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Special Report: 2025 Readers’ Choice Awards

CPA Practice

Jason Bramwell Payroll June 30, 2025  Half of Managers Use AI To Determine Who Gets Promoted and Fired 78% use AI to determine raises, 77% for promotions, 66% for layoffs, and 64% for terminations.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication. Fill out the form below to access this resource.

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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. The state has two proposals. The current state minimum wage is $7.25

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

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14 Charged with $53 Million PPP Fraud Scheme in N. Texas

CPA Practice

The defendants allegedly submitted 29 Paycheck Protection Program loan applications that inflated payroll expenses and manipulated bank statements and IRS tax forms. It covered small businesses’ payroll, rent and other expenses, but ended in May 2021. Defrauding the government is an affront to American taxpayers.

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Oklahoma Taxpayers Get Extended Deadline Due to Storms

CPA Practice

The Internal Revenue Service is providing a tax relief extension for individuals and businesses in Oklahoma that were affected by severe storms, straight-line winds, tornadoes, and flooding that began on May 19, 2024. 16, 2024, and the quarterly payroll and excise tax returns normally due on July 31, 2024, and Oct.

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Last Week in Payroll: Localization of Work

ThomsonReuters

New legislation enacts a new, non-refundable income tax credit to be claimed by an employer for each verified blood donation made by an employee as part of a blood drive that is organized by an Oklahoma non-profit blood donation organization in coordination with an employer or group of employers.