FEIN?

by Mike Kappel @ Payroll Tips, Training, and News

Mon Feb 26 05:10:00 PST 2018

When you run a business, you must meet many IRS requirements. You might need an FEIN to identify your business on documents like payroll tax forms. What does FEIN mean? What is an FEIN? FEIN is an acronym for Federal Employer Identification Number, also known as an EIN. This unique, nine-digit number is used by […]

The post What Is an FEIN? appeared first on Payroll Tips, Training, and News.

Consult This Employee Termination Checklist to Keep Things Running Smoothly

by Rachel Gray @ Payroll Tips, Training, and News

Wed Mar 07 05:10:00 PST 2018

Employees leave companies every day to pursue growth opportunities, accommodate personal lives, or experience change. As an employer, you hope employees won’t leave your business, but you know this is wishful thinking. When an employee resigns, you need to know what to do. The average annual overall turnover rate is 19%, according to SHRM. If […]

The post Consult This Employee Termination Checklist to Keep Things Running Smoothly appeared first on Payroll Tips, Training, and News.

Telpay Hosts a Payments Panel at IPBC Ignite 2017

by Telpay Incorporated @ Telpay Blog

Mon Aug 21 14:12:14 PDT 2017

We’re excited to announce that at the upcoming Institute of Professional Bookkeepers of Canada (IPBC) National Conference – Ignite 2017 – in Richmond Hill, ON, Telpay will be hosting an exciting roundtable featuring thought leaders in the payment and business industry! IPBC is a member based association to help bookkeepers become more successful and gain […]

Answers to 18 Payroll Questions You Are Dying to Ask

by Rachel Gray @ Payroll Tips, Training, and News

Mon Mar 05 05:10:18 PST 2018

For some business owners, running payroll might be like learning a foreign language. You are a master of your business idea, not the administrative responsibilities that come with it. Because you might not be familiar with these responsibilities, you might have some payroll questions. Payroll questions and answers When you become an employer, you need […]

The post Answers to 18 Payroll Questions You Are Dying to Ask appeared first on Payroll Tips, Training, and News.

Enjoy a Frosty Root Beer, a Teen Burger and Approving Payments on Your Smart Phone

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Fri Mar 14 15:06:26 PDT 2014

Since 1978, the D’eon Family have owned the A&W Restaurant on the Crowsnest Highway near Fort Macleod, Alberta. A&W Food Services of Canada is Canada’s second-largest fast food burger restaurant chain with over 800 locations. When Dave’s father ran the restaurant ‘everything was paper’ at least where the accounting was concerned. Back in those days, […]

Will the Courts Accept a Jury Duty Excuse Letter If You’re in a Pinch?

by Rachel Gray @ Payroll Tips, Training, and News

Mon Mar 19 05:10:23 PDT 2018

Sometimes, you or your employees’ personal responsibilities conflict with your business. For many small businesses, if you miss work or lose an employee for an extended period of time, there can be harmful effects on productivity in the workplace. But if you or an employee are called in for jury duty, you might not have […]

The post Will the Courts Accept a Jury Duty Excuse Letter If You’re in a Pinch? appeared first on Payroll Tips, Training, and News.

Bitcoin Benefits And Why Cryptocurrency Is The Future of Finance

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Mon Mar 12 09:11:46 PDT 2018

  In our first post on Bitcoin, Bitcoin, Blockchain, and Cryptocurrency: What You Need To Know, we explained what Bitcoin is, how it works, the technology behind it, and how you can...

The post Bitcoin Benefits And Why Cryptocurrency Is The Future of Finance appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

Ways to prevent identity theft so you can enjoy the holiday season

by Dave Dwyer @ Service Credit Union

Fri Nov 10 09:21:46 PST 2017

As the holiday season gears up with a mad rush of excitement, fraudsters are also gearing up with excitement to steal your identity. Take the necessary precautions to protect yourself whether you are shopping online or at a brick and mortar store. Enjoy the holidays as they are meant to be, with peace, joy, and […]

Here’s How to Improve Your Credit Score Faster

by Paul Sisolak @ Chime Banking

Thu Mar 08 14:44:08 PST 2018

Good things may come to those who wait, but time isn’t on your side if you’re struggling to raise your credit score quickly. More than 30 percent of Americans have poor credit, and if you’re one of them it can be hard to improve it. Many people aim for a credit-building secured credit card, but it could […]

The post Here’s How to Improve Your Credit Score Faster appeared first on Chime Banking.

Are You Ready for Retirement?: Essential Information on IRAs and 401(k)s

by Kara Vincent @ LRRCU

Tue Aug 22 03:05:44 PDT 2017

While you’re young, you may not be thinking about saving for retirement. You’re probably more focused on paying off student loan debt, searching for a job, or buying a house. But, starting to save for your financial future early will only benefit you in the long run. Start your retirement planning as early as you can. Think […]

The post Are You Ready for Retirement?: Essential Information on IRAs and 401(k)s appeared first on LRRCU.

How Telpay’s Debit Funding Option Works

by Telpay Incorporated @ Telpay Blog

Wed Oct 18 12:59:32 PDT 2017

You have decided to make a payment(s) using Telpay’s services; the next important decision is how you will fund the payment(s). You can either fund your payments by debit (Pre-Authorized Debit), where Telpay automatically pulls the funds from your bank account or through online banking (bill payment or direct transfer), where you push funds to […]

Employee Incentives: How Employee Appreciation Leads to Better Sales

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Wed Mar 07 10:46:41 PST 2018

When it comes to brand advocates, the biggest and best champions of your business are right in front of you: your employees. A happy, engaged employee is focused on the health and...

