Income Tax
Paychex Offers Tax Season Resource Center for Tax Pros
Paychex, Inc., is providing a variety of resources for accounting professionals to help them stay on top of critical payroll, tax, and HR issues that could impact their small business clients.
Feb. 09, 2015
It’s tax season, which means time and resources often run thin for tax professionals. Although best-known for its payroll, HR and benefits services, Paychex, Inc., is providing a variety of resources for accounting professionals to help them stay on top of critical payroll, tax, and HR issues that could impact their small business clients.
“With each new tax season comes a new set of issues and challenges that accountants need to manage for their clients,” said Andrew Childs, vice president of marketing at Paychex. “The tools and resources we provide offer the most current information available and the ability to access them anywhere and anytime to help accountants provide the best client service possible.”
Paychex’s accountant resources include:
2015 Online U.S. Master Tax Guide
This free guide, powered by CCH, reflects federal taxation changes that affect 2014 returns. It provides answers to tax-related questions and explanations of new rules established by court decisions and the IRS. Through the Paychex Accountant Knowledge Center, users can access the guide online and see new information as it is added.
Powered by CCH and provided by Paychex, the Accountant Knowledge Center is a free online resource that every accountant can leverage to help increase productivity and enhance client relationships. It features an unmatched wealth of content, including both federal and state tax resources, payroll and HR news, CCH tax briefings, 150+ financial calculators, the Master Tax Guide, and more.
Paychex Tax Facts provide real-time access to federal and state-specific payroll and retirement rate information. Accountants can customize a client-facing version with their firm name to further position their role as a client’s most trusted advisor.
2015 Federal Tax Key Facts and Figures
This valuable tool is not only relevant during tax season, but all year long. It includes all of the quick reference information that accountants will find useful during the year, such as tax rates and deduction information.
Employer Shared Responsibility Provisions
Help clients prepare for the new Employer Shared Responsibility provisions required by the Affordable Care Act. Beginning this year, employers must track employee hours and evaluate their health benefit plans for coverage adequacy. Paychex resources help accountants, and their clients, understand the details of the provision and what steps they need to take to be in compliance with the new regulations.
With client permission, the Paychex Report Center provides accountants a single source for more than 140 reports, including employee earnings records, W-2s, federal and state tax returns, and more. The reports are easy to generate or export, and can be run by date range.
Again, with client permission, accountants can access payroll, retirement, and benefits data any time, from anywhere with the Paychex Flex mobile app for smartphones and tablets. The app allows accountants to view their Paychex data, customize report favorites, and easily view and toggle between multiple clients.