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. Below we dive into the state and unemployment tax responsibilities employers need to know.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 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. 9 at his Bethel home on an arrest warrant and indictment issued by federal court in Boise, Idaho, where the bank that processed the loan is based. O’Neil formed Accountant “R” Us Inc.

Idaho 59

Idaho Connecticut Tax income tax 59

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. It’s common for companies to choose an effective date of January 1 to simplify selecting a calendar year for taxes and relieve businesses of paying state franchise taxes for the prior year.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

CPA Practice

FEBRUARY 3, 2023

Rendon, 31, did not use the proceeds for her company’s employee payroll expenses or other overhead costs, as required by law under the Small Business Administration Paycheck Protection Program, according to an indictment. Hines pleaded guilty to wire fraud and was sentenced to more than six years in prison.

Florida 98

Florida New Jersey payroll Idaho 98

ThomsonReuters

APRIL 9, 2021

Employers were reimbursed with a payroll tax credit or a refund if the cost exceeded their tax liability. Credits were claimed through Form 941, the quarterly employment tax return. The credit will be against the employer’s share of Medicare tax. in February. Who is eligible?

Hawaii 98

Hawaii payroll tax South Dakota payroll 98

ThomsonReuters

FEBRUARY 7, 2022

The proposed Idaho Paid Family Leave Act seeks to provide PFML to public and private employees of up to two-thirds of an employee’s earnings for 12 months for parental leave, three months for maternity leave, three months for family medical leave or six months in the case of a child, and six months for end-of-life care for a family member.

Missouri 98

Missouri Rhode Island Nebraska Mississippi 98

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. The Idaho Department of Labor did not respond to our request. The answer, as you might expect, is complicated. . California.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119