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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. By Nellie Akalp. Filing tax returns and remitting payments on time.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

States eye workforce as a legislative priority for payroll The majority of state legislatures began their legislative sessions this January. A flurry of bills is being proposed in the payroll space — many having to do labor and employment. West Virginia. West Virginia. per hour to $15 per hour by 2025.

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New Square Features Speed Up Payroll For Employers And Workers

PYMNTS

15) announced the launch of two new features the company says will make payroll easier for employers and employees alike. Instant Payments allows Square Payroll customers to fund their payroll using the money in their Square Balance, where sales they process via Square are stored. (NYSE:SQ) on Tuesday (Sept.

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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

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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Heads Up! Payroll Changes Coming in July

ThomsonReuters

As COVID-19 vaccinations continue to rise and a sense of normalcy slowly returns, we can hopefully put tumultuous payroll changes behind us. State by State Payroll Tax Changes. West Virginia. Payroll Changes Coming in July appeared first on Tax & Accounting Blog Posts by Thomson Reuters. South Dakota.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. States with tighter schedules include Illinois and New York (up to 60 days) and Virginia (up to 15 days).

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Automation Will Replace Accountants Who Don’t Even Want Their Jobs, Says Guy

Going Concern

I bring this up because whenever I read an article about how automation will put accountants out of a job I think about that episode. Here are a few recent examples: West Virginia moai family relaxing on their deep woods couch (colorized 2022). Drivel-spewing accounting blog writers? Oh hey isn’t that a meme?