Anders CPA

MAY 15, 2023

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Contact Anders The post Employer Payroll Tax Obligations When Employees Work Out-Of-State appeared first on Anders CPA.

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payroll tax payroll South Dakota Rhode Island 52

CPA Practice

MAY 11, 2023

In a recent study, Tipalti found which states were the best to pursue a career in finance or accounting by analyzing the number of jobs available, average salaries, and university rankings. Here’s which states ranked best for a career in finance or accounting. They also determined the best-paying jobs for finance graduates.

Account 104

Account accountant accounted accounting and finance 104

ThomsonReuters

MARCH 8, 2021

Perkins chose to challenge and made changes in many ways for women but also for the payroll professional. Minimum wage and overtime laws, unemployment and Social Security are but some of her contributions that almost every payroll professional is familiar with. She was also honored with a postage stamp that year. Federal News.

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payroll Connecticut Alabama Virginia 52

Going Concern

AUGUST 12, 2022

A man in Connecticut is accused of taking $373,201 in PPP loans to fund a phony accounting firm : Eric James O’Neil, 57, was arrested Aug. O’Neil formed Accountant “R” Us Inc. O’Neil formed Accountant “R” Us Inc. O’Neil certified that Accountant “R” Us Inc. There were no employees.

Idaho 57

Idaho Connecticut Tax income tax 57

ThomsonReuters

JUNE 28, 2021

Although it is possible to automate payroll systems to account for these minimum wage increases, it is a good idea for payroll professionals to be aware of these changes to avoid the possibility of underpaying employees. Now let’s go over some federal and state payroll stories from the past week. Federal News.

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payroll income tax California North Dakota 52

CPA Practice

JANUARY 11, 2024

Top 60 accounting firm Prager Metis has expanded its presence in North Carolina by combining with Asheville-based Goldsmith Molis & Gray, a full-service tax, accounting, payroll, and consulting firm. offices in California, Connecticut, Florida, Massachusetts, Nevada, New Jersey, New York, and Virginia.

North Carolina 59

North Carolina Nevada Connecticut New Jersey 59

ThomsonReuters

JULY 29, 2021

Now let’s go over some of the more important payroll stories from the past week. Connecticut legislation will increase the state’s unemployment taxable wage base by $10,000 on January 1, 2024 (from $15,000 to $25,000). The post Last Week in Payroll: Heat Index appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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payroll New Jersey Idaho Wisconsin 52

ThomsonReuters

APRIL 26, 2022

Connecticut Requirements for Renewable Energy Employers. that is tasked with accounting all workers in the fossil fuel energy sector as well as the anticipated closure dates of fossil fuel plants, nuclear power plants, and coal mines, and the impacts of closures including layoff numbers, early retirements, and salary changes.

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CPA Practice

FEBRUARY 7, 2024

The tax deadline extension for Maine follows tax relief for Connecticut and Rhode Island , announced by the IRS earlier this year. Quarterly payroll and excise tax returns normally due on Jan. Contributions for these accounts were originally due on Tax Day, April 15, 2024. 16 and April 15, 2024. 31 and April 30, 2024.

Maine 52

Maine Rhode Island Tax tax return 52

ThomsonReuters

JUNE 21, 2021

Connecticut legislation would allow student athletes to earn compensation through an endorsement contract or employment in an activity unrelated to any intercollegiate athletic program. COVID-19 related claims filed between March 14, 2021, through July 3, 2021, will not be charged against employer accounts. . Learn more.

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payroll Tax Missouri Massachusetts 52

ThomsonReuters

AUGUST 16, 2021

Connecticut. . Connecticut also has an Executive Order for a mask mandate. In addition, please reach out to a sales or service specialist at Thomson Reuters Checkpoint for information on how our products can help you navigate through payroll tax and non-tax topics. Masks are not required while eating or drinking.

