CPA Practice

APRIL 9, 2024

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.

payroll tax 110

payroll tax West Virginia payroll cpas 110

KROST

OCTOBER 21, 2021

Employers that had fewer than 500 employees on December 31, 2020, subject to California withholding laws, would be considered qualified small businesses. Payroll information during the periods April 1, 2020 to June 30, 2021. The post California Main Street Small Business Tax Credit II appeared first on KROST.

Maine 91

Maine California business tax Tax 91

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.

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payroll Hawaii West Virginia Oklahoma 105

Patriot Software

JANUARY 16, 2023

California was the first state to create a paid family leave (PFL) program in 2002 (benefits became available in 2004). If you’re an employer in California, you must withhold PFL contributions from employees’ wages while running payroll. Read on to learn […] Read More.

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California Washington payroll payroll tax 80

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 South Dakota 98

Patriot Software

JULY 23, 2021

One state that has some unique regulations is California. Read on to learn about California labor laws and how they impact […] READ MORE. These laws can vary depending on your business and employees. And, some states might have additional labor laws that business owners must follow.

California 97

California payroll 97

ThomsonReuters

FEBRUARY 15, 2022

The Consumer Price Index is involved in payroll topics like minimum wage, benefits, and the federal tax brackets. For the purposes of payroll, the CPI is important for topics such as minimum wage and benefits. While California has its own minimum wage laws, more than 40 localities in the state have minimum wage laws too.

payroll 98

payroll Alaska income tax Tax 98

RogerRossmeisl

MAY 20, 2021

This means that many workers previously classified as independent contractors are now employees under California law and you must withhold California income and payroll taxes, and meet California’s minimum wage and overtime requirements.

payroll tax 131

payroll tax California payroll CPA 131

MyIRSRelief

APRIL 22, 2024

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. What Help is Available for 941 Employment Payroll Problems in Corona, CA? Problems with payroll taxes are serious and require immediate attention. Hire a Payroll Specialist: Ensure ongoing compliance and proper filing.

Tax 130

Tax payroll tax payroll tax return 130

KROST

FEBRUARY 13, 2023

The following modifications apply to the original tax relief victims of severe winter storms, flooding, landslides, and mudslides in California. The post Update #2: IRS Extends Filing Deadline for California Storm Victims: Tax Relief Available appeared first on KROST. Previously, the Read the full article.

California 86

California Tax tax return income tax 86

MyIRSRelief

JULY 3, 2023

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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audit North Carolina Oklahoma Ohio 130

KROST

JANUARY 18, 2023

The Governor’s office announced on January 13, 2023, that California will conform to the filing extensions granted by the Internal Revenue Service (IRS) for California storm victims. This means that filing and payment deadlines for affected individuals and businesses in California are extended to May 15, 2023.

California 78

California Tax tax return income tax 78

ThomsonReuters

NOVEMBER 8, 2022

Who needs to know : Payroll professionals, payroll departments, tax departments, third-party payroll providers. Payroll Guide ¶4264 Basic Principles. Payroll Guide ¶4268 Form 1099-MISC. Payroll Guide ¶4271 Form 1099-NEC. 22-cv-06857, US District Court, Northern District of California (San Francisco)).

payroll 69

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PYMNTS

SEPTEMBER 11, 2019

California lawmakers passed a controversial labor bill on Tuesday (Sept. App-based businesses tried to work out immunity to no avail and the bill passed the California State Senate in a 29 to 11 vote, The New York Times reported on Wednesday (Sept. California Gov. The law would go into effect Jan.

California 60

California Oregon payroll tax New York 60

CPA Practice

OCTOBER 16, 2023

As Kiplinger reported, the new postponement means that many California taxpayers and businesses now have until Nov. Another tax deadline extension for California The new tax deadline applies to impacted individuals in 55 of California’s 58 counties. 16, 2023, to file their 2022 federal income tax returns and pay any tax due.

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California Tax tax return income tax 64

CPA Practice

MAY 31, 2023

A California man was sentenced in late May to 12 months in prison for willfully failing to account for and pay over employment taxes. According to court documents and statements made in court, Larry Kudsk of Berkeley, California, operated two construction businesses, Kudsk Construction, Inc., Gutierrez, Inc. Attorney Ismail J.

Construction 59

Construction California Tax payroll tax 59

KROST

DECEMBER 7, 2020

Escheating uncashed payroll checks to the State of California is one of the oldest, time-consuming procedures restaurateurs must conform to every year. Escheating checks is a legal process that transfers ownership of abandoned property (uncashed payroll checks) to the State of California.

payroll 52

payroll California Hospitality Legal 52

MyIRSRelief

JANUARY 2, 2023

Owing back taxes: If you owe back taxes , personal income tax, corporate income tax, or employment 941 payroll tax, the IRS may take enforcement action, such as placing a lien on your property or garnishing your wages and levying your bank accounts. you may be subject to penalties and interest on failure to file and on any unpaid taxes.

Tax 147

Tax tax return payroll tax audit 147

KROST

JANUARY 13, 2023

On January 10, the Internal Revenue Service (IRS) announced tax relief for California storm victims in most counties (see list of counties below). The post IRS Extends Filing Deadline for California Storm Victims: Tax Relief Available appeared first on KROST.