The post Employee Incentives: How Employee Appreciation Leads to Better Sales appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

SCU to offer assistance for those affected by a government shutdown

by Lori Holmes @ Service Credit Union

Sat Jan 20 05:00:06 PST 2018

Service Credit Union is committed to helping its members who are affected during the government shutdown. For those with direct deposit, Service Credit Union will post credits to members based on the postings nearest to January 1, 2018. The credit of that amount will take place on or before February 1, 2018. This will apply […]

2012 Thanksgiving Payroll Schedule

by BPSAdmin @ Business Payroll Solutions

Thu Nov 15 06:07:50 PST 2012

Paycheck Date: Process Payroll By: Account Debited On: Employees Paid: Wednesday 11/21 Monday 11/19 Tuesday 11/20 Wednesday 11/21 Friday  11/23 Tuesday 11/20 Wednesday 11/21 Friday 11/23 Monday 11/26 Wednesday 11/21 Friday 11/23 Monday 11/26   Your payroll processor will have more details for you regarding the holiday and how it could affect your payroll.  

The Right Payment Fit For You!

by Cheryl Mains, Marketing Coordinator @ Telpay Blog

Wed Jan 31 16:52:59 PST 2018

Telpay’s all-in-one payment system, Telpay for Business has more features than you may know. Which features are you using and which ones are you not? More importantly, which features are the right fit for you and your business? For example, Telpay for Business not only processes payroll direct deposit but it also allows you to make […]

The Thanksgiving Tradition Continues at Advantage

by The Advantage Team @ Mass Advantage Payroll

Tue Nov 21 09:24:32 PST 2017

Owner Bruce Patz continues the 20-year tradition of giving each staff member a fresh Thanksgiving turkey. A big thank to Bruce and Bob’s Turkey Farm in Lancaster, MA. Bob’s Turkey farm is a family owned and operated business. Robert Van Hoof started this business in 1954 with just 125 turkeys.  Bob is now retired, but […]

Getting Out of Debt: You Can Do It and Here’s How to Get Started

by Liz Oliver @ LRRCU

Thu Jan 18 03:41:02 PST 2018

Most goals or resolutions that people set for themselves are neglected within a few weeks. It’s likely that this happens because people set far-reaching goals for themselves and then lose momentum when they don’t see results right away. A perfect example of this is the financial goal that many people set for themselves: getting out […]

The post Getting Out of Debt: You Can Do It and Here’s How to Get Started appeared first on LRRCU.

2013 Annual Retirement Plan Limits

by BPSAdmin @ Business Payroll Solutions

Fri Oct 19 09:28:00 PDT 2012

Ages 49 and below Age 50 and above 401K Employee Deferrals $17,500 $23,000 Profit Sharing $51,000 $56,500   Annual Compensation Limit $255,000 Highly Compensated Employee $115,000 Officer as Key Employee for Top- Heavy $165,000   Please keep note of these new limits for retirement planning. Your payroll processor needs to have this information. Please contact [...]

5 Creative Habits That Will Keep Your Finances On Track

by Ben Luthi @ Chime Banking

Tue Mar 27 13:29:00 PDT 2018

Improving your financial situation may seem as easy as saving more money and decreasing your expenses. But here’s the thing: if you want to see long-term improvements, you’ve got to first establish some good financial habits. This will help you both get on the right track and achieve your money goals. Financial habits are really […]

The post 5 Creative Habits That Will Keep Your Finances On Track appeared first on Chime Banking.

Building Relationships With Electronic Payments

by Jason Olson, CMA, VP Strategic Partnerships @ Payroll Direct Deposit – Telpay Blog

Mon Mar 17 00:36:43 PDT 2014

Everyone likes getting paid. When your business uses electronic systems to send money directly into bank accounts, it says a lot. I once had a client tell me; ‘When I send money electronically, it makes my business look more professional, as if we are bigger than we are.’ As some of you may know, Telpay’s […]

Getting Started with Payroll Direct Deposit

by Telpay Incorporated @ Telpay Blog

Tue Sep 19 05:47:25 PDT 2017

After making your first step into the world of electronic payments with Telpay, you are ready to get started with payroll direct deposit. Stepping into a new world of making your payroll payments by direct deposit instead of your routine cheques is simple. All it takes is four steps, and you are on your way […]

A Look at Federal, State, and Local Minimum Wages

by Mike Kappel @ Payroll Tips, Training, and News

Wed Mar 21 05:30:00 PDT 2018

You can’t just pay your employees any amount you want. You must follow federal, state, and local laws that set minimum wages. What is minimum wage? Minimum wage is the lowest amount you can pay an employee per hour of work. You can pay more than the minimum wage, but you should never pay less […]

The post A Look at Federal, State, and Local Minimum Wages appeared first on Payroll Tips, Training, and News.

