CPA Practice

OCTOBER 22, 2024

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.

payroll 52

payroll Rhode Island West Virginia South Dakota 52

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. House Bill 1104 looks to postpone implementation of the program for one year.

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payroll Hawaii West Virginia Oklahoma 105

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

CPA Practice

MAY 24, 2023

Boston Market is down to three locations in Colorado — Westminster, Aurora and Colorado Springs — and its owner, Engage Brands, has let a big stack of bills pile up from its landlords, vendors, employees and even the state of Colorado. in unpaid sales and payroll taxes. in unpaid sales and payroll taxes.

Colorado 52

Colorado payroll tax payroll Sales 52

ThomsonReuters

JUNE 14, 2021

The Colorado Department of Labor and Employment (DLE) has announced that there was a delay to the usual timing of the unemployment charging statements sent to employers in order to correct some charging on employer unemployment accounts. Employers have 60 days from the mail date to make a protest [Colorado DLE Employer Update, April 2021].

payroll 98

payroll Missouri Virginia Delaware 98

CPA Practice

DECEMBER 30, 2024

Colorados employment counts have become so unreliable the U.S. Bureau of Labor Statistics, in an unprecedented move, has stopped issuing reports based on them.

Colorado 52

Colorado payroll 52

CPA Practice

JULY 23, 2023

A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS. Starting in approximately 2002 and continuing for many years, Stevens did not pay over the withheld payroll taxes to the IRS or file the required quarterly employment tax returns for his businesses.

Colorado 52

Colorado Tax payroll tax tax return 52

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?

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payroll Rhode Island West Virginia South Dakota 52

MyIRSRelief

AUGUST 2, 2024

Cannabis businesses should maintain detailed records of all transactions, including sales, purchases, payroll, and other expenses. Here are some steps cannabis businesses can take: Maintain Accurate Records: Keep detailed records of all financial transactions, including sales, purchases, payroll, and expenses.

audit 130

audit Tax Nevada Colorado 130

PYMNTS

JANUARY 13, 2020

Approximately $185,000 worth of payroll fraud hit a Minnesota company, with local reports noting that a bookkeeper allegedly manipulated payroll data to overpay her salary. About $1 million was swindled from the Colorado town of Eerie , with the FBI now investigating the matter. According to local Kentucky Today reports, $1.5

B2B 89

B2B Kentucky Colorado Minnesota 89

MyIRSRelief

MARCH 1, 2025

Whether its unfiled tax returns, overwhelming back taxes, an audit, payroll issues, or aggressive IRS actions like levies, you dont have to navigate this stressful situation alone. 941 Payroll Problems: Protecting Your Business For business owners, payroll tax issuesspecifically related to Form 941can be a nightmare.

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CPA Practice

MAY 1, 2023

California, Oregon, Illinois, Colorado, and other states require businesses to either start their own retirement plan or enroll their employees in the state automated program called auto-IRAs. The changes can result in a win-win for both employers and employees, as they make it easier for both parties to grow their retirement contributions.

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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.

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payroll Tax income tax payroll tax 59

Going Concern

NOVEMBER 28, 2022

Excludes “Payroll and Timekeeping Clerks” (43-3051). Colorado Springs, CO. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. Albany-Schenectady-Troy, NY. Syracuse, NY. Beaumont-Port Arthur, TX. Springfield, MA. Worcester, MA-CT.

accountant salary 119

accountant salary accounted Account accountant 119

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.

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payroll Montana Hawaii Utah 52

PYMNTS

SEPTEMBER 25, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. Cannabis-related businesses are locked out of the banking system, and cannot maintain checking accounts, process payroll obligations or pay taxes.

Ohio 94

Ohio Colorado Legal Washington 94

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

FEBRUARY 7, 2022

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). . per hour. . per hour .

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Rhode Island South Dakota Connecticut New York 92

CPA Practice

OCTOBER 24, 2023

With the increasing adoption of cloud-based business systems, these small business owners have increasingly turned to outsourced CFO, tax, payroll, and bookkeeping services, giving them real-time guidance and daily operational support from these financial and business experts. In the U.S., Or if there are other changes in sales and growth.

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Sales Tax bookkeeping services bookkeeping 111

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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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. Generally, a company can choose a “future effective date” 30 to 90 days out. Nellie Akalp is a passionate entrepreneur, recognized business expert, and mother of four.