California 72

California Tax tax return income tax 72

CPA Practice

JULY 3, 2024

If you’re thinking about offering payroll services or switching from your current payroll software, this guide can help you decide if it’s time for a change. It will also highlight the essential features your new payroll solution should have. Required) When are you considering a payroll software platform change?

payroll 52

payroll Rhode Island West Virginia South Dakota 52

Patriot Software

MARCH 10, 2023

Canton, Ohio Patriot Software, an online payroll and accounting company, announced today that some employee direct deposits were affected by the abrupt Silicon Valley Bank closure.

Ohio 103

Ohio California payroll Account 103

CPA Practice

AUGUST 2, 2024

ITEP estimated tax payments including sales and excise taxes, property taxes paid directly or on taxes folded into rent payments, and payroll taxes, which are paid either through paycheck withholding or filing income tax returns.

Tax 119

Tax payroll tax New York California 119

PYMNTS

NOVEMBER 19, 2020

It’s an idea that has the power to change the payments parameters in the entire payroll industry. And its reach is seemingly set to grow, as payroll giant ADP is currently working to incorporate EWA into its offering for the businesses it serves. Human resources and payroll platform Ceridian also offers an EWA solution.

payroll 67

payroll New Jersey Healthcare New York 67

PYMNTS

DECEMBER 18, 2019

Hourly — a FinTech startup that helps with workers’ comp insurance, time-tracking and payroll for small businesses — has raised $7.15 The company — based in Palo Alto, California — launched earlier this year, and is currently the only startup of its kind. million in a Seed funding round, according to a press release. ”

payroll 60

payroll California Gaming Technology 60

ThomsonReuters

JUNE 22, 2021

As COVID-19 vaccinations continue to rise and a sense of normalcy slowly returns, we can hopefully put tumultuous payroll changes behind us. State by State Payroll Tax Changes. California. The minimum wage rate is scheduled to increase in many localities in California on July 1, 2021: . per hour. . per hour. .

payroll 72

payroll Virginia Utah West Virginia 72

PYMNTS

MARCH 1, 2020

A petition by Uber , Lyft and DoorDash to roll back a California law regarding gig economy workers has reached 1 million signatures and will head to voters at the ballot box this November, according to CNET.

California 61

California Expense Reimbursements payroll tax Healthcare 61

Patriot Software

OCTOBER 20, 2022

California employers should know about the 2019 court case, Ward v. Read on to learn about California on-call laws. If you want your business to be legally compliant, you must follow federal and state employment laws. Tilly’s, Inc., and how it affects paying for on-call time.

California 72

California Legal payroll 72

ThomsonReuters

APRIL 25, 2023

The CPI and payroll are intertwined in a variety of ways. Employers and payroll professionals look to these monthly numbers to make changes and adjustments to payroll systems and also to forecast possible impact on the business in the near future. per hour for all California employers. What is the CPI? .

payroll 59

payroll income tax California Tax 59

CPA Practice

JULY 7, 2023

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.

Texas 105

Texas Oklahoma payroll California 105

PYMNTS

MAY 7, 2020

As the deadline looms for businesses to return Paycheck Protection Program (PPP) loans they were ineligible for, a California software company is suing the Small Business Administration (SBA) and the U.S. Some of it, the company said in the lawsuit, has been spent to keep about 70 employees on payroll. Treasury Department. Zumasys Inc.

California 60

California payroll Government Legal 60

CPA Practice

MARCH 9, 2023

16 applies to California and federal individual and business tax returns and payments. For more information on those seeking information on various payroll and excise tax returns, go to irs.gov and look for “tax alerts and news.” By Samantha Gowen, The Orange County Register (via TNS). The new deadline of Oct. Visit ocregister.com.

Tax 133

Tax tax return California payroll 133

MyIRSRelief

JANUARY 7, 2024

The EDD is responsible for administering unemployment and disability insurance, payroll tax collection, and job training/workforce services in California. An EDD tax audit focuses on ensuring that businesses comply with CA state payroll tax laws, which can be complex and multifaceted. Why is my business being audited by the EDD?

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audit payroll tax Tax auditor 130

CPA Practice

JANUARY 8, 2025

In total, John Comeau caused a tax loss to the IRS of approximately $1,150,000. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

California 75

California Tax payroll tax payroll 75

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

Withum

FEBRUARY 29, 2024

Ohtani and the Dodgers want to win a World Series, Ohtani wants to be paid at the highest market value for his talent and the Dodgers would like to retain as much payroll flexibility as possible, so the team can be competitive in the future. Let’s start with his federal payroll tax liability.

income tax 105

income tax Tax Sports payroll 105

Patriot Software

MARCH 10, 2021

Some states, like California, require mandatory paid sick leave. The majority of California’s employers must offer paid sick leave to their employees. So, what is the California sick leave law? What is the California paid sick leave law? Paid sick leave is paid time off given to employees for health-related reasons.

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California payroll 58

PYMNTS

DECEMBER 3, 2018

A new insurance technology ( InsurTech ) company is rolling out its workers’ compensation solution in California. Insurance Journal reported late last week that Oyster Insurance launched its services in California after rolling out in New York and New Jersey earlier this year.

California 43

California payroll New Jersey Technology 43