Legal 52

Legal payroll Connecticut Virginia 52

CPA Practice

DECEMBER 19, 2023

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. She is the CEO of CorpNet , the most innovative way to start a business, register for payroll taxes, and maintain business compliance across the United States.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

ThomsonReuters

FEBRUARY 7, 2022

A new year brings minimum wage increases in 21 states while Connecticut and Florida will increase their minimum wage rates later in the year. Connecticut. It is crucial that payroll professionals familiarize themselves with minimum wage rates for garnishment calculations in 2022. . per hour; $9.54 per hour for tipped workers

Rhode Island 92

Rhode Island South Dakota Connecticut Agriculture 92

ThomsonReuters

JANUARY 16, 2024

The Act also includes several smaller non-retirement tax provisions, including changes to ABLE accounts under Code Sec. Payroll-related forms impacted by the reduced threshold include: Form W-2 Form 1099 series, including Form 1099-NEC, 1099-MISC, and 1099-R.

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Tax income tax tax planning payroll 52

ThomsonReuters

MAY 3, 2021

Connecticut. Effective January 1, 2022, the Connecticut Family Medical Leave program provides up to twelve weeks of paid leave through employee payroll contributions. . Connecticut. In the absence of a national program, several states have created state-administered paid family and medical leave programs. California.

Rhode Island 52

Rhode Island Hawaii Oregon Connecticut 52

ThomsonReuters

OCTOBER 6, 2021

Each state gets to decide what matters most — your payroll, property, or sales — and in what ratio to account for them. Most states use one of three apportionment formulas: An equally weighted three-factor formula that takes payroll, property, and sales into account in equal measure, also known as the.

income tax 52

income tax Tax payroll Massachusetts 52

CPA Practice

OCTOBER 18, 2023

Property and payroll taxes In addition to business or personal income taxes and sales tax, property and payroll taxes are important considerations. Payroll taxes, such as unemployment insurance and workers’ compensation, can also vary across states and affect your labor costs.

business tax 59

business tax Tax Alaska South Dakota 59

ThomsonReuters

FEBRUARY 7, 2022

California, Connecticut, the District of Columbia, Massachusetts, New Jersey, New York, Rhode Island, and Washington have Paid Family and Medical Leave Insurance (PFMLI) programs with employers and/or employees contributing to the fund. The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L.

Missouri 98

Missouri Rhode Island Nebraska Mississippi 98

ThomsonReuters

MARCH 3, 2022

In 2021 alone, legal battles and legislation in Pennsylvania, California, and Connecticut directly addressed student-athlete compensation and worker classification. NCAA Student-Athlete Worker Classification Battle Heats Up appeared first on Tax & Accounting Blog Posts by Thomson Reuters. A case in the U.S.

Connecticut 52

Connecticut Pennsylvania California Non-Profits 52

CPA Practice

AUGUST 31, 2023

Add the retirement conversation to your advisory agenda : Often, clients don’t know what to expect from their accountant or an advisory relationship. Advise your client throughout the year on strategies such as estimated tax payments, early withdrawals from retirement accounts, and the max income limits to qualify to contribute to a Roth IRA.

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quickbooks bookkeeping course Tax CPA 59

ThomsonReuters

JANUARY 24, 2022

The question arises whether a worker who refuses an employer’s vaccine mandate is eligible to collect unemployment benefits, and if so, are employer unemployment accounts impacted by those claims. Connecticut. The Connecticut Department of Labor did not respond to our request. California. Legislation ( L.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119

PYMNTS

SEPTEMBER 23, 2019

In 1880, he published a book titled “ The Art Of Money Getting ” to share what he had learned as an entrepreneur and local politician in the town of Bridgeport, Connecticut, where he and his family lived. Lesser-known about Barnum are his many business and financial ups and downs, including his fight back from bankruptcy in the mid-1800s.

B2B 61

B2B Connecticut payroll B2C 61

PYMNTS

DECEMBER 12, 2018

It’s also about providing payroll services for employees. Earlier this month the company announced a partnership with the Credit Union League of Connecticut, focused on the deployment of the Green Check platform. “We without resorting to cash. Cash transactions carry any number of surcharges, some hidden, some explicit.

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Legal Connecticut payroll Tax 68