Latest Articles

November 28, 2018 

The acquisition will significantly advance Paychex's leadership position in HR outsourcing, leveraging the scope of the company's technology platform and providing new clients access to Paychex's innovative products and technology-enabled services.

November 28, 2018 

Creating a positive corporate culture is top of mind for employers looking to recruit and retain talent, according to a new study from global staffing firm Robert Half. The research examines why workplace culture is increasingly under ...

November 27, 2018 

In general, gift and estate taxes are calculated, using a unified rate schedule, on taxable transfers of money, property and other assets. Any tax due is determined after applying a credit – formerly known as the unified credit – based on an ...

November 27, 2018 

The TCJA doubles the standard deduction amount for all filing statuses. The standard deduction is a dollar amount that reduces the amount of income on which a taxpayer is taxed and varies according to their filing status. Because of this, many ...

November 27, 2018 

The IRS can more efficiently verify income that individuals report on their tax returns because of the Jan. 31 deadline; this helps prevent fraud. File these forms correctly and timely to avoid penalties. IRS e-file is the quickest, most accurate and ...

November 27, 2018 

In an era where technological advances are evidently making our lives easier, enabling many employees to spend less hours at work and more time doing things they enjoy; it begs the question: What will this mean for the future job market?

November 27, 2018 

The Internal Revenue Service has issued proposed regulations for a provision of the Tax Cuts and Jobs Act, which limits the business interest expense deduction for certain taxpayers. Small businesses whose gross receipts are $25 million or less ...

November 27, 2018 

The Center for Audit Quality (CAQ) has issued its 11th annual request for proposals to fund independent academic research on projects of interest to the auditing profession. To date, the CAQ has funded 39 academic research projects under the ...

November 27, 2018 

Business Foundation Services represent an advisory engagement that provides a firm’s clients with the basics of a new business launch—from entity type and retirement plan selection to accounting software setup and training.

November 26, 2018 

Firms should focus on mastering solutions to help employees work efficiently and effectively; whether it’s aggregating and analyzing client data in real time, or integrating business intelligence tools to support data-driven decision making.

November 26, 2018 

The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four years after the date that the tax becomes due or paid, whichever is later.

November 26, 2018 

Friday, Feb. 1, 2019 (maybe) -- But more likely, Friday, Feb. 8 or 15... Probably in February, because of the changes to the tax laws this year, and because those with certain tax credits have to wait longer to protect against fraud.