Payroll

 Xero Partners with Manilla and Squarespace

January 29, 2014 

Xero Partners with Manilla and Squarespace

Cloud accounting application Xero announced new partnerships today with personal bill tracking application Manilla and web hosting company Squarespace. The company’s announcement comes close after the December launch of Xero Payroll, the announcement of the product’s support for file attachments, and integrations with non-traditional lending sources like Kabbage and FundBox.

Brian Tankersley

 Tax Expert Speaks on Impact of Health Care Reform

January 29, 2014 

Tax Expert Speaks on Impact of Health Care Reform

The new health insurance laws still have many individuals and small business owners scratching their heads. In an effort to help those in North Carolina, Tim Robinson, CPA, tax director at the CPA Firm of Hughes Pittman & Gupton, LLP, in the Raleigh-Durham area, recently spoke to financial executives on compliance with the Affordable Care…

 IRS Proposes Fines For Non-Compliance With Health Insurance Mandate

January 28, 2014 

IRS Proposes Fines For Non-Compliance With Health Insurance Mandate

Most U.S. taxpayers must secure health insurance coverage this year whether they want to or not. But the IRS and Treasury Department have clarified several exceptions to the rules in new proposed regulations relating to the health insurance mandate for individuals.

 Deadline for Forms W-2 and 1099 is on Friday, Jan. 31

January 27, 2014 

Deadline for Forms W-2 and 1099 is on Friday, Jan. 31

Those who paid regular employees or used a contractor for more than $600 in work have until Jan. 31, 2014, to provide the appropriate wage and income reporting form – a W-2 or 1099-MISC – to all recipients. For those who procrastinate, sorting through the various IRS reporting requirements at the last minute can make…

 Special Report Looks at Major Tax Changes of 2013

January 24, 2014 

Special Report Looks at Major Tax Changes of 2013

Thomson Reuters has released a special retrospective report focused on the key tax developments that occurred during 2013, which included a major federal tax law as well as many significant new cases, regulations, rulings, and revenue procedures.

 Some Restaurants Dropping Automatic Tips For Large Groups

January 23, 2014 

Some Restaurants Dropping Automatic Tips For Large Groups

Like most other restaurants in Maine, DiMillo's On the Water in Portland says it will no longer charge automatic gratuities for most large groups now that a change in the federal income tax code has closed a long-standing loophole.

Change-in-Nonfarm-Private-Employment-December-2013

January 22, 2014 

Report: December Was Strongest Jobs Growth Month in 2013

U.S. private-sector franchise jobs increased by 30,250 during the month of December 2013, according to the ADP National Franchise Report. BThe report measures monthly changes in franchise employment derived from ADP’s actual transactional payroll data.