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The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Donald Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit …
Calculation of financial taxes to be paid by employer (such as Social Security and Medicare in the US) Printing and filing of year-end employee tax documents such as Form W-2. Additional may be offered and vary from firm to firm. Timekeeping, either online or in the physical form of "time clocks".
Payroll Giving, Workplace Giving or Give As You Earn (GAYE) is a scheme for UK taxpayers to donate money to UK Registered Charities . Introduced in 1987, Payroll Giving allows employees to give money to the UK registered charity of their choice by having a deduction taken straight from their gross pay.
United States portal v t e The Federal Insurance Contributions Act ( FICA / ˈfaɪkə /) is a United States federal payroll (or employment) contribution directed towards both employees and employers to fund Social Security and Medicare  —federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.
In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business with his brother Joe Taub. Frank Lautenberg joined the brothers in the company's infancy. In 1957, Lautenberg, after successfully serving in sales and marketing, became a full-fledged partner with the two brothers.
The payroll module automates the pay process by gathering data on employee time and attendance, calculating various deductions and taxes, and generating periodic pay cheques and employee tax reports. Data is generally fed from human resources and timekeeping modules to calculate automatic deposit and manual cheque writing capabilities.