Lift The Veil On RSA With This RSA Calculator

Encryption algorithms can be intimidating to approach, what’s with all the math involved. However, once you start digging into them, you can break the math apart into smaller steps, and get a feel of what goes into encryption being the modern-day magic we take for granted. Today, [Henry Schmale] writes to us about his small contribution to making cryptography easier to understand – lifting the veil on the RSA asymmetric encryption technique through an RSA calculator.

With [Henry]’s calculator, you can only encrypt and decrypt a single integer, but you’re able to view each individual step of an RSA calculation as you do so. If you want to understand what makes RSA and other similar algorithms tick, this site is an excellent starting point. Now, this is not something you should use when roll your crypto implementations – as cryptographers say in unison, writing your own crypto from scratch is extremely inadvisable. [Henry] does say that this calculator could be useful for CTF players, for instance, but it’s also undeniably an accessible learning tool for any hacker out there wishing to understand what goes on under the wraps of the libraries we use.

In modern day, cryptography is instrumental to protecting our freedoms, and it’s a joy to see people work towards explaining the algorithms used. The cryptography tools we use day-to-day are also highly valuable targets for governments and intelligence agencies, willing to go to great lengths to subvert our communication security – so it’s even more important that we get acquianted with the tools that protect us. After all, it only takes a piece of paper to encrypt your communications with someone.


End-Of-Year Payroll Tasks Cheatsheet: Wrapping Up 2023

Do you know what you need to do to wrap up your payroll for year-end?

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If your business is anything like mine, year-end is your busiest time of the year. Even if it’s not your busy season, you have a handful of payroll responsibilities to complete before you can wrap up 2023.

The sooner you can cross these must-do payroll tasks off your list, the sooner you can get back to the eggnog and good cheer. After all, who really wants to be thinking about payroll during the holidays?

Get rolling on your responsibilities with the following end-of-year payroll tasks.

1. Verify employee information

Do you have the most up-to-date information for each of your employees? Failing to fix incorrect or outdated information before creating and distributing W-2s will only result in more headaches later.

Verify each employee’s:

  • Legal name
  • Social Security number
  • Current address

    • Incorrect Social Security numbers are the top cause of W-2 corrections. Use the free verification tool on the Social Security Administration (SSA) website to verify accuracy.

    2. Run Your Final Payroll Of The Year

    Another year-end responsibility is running your final payroll for 2023. This might seem like business as normal. But for some employers, it’s not.

    Here are a few things that could impact your employees’ final paychecks of the year:

  • Bonuses: Remember to pay out any holiday or year-end bonuses. Consider doing tax gross-up for payroll to give employees specific amounts.
  • Unused time off: Depending on your company policy, you might need to pay employees for unused time off. If so, determine when to pay it. Employers typically include unused time off in the last payroll of the year.
  • Bank holidays: There are two bank holidays right around year-end that could throw off when employees receive direct deposit—December 25 and January 1. Run payroll one business day earlier to make sure employees get their paychecks on time.
    • 3. Create W-2s and W-3s

    After you run your final payroll, you can create Forms W-2 and W-3. Remember that the deadline to file Form W-2 with the SSA and distribute to employees is January 31. Follow your state’s deadline for the state copy, if applicable.

    The W-2 reports wage and tax information for each employee. Before you create your W-2s and W-3s, confirm employee wage information. You’ll also need to include the employee’s SSN, name, and address. Also, include your business name, address, and Employer Identification Number (EIN).

    Keep in mind that there is a new electronic filing threshold. You must e-file Forms W-2 with the SSA if your total number of information returns is 10 or more.

    4. Determine Who Has Benefit Changes For Next Year

    Put together a list of all your employees and their benefits changes for the new year. After you run your final payroll for the year, make the changes (e.g., adjust withholdings).

    Here are a few benefit changes you may need to make for the new year:

  • Add or remove benefits
  • Update company contribution amounts
  • Update employee contribution amounts

    • For example, health, dental, vision, and life insurance plans may have updated premiums for the new year. Or, an employee might decide to switch their health insurance plan altogether. Whatever the case may be, make sure you make changes before running your first payroll of 2024.

    5. Look Into Your Tax Rates For The New Year

    In most cases, a new year calls for new tax rates. Before you run payroll in 2024, adjust your payroll according to any new tax rates you’re assigned.

    You might be subject to a new:

  • State unemployment tax rate (SUTA tax)
  • State disability or workers’ comp insurance rates, if applicable
  • Tax deposit frequency
    • For More Information…

    This isn’t a complete list of your year-end payroll tasks. Frankly, that would be a long, boring article to read (thanks, TikTok brain!).

    But if you’re interested in learning more, you can download and print a free year-end payroll checklist PDF here.


    		  


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