ThomsonReuters

JULY 7, 2021

In general, the federal income tax, Social Security tax, FUTA tax, Medicare tax, and Additional Medicare tax are considered employment or payroll taxes. These two federal laws contained payroll-related provisions aimed at helping employers and employees during the pandemic. Payroll tax relief. Worksheet 5. Federal News.

payroll 59

payroll Tax income tax payroll tax 59

Xero

JANUARY 9, 2024

The XPAC is made up of a diverse panel of accountants and bookkeepers who are thought leaders and pioneers in the profession, and eager to share their unique ways of thinking, case studies and past successes to inform the future. Korbyn Gallegos, Director of Accounting, Ignite Spot Korbyn has been a critical player at Ignite Spot since 2015.

Alabama 77

Alabama bookkeeping Technology E-commerce 77

Xero

APRIL 16, 2023

Build new automated workflows Complex layers of approval processes can hold up your accounts payable and receivable, no matter how large your business is. Another great option is Lightyear , which focuses on automating Purchasing and Accounts Payable. Beside our own Xero Payroll , there are plenty of industry specific apps.

accounts payable 69

accounts payable Approval Workflows payroll Agriculture 69

Xero

NOVEMBER 21, 2022

We’re incredibly excited to share that Baker Tilly Canada has achieved Xero’s Platinum Partner status, which demonstrates the audit, tax and advisory network is helping to lead the way with the future of cloud accounting in Canada. Learn more about Baker Tilly Advantage’s next-level cloud accounting here.

Agriculture 86

Agriculture Technology accounts payable audit 86

CPA Practice

NOVEMBER 9, 2023

For example, cannabusinesses would be able to file for deductions for all of their business expenses as any regular business would, including utilities, payroll, marketing and more. Credits will also be made available for research related to technology, agriculture, and medical advancements.

Non-Profits 85

Non-Profits Real Estate Agriculture Legal 85

ThomsonReuters

FEBRUARY 7, 2022

Agricultural range workers: $515.00 per hour for agricultural workers . It is crucial that payroll professionals familiarize themselves with minimum wage rates for garnishment calculations in 2022. . Employers with 50 or more employees: $16.50 Employers with fewer than 50 employees: $16.00 per hour. . per hour; $9.54

Rhode Island 92

Rhode Island South Dakota Connecticut Agriculture 92

PYMNTS

JULY 15, 2019

While concerns over a possible upcoming economic recession are beginning to seep into the corporate world, and while smaller businesses are struggling to find adequate talent to grow, overall, some economists welcomed the most recent payroll figures from the U.S. Bureau of Labor Statistics, ADP, and others. Yet when the U.S.

Agriculture 56

Agriculture accounting and finance Construction California 56

inDinero Tax Tips

MARCH 17, 2023

It’s due to the IRS on a quarterly basis and is part of your responsibility to withhold and remit payroll taxes. Do that on a monthly or semi weekly basis via your tax accountant or through the EFTPS. If you have more than a handful of employees, the easiest way to file is to hire an accounting professional.

payroll tax 52

payroll tax payroll Tax Agriculture 52

inDinero Tax Tips

MARCH 17, 2023

It’s due to the IRS on a quarterly basis and is part of your responsibility to withhold and remit payroll taxes. Do that on a monthly or semi weekly basis via your tax accountant or through the EFTPS. If you have more than a handful of employees, the easiest way to file is to hire an accounting professional.

payroll tax 52

payroll tax payroll Tax Agriculture 52

ThomsonReuters

FEBRUARY 28, 2022

Highlight: The IRS Form 941 is one of the most important payroll-related tax returns used by businesses to report employment taxes, including federal income tax withholding, Social Security tax, Medicare tax, and Additional Medicare tax. Stay up to date on Form 941 changes with a payroll resource guide. What is the IRS Form 941?

income tax 98

income tax tax return payroll Tax 98

PYMNTS

MAY 22, 2020

Apollo Agriculture. Kenya’s Apollo Agriculture connects small, independent farmers in the country with a product suite that includes working capital financing, data analytics, equipment procurement and more. Khatabook offers SMBs a way to digitally record transactions to more efficiently manage finances and accounting.

Finance 56

Finance B2B Agriculture accounting and finance 56

PYMNTS

JANUARY 14, 2020

ATCE Holdings recently announced the launch of its EtudePay Payment System and the EtudeDigital core banking apparatus, initiatives that see the company developing a new payment rail from the ground-up — with the agriculture industry the first to test the technology. One of our points of value is to say we built this for the banks,” he said.

Agriculture 53

Agriculture B2B accounts payable accounting and finance 53

CPA Practice

NOVEMBER 7, 2023

For example, cannabusinesses would be able to file for deductions for all of their business expenses as any regular business would, including utilities, payroll, marketing and more. Credits will also be made available for research related to technology, agriculture, and medical advancements.

