Payroll

May 10, 2016 

BenefitMall’s payroll services for the clients of our CPA and accounting partners can be customized to your desired level of involvement. Simple referral relationship – This approach is preferable to many accounting professionals who have clients who process their own payroll and would benefit from outsourcing. The simple referral relationship with BenefitMall also gives you the...…

May 6, 2016 

The Internal Revenue Service has released temporary and proposed regulations implementing a new voluntary certification program for professional employer organizations (PEOs).

May 6, 2016 

One of the issues that often causes a high degree of client confusion is whether or not a withdrawal from their IRA account will be taxable, and if so, to what extent.

May 6, 2016 

June 30, 2016 is the deadline to electronically file forms 1094s and 1095s for 2015. All applicable large employers (ALE—businesses who employ 50 or more full-time employees or full-time equivalents) received increased ...

May 4, 2016 

Despite the years that have passed since the financial crisis known as the Great Recession, many retirees are still feeling its aftereffects. A new survey from the nonprofit Transamerica Center for Retirement Studies (TCRS) finds that only 45 percent of retirees say that they have either fully financially recovered or were not impacted. Thirty-five percent...…

May 4, 2016 

Employers have dramatically increased their use of social media when looking at potential job candidates, and the trend is growing, according to a new survey by job website CareerBuilder.

May 2, 2016 

According to a recent study from Fifth Third Bank, one in four Americans are debt-free.87 percent of survey respondents know APR is an acronym for annual percentage rate, a key element in loans and credit decisions. 74 percent recognize DTI as the ...

May 2, 2016 

80 percent of respondents said that credit scores were important. When asked what attributes were important in a spouse, 92 percent of survey respondents said financial responsibility.

April 28, 2016 

If the IRS determines employees were erroneously classified as independent contractors, the IRS may notify the workers that they are not entitled to deduct their business expenses from gross income on Schedule C and/or that they were not entitled to ...

April 28, 2016 

The U.S. Department of Labor (DOL) is moving closer to finalizing the biggest change to overtime rules since they were established in 1938. That means potentially big challenges for companies as the proposed changes to the Fair Labor Standards Act (FLSA).

April 26, 2016 

The main reason for making deferred comp payments to retired partners is to “acquire” their clients. If a firm knew for sure that they would lose the clients of a retiree, I doubt that deferred comp payments would be made.

April 26, 2016 

The payroll system, which is fully integrated with Xero’s cloud accounting platform, is now available to small businesses in 22 states including California, Texas, Georgia, New York and Florida. Already covering 70% of the American small business ...