On the surface “constructive receipt” sounds like an “inside baseball” term for accountants. But it’s not. Once a payroll payment is received by an employee, businesses become liable for taxes on that income, which can be a problem.

Guest Speakers

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Stephanie Salavejus, CPP

Stephanie is the Vice President and COO of PenSoft, a payroll software provider, is a Vice President with the American Payroll Association, was APA’s Payroll Woman of the Year for 2017, and is a former member of the IRS Commissioner’s Advisory Group. She has over 33 years’ experience in payroll and accounting, of which over 26 years have been with PenSoft. Stephanie graduated from Christopher Newport University in Newport News, Virginia, with a Bachelor of Science degree in Accounting

Jason Lee

Jason Lee is CEO and co-founder of DailyPay, a venture backed financial technology company that enables employees to access their wages before payday. DailyPay partners with large enterprises to offer its technology solution to their workforces, which results in a meaningful reduction in turnover and related cost savings. Every Saturday morning, Jason enjoys spending his time at the Father’s Soup Kitchen, helping serve hot breakfast to New York’s homeless population.

Previous Episode

The Debiting Problem – Episode 1

Welcome to The Source where DailyPay CEO Jason Lee discusses the difference between compliant on-demand pay and topics spanning from debiting to neo-payday loans.  Guest Speaker Jason Lee is CEO and co-founder of DailyPay, a venture backed financial technology company that enables employees to access their wages before payday.

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Constructive Receipt – Episode 2

On the surface “constructive receipt” sounds like an “inside baseball” term for accountants. But it’s not. Once a payroll payment is received by an employee, businesses become liable for taxes on that income, which can be a problem. Guest Speakers Stephanie Salavejus, CPP Stephanie is the Vice President and COO

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Related Podcasts

The Debiting Problem – Part 2 – Episode 3

The Debiting Problem–Part 2: Our newest episode of The Source, Episode 3, has observations from a special guest, author and @Forbes contributor Ron Shevlin, before we focus on the pitfalls of unnecessary financial exposure related to debiting worker bank accounts. Guest Speakers Gary Pearcy Gary Pearcy is Vice President, Payment

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Daily Pay: The Disruption of Payroll

For episode 4 of The Source, sponsored by DailyPay, listen as host Michael Baer, CPP, talks with payroll leader Lori Brown, CPP, and APA’s Director of Government Relations, Bill Dunn, CPP, about the “third wave” of major disruptive change for payroll — access to pay daily. Why and how is

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The Source Host

Upcoming Featured Speakers

Gary Pearcy

SPEAKER

Gary Pearcy

Vice President, Payment Operations at DailyPay

Gary Pearcy is Vice President, Payment Operations at DailyPay, overseeing core payment functions including new partner launches, daily settlement, risk management, payment partner/vendor management, and recovery activities.

Prior to joining DailyPay, Gary spent fourteen years at Wells Fargo leading various payments teams including his most recent stint as chief operating officer for Wells Fargo’s Merchant Services business unit.

Prior to joining Wells Fargo, Gary held various positions in technology and business development at General Electric. Gary is also a military veteran, having spent twelve years as an officer in the U.S. Army’s Aviation branch.

Ron Shevlin

SPEAKER

Ron Shevlin

Director of Research at Cornerstone Advisors

Ron Shevlin is the Director of Research at Cornerstone Advisors where he heads up the firm’s strategic research efforts, including commissioned research, the Insight Vault service, and the Cornerstone Performance Report. A nationally sought after speaker, Ron is the author of the Amazon best-selling book Smarter Bank, and is the purveyor of fine snark on the Financial Brand’s Snarketing column and the Fintech Snark Tank podcast. Ron’s prior experience includes research and consulting for Aite Group, Forrester Research, and KPMG.

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