ThomsonReuters

JANUARY 30, 2023

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. LB15 would establish a youth minimum wage as well as a training wage rate. New Hampshire.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

CPA Practice

FEBRUARY 12, 2024

Bill to eliminate tax on Social Security Eliminating federal income tax on Social Security retirement benefits could benefit many retirees, especially those who receive other types of taxable income, such as from wages or distributions from retirement accounts. The Social Security payroll tax wage base was $160,200 last year.

Tax 131

Tax Minnesota income tax payroll tax 131

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.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

CPA Practice

MAY 1, 2023

TNS) If your small business doesn’t offer a retirement account to your employees, now may be a good time to change that. Rhett Stubbendeck introduced a 401(k) retirement program to all employees at his Omaha, Nebraska-based insurance company LeverageRx in January. By Brit Morse, Inc.

Oregon 134

Oregon Nebraska Colorado Illinois 134

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

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

audit 130

audit North Carolina Oklahoma Ohio 130

ThomsonReuters

FEBRUARY 7, 2022

The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L. The program would be funded through private donations, funds transferred from the Nebraska Health Care Cash Fund, and contributions by covered employers at a rate of 1% of gross wages paid. 2022, H447 ). . Proposed legislation ( L.

Missouri 98

Missouri Rhode Island Nebraska Mississippi 98