finance Archives | Southland Data Processing

4 Reasons Even Lucrative Businesses Sometimes Can’t Cover Payroll

March 29, 2021

business, finance, financial wellness, labor

Do profitable businesses ever struggle to cover payroll? Why? The answer is “yes“ In fact, sometimes it’s because they’re doing so well. In this article, our partner PAYRO breaks down four reasons why even lucrative businesses sometimes can’t cover payroll.…

PPP Interim Final Rule

August 26, 2020

Southland Data Processing

Business

business, Coronavirus, finance, Payroll, ppp

After nearly two weeks without new guidance on PPP loan forgiveness, the SBA released a new interim final rule on August 24. This includes three important points pertaining to owners and forgiveness of certain nonpayroll costs. Key Points: PPP Interim…

IRS Economic Impact Payments (EIP)

April 20, 2020

Southland Data Processing

Partner Update

business, Coronavirus, Employee, finance, HR, management

As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Congress provided financial relief for many taxpayers through “Economic Impact Payments” (EIP). The IRS began issuing these tax credits as cash payments earlier this month. EIP: What’s…

PPP Loan Analysis Report Explained

April 7, 2020

Southland Data Processing

Partner Update

business, Coronavirus, Employee, finance, HR, money, Payroll, reporting, SDPConnect, tax

Note: The U.S. Treasury has changed its guidance for how to implement the Paycheck Protection Program (“PPP”) several times since the original guidance was issued and we expect them to continue to do so. We are updating our report with changes…

How To Run a PPP Loan Analysis Report

April 7, 2020

Southland Data Processing

Partner Update

business, Coronavirus, Employee, finance, HR, money, Payroll, reporting, SDPConnect, tax

Note: The U.S. Treasury has changed its guidance for how to implement the Paycheck Protection Program (“PPP”) several times since the original guidance was issued and we expect them to continue to do so. We are updating our report with…

5 Ways To Look Out For Your Employees This Black Friday

November 25, 2019

Southland Data Processing

Benefits

benefits, business, finance, financial wellness, money, Payroll

No Comments

Every year, thousands of employees get their Black Friday paychecks late when the person in charge of payroll goes on vacation without approving an electronic transfer or misses their holiday processing deadline. This year, plan ahead with these 5 ways…

Data Mine Your HR & Timekeeping Records: A Scientific Approach to Increasing Productivity

October 14, 2019

Southland Data Processing

Workforce Management Suite

business, compliance, Employee, finance, HR, labor, money, overtime, timekeeping

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Do you ever wish you could get a complete picture of your workforce so you could easily spot where to make the necessary improvements? Today’s post is for business owners who have limited experience with data analysis, use manual timekeeping…

Top 4 Financial Benefits of 2019

September 9, 2019

Southland Data Processing

Benefits

benefits, business, finance, financial wellness, money

No Comments

By now we’ve all heard how employees value benefits like health insurance, gym memberships, and commuter perks. However, 2019 has seen the advent of a new kind of benefit: financial wellness. Taking the employee benefits industry storm, “fintech” financial wellness…

Happy Holidays: Do We Have to Pay?

December 17, 2018

Southland Data Processing

Human Resources

business, Employee, finance, Holiday, HR, labor, money, success

No Comments

Is your company closing for Christmas? Or maybe for the whole week from the 25th through New Year’s? Holiday closures give everyone a much-needed (and appreciated!) break, but can also raise questions about required pay. Federal law is pretty quiet…

Borrowing From Your 401(k) Plan

June 22, 2018

Southland Data Processing

Retirement

401k, Employee, finance, financial wellness, money, retirement

No Comments

You may be familiar with the rules for putting money into a 401(k) plan, but do you know the rules for taking money out? Federal law sets some limitations for 401(k) borrowing, but there are often more restrictions specific to…

finance

4 Reasons Even Lucrative Businesses Sometimes Can’t Cover Payroll

PPP Interim Final Rule

IRS Economic Impact Payments (EIP)

PPP Loan Analysis Report Explained

How To Run a PPP Loan Analysis Report

5 Ways To Look Out For Your Employees This Black Friday

Data Mine Your HR & Timekeeping Records: A Scientific Approach to Increasing Productivity

Top 4 Financial Benefits of 2019

Happy Holidays: Do We Have to Pay?

Borrowing From Your 401(k) Plan

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