Is direct deposit instant? No. It flows through multiple hands and institutions.

Is direct deposit instant? No. It flows through multiple hands and institutions.
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
Find me on LinkedIn
This is an interesting question - Can I require my employees to enroll in direct deposit? In some states, yes. However, it depends on the...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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One of the advantages of operating your own business is hiring family members. However, employment tax requirements for...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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The federal government through the Fair Labor Standards Act (FLSA) sets the...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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Small and midsize employers can claim two new refundable payroll tax credits. The paid sick leave credit and the paid...
I saw this question on Quora.com and thought it was worth sharing with you.
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Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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Payday is the effective date, for the...
You open your filing cabinet and there they are – unclaimed checks. Unclaimed checks from employees that no longer work for you that were never picked up. Even after repeated phone calls and...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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Audit - “an official inspection of an individual's or organization's accounts”
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Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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The following are FFCRA tax deferral provision FAQ’s issued by the IRS. These continue to come...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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The IRS Form W-4 was changed effective 1/1/2020. This is the first real change of the Form W-4 in many years, and it is...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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I recently found a blog post titled “5 Myths...
Charles Read, CPA, USTCP, IRSAC
President/CEO GetPayroll
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The IRS in a release dated April 30 changed the Payroll Protection Program landscape. Relying on established law and...