May 28, 2016
As part of Xero’s payroll offering, employers can pay employees through direct deposit or with instant paychecks. Timesheets are included at no extra cost and employees are also provided with their own app, through which they can enter their ...
May 25, 2016
On its tax returns, the company deducted about $4 million in compensation and $7.3 million paid to the sons in 2003 and 2004, respectively. The IRS audited the business and partially disallowed the deductions for compensation.
May 24, 2016
As more politicians and union-affiliated groups push for higher minimum wages, employers need to prepare now for the significant financial, compliance, and regulatory challenges these changes bring.
May 23, 2016
As a result of the Labor Department's new overtime rules, management positions in restaurants will disappear, limiting career advancement and hurting restaurant employees and owners, according to the National Council of Chain Restaurants.
May 23, 2016
For businesses, this could be the next big compliance challenge following the Affordable Care Act. So it’s concerning that many employers are not fully prepared to navigate the new rules.
May 19, 2016
Paille has been a member of the APA since it was founded in 1982 and served on its board of directors for the past 11 years. He brings to the position a wealth of knowledge from an accounting and finance career that spans 40 years.
May 10, 2016
BenefitMall’s payroll services for the clients of our CPA and accounting partners can be customized to your desired level of involvement. Simple referral relationship – This approach is preferable to many accounting professionals who have clients who process their own payroll and would benefit from outsourcing. The simple referral relationship with BenefitMall also gives you the...…
May 6, 2016
June 30, 2016 is the deadline to electronically file forms 1094s and 1095s for 2015. All applicable large employers (ALE—businesses who employ 50 or more full-time employees or full-time equivalents) received increased ...
April 28, 2016
If the IRS determines employees were erroneously classified as independent contractors, the IRS may notify the workers that they are not entitled to deduct their business expenses from gross income on Schedule C and/or that they were not entitled to ...
April 28, 2016
The U.S. Department of Labor (DOL) is moving closer to finalizing the biggest change to overtime rules since they were established in 1938. That means potentially big challenges for companies as the proposed changes to the Fair Labor Standards Act (FLSA).
April 26, 2016
The payroll system, which is fully integrated with Xero’s cloud accounting platform, is now available to small businesses in 22 states including California, Texas, Georgia, New York and Florida. Already covering 70% of the American small business ...
April 20, 2016
Although federal anti-discrimination laws have long required that women and men are paid equally for the same work, the new law in California not only expands what may constitute a similar job, but also places the burden of demonstrating that any ...