Hello world!

by professionalpay @ Professional Payroll

Thu Feb 25 22:07:51 PST 2016

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

Service Credit Union offers free access to FICO® Scores

by Lori Holmes @ Service Credit Union

Mon Feb 05 13:55:02 PST 2018

In its continuing efforts to enhance member experience and provide innovative banking tools, Service Credit Union is now providing its members free access to their FICO® Scores. This includes key factors affecting their scores and general information on credit scores. . The scores, which will be updated quarterly, are available through Service Credit Union’s secure […]

How P2P Payment is Changing Personal Finance

by rapid! PayCard @ rapid! PayCard

Wed Sep 13 13:18:58 PDT 2017

Emerging Peer-to-peer payment technology is growing in popularity, and will soon make back-of-napkin IOUs obsolete. Peer-to-peer payment, also known as P2P payment, is online technology that allows users to transfer funds from a bank account or credit card via the internet or mobile phone. One study found that nearly a quarter of mobile users sent money to another person from an app in 2016 — this statistic nearly triples when it comes to the millennial generation. The growing trend of P2P payment is just another chapter in 21st century technological augmentation of traditional services. Whether it’s ridesharing, online shopping, or P2P payment, consumers are foregoing tradition, and choosing digital alternatives... Read More

July 4th Payroll Schedule Changes

by BPSAdmin @ Business Payroll Solutions

Wed Jun 27 10:29:10 PDT 2012

July 4th Payroll Schedule Changes Paycheck Date: Payroll Processed by: Account Debited: Employees Paid on: Tuesday 7/3/12 Friday 6/29/12 Monday 7/2/12 Tuesday 7/3/12 Wednesday 7/4/12 Friday 6/29/12 Monday 7/2/12 Tuesday 7/3/12 Thursday 7/5/12 Monday 7/2/12 Tuesday 7/3/12 Thursday 7/5/12 Friday 7/6/12 Tuesday 7/3/12 Thursday 7/5/12 Friday 7/6/12 Be sure to have all time entered or [...]

IRS Announces 2018 Filing Season Opens January 29, Reminds Taxpayers About Delayed Refunds

by The Advantage Team @ Mass Advantage Payroll

Fri Jan 05 11:28:19 PST 2018

Kelly Phillips Erb – Forbes The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 29, 2018. The IRS will begin accepting paper and electronic tax returns that day, with more than 155 million individual tax returns expected to be filed in 2018. This is a week later than had been widely […]

Telpay Sponsors Black Swans

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Mon Feb 10 10:42:19 PST 2014

Telpay is proud to sponsor Melissa Michalski B.Comm (Hons), CPB and Bea Dabrowski, BA, CPB of the CertPro Accounting Team Inc, who were accepted into the Institute of Professional Bookkeepers of Canada (IPBC) prestigious Black Swan 2 Project. Jason Olson, Vice President of Strategic Partnerships stated: “The Black Swan program is tough to get into.  […]

Should You Offer a Nonqualified Deferred Compensation Plan?

by Mike Kappel @ Payroll Tips, Training, and News

Mon Mar 26 05:10:00 PDT 2018

You know employees like employer-sponsored benefits. As an employer, offering benefits is advantageous for your business, too. A nonqualified deferred compensation plan is one type of benefit that both you and your employees can enjoy. Find out what a nonqualified deferred compensation plan is, why you might consider offering it, and how to set it […]

The post Should You Offer a Nonqualified Deferred Compensation Plan? appeared first on Payroll Tips, Training, and News.

How to Save Money When You Get a Windfall of Cash

by Jackie Lam @ Chime Banking

Mon Mar 19 16:02:11 PDT 2018

Ah, there’s nothing quite like receiving a windfall of money. It may come by way of an unexpected inheritance, a work bonus or a job promotion. And depending on how you spend it, that sweet bit of extra cash may leave you feeling either relaxed or stressed out. While it’s tempting to spend it immediately, […]

The post How to Save Money When You Get a Windfall of Cash appeared first on Chime Banking.

Should Businesses Stop Accepting Cash?

by rapid! PayCard @ rapid! PayCard

Fri Aug 18 12:08:23 PDT 2017

Visa is paying out a jackpot to vendors willing to bet against old money, and roll the dice on cashless transactions. Visa will give $10,000 to 50 restaurants that pledge to go cashless. The new initiative, what Visa executive Jack Forestall calls “a journey to go cashless,” will incentivize vendors to rip off the bandaid of paper transactions and progress to a cashless system. The money can be used for marketing and updating point of sale technology to focus payment exclusively on credit and debit cards and electronic payment. Visa will select participating merchants in August. Cash remains the predominate method of payment, according to the Federal Reserve. A report... Read More

Advantage Welcomes Dogtopia to the Family

by The Advantage Team @ Mass Advantage Payroll

Tue Jan 16 13:34:10 PST 2018

Bruce visits with our new client and takes a moment to chat about the world of dogs with William Polk from Dogtopia in Stoughton. Check them out at Dogtopia.com

4 Financial Resolutions To Start Any Day of the Year [Downloadable Family Budget Worksheet]

by Kara Vincent @ LRRCU

Thu Dec 28 00:09:30 PST 2017

Who says resolutions have to start on New Year’s Day?  Get yourself started whatever day you feel inspired.  Here are few important financial goals that you can begin whether it’s January 1, August 1 or a random Tuesday in November. #1: Look at the Financial Big Picture – Use Our Family Budget Worksheet You feel […]

The post 4 Financial Resolutions To Start Any Day of the Year [Downloadable Family Budget Worksheet] appeared first on LRRCU.

