Anders CPA

MAY 23, 2023

Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.

payroll tax 98

payroll tax payroll Rhode Island Tax 98

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. Voters approved a ballot measure that will gradually eliminate the tip credit.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

ThomsonReuters

FEBRUARY 9, 2022

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. The Payroll Guide for Checkpoint Edge has detailed information on unemployment for each state, the District of Columbia, and territories like the U.S.

payroll 98

payroll California Connecticut Tax 98

Shay CPA

JUNE 7, 2023

And, of course, you can’t forget about how your layoffs impact your books and payroll. And if you’re in this boat, you should know what it means for your books and your payroll. This will mean more paperwork in the immediate future to close in the state, but it can simplify your books, taxes, and payroll in the long term.

payroll 52

payroll Montana Hawaii Utah 52

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

ThomsonReuters

JULY 7, 2021

In general, the federal income tax, Social Security tax, FUTA tax, Medicare tax, and Additional Medicare tax are considered employment or payroll taxes. These two federal laws contained payroll-related provisions aimed at helping employers and employees during the pandemic. Payroll tax relief. Worksheet 5. Federal News.

payroll 59

payroll Tax income tax payroll tax 59

CPA Practice

JULY 24, 2023

Arkansas, Mississippi, Oklahoma, Pennsylvania, Ohio, Massachusetts and Maryland also posted fresh record-low readings. In a dozen states and DC, the number of people on payrolls remains below pre-pandemic levels. The unemployment rates in 25 states are currently at or within 0.1 For instance, Minnesota’s unemployment rate is up 0.5

South Dakota 98

South Dakota New Hampshire Mississippi Idaho 98

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. 1, weren’t disclosed.

North Carolina 59

North Carolina Nevada Connecticut New Jersey 59

CPA Practice

DECEMBER 19, 2023

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. Nellie Akalp is a passionate entrepreneur, recognized business expert, and mother of four.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

PYMNTS

MAY 7, 2020

Christopher Carlozzi, Massachusetts state director of the National Federation of Independent Business ( NFIB ), a small business trade group, told PYMNTS the government keeps moving the goalpost. The main concern is whether my members can meet the threshold of using 75 percent of the loan for payroll,” Carlozzi said.

Massachusetts 79

Massachusetts payroll audit Maine 79

Patriot Software

OCTOBER 19, 2022

If you are an employer in Massachusetts, you might be required to pay the employer medical assistance contribution (EMAC) tax. As a small business owner, you need to stay on top of your state-specific employer responsibilities. Because each state has different laws, you may have more tax responsibilities than an employer in another state.

Tax 87

Tax Massachusetts payroll 87

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

APRIL 11, 2023

region with the largest monthly drop in employment was the Mideast (Delaware, District of Columbia, Maryland, New Jersey, New York, Pennsylvania) at -0.18% while employment grew by 0.33% in New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont).

quickbooks 98

quickbooks Rhode Island New Hampshire Vermont 98

Basis 365

FEBRUARY 16, 2024

Our customers span the United States, from Boston, Massachusetts, to Seattle, Washington, to Dallas, Texas. We offer a full range of accounting services, including bookkeeping, payroll, and financial analysis, all delivered with a personalized touch and a commitment to your success.

bookkeeping 59

bookkeeping Account accountant accounted 59

Patriot Software

OCTOBER 21, 2021

States like New York, California, and Massachusetts have paid family leave programs so employees can take paid time off for medical and family issues. Along with a number of states, Washington D.C. also started a PFL program in 2019. Read on to learn all there is to know about the Washington D.C. paid family leave […] READ MORE.

