Payroll Basics
Name a payroll provider with an office at the Auburn Mall?
Payroll Management Inc. Founded in 1989 we are celebrating 37 years in 2026.
What is the Minimum Wage in Maine for 2026?
$15.10 per hour, service employees (tipped employees) the minimum wage is $7.55 per hour.
Name the taxes that Maine employers withhold from employees besides federal income tax?
Maine State Income Tax, Federal & State Unemployment, Soc Security, Medicare and ME Paid Family & Medical Leave
Do all Employers in Maine pay the new ME Paid Family and Medical Leave (MEPFML) Tax?
YES, even Employers with 1 Employee.
For 1-14 employees the rate is .05% of Gross Income. For 15+ Employees that rate is 1% of Gross (split evenly between ER and EE)
What is the main purpose of a payroll system?
To (ACCURATELY) calculate and distribute employee wages, manage deductions, and submit payroll taxes (ON-TIME) or WE pay any penalties or fees.
Which federal agency oversees payroll tax compliance in the United States?
The IRS (Internal Revenue Service)
Is the Minimum Wage the same Statewide?
NO - Portland ($16.75 all employers) and Rockland ($16.00 employers with 26+ EE's) have higher local minimum wage rates than the state minimum
Employers in Maine must submit payroll tax filings (Reports) to which two main government entities?
Maine Revenue Service and the IRS. Reports are due Quarterly (4 times per year) they are due in April, July, October, and January
When do the ME Paid Family & Medical Leave benefits begin?
ME Paid Family and Medical Leave benefits will start May 1st, 2026. Eligible EE's could receive up to 12 weeks of paid time for medical, parental, family care, military family, or safe leave.
Does PMI offer a mobile app for employee Clock In/Out and Paystub Viewing?
YES! Payroll Mgt utilizes a program called TimeWorks Plus to punch in/out and to access current and historical pay information
What should businesses do before switching to PMI?
Ensure all tax information and year-to-date payroll data is accurately. PMI will assist in transferring info so at year-end you only receive one W-2.