Benefits

October 14, 2020 

Payroll Relief Accountants World 888-999-1366 www.accountantsworld.com From the 2020 reviews of professional payroll systems. Payroll Relief, from AccountantsWorld is designed for accounting firms that wish to offer payroll services to their clients. Though the application offers complete integration with other AccountantsWorld programs, it can also be used as a stand-alone payroll application if desired. Best...…

Mary Girsch-Bock

October 14, 2020 

RUN Powered by ADP Payroll for Partners (RUN for Partners) is ADP’s white-labeled payroll processing and HR management solution designed for businesses with 1-49 employees. Interfacing with all the major accounting applications, it processes ...

Mary Girsch-Bock

October 14, 2020 

Justworks Payroll www.justworks.com 888-534-1711 From the 2020 reviews of professional payroll systems. Justworks is a PEO (Professional Employer Organization) that has bundled payroll, compliance, HR, and benefits administration under a single umbrella. Designed for smaller businesses that need access to affordably priced benefits and automated payroll and HR services, Justworks is cloud-accessible, with two plans...…

Mary Girsch-Bock

October 14, 2020 

Paychex Flex www.paychex.com From the 2020 reviews of professional payroll systems. Paychex Flex is an online payroll service application from Paychex. Designed for small businesses with up to 50 employees, Paycheck Flex offers three plans: Paychex Go, Paychex Flex Select, and Paychex Flex Enterprise. All three plans offer full-service payroll, including processing and remitting of...…

Mary Girsch-Bock

October 12, 2020 

Having an efficient and secure information flow through your business is a core competency which can either support or undermine your company’s stability and growth. Here are five key ways you can build strength in the core of your business using an ...

October 12, 2020 

Those pushy emails about “e-payments” were probably enticing. Your vendor sent you an invoice—you forwarded it to your payment provider—and they said to the vendor, “Hey, want to get paid faster? Try e-payments! It’s the future!” Little did your vendor realize, “e-payments” is code for virtual cards and credit cards. They would have to pay...…

October 9, 2020 

COVID-19 brought financial challenges to much of the public and forced companies to reimagine how business is done. Congress responded with generous relief, much of which runs through the tax code.

October 9, 2020 

The Small Business Administration (SBA) has issued new guidance relating to a change of ownership of a business entity that has received a tax-favored loan under the Paycheck Protection Program (PPP). Although the SBA procedural notice clarifies the rules, it doesn’t provide all the answers. Background: Under the Coronavirus Aid, Relief, and Economic Security (CARES)...…

October 8, 2020 

The number of Americans seeking unemployment benefits fell for a second week while remaining elevated, as the labor market makes scant progress amid risks of further weakness without additional federal stimulus.

October 8, 2020 

The IRS has electronic filing options, including Free File. Taxpayers and tax professionals should continue to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments.

October 7, 2020 

The AICPA’s most recent Supply and Demand Report shows an interesting trend, one that the industry needs to find a strategy to address. When students first start down the path of becoming an accounting professional, there’s pretty ...

October 5, 2020 

Policy analysts have stated that taxpayers would save roughly the same 20.5% in tax on their contributions to their 401(k)s. This works out to close to $4,000 for a 45-year-old making the maximum annual contribution. It’s not yet clear if the credit ...