Payroll Service Solutions

Do your employees know how much PTO they have? When you have a lot of employees working for your business, you probably know how chaotic it can be to keep track of how much PTO they all have. This is why Payroll Service Solutions is Philadelphia’s trusted source when it comes to everything involved in payroll management, including paid time off. https://payroll-solution.com/blog/employee-pto-tracking/

Tell your friends about us and get $50! We're looking for other customers like you! Tell your friends about Payroll Service Solutions and when they successfully become a new customer, our team will credit your next payment $50 or gift you a $50 Amazon gift card. This program is unlimited -- you are eligible to redeem this reward for each referral that becomes a new customer!... How to Get Your Referral Reward 1. Tell your friends about the program 2. Contact Nicole Christmann at [email protected] or 215-624-0922 who can get you started and answer any questions 3. When your referral successfully becomes a new customer, our team will apply your $50 credit or send you a $50 Amazon gift card

Please see this important information regarding New Year’s Day!

We are teaming up with Franklin Payments to support the local Bucks County Marine Corp by providing Christmas gifts to children in need through Toys for Tots. New and unwrapped toys can be dropped off Monday through Friday 7AM-6PM at Payroll Service Solutions (900 Jaymor Road, Southampton) now through December 4th. Please wear a mask. For those who want to show contactless support, the companies are also accepting gift cards that can be mailed to the above address, atttn: Nicole Christmann. Contact Nicole Christmann at [email protected] or 215-624-0922

Thank you to all of our generous clients, staff, friends, family and strangers! We were able to donate all of this food and more along with over $700.00 in gift cards to two local food pantries. Your generousity is amazing and so appreciated. #thanksgivingfooddrive, #buckscountyhousinggroup,#ourclientsarethebest

Come feed the turkeys!!!!!!!

Today is the day!! Drive on in and help provide a Thanksgiving meal to those struggling in 2020. We’ll be outside to grab your items, you don’t even need to leave your car. Hope to see you there!!! 900 Jaymor Rd. Southampton, PA 18966.

Do you have employees who may be unable to work due to schools not opening? Here’s what you need to know about the FFCRA in relation to childcare leave.

Time to get back to business Payroll Service Solutions is making it easier! We’re offering limited-time specials on our contactless solutions, from direct deposit to credit card processing. Call us today to get started 215-624-0922!

Tommy Greene, former pitcher for the Philadelphia Phillies, explains how our partners at Franklin Payments can help small and medium businesses weather the storm during the #Coronavirus crisis. https://lnkd.in/eGqtV4P #smallbusiness #SMB #payrollservices #paymentprocessing #contactlesspayments

Tommy Greene, former pitcher for the Philadelphia Phillies, has thrown his share of curveballs - but nothing like the curveball that COVID-19 has thrown at small and medium businesses today. These businesses are the backbone of our economy, and he has some encouraging words to help you during these uncertain times.

Philadelphia Flyers 2x Stanley Cup Champion, Bill Clement, has established himself as a successful entrepreneur and understands the struggles facing small and medium sized businesses. He has some insight to offer business owners during this difficult time.

Need help with your PPP Loan? Payroll Service Solutions can do your PPP (Paycheck Protection Program) loan through our partner Tioga Franklin Savings Bank. This loan provides 100% federally guaranteed loans to small businesses. Importantly, if all employees are kept on payroll for eight weeks, SBA will forgive the portion of the loan used for payroll, rent, mortgage interest or utilities. Up to 100% of the loan is forgivable.... Payroll Service Solutions will help you gather the payroll information you need to apply. As always, we are here to assist and support you through these challenging times. To apply, email Amanda Keiper at [email protected]. The following link to upload your documents: https://tioga-franklin.sharefile.com/r-r1a822ed2373422ba

Loan programs for Businesses Impacted by COVID-19 Many small businesses and their employees have been impacted by COVID-19. To help small businesses and their workers though this pandemic, the President has authorized the SBA to provide assistance. ... There are several SBA loan programs including Enhanced Debt Relief and Disaster relief programs to assist businesses during this tough time. The Coronavirus Aid Relief, and Economic Security (CARES) Act is allocating $350 billion. Also known as the Paycheck Protection Program, it provides 100% federally guaranteed loans to small businesses. Importantly, if all employees are kept on payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest or utilities. Up to 100 % of the loan is forgivable. https://www.sba.gov/funding-//paycheck-protection-program SBA guidelines have not yet been issued on these loans. Once the administration releases more details we will share that information with you. As always, Payroll Service Solutions is here to assist and support you through these challenging times.

Families First Coronavirus Response Act (FFCRA) Info The Families First Coronavirus Response Act (FFCRA) was signed into law on March 18th, 2020. Employers must post this notice of employee rights. https://www.dol.gov//p/FFCRA_Poster_WH1422_Non-Federal.pdf... The act reserves the right for the secretary to exclude certain care providers and first responders from the list of eligible employees and to exempt small businesses with fewer than 50 employees from providing paid leave for child care if business viability is jeopardized. We strongly advise that you read through the entire document prior to Wednesday, April 1st so you have an understanding of how the leaves work. You can find the link below. The following are some highlights from the updated guidance. These leaves are not available to employees with reduced hours, furloughed employees, or employees whose workplaces are closed. See questions 23-28. These leaves are not available to employees whose workplaces are closed due to a federal, state, or local shelter-in-place or stay-at-home orders, or due to business slowdowns. See question 23. These leaves (and payroll tax credit) are not retroactive. Employees are not entitled to pay under these leaves if they were absent or out of work (for any reasons) prior to April 1. See question 13. Both emergency paid sick leave (EPSL) and emergency Family and Medical Leave (EFMLA) can be taken on an intermittent basis in certain situations. See Questions 20-22 for explanations about when intermittent leave is allowed. Employees may not be required to use other forms of paid leave prior to or concurrently with EPSL or EFMLA. See questions 32 and 33. Employers should keep documentation to show that employees who received leave were actually in need of leave. The documentation requirements will be outlined in soon-to-be-released IRS guidance. See Questions 15 and 16. Questions about the Employee Rights poster link: https://www.dol.gov/agenc//pandemic/ffcra-poster-questions FFCRA Leaves Questions and Answers: https://www.dol.gov/agencies/whd/pandemic/ffcra-questions

