Payroll

January 28, 2014 

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.

January 28, 2014 

It was the best of payroll processing times, it was the worst...well, you get the idea. Payroll used to be complex and tedious work, so much that many accounting firms stopped offering the service.

January 27, 2014 

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…

January 24, 2014 

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.

January 23, 2014 

Small businesses are hiring, and employment at smaller firms grew in Illinois and Indiana last month.

January 23, 2014 

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.

January 22, 2014 

Of the more than 119 million households in the U.S., about 6 million, or five percent, of them include a millionaire, according to a new report. But where do they live?

Isaac M. O'Bannon

January 22, 2014 

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.

January 22, 2014 

Talk about March Madness! Office pools and online versions of pick-em games for the NCAA basketball tournament see a lot of money pass hands, but never like this.

January 21, 2014 

You probably know that non-exempt employees are covered under FLSA, which imposes requirements for overtime and other aspects of employment. Exempt employees, on the other hand, are not subject to FLSA.

James Paille

January 21, 2014 

Unless you’ve been living under a rock the last few years, you’re well-aware that the massive health care legislation known informally as “Obamacare” by both its detractors and proponents remains the law of the land.

January 20, 2014 

Starting this year, the credit goes up to 50 percent for for-profit entities, and 35 percent for tax-exempt ones.