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Going Concern

SEPTEMBER 15, 2023

Sioux Falls CPA firm marks century in business [ SiouxFalls.Business ] The fourth-generation Sioux Falls firm Nelson & Nelson CPAs celebrates 100 years in business, providing tax, accounting, payroll and bookkeeping services. It is a hard truth that Colorado ranks fifth in the nation for its high suicide rate.

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Colorado audit CPA Texas 111

ThomsonReuters

FEBRUARY 7, 2022

Colorado and Oregon will begin collecting assessments for their programs in 2023. . The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L. 2022, H447 ). . Proposed legislation ( L. 2022, H5029 ) seeks to establish a PFMLI program.

Missouri 98

Missouri Rhode Island Nebraska Idaho 98

PYMNTS

AUGUST 2, 2020

It turns out Capital One was not alone in its inability to deliver some of the $650 billion in forgivable loans to small- to medium-sized businesses (SMBs) for payroll and other disbursements during the lockdowns. Greenwood Village, Colorado-based Doida Law Group LLC moved its business from Wells Fargo & Co. she told WSJ.

Colorado 69

Colorado New York payroll Government 69

SingleTrackAccounting

OCTOBER 6, 2020

Yes, you will need to pay social security & medicare taxes on your W-2 income, but by running some of your profits through Owner payroll, the entire remainder of your net income is saved from paying ANY self employment tax. Even better, the business can write off your salary and it’s portion of your payroll taxes.

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Tax bookkeeping corporation tax Colorado 98

PYMNTS

DECEMBER 3, 2019

Colorado is one of 12 states currently developing a digital driver’s license program, with the October rollout of the myColorado app. Instant payments today are limited to specific market slices as well as demographic sets — instant payroll disbursements for g ig workers or peer-to-peer (P2P) payments among millennial consumers.

Colorado 53

Colorado payroll Finance Start-ups 53

CPA Practice

AUGUST 26, 2024

Download the guide to ensure your next payroll software platform is the right one. million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve? million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve?

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

SEPTEMBER 20, 2024

Download the guide to ensure your next payroll software platform is the right one. million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces? million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?

Rhode Island 52

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PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services.

Colorado 50

Colorado Massachusetts Legal Manufacturing 50

CPA Practice

OCTOBER 23, 2024

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

Rhode Island 52

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CPA Practice

JULY 19, 2024

Download the guide to ensure your next payroll software platform is the right one. million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system? million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system?

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

SEPTEMBER 3, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use? million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use?

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

SingleTrackAccounting

JULY 7, 2020

You could spend several hours, perhaps days navigating PPP loans, running payroll, and filing taxes even if you were organized. Payroll Mistakes. Different states have different rules and once you start attracting talent across state lines, your payroll gets more difficult. You could be doing anything else. Audit Anxiety.

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accounted Account accountant payroll 52

ThomsonReuters

FEBRUARY 10, 2022

Department of Labor explains that unemployment insurance is a federal-state program financed through federal and state employer payroll taxes. In New York, the deadline is March 31, and in Colorado, the deadline is March 15. _. Virgin Islands. However, there are several states where the deadline is still upcoming.

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South Dakota Wisconsin North Carolina Nebraska 52

PYMNTS

MAY 29, 2019

That was an important cause for Colorado-based Bellco Credit Union , which decided to offer instant access to earnings to put staff on safer financial footing. Speedy access to pay can keep employees from having to take financial risks, like turning to payday lenders. Launching such a service was easier said than done, however.

Colorado 55

Colorado Technology payroll B2B 55

SingleTrackAccounting

FEBRUARY 11, 2020

the cost of adding payroll). Also consider this, being on payroll means that you will be “withholding” income taxes each year. Living in the resort town of Steamboat Springs, Colorado [.]. When Should I convert. Depending on the business and how expensive your accountant is, this could be as low as $20,000 in 1099-MISC income.

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Tax income tax Colorado payroll 75

PYMNTS

MAY 30, 2019

Bellco Credit Union knew it wanted to ease employees’ financial situations with such a service, and so it sought out a product that would keep payroll processing simple while also ensuring that employees had enough left over for tax withholdings and deductions once withdrawals were made. . Earnings Limits and Deduction Complications.

payroll 40

payroll Colorado Tax accounted 40