August 28, 2022
Found guilty of defrauding the IRS out of more than $25 million in income and Social Security and Medicare taxes that should have been collected and...
August 18, 2022
The legislation allows an additional payroll research tax credit of up to $250,000 against the legislation allows an additional payroll research tax credit of up to $250,000 against Medicare Hospital Insurance tax ...
September 1, 2020
Now that the conventions of both major parties have wrapped up, we’re heading into the home stretch of the presidential election race. Naturally, taxes will be a major point of contention.
January 11, 2018
The updated withholding information shows the new rates for employers to use during 2018. Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018.
November 2, 2017
Twenty-seven states — plus Washington, D.C. — index their minimum wages to rise automatically with the cost of living. More states will index minimum wage increases annually, starting in the following years, like: Minnesota (2018), Michigan (2019) and ...
January 24, 2016
The tax relief postpones various tax filing and payment deadlines that occurred starting on Dec. 23, 2015. As a result, affected individuals and businesses will have until May 16, 2016 to file their returns and pay any taxes due.
December 13, 2015
Employers, especially those facing liquidity difficulties, sometimes inappropriately divert funds withheld from employees’ pay for working capital or other purposes. Even when well-intentioned, such diversions can quickly result in mounting tax ...
September 12, 2014
Payroll is not a four letter word. Human Resources (HR) is an additional opportunity to help clients and tie them closer to your firm and services. While many CPA firms use outsourced services for payroll and HR, technology has made providing these services easier and more profitable.
August 13, 2014
According to a new report by the agency that oversees the nation's taxing authority, records at the Internal Revenue Service (IRS) indicate that while the majority of tax-exempt organizations are in compliance with all of their obligations, those that do not often are significantly delinquent on payroll taxes.
August 12, 2014
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…
June 4, 2014
Paycom, which makes cloud-based payroll and human resources systems, has added a new Push Reporting feature to its payroll system. The feature is meant to increase the quality, speed and efficiency in which human resource executives can populate, produce and analyze employee data generated reports.
May 8, 2014
The IRS recently released new tax forms for Tax Year 2014, for which individuals will file by April 15, 2015.