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Last Week in Payroll: Payroll in a Pandemic

ThomsonReuters

The first recorded use of the word “payroll” appeared around 1740 A.D. Over time, payroll has become much more than just paying wages to employees. Benefits and pensions are payroll-related and some human-resource-related duties also involve payroll. Payroll in a Pandemic.

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4-Day Workweek Gains Lawmaker Support in Some States

CPA Practice

In the past three years, at least six states — California, Hawaii, Maryland, New York, Pennsylvania and Washington — have considered bills to mandate, incentivize or allow the switch to a four-day week. I read that study and thought, ‘Man, this type of experiment could really be a win-win-win scenario,’” said Maryland state Del.

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Trump Provides Stimulus By Executive Order

PYMNTS

Amid a Congressional impasse over the next pandemic-related stimulus package, President Donald Trump directed the federal government to provide relief for beleaguered Americans. Evictions on properties with government-backed mortgages, or about one-third of renters, would be halted. The president’s action Saturday (Aug.

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Intuit Launches QuickBooks Small Business Index

CPA Practice

The Intuit QuickBooks Small Business Index uses purpose-built economic models to normalize anonymized QuickBooks customer data against official government statistics to reflect the general population of small businesses in each country; it is not a reflection of Intuit’s business.

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Maine Man Gets 33 Months in Prison for Misusing PPP Funds

CPA Practice

Reardon, 44, of Skowhegan and Plymouth pleaded guilty in July in federal court in Bangor to five counts of bank fraud for obtaining a $60,000 Paycheck Protection Program loan in 2020 by falsifying information about payroll for his business. In September, U.S. Since the start of this pandemic, the Justice Department has seized over $1.2

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Law Enforcement Cracks Down On Corporate Payments Fraud

PYMNTS

More than seven years of manual employee time-tracking has led to allegations of payroll fraud and abuse at the Albany County Comptroller in New York, according to local CBS news reports. While law enforcement officials are now probing the matter, County Executive Dan McCoy denies any accusations of payroll fraud or abuse.

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Intuit Launches QuickBooks Small Business Index

CPA Practice

The Intuit QuickBooks Small Business Index uses purpose-built economic models to normalize anonymized QuickBooks customer data against official government statistics to reflect the general population of small businesses in each country; it is not a reflection of Intuit’s business.