What is National Payroll Week and why is it important?

National Payroll Week recognizes the hard work and dedication of America’s workers and the professionals that provide payroll services to ensure the accurate and on-time payroll processing for millions of employees.   National Payroll Week promotes programs that educate workers regarding their paychecks, deductions, and helps them understand their wages and their finances.

The slogan for National Payroll Week is “America Works Because We’re Working For America”.   Taxes that payroll professionals collect from employee’s paychecks fund a multitude of government programs including building federal highways, Medicare, Social Security, and the US Military.   Approximately 70% of the U.S. Treasury’s annual revenue is collected and reported by payroll professionals.

Below are links to a couple of educational fliers that may be helpful for first-time employees and employers:

https://info.americanpayroll.org/pdfs/npw/firstjob.pdf   - First Time Jobs

https://info.americanpayroll.org/pdfs/npw/directdeposit.pdf - Direct Deposit

https://info.americanpayroll.org/pdfs/npw/CafeteriaPlan.pdf - Understanding Cafeteria Plans     

Baldwin CPAs would like to recognize our Elevate – Payroll Team for their hard work and continuous progress in staying on top of the new laws/regulations in order to assist our clients with their payroll needs.