Non-Profits 40

Non-Profits Real Estate Agriculture Legal 40

PYMNTS

SEPTEMBER 23, 2019

only agriculture and hunting invest less in digitization than the construction industry, according to recent data. The most wanted functionality is quick cost estimates (60 percent), while accounting (37 percent) is also a popular feature. This digital shift hasn’t affected all businesses equally, though. In the U.S.,

Construction 67

Construction Expense Reimbursements Agriculture accounts payable 67

KROST

DECEMBER 22, 2020

In addition to payroll, rent, mortgage interest, and utility expenses, there are four new categories: a. The estimated amount of the loan amount spent by the borrower on payroll costs. the average monthly payroll costs or $2 million. the average monthly payroll costs or $2 million. Covered operations expenditure.

payroll 53

payroll Agriculture Tax Hospitality 53

ThomsonReuters

JUNE 14, 2021

The IRS has posted a June 2021 draft version of the Form 941 , Employer’s Quarterly Federal Tax Return, instructions that take into account the amended and expanded coronavirus (COVID-19) pandemic tax credits and the new COBRA premium assistance credit from the American Rescue Plan Act (ARPA). Draft instructions of Form 941 and schedules.

payroll 98

payroll Missouri Virginia Delaware 98

ThomsonReuters

JULY 13, 2021

Now let’s take a look at some of the more important payroll stories from the past week. The IRS has issued a draft version of Form 943, Employer’s Annual Federal Tax Return for Agricultural Employees and Form 945, Annual Return of Withheld Federal Income Tax. The IRS’s most recent estimate of the tax gap was $441 billion. Federal News.

payroll 98

payroll income tax Vermont tax return 98

ThomsonReuters

JUNE 21, 2021

Agricultural worker wage protection. . Colorado legislation will remove the exemption from agricultural workers from the state and local minimum wage and overtime pay requirements and would require that wages be adjusted annually for cost of living. Unemployment accounts not chargeable for unemployment benefits. . Learn more.

payroll 52

payroll Tax Missouri Massachusetts 52

ThomsonReuters

APRIL 26, 2022

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. The state also has an? Energy Transition Workforce Commission ?that

payroll 95

payroll Vermont Rhode Island Hawaii 95

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.

payroll 52

payroll Connecticut Alabama Virginia 52

ThomsonReuters

AUGUST 18, 2022

The IRS may need to revise certain employment tax reporting forms, and the forms used to claim the qualified small business payroll tax credit for increasing research activities, after President Biden signed the Inflation Reduction Act ( H.R. 5376 ) into law, which includes a provision increasing the research credit next year. Background. .

payroll tax 105

payroll tax payroll tax return income tax 105

PYMNTS

OCTOBER 2, 2019

Traditionally, fleet managers have wielded ELD data to ensure accuracy in driver hours, which is key for scheduling and payroll. Current regulations require agriculture carriers to track loading and unloading of what they’re transporting at their source, explained Lady, and this information is already tracked via ELD.

Agriculture 48

Agriculture Technology Transportation payroll 48

ThomsonReuters

DECEMBER 11, 2020

Following the enactment of the Tax Cuts and Jobs Act (TCJA) in late-December 20217, the IRS needed to significantly revise Form W-4 (Employee’s Withholding Certificate) (see Payroll Guide 4010). The publication supplements Publication 15 (Employer’s Tax Guide) and Publication 51 (Agricultural Employer’s Tax Guide).

income tax 98

income tax Agriculture Tax Non-Profits 98

xendoo

SEPTEMBER 2, 2021

Employment Taxes and Payroll Withholdings. Form 943, Employer’s Annual Federal Tax Return for Agricultural Employees. You might also plan some type of investment or savings account that can be used to pay your tax debts. . Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips. October 29. January 31.

Tax 52

Tax income tax tax return tax preparation 52

CPA Practice

OCTOBER 23, 2023

Areas of concentration include renewable energy, innovative agriculture solutions, advanced manufacturing, and healthcare companies. In Wichita, Kansas, SSBCI helped fund WorkTorch – a pioneering career platform for service workers. The company’s founders are the first Black women in Kansas to raise over $1 million in venture funding.

Kansas 98

Kansas Michigan Vermont Manufacturing 98

ThomsonReuters

DECEMBER 29, 2020

The law includes a number of payroll-related provisions aimed at helping employers and workers close out 2020 and begin 2021. The editors of the Thomson Reuters Checkpoint payroll news team feel it would not be too bold to write that 2020 has been a challenging one. Extension of Certain Deferred Payroll Taxes.

payroll 118

payroll Non-Profits Agriculture payroll tax 118

ThomsonReuters

FEBRUARY 22, 2021

The first recorded use of the word “payroll” appeared around 1740 A.D. Over time, payroll has become much more than just paying wages to employees. Benefits and pensions are payroll-related and some human-resource-related duties also involve payroll. Payroll in a Pandemic.

payroll 95

payroll Montana Wisconsin Tax 95

ThomsonReuters

JULY 29, 2021

Professions where a worker spends a significant amount of time outdoors includes: construction workers, agricultural workers, baggage handlers, electrical power and transmission control workers, and landscaping and yard workers. Now let’s go over some of the more important payroll stories from the past week. Federal News.

payroll 52

payroll New Jersey Idaho Wisconsin 52