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The Certified Payroll Professional Corner

ThomsonReuters

The Spring 2022 Certified Payroll Professional (CPP) exam testing period ended a few weeks ago on April 16, 2022. Thoughts and tips from a payroll pro. Recently, the Checkpoint payroll editorial team had the pleasure to ask American Payroll Association (APA) Board of Directors member James Paille, CPP, some questions about the exam.

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Navigating Tax Compliance Challenges in the Trucking Industry: How Our Tax Firm Can Guide You

MyIRSRelief

Trucking companies form the backbone of the transportation industry, ensuring that goods are delivered efficiently and promptly across the country. Contact us for professional tax help today! However, managing payroll taxes for these two distinct driver categories can be a daunting task for trucking companies.

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Payroll Taxes for an Employer: How Is Payroll Tax Calculated?

Snyder

Payroll taxes can be daunting for employers to calculate and pay. With the numerous tax laws, regulations and compliance requirements, employers are required to be up-to-date on the latest regulations to ensure they’re making accurate and timely payroll tax payments. So how is payroll tax calculated? What has to be included?

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Your Guide to Year-End 2023: Personal Use of a Company Car

ThomsonReuters

It’s a great perk when an employer provides a company car that a worker can also use during non-work hours. There are four methods to calculate personal use of a company car (PUCC): General valuation method. The ALV is determined according to a table as provided in IRS regulations (see Payroll Guide ¶3580 ).

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A Quick Guide to Payroll Tax Filings!

LyfeAccounting

For the purposes of filing and paying employer payroll taxes, I’d highly recommend using a payroll software like QuickBooks or Gusto. These programs completely automate the process of calculating and filing your payroll taxes. Payroll Tax Filings: Forms That You Need. Those are forms I9 and W-4.

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Last Week in Payroll: Keeping Up with Taxes

ThomsonReuters

For payroll, in particular, there are a number of taxes. What are the due dates? What is the penalty if the filings or payments might be late? A number of those pages will directly affect payroll. A number of those pages will directly affect payroll. Then, there’s how to pay and file these taxes. Federal News.

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Payroll Taxes vs. Income Taxes | What’s the Difference Between Payroll and Income Tax?

LyfeAccounting

Who knew that Uncle Sam came in so many forms? With our first business, LYFE Marketing, I remember stressing to figure out what was the best way to pay my taxes. With our first business, LYFE Marketing, I remember stressing to figure out what was the best way to pay my taxes. What are Income Taxes?