Archive for May 20, 2013

Key Features Why Company Use Outsource Payroll Service

The best when it comes to using outsource payroll service such as iPay ADP is that you can enjoy the benefits of the features it posses. These benefits are not only for the company but as well as with the employees. It is not new anymore where large companies outsource payroll services. This is because it does not just offer the payroll process but also with other services that can be integrated on the system. If you are planning to have your own payroll service, make sure you look for features that will be enumerated below:

  1. Can compute taxation. Many online payroll services such as ADP iPay offers this feature that compute the employment taxes which might include the state income tax, federal income tax, social security and unemployment. In this way, the company can file the appropriate paperwork and just pay the amount of tax the employee owns on his or her behalf.
  2. Can access online. The records of employees’ salaries are saved electronically on the system. Anytime, the employee can access his or her own account any time at any place as long as there is the right device and connection. Its good feature where the company do not need to print pay stubs, reports or receipts.
  3. Can deposit directly. This is a feature that is greatly appreciated by the employees. This is because the employees are expected to have their salary on pay day without delay. The system automatically gets the fund from the companies.
  4. Can generate reports. Another good feature of the online payroll service. The system will compute the hours worked per employee according to clients. It computes the hours worked, holiday pay, deductions, overtime or vacation and sick leave. The reports can be generated easily within just seconds.

These are the four most common features that outsource payroll service like iPay ADP offers to businesses.

Steps in Applying FAFSA

There are many solutions presented out there for a high-school graduate and undergraduate to finish college. There are institution, companies and even the government who offers help. But it is recommended to go first to the government. They have what is called federal student aid. A help that can provide a payment not only your tuition fee but other school expenses. But first, you need to work with your FAFSA or free application for federal student aid. Here is how to apply:

  1. One, make sure you have prepared your income tax or your parent’s income tax.
  2. Now fill out your FAFSA. It is better if you can do it online to avoid less error. But if you cannot do it on web, you can go to your school and ask for a FAFSA form.
  3. A PIN will be given to you if you have done your FAFSA online. It is a sign indicator for your application form.
  4. There are requirements needed to be passed together with your FAFSA such as income tax return, driver’s license and SSS card, business or farm records, investment records, bank statements, date of birth or any W-2 form.
  5. You have to answer all the questions asked from you on the form honestly.
  6. List all the colleges you wanted to go. It’s a maximum of 10 in the form.
  7. Make sure you put your PIN after you have completed answering the form when done online.
  8. Wait for a few weeks for your Student Aid Report or SAR after successfully submitting your FAFSA.
  9. Financial aid letter will arrive about the financial package deal for each school you listed on the form. Review each package deal along with the financial aid fit for that university.

Start your application now so you can choose your own federal student aid. You may visit Fafsa.ed.gov.