ThomsonReuters

APRIL 18, 2023

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

payroll 107

payroll payroll tax Tax audit 107

CPA Practice

APRIL 15, 2024

NLP integrates data analytics tools, identifies patterns, and performs predictive analysis, enabling CPAs to offer expert financial advice to their clients. The accounting profession is moving beyond bookkeeping and payroll activities and has taken a turn toward strategizing for future businesses. What is next?

CPA 122

CPA Technology accounting and finance cpas 122

CPA Practice

JANUARY 23, 2024

Patriot Software, a national accounting and payroll software company, has released its inaugural Small Business Payroll Index , which will be published monthly. This index represents the monthly percentage change in the number of workers who were added to or removed from Patriot’s payroll software. “I

payroll 105

payroll Account accountant accounted 105

CPA Practice

JANUARY 9, 2024

FreshBooks , a maker of cloud-based accounting software for small businesses and accountants, is expanding its suite of services with the launch of FreshBooks Payroll. This is an integrated payroll solution for U.S. based customers, leveraging Gusto’s top-of-the-line payroll technology.

payroll 115

payroll bookkeeping Technology accounting software 115

Withum

NOVEMBER 2, 2023

In this digital age, efficient payroll processes are not just about cutting checks; they are a strategic tool that can drive business growth. Here are five key components to a successful payroll management system that all staffing businesses should implement. Essential Components for Effective Payroll Management 1.

payroll 59

payroll Legal CPA accounting system 59

CPA Practice

APRIL 30, 2024

The charges allege that Lautigar embezzled $344,813 from her clients’ bank accounts while providing accounting and payroll services under Edina Business Solutions and Jeana Lautigar CPA Inc. Prosecutors also say she underreported her earnings, leading to a loss of nearly $85,000 in tax collections.

Minnesota 52

Minnesota CPA payroll public accounting 52

Shay CPA

MARCH 6, 2024

For most companies, payroll makes up a huge category in the latter. It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. To submit it, you need to attach it to your payroll tax returns (e.g.,

payroll tax 52

payroll tax payroll Tax tax return 52

SkagitCountyTaxServices

DECEMBER 7, 2023

Another of those areas is payroll reconciliation. There are a number of items to pay special attention to this month to help you prepare to run year-end payroll. I’ve got a payroll reconciliation list for you. First, there is some information to verify for your year-end payroll reconciliation process.

payroll 76

payroll tax return payroll tax Tax 76

CPA Practice

MAY 19, 2023

Salsa , a startup that allows software platforms to embed and launch payroll features inside their own products, announced today it has raised $10 million in funding to modernize the way workers get paid. They are joined by the team that built many of the leading payroll products in the market today, like QuickBooks Payroll, Xero, and Gusto.

payroll 98

payroll quickbooks Tax Sales 98

CPA Practice

MAY 9, 2024

Prompt : Develop a 3-month content calendar for our blog including topics such as [payroll pain points for seasonal companies, business expenses for realtors, etc.] Email Marketing Once Copilot is integrated with your email software, you can use it to create email templates and personalized content.

cpa firm 72

cpa firm CPA payroll Technology 72

CPA Practice

OCTOBER 2, 2023

The combination of the two firms may result in the “largest minority-owned CPA in the United States,” said Hannah Paige Michels, the marketing manager at Venning. We are thrilled to announce the ownership change and rebranding of our firm as Venning,” said Jerry Bankowski, CPA, outgoing President and Shareholder of Venning & Jacques, Inc.

cpa firm 80

cpa firm Massachusetts CPA accounting firms 80

RogerRossmeisl

NOVEMBER 8, 2023

Construction Some types of fraud are more prevalent in the construction industry, particularly payroll and billing fraud. To prevent payroll fraud, have someone independent of your accounting department verify the names and pay rates on your.

