Payroll

surepayroll_logo

October 14, 2020 

2020 Review of SurePayroll

SurePayroll/SurePayroll for Accountants SurePayroll – A Paychex Company www.surepayroll.com 877-954-7873 From the 2020 reviews of professional payroll systems. SurePayroll from Paychex is designed for small businesses with fewer than 100 employees. SurePayroll offers two plan options: Self-Service for those who wish to manage all payroll in-house, and full-service, which includes complete payroll processing and tax...…

Mary Girsch-Bock

amslogo3[1]

October 14, 2020 

2020 Review of AMS 1099 Forms Filer/Payroll

AMS Payroll – 1099 Forms Filer/Payroll Advanced Micro Solutions www.1099-etc.comAMS 800-536-1099 From the 2020 reviews of professional payroll systems. AMS Payroll/1099 Forms Filer/Payroll (AMS Payroll) from Advanced Micro Solutions is an add-on module that is designed to work with W-2/1099 Forms Filer. Though AMS Payroll also works with other AMS applications, it cannot be used...…

Mary Girsch-Bock

paychex

October 14, 2020 

2020 Review of Paychex Flex

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

economy graph chart 1_10919395

October 12, 2020 

79% of Americans Still Feeling Financial Stress Due to Covid

About one third (34 percent) of Americans say they are “extremely/very concerned” about their personal financial situation right now, compared to 43 percent when the survey was issued in April. Combined with the 34 percent who say they are ...

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October 12, 2020 

The Unspoken Tradeoffs of Virtual Cards

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...…

payroll

October 9, 2020 

35% of U.S. Companies Cutting Projected Pay Raises for 2021

The survey also found two in three employers (66%) are planning to award annual performance bonuses next year while less than one in 10 (8%) don’t expect to do so. The remaining 26% are undecided. Among respondents who plan to ...

PPP Paycheck Protection Program

October 9, 2020 

New SBA Guidance on Ownership Changes of PPP Borrowers

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)...…

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October 8, 2020 

Many Workers Feeling More Burned Out

More than one-third of workers surveyed (34%) said they are more burned out on the job today compared to a year ago. Of those respondents, 30% pointed to having a fuller plate at work as the top reason for rising levels of fatigue.

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October 8, 2020 

IRS Offers Final Regs for Tax Withholding for Retirement and Annuity Payments

The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations updating the federal income tax withholding rules for certain periodic retirement and annuity payments made after Dec. 31, 2020.  Prior to the Tax Cuts and Jobs Act (TCJA), if no withholding certificate was in effect for a taxpayer’s periodic payments,...…

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October 8, 2020 

Report Shows 840,000 New Unemployment Claims

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.