Payroll

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November 12, 2014 

IRS Grants Taxpayers More Leeway on IRA Rollovers

Once the Tax Court ruled against a taxpayer in a controversial interpretation of the “once-a-year” rollover rule for IRAs, the IRS was only too willing and eager to jump on the bandwagon. But at least it delayed enforcement of the ruling until January 1, 2015. Now, under new guidance just issued by the IRS, procrastinators...…

Ken Berry, JD

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November 5, 2014 

Xero Acquires Monchilla to Expand Payroll Services in the U.S.

Online accounting software maker Xero has acquired Seattle-based online payroll company, Monchilla Inc. The move shows Xero’s continued commitment to the U.S. market to provide small businesses with an innovative cloud-based financial platform with ...