CARES ACT (Coronavirus Aid, Relief and Economic Security Act) On Friday, March 27th the President signed the CARES Act. The new law is a $2 trillion economic stimulus package designed to repair the economic damage caused by COVID-19 and provide additional protection to individuals and businesses who may lose income due to the pandemic. While most of the act pertains to direct payments and loans, there are some sections that affect employers. Providing Alternatives to Closure... and Layoffs The CARES Act gives employers the following options and benefits, which may allow them to stay open and keep more people employed: Small businesses may be eligible for emergency grants of up to $10,000 to cover immediate operating costs. The Small Business Administration (SBA) may provide loans of up to $10 million per business; any portion of that spent to pay employees, keep workers on payroll, or pay for rent, mortgages, or existing debt could be forgiven, provided workers remain employed through the end of June. Small businesses with existing SBA loans may have up to six months of payments waived. Businesses who have experienced a decline in gross receipts of 50% as compared to the same quarter of 2019 or who have been fully or partially shut down by order may be eligible to receive a refundable tax credit for 50% of qualified employee wages up to $10,000 per employee. This is unrelated to the dollar-for-dollar payroll tax credit that can be taken for FFCRA leaves. Businesses may defer payment of employer payroll taxes imposed between the enactment of this law and December 31, 2020 with half of the deferred taxes due by December 31, 2021 and the rest due by December 31, 2022. This is unrelated to the dollar-for-dollar payroll tax credit that can be taken for FFCRA leaves. We are unable to advise on these topics as they are outside the scope of our expertise. We encourage you to follow the IRS Coronavirus Tax Relief page and the SBA Coronavirus Loan Resources page, as well as consult with your tax professional or financial advisor. Detailed guidance on how to access these financial resources should be coming soon from those sources. See more

Payroll Service Solutions update during Coronavirus Outbreak Please Read. First we would like to express our sincerest wishes for the health and safety of you, your employees and loved ones. ... Please be aware that there will be no interruption in your service with us as this ban goes into effect. We have made provisions to accommodate the PA governor’s order. Effective Monday, March 23rd we will be temporarily suspending the pickup of payroll packages at our office. We have several options for you to choose from to get your information to you. At present, the Federal Reserve has not announced any changes in their daily operations. Unless and until changes are announced, we are fully prepared to meet all existing payroll deadlines. We are pleased to assure you that we remain ready and available to handle your payroll needs. While we cannot predict how long this emergency will continue, we are prepared to serve you for an extended period. We do not anticipate interruptions in the high level of service you are accustomed to receiving. The president has authorized the SBA to provide assistance. We would encourage any small business in the effective areas to consider seeking relief if needed. You can apply here. https://disasterloan.sba.gov/ela/Account/Login We wanted to address some of the specific questions that we have been asked: Can I still expect delivery of my payroll? Yes, at this time our courier service is operating as normal. If you have specific instructions or need to change the delivery address please let us know. Can my employees file for unemployment benefits if my business is temporarily closed because of COVID-19? Yes, they may be eligible for benefits. Can I reduce my employee’s hours because of COVID-19? Yes Will my unemployment tax rate increase if my employees file for benefits due to COVID-19? No, businesses that are temporarily closed will be granted Relief from Charges and your tax rate will not be increased because of COVID-19 related claims. Is there somewhere I can find more information about unemployment? Yes. Go to https://www.uc.pa.gov/COVI/Pages/Employer-COVID19-FAQs.aspx Are there programs to help employers having financial difficulties due to COVID-19? Yes, the Shared Work Program can help https://www.uc.pa.gov/employers-uc-services-//default.aspx as well as the PA Department of Community and Economic Development https://dced.pa.gov/resources/. We will continue to monitor the situation and update you. Please call us with any questions or concerns at 215-624-0922 as we are here to help you.

Payroll Service Solutions shares your concern about coronavirus. The safety and well-being of our employees and clients is always our priority. We recognize the important role we play in business during this time of insecurity. As a payroll processor one of our many responsibilities is to provide timely payment of employee compensation as well as tax payments, which if not paid in a timely manner could result in penalty and interest. We are closely monitoring developments... on a daily basis. We are taking every precaution to ensure the safety and health of our employees, clients and community. If you are experiencing flu-like symptoms and need to pick up your payroll, please let our customer service team know. We can discuss other options with you to ensure our collective well-being. We are dedicated to providing you the high level of service that you have come to expect. We are here for you and for your processing needs. Please let us know how we can help you. As always, we’re grateful for the opportunity to service you. Rest assured, we’re doing everything in our power to help ease the burden during this troubling time. See more

We are excited to announce that our sister company, Franklin Payments, is now open! They will provide a comprehensive line of services that are typically only available to larger companies, to help support businesses in Bucks County! (Photo: Rick Rickman) https://www.buckscountycouriertimes.com//new-financial-ser

Don't want to switch to one of the "big" companies for payroll services? Call now.