Editor’s Note

Amidst the Covid-19 pandemic crisis, President Donald Trump has signed the $2 trillion coronavirus economic stimulus bill into law on March 27, 2020.

This legislation, called Coronavirus Aid, Relief, and Economic Security (CARES) Act), is aimed at providing significant tax and workforce relief for businesses and individuals that have been negatively impacted by the coronavirus outbreak.

In CARES Act: Significant Tax And Workforce Relief For Businesses And Individuals, featured as the cover article this month, a team of tax practice experts from  law firm Baker Hostetler come together to help you understand what are the provisions included in the bill and what it means.

Payroll is already a pretty dense subject. When you combine payroll with taxes, the jungle of acronyms, rates, forms, and questions to sort through can be downright intimidating. Tori Fica, in her article, Payroll Taxes: What They Are, When They Are Due, And How To Calculate Them, will guide you through the processes and help you gain a better understanding of payroll taxes.

Moving on, there is Mitalee Chattre's Cloud HR Software: How SMEs Can Benefit From This Unstoppable Technology, where she talks about how businesses can benefit out of cloud HR.

Also read, 9 Spend Duplicates Only AI Can Catch by Josephine McCann, and don't forget to check out our new segment Q&A with Mike DiClaudio, Principal in KPMG’s Human Capital Advisory practice, where he touches upon the challenges HR will face in future and  organizational cultural changes awaiting us in future, and also shares his outlook on how adept HR is with new technologies.

That’s not all! We hope this edition of HRIS & Payroll Excellence will help you with your payroll and HRIS challenges.

Happy reading and don't forget to send us your feedback!