Payroll Direct, Inc. is proud to be a sponsor of the ALAMN!
Payroll Direct, Inc. is proud to support our clients in their respective industries. Recently we sponsored a booth at the ALAMN (Association of Legal Administrators…
Access the most up-to-date payroll information, resources, and tools!
Here at Payroll Direct, we are constantly searching for new ways to help our clients make their payroll processes more efficient by providing useful resources free of cost. From tax rate charts and articles to instructional videos and FAQs, you’ll find dozens of helpful and relevant resources below! This page is updated regularly so be sure to check back often for the most current information.
Current Tax Rates/Limits
Social Security / Medicare
| OASDI | Medicare | |
| Max Taxable Earnings | $176,100.00 | No Limit |
| Employee / Employer % | 6.2% / 6.2% | *1.45% |
*Additional employee Medicare tax of 0.9% on individuals earning more than $200,000
MN Unemployment Insurance (MNSUI)
| Amount | |
| MN Taxable Wage Base | $43,000 |
| Employee Deduction | None |
401K / Retirement Deferral Amounts
| Amount | |
| Max 401(k)/403(b) Elective Amount | $23,500.00 |
| …. 401(k)/403(b) Catch-Up Contributions (50-59 & 64+) | $7,500.00 |
| …. 401(k)/403(b) Catch-Up Contributions (60,61,62,63) | $11,250.00 |
| HSA (Single) | $4,300.00 |
| HSA (Family) | $8,550.00 |
| SIMPLE Plan Employee Account | $16,500.00 |
| …. SIMPLE Plan Catch-Up Contributions (50-59 & 64+) | $3,500.00 |
| …. SIMPLE Plan Catch-Up Contributions (60,61,62,63) | $5,250.00 |
FUTA
| Limits | |
| Max Taxable Earnings | $7,000 |
| % of Taxable Earnings | 6.0% |
| Max Credit | 5.4% |
Supplemental Wage/Bonus Rate
| Rate | |
| Federal Flat (Under $1 Million) | 22% |
| Federal Flat (Over $1 Million) | 37% |
| Minnesota Flat | 6.25% |
Source: MN Department of Revenue
FAQs
What are your customer service & support hours, and is there afterhours support?
Our business hours are 8:00am to 5:00pm (cst), Monday through Friday. Every client has a Dedicated Account Manager that is available to them during normal business hours, and you will be able to contact them directly so there is no call queue to wait in. At this time, we do not offer afterhours support. We take pride in our quick response time, so you always get the answers to your questions quickly and efficiently.
If I decide to use Payroll Direct, what will the implementation process look like?
You will work closely with our Sales team to gather all the paperwork needed to start the implementation process. From there, our Implementation team will set up your account, and will assist you in submitting your 1st payroll to ensure that everything runs smoothly. You will then be introduced to your Dedicated Account Manager, who will be your direct point of contact for any payroll questions moving forward.
How long might it take to start payroll services?
We do our best to make the process an easy one. The time frame depends on how quickly you can get us the necessary information. We know you are busy, so we will be happy to assist in any way we can.
What software do you use for payroll processing?
We use the Payentry online payroll system. Payentry offers technology that makes payroll services simple, with a powerful processing engine, and the most intuitive workflow and user experience.
What methods are available for me to submit payroll?
We offer a variety of options for you to submit your payroll data to us. You can use our online payroll website (accessible from any computer with an internet connection). You also have the option to fax, e-mail or call in your payroll hours each pay period.
Do you offer time clocks and time keeping software?
Yes, we have a variety of time clocks to choose from, including swipe card clocks, proximity clocks, bio-metric clocks, web clocks and we even have a mobile app that your employees can use to record their time. The TimeWorks Plus software that we offer is a very robust and highly customizable system that will make it easy for you to manage your employees’ time.
What Delivery options do you offer for employees to receive paychecks or paystubs?
We can deliver paychecks and direct deposit vouchers directly to your business, via UPS or our Local Courier Service, or we can mail them directly to your employees. We also offer online employee self-service, which allows your employees to view/download/print their paystubs online.
Do you support 401k/HSA contributions, workers comp, third-party agency checks?
Yes, we work with many different companies for 401k, HSA, and Workers Comp, and can certainly submit contribution files and make deposits on your behalf. This may require an authorization from you to approve us as a vendor. You have the option to write out your own agency checks, such as Child Support checks, or we can issue them for you.
Can you provide or build custom reports?
We have a library of over 100 standard reports that many of our clients find useful, however if you would like a custom report, our Millennium Payroll & HR software has an easy-to-use report writer, that allows you to select any fields you would like, and create a report that can be printed or exported. If you would prefer to have us create a custom report for you, we’d be happy to do that.
Am I able to review payroll before submitting?
Yes, you can view and approve a Pre-Process Register, which allows you to review the payroll before it is submitted to ensure accuracy.
What tax services are provided?
We take care of all your withholding and unemployment tax payments and filing of payroll tax returns. We offer a unique direct tax service that allows you to keep your tax dollars until they are due. We submit the payment information to the tax agencies and they then debit your account directly on the date the taxes are due. We can also provide you with a General Ledger report or Export that you can use for your bookkeeping.
How will I receive my Quarterly Tax Returns?
Your quarterly tax returns will be delivered to you via a secure online portal. You will receive your own secure Access Code so you can review your documents at the end of each quarter.
What if I need to write a check outside of payroll, for a bonus, reimbursement, etc.
We can assist you with calculating the net amount and account for any required deductions. Just contact your dedicated Account Manager and they will walk you through this process.
Do you provide a demo of your system?
Absolutely! In person or online, whichever you prefer!
What if payroll falls on a Holiday?
You have the option to move your check date to the day before or the day after the Holiday.
Is your system compatible with other Time & Attendance systems?
As long your time keeping system can produce an electronic export file, we can import it into our payroll system.
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