Washington 82

Washington Massachusetts New York California 82

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

CPA Practice

APRIL 19, 2023

region with the largest monthly drop in employment was the Mideast (Delaware, District of Columbia, Maryland, New Jersey, New York, Pennsylvania) at -0.18% while employment grew by 0.33% in New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont).

quickbooks 64

quickbooks Rhode Island New Hampshire Vermont 64

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. Scammers use the regular mail, telephone and email to set up individuals, businesses, payroll and tax professionals. Thousands of people have lost millions of dollars and their personal information to tax scams.

tax return 116

tax return Tax income tax tax preparation 116

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

CPA Practice

JULY 5, 2023

Women are also 14% less likely to get promoted than men, according to a study from the Massachusetts Institute of Technology. This inequality begins years ahead of the so-called “motherhood penalty,” when woman’s pay tends to suffer a second blow from undertaking child-rearing responsibilities.

Non-Profits 130

Non-Profits Massachusetts audit Start-ups 130

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

CPA Practice

MAY 10, 2023

The Goldman suit was first brought by Cristina Chen-Oster, a Massachusetts Institute of Technology graduate who joined in 1997 and sold convertible bonds. Goldman Sachs will engage an independent expert to conduct additional analysis on how it evaluates performance and its process for promotion, according to the statement.

Massachusetts 64

Massachusetts New York Legal Technology 64

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

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

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

Going Concern

JANUARY 6, 2023

Nonfarm payrolls increased by 223,000 in December and the unemployment rate ticked downward by two-tenths of a point to 3.5%, the U.S. The firm’s 13 partners, 100 associates, and four offices in Maine, Massachusetts, and New Hampshire become part of Marcum’s New England region. ” Employment. Melanson, P.C.

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

PYMNTS

DECEMBER 15, 2020

They have announced plans to start tacking on additional charges in California to cover the cost of the concessionary wage and benefit programs the companies promised in lieu of adding hundreds of thousands of Golden State workers to their payrolls. Uber said it will add surcharges of up to $1.50

California 90

California New York Illinois Massachusetts 90

CPA Practice

OCTOBER 27, 2023

The Internal Revenue Service is reminding employers that the best way to file their next quarterly payroll tax return by the Oct. Two options to electronically file payroll tax returns The first option for employers is to self-file by purchasing IRS-approved software that meets their specific needs. 31 payroll tax deadline.

payroll tax 105

payroll tax payroll South Carolina Tax 105

CPA Practice

JUNE 19, 2023

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

JUNE 14, 2021

On June 9, 2021, the Massachusetts legislature held a constitutional convention to set the proposal of a “wealth tax” on the November 2022 ballot. The post Last Week in Payroll: Localization of Work appeared first on Tax & Accounting Blog Posts by Thomson Reuters. Wealth tax proposed for highest income bracket.

payroll 98

payroll Missouri Virginia Delaware 98

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

PYMNTS

JUNE 8, 2020

But that’s not happening nationwide, according to Brian Hassan , co-founder and co-CEO of Kickfin , which works with restaurants on payment solutions, and Stephen DeSousa , CEO at Broadway Hospitality Group , which represents 14 Massachusetts and Rhode Island eateries.

Rhode Island 59

Rhode Island Hospitality Georgia Massachusetts 59

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

PYMNTS

SEPTEMBER 24, 2019

Borrego designs, engineers and builds commercial solar power systems in California, Massachusetts and New York, and now relies on payment cards to ease pain points in its spend management process. How Payment Cards Can Help Overcome Cost Challenges, Ease Financial Distress.

Construction 40

Construction Expense Management Spend Management Massachusetts 40

ThomsonReuters

APRIL 26, 2022

Massachusetts Clean Energy Workforce Equity Program. directs the Massachusetts Clean Energy Technology Center to develop a five-year workforce development plan for outreach and recruitment for the clean energy industry for displaced fossil fuel workers and individuals at high risk for climate change. 50,000 Planning Grants are?

payroll 95

payroll Vermont Rhode Island Hawaii 95

ThomsonReuters

JANUARY 24, 2022

Massachusetts. The Massachusetts Department of Unemployment Assistance has stated that generally, employees are not eligible for benefits if an employer imposes a reasonable requirement, and the employee does not have a reasonable basis for refusing to comply.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119