Payroll March 23, 2023
Unemployment Rate Drops Again
Initial filings for jobless benefits fell by 1,000 to 191,000 in the week ended March 18, Labor Department data showed Thursday.
Payroll March 23, 2023
Paychex Charitable Foundation to Donate $1 Million to Mental Health America
The grant focuses on improving access to mental health education and resources in the company’s key markets across the U.S.
Payroll March 22, 2023
401(k)s Are Now Open to More Part-Time Workers
The 401(k) plan is one of the most popular qualified retirement plans around. However, in the past eligibility was generally restricted to an employer’s full-time employees.
Payroll March 21, 2023
What’s a $100,000 Salary Worth Across America
SmartAsset used its paycheck calculator to apply taxes to an annual salary of $100,000, and adjusted the amount for the local cost of living, including housing, groceries, utilities, transportation and other goods and services...
Payroll March 16, 2023
Small Biz Job Growth Improves
The rate of hiring for U.S. small businesses increased in February led by hiring in the leisure and hospitality industry according to the latest Paychex | IHS Markit Small Business Employment Watch.
Payroll March 14, 2023
Gusto Helps Clients Navigate Silicon Valley Bank Mess
The HR and payroll company has created a resource hub for customers that used the failed bank to fund payroll.
Payroll March 14, 2023
Secure 2.0 Offers New Tax Incentives for Small Business Retirement Plans
The credit is for businesses with up to 100 employees, but the credit is reduced by 2% per employee over 50 employees earning less than 100,000/year.
Payroll March 13, 2023
Court Says Most of California’s Gig Worker Law is Valid; Prop. 22
For gig workers, Prop 22 preserved flexible schedules associated with remaining a contractor but took away protections giving gig workers classification as employees.
Payroll March 13, 2023
Up to 45 Percent of Americans Have a Side Hustle
73% of workers with a side hustle are actively thinking about quitting their job. 60% of workers said that they would rather quit their job than return to the office five days a week.
Payroll March 13, 2023
Global Employers Creating Cross-Border Pensions
Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global workforce.
Advisory March 10, 2023
How Firms Can Use Payroll to Build Trust with Clients
Having insights into payroll also can allow accountants better insight into tax credits that clients may qualify for.
Taxes March 7, 2023
IRS Warns of New W-2 Scams
The IRS is working with payroll companies and large employers to verify W-2 information in light of these scams.