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What’s Hot on Checkpoint for Payroll and Benefits Professionals?

ThomsonReuters

In this edition, we take a look at the new 1099 filing platform, WARN laws, and annual cost-of-living adjustments to key figures. Who needs to know : Payroll professionals, payroll departments, tax departments, third-party payroll providers. Payroll Guide ¶4264 Basic Principles. Not yet a subscriber?

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Economist breaks down Consumer Price Index for payroll

ThomsonReuters

The CPI and payroll are intertwined in a variety of ways. Employers and payroll professionals look to these monthly numbers to make changes and adjustments to payroll systems and also to forecast possible impact on the business in the near future. What is the CPI? What are the differences between CPI-U and CPI-W?

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How Layoffs Affect Your Tech Company’s Books and Payroll

Shay CPA

For starters, if your company is big enough, you might be subject to the Worker Adjustment and Retraining Notification Act (WARN) , which says that you need to give affected employees 60 days of notice. And, of course, you can’t forget about how your layoffs impact your books and payroll. Layoffs are painful and can get complicated.

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What is the most tax efficient salary in 2022/23?

Inform Accounting

So as we enter the new tax year, what is the most tax efficient way for a director to draw money 2022/23? National Living Wage and Apprenticeship Wage limits are being increased. For more information on these key tax changes, take a look at our blog Changes affecting staff costs and dividends from April 2022. Exceptions.

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How to spot accounting fraud

ThomsonReuters

The Worldcom scandal. When one thinks of accounting fraud, it is likely that these are some of the cases that come to mind. However, most cases of accounting fraud will not make news headlines and can happen in companies of all sizes and industries. Do you know how to spot it? How widespread is corporate fraud?

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Accounting Tips for Start up Freelancers

Cheap Accounting

You can claim for pre-launch costs incurred through your business even if they were paid out of your own funds. Entering the world of self employment and being your own boss is extremely exciting. The one downside is dealing with the bureaucracy and regulation that running a business brings. It can all seem daunting and overwhelming at first.

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What is the Consumer Price Index, and what does it have to do with payroll?

ThomsonReuters

The Consumer Price Index is involved in payroll topics like minimum wage, benefits, and the federal tax brackets. What is the Consumer Price Index? For the purposes of payroll, the CPI is important for topics such as minimum wage and benefits. And primarily, those annual adjustments are based on the CPI. population.

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