Pay Utilities (and more) with Telpay

by Telpay Incorporated @ Telpay Blog

Mon Sep 18 12:21:59 PDT 2017

Have you ever missed a bill payment deadline? Have you come into the office one morning, only to see a “Payment Overdue” email waiting for you? It happens. Busy schedules prevent us from going to the bank, or if a payment date falls on a day we’re away from the office. That’s what makes Telpay […]

Service Credit Union to offer assistance for those affected by a Government Shutdown

by Lori Holmes @ Service Credit Union

Wed Dec 06 08:39:27 PST 2017

Service Credit Union is committed to helping its members in the event of a government shutdown by covering the December mid-month payroll and offering a 0% loan. If the shutdown occurs and the Defense Finances and Accounting Services (DFAS) does not pay mid-month payrolls, Service Credit Union will post credits to members based on the […]

7 Habits That Will Help You Lead a More Successful and Productive Life

by Due.com @ Chime Banking

Tue Mar 13 15:54:24 PDT 2018

Regardless what path in life you’re on, your habits will dictate your success. They can empower you to achieve your goals just as easily as they can derail you. That said it’s just as important to focus on maintaining good habits as it is to rid yourself of the bad ones. In this article we’ll cover […]

The post 7 Habits That Will Help You Lead a More Successful and Productive Life appeared first on Chime Banking.

Great Money Resolutions for the New Year

by Carolyn Pittman @ Service Credit Union

Wed Dec 27 08:00:39 PST 2017

It’s that time of year again, recovering from the indulgences of the holidays, looking over the past year, breaking out the new calendar, and planning to do better in all aspects of life in the coming year. One of the most popular resolutions is to be better with money. The challenge, of course, is sticking […]

Safe Online Banking: For You & Your Money

by Kara Vincent @ LRRCU

Mon Mar 26 13:44:22 PDT 2018

From 24/7 account access to quick and easy bill paying, online banking offers members a convenient way to handle their finances. However, the rise of technology also brings an increase in potential hackers, scams, and fraud cases. Whether you’re looking to shield your small business or family’s finances, there are many strategies to stay vigilant […]

The post Safe Online Banking: For You & Your Money appeared first on LRRCU.

IRS Releases Updated Withholding Calculator And Form W-4 For 2018

by The Advantage Team @ Mass Advantage Payroll

Thu Mar 01 05:42:58 PST 2018

Kelly Phillips Erb , FORBES STAFF  Wondering whether your 2018 paycheck will result in the right amount of taxes withheld for 2018? You can check it out yourself: The Internal Revenue Service (IRS) has finally released an updated Withholding Calculator which reflects changes under the new tax law. You can find the new withholding calculator on the IRS website here. To […]

Quickbooks Payroll

by BPSAdmin @ Business Payroll Solutions

Mon Sep 17 09:56:22 PDT 2012

  Let’s Pay Employees Quickbook has the ability to process payroll electronically. The most difficult part of the process is the setup; once the company is setup with the proper agencies and assigned account numbers to pay taxes and the employees are setup, payroll is a breeze. Business Payroll Solutions can assist in the setup [...]

Federal Budget Impacts Canadian Revenue Agency (CRA) Remittances

by Chris Epp-Vollrath, President @ Payroll Direct Deposit – Telpay Blog

Thu Feb 20 14:38:47 PST 2014

On February 11, 2014, Finance Minister Jim Flaherty tabled the 2014 Federal Budget, entitled “The Road to Balance: Creating Jobs and Opportunities.” A key point for Telpay customers was the reduction in frequency of CRA Source Deduction remittances for some employers. The Budget proposed to increase the remittance thresholds for CRA Source Deduction remittances for […]

Compliance Alert: December 31, 2017 and January 1, 2018 Local Minimum Wage and Paid Sick Leave Updates

by The Advantage Team @ Mass Advantage Payroll

Fri Dec 01 07:43:45 PST 2017

Effective December 31, 2017, covered employees in the following local jurisdictions will be subject to a new minimum wage rate. The new minimum wage rates are listed below and linked to the applicable ordinance for additional details regarding coverage.  The links can be accessed by hovering over the text and clicking.   New York Jurisdictions: […]

Labor Day Payroll Schedule

by BPSAdmin @ Business Payroll Solutions

Wed Aug 29 12:44:06 PDT 2012

    Labor Day Payroll Schedule Changes Paycheck Date: Payroll Processed by: Account Debited: Employees Paid on: Friday 8/31 Wednesday 8/29 Thursday 8/30 Friday 8/31 Tuesday 9/4 Thursday 8/30 Friday 8/31 Tuesday 9/4 Wednesday 9/5 Friday 8/31 Tuesday 9/4 Wednesday 9/5 Be sure to have all time entered or time sheets sent to your payroll [...]

2018 State Minimum Wage Increases

by The Advantage Team @ Mass Advantage Payroll

Fri Nov 17 09:07:20 PST 2017

Dear Valued Client: To assist with your planning, the following indicates states with increased minimum wage rates effective January 1, 2018. Note:   The New York effective date for minimum wage changes is December 31, 2017. State Non-Tipped Employees Tipped Employees Alaska $9.84 N/A Arizona $10.50 $7.50 California $11.00 (Large ER) $10.50 (Small ER) N/A Colorado […]

How to Save Money on Your Utility Bills

by Melanie Lockert @ Chime Banking

Mon Mar 26 11:21:00 PDT 2018

Do you cringe each month when you get your utility bills? When you see a super high bill, do you wonder what happened? We’ve all been there, and high bills for gas, electricity and cable can certainly put a dent in your bank account. But all is not lost. If you want to keep your […]

The post How to Save Money on Your Utility Bills appeared first on Chime Banking.

