Current News about Payroll Services

Time & Pay Sponsors Johnson City Jazz Festival

Time & Pay is pleased to announce the primary sponsorship of the 2018 2nd annual Johnson City Jazz Festival. The Jazz Festival will take place March 15, 16 and 17 at the Carnegie Hotel in Johnson City. "We are proud to work with the Jazz Festival again this year," noted Steve Scheu, CEO of Time [...]

By | January 31st, 2018|News|Comments Off on Time & Pay Sponsors Johnson City Jazz Festival

Tennessee Unemployment Taxes to Decline in 2018

Tennessee Unemployment Taxes (SUTA) to Decline in 2018 The Tennessee Dept of Revenue notified employers that the State Unemployment Wage Cap will be reduced from $8,000 to $7,000, thus reducing the amount of state unemployment payroll taxes employers will pay in 2018. Good news! The Wage Cap is the amount of wages paid to employees that [...]

By | January 23rd, 2018|News|Comments Off on Tennessee Unemployment Taxes to Decline in 2018

Maria Ilina Joins Time & Pay’s Sales Staff

Maria Ilina Joins Time & Pay's Sales Staff Time & Pay is pleased to announce Maria Ilina has joined our sales department. Maria studied economics and finance at ETSU, and graduated with an MBA in 2008. She has since worked in financial services, and served as the head coach of the men’s and women’s tennis teams [...]

By | January 23rd, 2018|News|Comments Off on Maria Ilina Joins Time & Pay’s Sales Staff

Time & Pay Implements New Withholding Tax Rates

Time & Pay Implements 2018 Payroll Withholding Tax Rates! On Dec 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act that will, as determined by the Tax Policy Center, cut income taxes for 143 million Americans. The law went into effect January 1, 2018. On Jan 11, 2018 the IRS released the new tax tables [...]

By | January 19th, 2018|News|Comments Off on Time & Pay Implements New Withholding Tax Rates

OSHA 300 Needs to be Posted by Feb 1

The Occupational Safety and Health Administration (OSHA) mandates that all employers with more than 10 employees—except those in exempt low-risk industries—must maintain a record of work-related injuries and illnesses. Those who are required to maintain these records use OSHA’s Form 300- Log of Work-Related Injuries and Illnesses,  or an equivalent or state-specific form. A summary [...]

By | January 19th, 2018|News|Comments Off on OSHA 300 Needs to be Posted by Feb 1

Tax Cuts and Jobs Act and Payroll

Tax Cuts and Jobs Act - What Does It Mean for Your Payroll? On Dec 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act that will, as determined by the Tax Policy Center, cut income taxes for 143 million Americans. The law goes into effect January 1, 2018. This new tax law will obviously effect [...]

By | December 26th, 2017|News|Comments Off on Tax Cuts and Jobs Act and Payroll

“New Economy” Makes Child Support More Difficult to Collect

The “new economy”, in which the use of contract labor to meet work load requirements is increasing every day, is making it more difficult to collect court ordered child support. When employers hire a new employee, Federal and State new hire reporting requirements help ensure that an individual who may be under a court ordered [...]

By | December 5th, 2017|News|Comments Off on “New Economy” Makes Child Support More Difficult to Collect

Time & Pay Hires Knoxville Account Executive

Time & Pay is pleased to announce that it has hired an account executive for the greater Knoxville area.  VP Andy Scheu notes, "Laura Adams is a great addition to our firm.  As you will read below, the knowledge that Laura gained from her previous work experiences will ensure that she is able to help [...]

By | November 1st, 2017|News|Comments Off on Time & Pay Hires Knoxville Account Executive

IRS Announces 2018 Pension Plan Adjustments*

WASHINGTON — The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans, including 401(k)'s, and other retirement-related items for tax year 2018. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $18,000 to $18,500. The catch-up [...]

By | October 31st, 2017|News|Comments Off on IRS Announces 2018 Pension Plan Adjustments*

Are You Getting All You Need to Help You Better Manage Your Payroll and Your Employees?

Let Time & Pay help you with all your payroll details. Time & Pay has the tools you need to better manage your payroll and your employees.  While we work at making sure our customers are aware of all we offer, we have learned that you need a friendly reminder every once in a [...]

By | October 24th, 2017|News|Comments Off on Are You Getting All You Need to Help You Better Manage Your Payroll and Your Employees?