CPA Practice

JANUARY 24, 2024

TNS) The IRS announced Monday that tax relief for individuals and businesses in flood-stricken parts of Connecticut would be made available. The IRS would also grant other areas in Connecticut relief, if they are later added to the federally recognizied disaster area. By Vincent Gabrielle, New Haven Register, Conn.

Connecticut 72

Connecticut tax return Tax income tax 72

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

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

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

CPA Practice

MARCH 28, 2025

According to a recent study from SoFi, which looked at the highest-paying states in the country, employees in 12 locationsincluding Massachusetts, California, Connecticut, and Marylandearn significantly more than the national average salary.

Connecticut 101

Connecticut Massachusetts California payroll 101

PYMNTS

OCTOBER 27, 2016

An appeals court has upheld a lower court’s ruling that found the owners of 16 McDonald’s restaurant locations in Pennsylvania in violation of state law through their use of payroll cards for employee compensation. Since the case first began, other defendants have joined, including payroll card issuers, like JPMorgan Chase.

payroll 55

payroll Pennsylvania Connecticut New York 55

Cherry Bekaert

JANUARY 29, 2024

general ledger, payroll, assets) and operational (e.g., Contact Us The post Cost and Revenue Analytics Case Study: Connecticut State Colleges and Universities (CSCU) appeared first on Cherry Bekaert. The overall approach required collecting several disparate data sets from both the financial (e.g., enrollment) sides of the house.

Connecticut 52

Connecticut general ledger Education payroll 52

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

ThomsonReuters

FEBRUARY 7, 2022

A new year brings minimum wage increases in 21 states while Connecticut and Florida will increase their minimum wage rates later in the year. Connecticut. It is crucial that payroll professionals familiarize themselves with minimum wage rates for garnishment calculations in 2022. . per hour; $9.54 per hour for tipped workers

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Rhode Island South Dakota Connecticut New York 92

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

CPA Practice

DECEMBER 19, 2023

Some states don’t allow forward dating incorporation dates, including: Alaska Arkansas Connecticut Hawaii Idaho Louisiana Maryland Minnesota Nevada Delayed filings also help businesses overcome end-of-year backlogs in Secretary of State offices that often lead to standard filings not being cleared by the end of the year.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

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

ThomsonReuters

APRIL 18, 2024

Challenges presented by the hybrid worker for human resources and payroll With over 30 years of experience in state and local tax laws, Lynn A. Unfortunately, management failed to inform HR and payroll. Most importantly, Gandhi stressed that employees involved in payroll tax must be kept in the loop.

payroll tax 52

payroll tax Tax payroll Connecticut 52

Going Concern

AUGUST 12, 2022

A man in Connecticut is accused of taking $373,201 in PPP loans to fund a phony accounting firm : Eric James O’Neil, 57, was arrested Aug. He submitted a payroll log showing 22 employees and their salaries, as well as quarterly tax and corporate income tax forms. O’Neil formed Accountant “R” Us Inc. O’Neil formed Accountant “R” Us Inc.

Idaho 59

Idaho Connecticut Tax income tax 59

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 Idaho 98

CPA Practice

MARCH 27, 2025

According to a recent study from SoFi, which looked at the highest-paying states in the country, employees in 12 locationsincluding Massachusetts, California, Connecticut, and Marylandearn significantly more than the national average salary.

Connecticut 52

Connecticut Massachusetts California payroll 52

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

PYMNTS

SEPTEMBER 8, 2020

Yet, in neighboring Connecticut, the top income tax rate is 7 percent. Looking ahead, Luther pointed to a learning curve tied to on-demand payroll in the financial services sector and in other industries. That’s especially true for firms that have been around for decades and where traditional payroll functions are firmly entrenched.

income tax 68

income tax payroll Connecticut Real Estate 68

CPA Practice

MAY 11, 2023

Connecticut Total Number of Accounting Jobs Available: 2,078 Total Number of Finance Jobs Available: 1,532 Accounting and Finance Average Salary: $101,000 Average World University Rankings Accounting and Finance Score: 31.40 Finance Career Score /10: 6.94 Finance Career Score /10: 6.88 out of 10.

accounted 104

accounted Account accountant accounting and finance 104

inDinero Tax Tips

DECEMBER 13, 2022

Comment: As long as the income tax return is filed timely, in the first 5 years of operations, and the R&D credit is part of it, then the credit can be applied to federal payroll taxes. Does Your Business Qualify for the Payroll Tax Offset? This would be beneficial to companies even if they are not yet making a profit.

