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

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

CPA Practice

MAY 18, 2023

On an unadjusted basis, claims decreased by the most in two months, to 215,810, largely due to a drop in Massachusetts. Massachusetts accounted for nearly half of the nationwide increase in unadjusted claims in the week through May 6, and state officials said it was mainly due to fraud.

Kentucky 52

Kentucky Massachusetts Maine Technology 52

CPA Practice

JANUARY 29, 2024

Taxpayers living in Maine or Massachusetts have until April 17, 2024, due to the Patriot’s Day and Emancipation Day holidays. Online Account. An enhanced IRS Individual Online Account that includes chat, the option to schedule and cancel future payments, revise payment plans and validate and save bank accounts.

tax return 116

tax return Tax income tax tax preparation 116

ThomsonReuters

FEBRUARY 7, 2022

Massachusetts. It is crucial that payroll professionals familiarize themselves with minimum wage rates for garnishment calculations in 2022. . For further information on creditor garnishment, visit the Quick Reference Chart on Checkpoint Edge at Payroll Guide ¶17,080 (Highlights of state rules for creditor garnishment). .

Rhode Island 92

Rhode Island South Dakota Connecticut Agriculture 92

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

Going Concern

JANUARY 6, 2023

So customers have filed more than a half-dozen proposed class actions against the NFL’s Tom Brady, accounting firm Prager Metis and Bankman-Fried as an individual, among others. 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. Employers added 223K jobs in December, but cut 1,100 in accounting [ Accounting Today ].

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

PYMNTS

OCTOBER 17, 2018

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 50

Colorado Massachusetts Legal Manufacturing 50

ThomsonReuters

JANUARY 2, 2024

Checkpoint Payroll discussed these possibilities with Carrie Hoffman, Chair of Foley & Lardner’s Labor and Employment Practice, who shared her thoughts on the various components that PFML legislation may tackle. While no details have been released so far, topics examined by the working group provide some insight.

Legal 52

Legal New Hampshire Colorado New Jersey 52

PYMNTS

JANUARY 23, 2017

Research from JPMorgan Chase shows that 16 percent of smaller firms lost one full-time worker, according to 2015 payrolls, while 20 percent added at least two full-time positions. The survey conducted by the bank delved into the hiring practices seen at 45,000 small corporate customers.

Massachusetts 40

Massachusetts payroll Start-ups Technology 40

CPA Practice

JUNE 19, 2023

Two or three days remains the norm, accounting for roughly 90% of hybrid setups. Its data also show that remote-capable employees who don’t work in their preferred location are more prone to burnout and a desire to quit.

Iowa 115

Iowa Massachusetts Start-ups New York 115

ThomsonReuters

MARCH 15, 2021

Now, let’s take a look at this past week in payroll and go over a few of the more interesting stories buzzing about in the industry. The legislation comes with another stimulus payment and a number of other provisions that are payroll-related. The first quarter of 2021 is nearly finished. Federal News. On March 11, 2021, the U.S.

payroll 98

payroll Connecticut Massachusetts income tax 98

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

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. Meanwhile, employers across the nation, who are not prohibited by a state law, may impose their own vaccination policy. California.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119

ThomsonReuters

JULY 13, 2021

Now let’s take a look at some of the more important payroll stories from the past week. Massachusetts has extended the unemployment tax due date for the first quarter of 2021 from April 30, 2021 until July 31, 2021. The IRS’s most recent estimate of the tax gap was $441 billion. Federal News. SAVE Act under review in House.

payroll 98

payroll income tax Vermont tax return 98

ThomsonReuters

JUNE 21, 2021

Commonwealth of Massachusetts. The case challenges a temporary Massachusetts rule requiring specified nonresident employees of Massachusetts employers to treat income earned for services performed in another state because of the coronavirus (COVID-19) pandemic as if the income had been earned in Massachusetts.? .

payroll 52

payroll Tax Missouri Massachusetts 52

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.

payroll 52

payroll income tax California North Dakota 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. Massachusetts Clean Energy Workforce Equity Program.

payroll 95

payroll Vermont Rhode Island Hawaii 95

ThomsonReuters

JUNE 10, 2021

Let’s go over a few summertime tax tips for payroll professionals this season: 1) Interns. Massachusetts legislation establishes a COVID-19 Emergency Paid Sick Leave Fund to reimburse employers for providing employees with coronavirus (COVID-19) emergency paid sick leave. per hour starting in 2022, $14.25 in 2023, $15.00

payroll 98

payroll Vermont Tax Connecticut 98

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

ThomsonReuters

MAY 3, 2021

Effective January 1, 2022, the Connecticut Family Medical Leave program provides up to twelve weeks of paid leave through employee payroll contributions. . Massachusetts. Effective January 1, 2022, the Connecticut Family Medical Leave program provides up to twelve weeks of paid leave through employee payroll contributions. .

Rhode Island 52

Rhode Island Hawaii Oregon Connecticut 52

PYMNTS

OCTOBER 28, 2019

The Massachusetts legislature has proposed a regulation that would obligate remote sellers above a certain sales volume to file, and Pennsylvania has already issued a similar demand. The Supreme Court decision also appears to enable states to require businesses to file income taxes for revenue shares generated there.

South Dakota 42

South Dakota Retail Arizona income tax 42

ThomsonReuters

JUNE 28, 2023

Recently, Checkpoint Payroll Update  had the opportunity to speak with two labor and employment law specialists and subject matter experts. 5th 903 ruling with an ABC test (see Payroll Guide ¶19,045 ) that generally considers all workers employees unless the employer can prove each part of the three-factor test. That said, can A.I.

Legal 98

Legal payroll California audit 98