Real Estate 241

Real Estate Construction payroll Transportation 241

Anders CPA

MAY 23, 2023

Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.

payroll tax 98

payroll tax payroll Rhode Island Tax 98

CapataCPA

SEPTEMBER 1, 2020

Deferring Employee Payroll Taxes The U.S. Treasury and IRS have released the initial guidance, Notice 2020-25, to put into operation the President’s Executive Order, which allows employers to defer employee payroll taxes beginning on September 1, 2020. The employer is the “affected taxpayer” in this Executive Order.

payroll tax 98

payroll tax payroll Tax cpa firm 98

RogerRossmeisl

APRIL 30, 2024

Family members on the payroll Family-owned businesses aren’t usually run like large public companies. The post Challenges of Valuing Family-Owned Businesses appeared first on Roger Rossmeisl, CPA. Working together can bring out the best — and worst — in families. For starters, “family business” and “nepotism” often go hand in hand.

payroll 130

payroll CPA 130

CPA Practice

APRIL 30, 2024

When you incorporate predictive analytics, generative AI and other advanced technologies into everyday workflows at your CPA firm, you are taking on much more than a technology upgrade. Improved client interactions with generative AI Generative AI also has a role to play in increasing your CPA firm’s ability to retain and attract clients.

Technology 52

Technology CPA cpa firm accounting and finance 52

CPA Practice

NOVEMBER 14, 2023

Intuit, the maker of QuickBooks , TurboTax , Credit Karma , and Mailchimp , has partnered with Allstate Health Solutions to provide QuickBooks Online Payroll customers with expanded insurance options for their employees, in time for open enrollment season.

quickbooks 98

quickbooks payroll Healthcare Hospitality 98

CPA Practice

APRIL 22, 2024

Although he wasn’t involved with payroll, he had check-signing authority over one bank account used solely to buy parts for the business. A part-time bookkeeper at Urgent Care who was paid an hourly rate handled the company payroll. This issue is often contested in the courts. Not my job. Sense of urgency.

payroll tax 52

payroll tax payroll Tax Pennsylvania 52

Anders CPA

JANUARY 31, 2024

401(k) audit director and practice leader Kim Moore, CPA , discussed ways to increase proactiveness with audit and assurance manager Karen Hill, CPA , on their podcast, 401(k) Audit CPA Success Show. Also include your payroll system in the calendar to be sure you don’t miss important dates or fail to implement updates.

audit 52

audit CPA payroll Education 52

CPA Practice

JANUARY 31, 2024

For 75 years, ADP has been at the forefront of payroll and HR innovation. Using an intuitive, conversational interface, ADP Assist provides valuable and contextual insights which touch every aspect of HR – payroll, time, talent, benefits, recruitment, analytics, reporting and compliance. ADP Assist validates payroll information.

payroll 88

payroll Government Technology Tax 88

CPA Practice

MARCH 10, 2023

Payroll is one of those opportunities. Why get involved in payroll? Payroll processing is an entry point to many additional advisory services. Payroll has the benefit of being a high-touch service that can help create a closer relationship between accountant and client.

payroll 105

payroll accounting firms Tax Education 105

CPA Practice

OCTOBER 2, 2023

However, it doesn’t mean CPA firms are finding it any easier to staff available positions — or hold on to the valued employees they already have in place. Our research provides some answers that can help CPA firms with hiring and retention. This is good news for employers overall. Robert Half’s research on U.S.

accounting and finance 128

accounting and finance cpa firm CPA Finance 128

ThomsonReuters

FEBRUARY 28, 2024

She decided to skip law school and instead took a job as a bookkeeper, finding her chosen profession and going back to school to earn her CPA. A culture of happiness and growth In the six years after she became a CPA, Shaul worked at several accounting firms and experienced some less-than-ideal managers.

cpa firm 98

cpa firm CPA Non-Profits financial statements 98

CPA Practice

AUGUST 17, 2023

A New Jersey business owner faces a federal prison sentence after failing to pay more than $10 million in payroll taxes. Josef Neuman, 37, of Lakewood, pleaded guilty to willful failure to pay over payroll taxes, the U.S. In all, he defrauded the government of $10,884,373 in payroll taxes in 2017 and 2018. By Jeff Goldman.

New Jersey 98

New Jersey payroll tax payroll Tax 98

RogerRossmeisl

APRIL 10, 2023

You can save family income and payroll taxes by putting your child on the payroll. The post The Tax Advantages of Hiring Your Child This Summer appeared first on Roger Rossmeisl, CPA. Summer is around the corner so you may be thinking about hiring young people at your small business. It’s a win-win!

