Payroll

medicaid1

August 19, 2014 

Report: Illinois Overdrew from Federal Medicaid Account

Illinois overdrew money from a federal Medicaid account by an average of $60 million per quarter over a three-year period because of "faulty" and "imprecise" practices, according to a federal audit released Monday.

retirement-blog-department-of-treasury-seal-building1

August 18, 2014 

IRS Issues New Regs for Longevity Annuities, Exempt from RMD Rules

People are living longer due to medical advances and other factors. So it only stands to reason that outliving your retirement savings is becoming a greater concern. Nevertheless, the IRS continues to insist that elderly taxpayers make “required minimum distributions” (RMDs) from their qualified retirement plans and IRAs each and every year.

Ken Berry, JD

paychex app 5616ac0475157

August 14, 2014 

Paychex Flex

The Paychex Flex app can be used by previously registered Paychex Online users. Paychex Flex keeps employers and employees connected to the most vital payroll and benefits features. Available features will vary and are dependent upon your company's ...

payroll-word-cloud_11621403

August 12, 2014 

To Payroll or Not to Payroll? That is the Question… For CPA Startups Now and Then

Los Angeles-based Team Jenn Corp founder Jennifer McCabe is a careful proponent of offering payroll services. “I won’t minimize it, payroll errors can be a nightmare. But payroll is an important part of the confidential employee relationship bucket.” Offering payroll services can also help to instill invaluable confidence and a deep relationship. “It’s worth it.…

Lori Bolas

independentcontractor21_11621257

August 12, 2014 

Employee vs. Independent Contractor: Do You Know the Rules?

When you’re running a business and someone works for you or provides a service, you pay them. That’s easy. What isn’t always so easy is determining how you should treat those payments. Before you enter into a business relationship, it’s important to establish the type of relationship – is this person providing services as an…

Taija Sparkman

healthcare

August 6, 2014 

Insurance Rebates On Way to Many Consumers and Businesses

California is just one of many states where health insurers owe refunds to thousands of consumers and businesses under requirements of the federal healthcare law. For California alone, the total refunds equal about $11.9 million.