ASP Resources

by Telpay Incorporated @ Telpay Blog

Fri Aug 25 20:52:59 PDT 2017

At Telpay, we pride ourselves on the resources we provide our customers, and if you’re an ASP, we’ve got everything you could want in one convenient spot. If you haven’t surfed through Telpay’s extensive information archive, be sure to follow this link to check out our dedicated ASP Resources page. Here, you will find an […]

TruCash: The Right Rewards Program For Travel Agents

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Tue Mar 20 07:07:00 PDT 2018

The TruCash rewards program, in conjunction with participating travel programs, has been designed to help augment travel consultants’ commissions by providing a safe and efficient method to distribute cash incentives to agents...

The post TruCash: The Right Rewards Program For Travel Agents appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

Qualifying: How to Make Sure Clients Are a Fit

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Tue May 12 13:30:51 PDT 2015

As much as we would like you to sign up all your clients with Telpay, it is also important to make sure that Telpay is a fit. That is why qualifying right off the hop is very important. Just like qualifying in sales, it’s all about asking the right questions to make sure the needs […]

How to Overcome Client’s Resistance to Change

by Telpay Incorporated @ Telpay Blog

Tue Sep 26 21:47:12 PDT 2017

Change, as they say, is necessary in the business world. Staying at the forefront, if not ahead of the bar in your industry is crucial to your continued success. When you think about this as a mantra for your business, you know instantly that this applies to your products and services; but it is just […]

The growing gig economy, and what that means for electronic payment

by rapid! PayCard @ rapid! PayCard

Fri Aug 04 11:09:31 PDT 2017

Millions of Americans have jobs with little security, no benefits and irregular pay — and they love it. The gig economy is a booming business model that has changed the way employees make money. Gig work translates entrepreneurial spirit into earnings with no strings attached — whether that is to break into a new field, earn extra income for saving and investment, or make some weekend spending money. Nearly a third of the working population have a gig, according to Investopedia. Either as a primary means of income, or as a supplementary job, gigs allow flexibility in employment for a generation characterized by adaptability. This model is especially attractive to... Read More

5 Facts About Women and Money for International Women’s Day

by Chelsea Brennan @ Chime Banking

Thu Mar 08 14:46:51 PST 2018

Did you know that only 22% of U.S. women can answer three fundamental finance-related questions correctly? It’s sad but true. While women have made significant strides to close the gender gaps in education, employment, and even wealth, the gap in financial literacy is still glaring. But, in order to even begin bridging this gap, it’s important to understand that […]

The post 5 Facts About Women and Money for International Women’s Day appeared first on Chime Banking.

LWC Rolls Out New Initiatives to Tackle Long-Term Delinquent Unemployment Taxes

by The Advantage Team @ Mass Advantage Payroll

Fri Dec 22 06:13:02 PST 2017

BATON ROUGE – The Louisiana Workforce Commission (LWC) is ramping up efforts to get employers with long-term, unpaid unemployment tax bills to settle their debts, including taking any federal income tax refunds due to the employer. Letters will go out by the end of October to an estimated 8,000 employers with delinquent Louisiana unemployment taxes […]

Benefits of Shopping With TruCash

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Fri Mar 09 11:16:35 PST 2018

For 16 years TruCash has been helping members earn more and do more with their rewards, just by shopping at their favourite brands. Now, we are pleased to announce the new-and-improved TruCash...

The post Benefits of Shopping With TruCash appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

Do You Know About the 2017 Tax Filing Extension?

by Liz Oliver @ LRRCU

Thu Mar 15 02:14:14 PDT 2018

The date April 15 is probably as quickly recognizable to most Americans as July 4 or December 25. Traditionally recognized as Tax Day, it’s the deadline for filing your previous year’s tax return.  With one month to go, you may be feeling the pressure and scrambling to get the task completed in the remaining days.  But […]

The post Do You Know About the 2017 Tax Filing Extension? appeared first on LRRCU.

What You Need to Know About a Qualifying Life Event

by Rachel Gray @ Payroll Tips, Training, and News

Mon Mar 12 05:10:40 PDT 2018

Employees have a window of time each year to sign up for certain types of employer-sponsored insurance. Although this open enrollment period takes place at the end of each year for all employees, an employee can add or remove coverage at any time of the year if they have a qualifying life event. What is […]

The post What You Need to Know About a Qualifying Life Event appeared first on Payroll Tips, Training, and News.

