Payroll

November 9, 2015 

As you prepare to safeguard your clients’ information against potential cyber threats, it’s important to consider where your payroll information is being stored. Is it on a laptop, the Cloud, hosted on a server? Each comes with its own set of risks ...

Taija Sparkman

November 6, 2015 

Private sector small business employment increased by 90,000 jobs from September to October according to the October ADP Small Business Report.

November 5, 2015 

Balance clients’ quarterly to annual figures. Check the names, addresses, and Social Security numbers of clients’ employees for errors. Review filing criteria with clients. Compare UI and FUTA wages. Provide clients’ employees with correct forms. Help clients with any notices. File any amendments.

November 4, 2015 

With millions of Americans lacking adequate retirement savings, the U.S. Department of the Treasury has launched myRA, a simple, safe and affordable new savings option for those who don’t have access to a retirement savings plan

November 3, 2015 

Do you provide flexible spending accounts (FSAs) for your employees? Generally, if the FSAs aren't emptied out by year-end, the employees must forfeit the unused funds ... forever.

November 2, 2015 

If you can’t remember the last time you reviewed your employees’ compensation, it’s been too long. Your staff members know what they’re worth and what the local job market is paying, and so should you. At least once a year, benchmark your firm’s ...

Paul McDonald

October 30, 2015 

Known as required minimum distributions (RMDs), these payments normally must be made by the end of 2015. But a special rule allows first-year recipients of these payments, those who reached age 70½ during 2015, to wait until as late as April 1, 2016 ...

October 30, 2015 

This checklist is designed to be a compliance aid to assist with identifying issues and opportunities with a client’s health care coverage readiness. However, it does not detail every potential issue that may be encountered.

October 30, 2015 

In recent years, retirement planning has received plenty of attention. In 2011, the first of the baby boomers reached what used to be known as retirement age. That kicked off an 18-year run for boomers, who’ll be turning 65 at a rate of about 10,000 ...

October 29, 2015 

The annual "Getting Paid In America" survey asked respondents "How do you receive your pay?" Over 93.7 percent of respondents indicated they were paid via direct deposit. Only 4.6 percent indicated they receive their wages via paper paychecks while ...

October 29, 2015 

The federal government allows retirees to start drawing Social Security as early as age 62, a feature that more than 40 percent of Americans take advantage of as they gladly draw from the system they spent a lifetime paying into.

October 28, 2015 

From a business perspective, there’s practically nothing worse than providing goods or services to a customer or client and not getting paid. Or maybe you’ve made loans to vendors or suppliers that haven’t been repaid. It can take a long time to get ...