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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. By Nellie Akalp. for both employees and employers.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

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. Currently, the state indexes its minimum wage annually for inflation. per hour to $11.39.

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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

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.

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The Benefits of Delayed Business Filings

CPA Practice

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.

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Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits

ThomsonReuters

A spokesperson from The Montana Department of Labor & Industry has informed Thomson Reuters that cases related to vaccine refusal will be reviewed on a case-by-case basis. North Dakota. Job Service North Dakota has informed Thomson Reuters that it will review unemployment claims on a case-by-case basis.

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Midwest and Mountain West Saw Biggest Income Gains Over Last 4 Years

CPA Practice

Incomes in Colorado, Maine, Montana and Nebraska also grew by roughly that much. But the greatest gains were in North Dakota and South Dakota, where inflation-adjusted incomes increased by 11% and 9%, respectively. North Dakota landowners are seeing continued profits from oil leases on private land.