Service Credit Union donates to the N.H. Food Bank

by Lori Holmes @ Service Credit Union

Fri Dec 22 08:49:58 PST 2017

Service Credit Union donated $10,000 and 1,326 pounds of food to the New Hampshire Food Bank, a program of Catholic Charites NH, in order to help the citizens of New Hampshire. Service Credit Union President/CEO David Van Rossum recently presented the check to New Hampshire Food Bank Executive Director Eileen Groll Liponis to help keep […]

Why every business should consider switching to electronic payroll

by rapid! PayCard @ rapid! PayCard

Thu Oct 05 05:37:57 PDT 2017

Due to advancements in technology, utilizing payroll checks is becoming an outdated form of payment. Automated payment through direct deposit saves time and money, enhances security1, 2 and can make payday easy for employers and employees. Yet, resistance to modern banking solutions like direct deposit and paycards prevent many businesses from progressing in the 21st century. Paycard technology is growing in popularity, and as the benefits of switching to electronic payroll compound,  it becomes more difficult for businesses to avoid trying out alternative payment methods such as the rapid! PayCard. Still not convinced? Here are 3 reasons why paycheck holdouts are making the switch to a more convenient, modern, and... Read More

Successfully Plan for Holiday Shopping on a Budget [Downloadable Budget Sheet]

by Kara Vincent @ LRRCU

Wed Nov 15 04:02:02 PST 2017

‘Tis the season to be jolly! ‘Tis the season for the gifts, decorations, family, friends, and children on their best behavior. ‘Tis the season for overloaded shopping bags, impulse buying, and credit card bills. Wait! That doesn’t sound as cheery. In 2016, according to a survey conducted by The American Research Group Inc., Americans spent […]

The post Successfully Plan for Holiday Shopping on a Budget [Downloadable Budget Sheet] appeared first on LRRCU.

To My Valentine Direct Deposit

by Jason Olson, CMA, VP Strategic Partnerships @ Payroll Direct Deposit – Telpay Blog

Thu Feb 13 07:27:12 PST 2014

Why do I love my direct deposit service? Let me count the ways. It is for the same reasons that I love paying personal bills with online banking – it’s easy, ultra-convenient and recipients love it! Reason #1 – It’s Easy Businesses should always be thinking of ways to become more efficient. Sending money with […]

Correcting Employment Taxes: What to Do If You Withhold the Wrong Amount

by Rachel Gray @ Payroll Tips, Training, and News

Wed Feb 28 05:10:52 PST 2018

It’s easy to make mistakes, especially when you have a million and one things on your plate. One error you could make is deducting the wrong amount from employee wages. Correcting employment taxes is necessary if you withhold too much or too little from your employees’ paychecks. This article provides an overview of employment taxes […]

The post Correcting Employment Taxes: What to Do If You Withhold the Wrong Amount appeared first on Payroll Tips, Training, and News.

2017 FUTA Credit Reduction – How much will you owe?

by The Advantage Team @ Mass Advantage Payroll

Wed Dec 06 07:05:45 PST 2017

The U.S. Department of Labor released the listing of FUTA Credit Reduction States for 2017. The standard FUTA rate is 6.0 percent on the first $7,000.00 of wages. Employers in most states will receive a credit of 5.4 percent against the rate, resulting in net tax rate of 0.6 percent; however, California and the Virgin […]

This Is Why Research On Behavioral Finance Won the Nobel Prize

by Cat Alford @ Chime Banking

Mon Mar 12 15:50:20 PDT 2018

In October 2017, Richard Thaler got the call he’d been hoping for. After 40 plus years of economics research, he learned he won the Nobel Prize. As an economist, he faced ridicule from his colleagues for his research connecting human behavior to economics. Winning the Nobel Prize for his work in behavioral finance meant that his […]

The post This Is Why Research On Behavioral Finance Won the Nobel Prize appeared first on Chime Banking.

How to Prepare for an Interview When You’re Self-Employed

by Due.com @ Chime Banking

Tue Mar 27 13:03:23 PDT 2018

There are many myths about self-employment that people may start to mistake for fact. Working for yourself can be a great thing, but it doesn’t always mean you’ll be 100% in control of your career and the day-to-day operations. Often times, you’ll still have to work with others and may even have to please clients if you’re […]

The post How to Prepare for an Interview When You’re Self-Employed appeared first on Chime Banking.

DOL Announces New Standard for Unpaid Interns

by The Advantage Team @ Mass Advantage Payroll

Tue Feb 20 08:04:08 PST 2018

OVERVIEW On Jan. 5, 2018, the U.S. Department of Labor (DOL) announced that it would adopt a new standard for determining whether interns and students are “employees” who must be paid under the Fair Labor Standards Act (FLSA). The DOL clarified that, going forward, it would abandon its six-part test and instead adopt the “primary […]

Telpay Adds to its Growing List of Payroll Providers

by Telpay Incorporated @ Telpay Blog

Thu Dec 28 09:38:10 PST 2017

Telpay is pleased to officially announce that we have added the PayTickr mobile time tracking and payroll solution to our expanding payroll partner roster. PayTickr provides an easy-to-use, mobile time tracking and online payroll system for existing and new Telpay clients. Its integration with Telpay for Business™ delivers a comprehensive, all-in-one payroll and payment system, […]

Who is Still Using Paper Cheques?