Tax 245

Tax payroll tax payroll CPA 245

Shay CPA

JUNE 7, 2023

And, of course, you can’t forget about how your layoffs impact your books and payroll. And if you’re in this boat, you should know what it means for your books and your payroll. This will mean more paperwork in the immediate future to close in the state, but it can simplify your books, taxes, and payroll in the long term.

payroll 52

payroll Montana Hawaii Utah 52

Snyder

FEBRUARY 12, 2023

Payroll taxes can be daunting for employers to calculate and pay. With the numerous tax laws, regulations and compliance requirements, employers are required to be up-to-date on the latest regulations to ensure they’re making accurate and timely payroll tax payments. So how is payroll tax calculated? What is a payroll tax?

payroll tax 52

payroll tax payroll Tax income tax 52

CPA Practice

NOVEMBER 1, 2023

CPA firm leaders outlining staffing plans for the coming year can’t help but worry if they will hit their hiring goals. CPA firms are bearing the brunt of other trends, too, like the dwindling population of college students graduating with accounting degrees.

cpa firm 115

cpa firm CPA accounting and finance auditor 115

MyIRSRelief

OCTOBER 1, 2019

If you are facing payroll tax problems, then you have a serious issue on your hands. A good starting point is understanding how payroll tax problems can begin. 941/940 Payroll Tax Employment Issues. This means having to keep track of all payroll and the appropriate taxes that must be withheld.

payroll tax 100

payroll tax payroll Tax tax return 100

Ronika Khanna CPA,CA

APRIL 26, 2024

Payroll Deductions at Source Payments to CRA and RQ: Before setting up the DAS payments online, make sure that you have registered for payroll and have the breakdown of deductions at source for salaries paid. The form number TPZ 1015 for all payroll types and R14.1 The form number TPZ 1015 for all payroll types and R14.1

corporation tax 74

corporation tax payroll Tax Sales 74

Shay CPA

JANUARY 11, 2023

If you’re interested in hiring abroad, explore your international payroll solutions. Deel’s global payroll services also function through employer-of-record services. And they can help you make data-driven decisions with their user-friendly dashboards to track payroll, benefits, and more. . Remove vs. Deel: how each works.

payroll 52

payroll payroll tax NetSuite quickbooks 52

CPA Practice

MARCH 18, 2024

Now, a first-of-its-kind state payroll tax aims to assist eligible families with a significant challenge—long-term care costs—through a Washington Cares program. Will other states, like California, implement similar initiatives involving payroll tax deductions? Those payroll deductions started last year, July 1, 2023.

payroll tax 59

payroll tax Washington payroll Tax 59

Shay CPA

MAY 3, 2023

For most companies, payroll makes up a huge category in the latter. It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. To submit it, you need to attach it to your payroll tax returns (e.g.,

payroll tax 52

payroll tax payroll Tax tax return 52

SkagitCountyTaxServices

APRIL 20, 2022

What is the Best Payroll Software for Your Skagit County Small Business? The biggest thrill wasn’t in winning on Sunday but in meeting the payroll on Monday.” – Art Rooney, founder, Pittsburgh Steelers. Payroll software can take the headache out of that job, but you have to know what you need and what it can deliver.

payroll 89

payroll payroll tax CPA quickbooks 89

RogerRossmeisl

MAY 15, 2023

If a worker is an employee, your company must withhold federal income and payroll taxes and pay the employer’s share of FICA taxes on the wages, plus FUTA tax. The post If You’re Hiring Independent Contractors, Make Sure They’re Properly Handled appeared first on Roger Rossmeisl, CPA. In addition, there.

payroll tax 237

payroll tax CPA payroll Tax 237

Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users. Welsh said.

CPA 105

CPA quickbooks Real Estate auditor 105

CPA Practice

MARCH 19, 2024

By Jerry McDonald, Bay Area News Group (TNS) The San Francisco 49ers will pick a little later in the fourth round this year and will forfeit a fifth-round selection in the 2025 NFL Draft after being penalized by the NFL for payroll accounting errors at the close of the 2022 league year. Instead of picking at No. Instead of picking at No.

payroll 69

payroll Account accountant accounted 69