Tax 75

Tax payroll tax income tax tax return 75

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

Rhode Island West Virginia South Dakota North Dakota 52

ThomsonReuters

JUNE 7, 2024

Some of the resistance points from payroll professionals and concerns with tax compliance are being addressed through communication and the use of data analytics, among other things. The correct handling of tax obligations, withholdings, and payroll deductions is vital to staying within legal parameters.

payroll 52

payroll Construction Education Nevada 52

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

Rhode Island West Virginia South Dakota North Dakota 52

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

ThomsonReuters

JUNE 11, 2024

Employers and payroll professionals face a complex web of challenges while managing remote and hybrid work arrangements, particularly concerning state income tax withholding and compliance with varying state labor laws. “It’s not just the payroll taxation issue,” Wylam stressed.

accounting firms 59

accounting firms accounted Account accountant 59

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

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. Firms like Even and Earnin,’ in theory, are designed to create that better choice.

South Dakota 53

South Dakota North Dakota South Carolina North Carolina 53

ThomsonReuters

OCTOBER 6, 2021

Each state gets to decide what matters most — your payroll, property, or sales — and in what ratio to account for them. Most states use one of three apportionment formulas: An equally weighted three-factor formula that takes payroll, property, and sales into account in equal measure, also known as the.

income tax 52

income tax Tax payroll Massachusetts 52

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

NOVEMBER 1, 2023

Some of the highest-income areas in the country, including Connecticut and the District of Columbia, were in the bottom 10 for income growth. Connecticut fell to No. Connecticut fell to No. In Connecticut, personal income tax revenue took a $1.3 New Jersey and New York weren’t far ahead.

North Dakota 52

North Dakota South Dakota Utah Connecticut 52

PYMNTS

DECEMBER 12, 2018

It’s also about providing payroll services for employees. Earlier this month the company announced a partnership with the Credit Union League of Connecticut, focused on the deployment of the Green Check platform. “We without resorting to cash. Cash transactions carry any number of surcharges, some hidden, some explicit.

Legal 68

Legal Connecticut payroll Tax 68

ThomsonReuters

MARCH 3, 2022

In 2021 alone, legal battles and legislation in Pennsylvania, California, and Connecticut directly addressed student-athlete compensation and worker classification. A case in the U.S. Under this reasoning, student-athletes can be considered employees due to the economic realities of their contributions to the schools they attend.

Connecticut 52

Connecticut Pennsylvania California Non-Profits 52

ThomsonReuters

JANUARY 16, 2024

There are changes and updates to payroll taxes that you should be aware of for year-end planning, including the Reduced Threshold for Required Electronic Filing, the Employee Retention Credit Processing Moratorium, the Employee Retention Withdrawal Process and Settlement initiative, and the FUTA Credit Reduction.

Tax 52

Tax income tax tax planning payroll 52

PYMNTS

NOVEMBER 23, 2016

Payroll data, too, showed a promising environment, with a spike among small businesses witnessed in October. the Upper Plains region — saw a spike in small business bankruptcy rates, while Connecticut saw the largest increase in this metric in the third quarter. Geographically speaking, the middle of the U.S. —

Oregon 53

Oregon Connecticut Transportation payroll 53

CPA Practice

OCTOBER 18, 2023

Property and payroll taxes In addition to business or personal income taxes and sales tax, property and payroll taxes are important considerations. Payroll taxes, such as unemployment insurance and workers’ compensation, can also vary across states and affect your labor costs.

business tax 59

business tax Tax Alaska South Dakota 59

CPA Practice

FEBRUARY 7, 2023

Rick Harrison, 33, a real estate agent and construction worker, moved to the Fort Myers, Florida, area from Connecticut five years ago. He and his wife recently bought a house, but he wishes they had done so when they first arrived.

New Jersey 69

New Jersey Florida Connecticut Real Estate 69