by Guest Contributor @ Telpay Blog

Wed Jul 19 12:53:44 PDT 2017

Guest Blogger: Our guest contributor is Douglas Dickie, President of AccSys Solutions, the world’s largest Adagio Accounting consultant reseller and has mentored over twenty Adagio Dealer Business Partners across North America. Article reposted with permission.  With the emergence of new digital forms of payment such as email money transfers, use of paper cheques has been […]

rapid! PayCard Green Dot Announcement

by rapid! PayCard @ rapid! PayCard

Tue Jan 31 14:03:14 PST 2017

Green Dot to Acquire UniRush, LLC, Operating Company for RushCard and Rapid! PayCard Transaction Expected to Generate Significant Strategic and Financial Synergies PASADENA, Calif.–(BUSINESS WIRE)–Green Dot Corporation (NYSE:GDOT) today announced that it has entered into an agreement to acquire UniRush, LLC, and its operating businesses RushCard, a leading online direct-to-consumer general purpose reloadable prepaid card provider, and Rapid! PayCard, a leading corporate payroll card provider. The acquisition, which maps to “Step Five” of Green Dot’s “Six Step Plan” to enhance shareholder value, materially expands Green Dot’s scale with the addition of the RushCard and Rapid! PayCard installed customer bases, while establishing Green Dot as a formidable player in the growing... Read More

The Problem with Overdraft Fees

by Paul Sisolak @ Chime Banking

Tue Mar 20 02:52:00 PDT 2018

“Overdraft” is not a word we like to hear. Why? It generally means you’ll be dinged with a fee you don’t want to pay. To clarify, an overdraft fee occurs when you don’t have enough money in your bank account to pay for a purchase. When this happens, your bank will pay for the transaction […]

The post The Problem with Overdraft Fees appeared first on Chime Banking.

The Equifax Hack Was Worse Than Expected. What to Do Next

by Jeanine Skowronski @ Chime Banking

Thu Mar 15 15:59:14 PDT 2018

Looks like that worst-ever Equifax data breach was … actually worse. In late 2017, the credit reporting agency divulged a systems breach exposed the personal information of 145.5 millions Americans, including names, Social Security numbers, birth dates, addresses, dispute documents, as well as some credit card account and driver’s license numbers. But the hackers also obtained […]

The post The Equifax Hack Was Worse Than Expected. What to Do Next appeared first on Chime Banking.

Prepping the T’s for Tax Season

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Tue Feb 25 12:15:09 PST 2014

Time is ticking on T4/T4A season.  With the Friday, February 28 deadline fast approaching, are you procrastinating, preparing or already producing your T4 and T4A Information Returns? What they are? A T4 (Statement of Remuneration Paid) is employment income paid during a tax year and the amount of income tax that was deducted.  As well […]

Financing A New Home: Answering Homebuyer Questions

by Kara Vincent @ LRRCU

Mon Mar 12 07:40:38 PDT 2018

Finding the perfect new home can be hard work, but now you also have to navigate the mortgage financing process. There are many questions that arise when it comes to financing a new home. Below we’re answering four questions about financing a new home that homebuyers commonly ask. 1. Should I Be Pre-Qualified or Pre-Approved? […]

The post Financing A New Home: Answering Homebuyer Questions appeared first on LRRCU.

Holiday Shopping Tips for Your Spending Personality

by Kara Vincent @ LRRCU

Mon Nov 20 10:19:45 PST 2017

Although 41% of consumers report starting their holiday shopping in October or even earlier (Wow! Good for you!), an estimated 69% of Americans will shop over the Thanksgiving weekend. Early research from the National Retail Federation shows that the 2017 season will be a big deal, with holiday spending forecasted to be near $680 billion, up almost 4% […]

The post Holiday Shopping Tips for Your Spending Personality appeared first on LRRCU.

SCU AVP Donnelly receives Young Professional Award

by Lori Holmes @ Service Credit Union

Wed Nov 01 14:03:44 PDT 2017

Portsmouth, NH – The Cooperative Credit Union Association (CCUA) recently presented Service Credit Union Assistant Vice President of the Contact Center Dennis Donnelly with the Young Professionals Award of Excellence. The award signifies a young professional who best demonstrates a commitment to the values and principles defining the credit union’s mission. Donnelly was one of […]

2012 Holiday Payroll Schedule

by BPSAdmin @ Business Payroll Solutions

Thu Dec 13 08:30:28 PST 2012

Paycheck Date Payroll Processed by Debited from Account on: Employee Paydate Monday 12/24 Thursday 12/20 Friday 12/21 Monday 12/24 Tuesday 12/25 Thursday 12/20 Friday 12/21 Monday 12/24 Wednesday 12/26 Friday 12/21 Monday 12/24 Wednesday 12/26 Thursday 12/27 Monday 12/24 Wednesday 12/26 Thursday 12/27 Friday 12/28 Wednesday 12/26 Thursday 12/27 Friday 12/28 Monday 12/31 Thursday 12/27 [...]

Payroll Direct Deposit a Success at CPA

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Fri Jun 20 13:37:17 PDT 2014

The Canadian Payroll Association’s 32nd Annual Conference & Trade Show was held on June 17- 20 at the Sheraton Centre in Toronto. Telpay attended as an exhibitor in the trade show portion of the event. This conference attracted payroll professionals from across the country of all experience levels due to diversity of the seminars and […]

50th Anniversary of Bill Loewen

by Cheryl Mains, Marketing Coordinator @ Telpay Blog

Fri Jan 26 15:45:00 PST 2018

  This year marks the 50th anniversary of our very own founder Bill Loewen in the electronic payments industry.  Interviewed by Martin Cash of the Winnipeg Free Press, “An incessant innovator who’s always been just a little ahead of his time, even this year, the 50th anniversary of the start of his first business, Comcheq […]

Store Credit Cards, Balance Transfers & More: Make the Smart Money Decision

by Liz Oliver @ LRRCU

Fri Oct 13 08:55:31 PDT 2017

Every day we’re faced with making decisions about our money. What feels like a smart money choice in the moment may have repercussions in the future. You might be tempted to save money on a purchase now only to have your credit score suffer.  You might choose to delay payments on a big ticket item […]

The post Store Credit Cards, Balance Transfers & More: Make the Smart Money Decision appeared first on LRRCU.

We Don’t Want You to Wait – Ways to Avoid Being On Hold

by Carolyn Pittman @ Service Credit Union

Tue Nov 28 10:55:02 PST 2017

(And Our 10 Favorite Hold On Songs) Sitting and waiting on the phone for support probably tops most people’s lists of things they would rather not do. Thankfully, the Contact Center at Service Credit Union has invested in a wide variety of options that not only in many cases allow you to avoid picking up […]

Your Guide to Direct Deposit During the Holidays

by rapid! PayCard @ rapid! PayCard

Thu Nov 16 05:07:27 PST 2017

The holiday season is around the corner, which for some means eggnog and lights on display, but for others it means payroll delays. Automated payment through direct deposit is proven to be more efficient, secure and cost-effective than paper checks. Still, there are a few considerations to keep in mind when switching over to electronic payment — especially around the holidays. The holiday season is a double-edged sword: it’s likely the most expensive time of the year, but is also full of banking holidays which can affect the timeliness of direct deposit. Here’s why. What is the ACH and why does it matter? The Automated Clearing House is an electronic... Read More

2013 MINIMUM WAGE INCREASE

by BPSAdmin @ Business Payroll Solutions

Tue Dec 04 06:44:41 PST 2012

Starting January 1, 2013 minimum wage in Florida will be increased by 12 cents. The current rate for minimum wage is $7.67 an hour. It will be increased to $7.79 per hour. For employees who are paid tips, their hourly wage will increase from $4.65 to $4.77 per hour. Make sure your payroll processor is [...]

National Teach Children to Save Day

by rapid! PayCard @ rapid! PayCard

Mon Apr 24 07:00:35 PDT 2017

Like any company that provides technology to make life easier, we examine the millennial demographic. They are the population sector interested in options – from ways to communicate, to ways to bank. In their April 2016, article, Pew Research Center cited estimates by the U.S. Census Bureau that millennials have now “surpassed Baby Boomers as the nation’s largest living generation”. A powerful consumer force, the members of this group are working “real jobs” and building careers. They are open to alternatives. They also need them as they don’t typically comply with traditional banking methods. Per rapid! PayCard’s October 2016 article about banking options for millennials and the flexibility of getting... Read More

Calling All Telecommunications Companies: Looking for a Competitive Edge?

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Tue Mar 27 09:32:24 PDT 2018

In the highly competitive telecommunications industry, every little advantage counts. In order for your company to stand out, you need to offer something different.   The TruCash rewards program can give you...

The post Calling All Telecommunications Companies: Looking for a Competitive Edge? appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

What Does Pay Frequency Mean?

by Michele Bossart @ Payroll Tips, Training, and News

Wed Feb 21 05:10:38 PST 2018

When you have employees, you need to run payroll so they can receive their wages. Before paying employees, you need to decide on a pay frequency. Your industry, the number of employees you have working for you, the type of workers you have, and legal requirements determine your pay frequency. But first, what does pay […]

The post What Does Pay Frequency Mean? appeared first on Payroll Tips, Training, and News.

Take Your Timeshare Program To The Next Level With TruCash

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Fri Mar 16 09:37:39 PDT 2018

The TruCash rewards card program is a game-changer for timeshares and holiday networks as it can be used to offer monetary rewards to tour attendees, timeshare guests, owners, or timeshare staff, all...

The post Take Your Timeshare Program To The Next Level With TruCash appeared first on DCR Strategies Inc. | TruCash Payment Solutions.

How to Calculate a Raise

by Rachel Gray @ Payroll Tips, Training, and News

Wed Mar 14 05:10:09 PDT 2018

Employees have money on their minds. According to a Gallup poll, 59% of employees were not completely satisfied with their current pay. And, one SHRM survey found that 44% of respondents said they would leave their job to make more money elsewhere. To avoid losing their top employees, many businesses offer pay raises. Learn why employee […]

The post How to Calculate a Raise appeared first on Payroll Tips, Training, and News.

Memorial Day Holiday – May 28, 2012

by BPSAdmin @ Business Payroll Solutions

Wed May 16 10:23:14 PDT 2012

Monday May 28th, 2012 is Memorial Day and a banking holiday. See the chart below for how it will affect your payroll. Be sure to contact your payroll processor to make them aware of this change. Paychecks Dated Send Payroll Info by Account will be debited Employees will get paid Friday 5/25 Wednesday 5/23 Thursday [...]

DCR Strategies’ Book Drive For The Children’s Book Bank Toronto Charity A Page-Turning Success

by trucash123 @ DCR Strategies Inc. | TruCash Payment Solutions

Thu Mar 15 12:19:56 PDT 2018

DCR Strategies teamed up with The Children’s Book Bank, a charitable organization whose mission is to provide free books and literacy support to children, to host a special book drive in order...

The post DCR Strategies’ Book Drive For The Children’s Book Bank Toronto Charity A Page-Turning Success appeared first on DCR Strategies Inc. | TruCash Payment Solutions.