CPA Practice

JUNE 5, 2023

The analysis found that New York is the best-paying city for accountants, with an adjusted salary of $95,308. New York City also pays HR specialists the most, with an adjusted salary of $74,912. The salary data provided by Revelio was adjusted based on median income levels in cities, according to Bloomberg.

New York 98

New York accountant accounted Account 98

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. The state’s last scheduled increase is $12.00 per hour, beginning January 1, 2023.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

CPA Practice

MARCH 24, 2023

Residents and businesses in five New York counties affected by recent winter storms now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service has announced. In addition, penalties on payroll and excise tax deposits due on or after Dec. 23 and Dec.

New York 105

New York Tax tax return income tax 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

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

PYMNTS

SEPTEMBER 26, 2018

Square has announced the launch of the Square Payroll App , a self-serve tool that makes it easier for employers to manage the payroll process. With this new app, employers can go from signup to sending a pay run within minutes, with features including push notifications and automatic payroll.

payroll 73

payroll New York Start-ups Tax 73

PYMNTS

MAY 18, 2017

In the latest development in New York state’s debate over payroll card regulation, Department of Labor has reportedly appealed an earlier decision that invalidated and revoked earlier regulations on payroll cards issued by the Department. The regulations, it continued, overlapped bank regulations on payroll card fees.

New York 40

New York payroll Legal Government 40

PYMNTS

JUNE 24, 2016

The New York State Department of Labor said earlier this month through a published proposed rule that current consents are invalid for direct deposit and must be reinstated by employees. They must be informed about all their payment options and that they need not accept a payroll debit card.

New York 41

New York payroll 41

PYMNTS

SEPTEMBER 9, 2016

New York State workers who get paid via prepaid card will have more consumer protections starting next year. According to a report by The New York Times , the new rules, which some consumer advocates said are the strongest in the country, are designed to ensure employees don’t have to pay any fees to access their paychecks.

New York 40

New York payroll Start-ups Retail 40

PYMNTS

OCTOBER 4, 2019

Today in the payments news roundup, Square is rolling out CBD early access program that will allow U.S. Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. vendors to sell CBD items. NY AG Subpoenas 40+ Cos About MyPayrollHR Scandal.

New York 49

New York payroll Technology Washington 49

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. per hour in areas outside of New York City. New York City remains at $15.00 The new laws, Int. per hour. . West Virginia.

payroll 72

payroll Virginia Utah West Virginia 72

PYMNTS

SEPTEMBER 2, 2019

But regulators from New York and 10 other states aren’t convinced. Last month, they started investigating whether some of these firms violated payday-lending laws, sending out letters to payroll-advance apps , including Earnin , PayActiv and Even Responsible Finance.

payroll 69

payroll New York Finance 69

PYMNTS

JULY 24, 2019

Payroll startup Gusto announced Wednesday (July 24) that it has raised $200 million led by former U.S. Gusto aims to unravel payroll complexity for small and medium businesses (SMBs). has its own set of diverse and complex labor laws, making it hard for SMBs to find a suitable payroll product. “I Every state in the U.S.

payroll 59

payroll Healthcare New York Texas 59

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

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

FEBRUARY 8, 2024

Hiline , a provider of financial-operations-as-a-service that helps business clients manage risk, improve outcomes, and make better decisions, has acquired Calculate , a New York-based outsourced accounting and finance firm focused on serving emerging companies.

New York 52

New York accounting firms accountant accounted 52

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

CPA Practice

MAY 5, 2023

By Alex Gault, Watertown Daily Times, NY (TNS) Nearly a million businesses are owed an employee retention credit for keeping their staff on payroll through the early days of the COVID-19 pandemic, and Sen. Kirsten Gillibrand (D-New York) is demanding the IRS pay up.

payroll 114

payroll tax preparation New York Tax 114

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

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

PYMNTS

FEBRUARY 23, 2017

A board of appeals in New York state has revoked earlier regulations surrounding payroll cards developed by the New York State Labor Department after determining that the NYSDOL exceeded its rulemaking authority under the New York State Commissioner. Reports in the National Law Review Tuesday (Feb.

payroll 43

payroll New York Government B2B 43

PYMNTS

JANUARY 20, 2017

The environment for the adoption of prepaid cards in a payroll setting is a mixed one. A Visa study has found that as many as 86 percent of employees would in fact prefer to be paid with a payroll card than they would a paper-based check. On the one hand, employees and employers see a streamlining of process and tracking.

payroll 52

payroll Expense Management New York Government 52

CPA Practice

OCTOBER 31, 2023

This first-of-its-kind settlement comes just months after the EEOC released a new resource regarding artificial intelligence (A.I.) used in the hiring process under Title VII of the Civil Rights Act of 1964 (see Payroll Guide ¶20,450 ). Also, both New Jersey ( L. 2022, A4909 ) and New York ( L.

Legal 116

Legal audit payroll Technology 116

PYMNTS

OCTOBER 26, 2017

McDonald’s franchise owners in Pennsylvania have settled a lawsuit filed in 2015 over their use of payroll cards, news reports on Wednesday (Oct. Employees were forced to pay fees whenever they went to an ATM to withdraw funds from their payroll cards, as well as when they made online bill payments. as defendants.

payroll 46

payroll Pennsylvania New York Legal 46

PYMNTS

JULY 24, 2018

New York’s years-long payroll card regulation saga took an unexpected turn recently when the New York State Supreme Court annulled a previous appellate court ruling, reviving efforts to introduce stricter payroll card rules. The case was settled last year , and similarly targeted payroll card fees.

payroll 40

payroll New York Alabama Georgia 40

xendoo

JULY 15, 2022

Doing payroll may not be your favorite part of running a business. If you haven’t yet, the first step is to learn how to set up payroll. How to Set Up Payroll. Luckily, we’ve put together this guide on how to set up payroll, with some insider accountant tips to make it less painstaking for business owners. .

payroll 59

payroll payroll tax income tax Tax 59

PYMNTS

JULY 14, 2016

Legislation currently pending in New York state could snarl direct deposit and ease of employee payments, as workers may have to “recommit” to having paychecks sent into existing bank accounts. These people want the card,” he stated, “and now must wait days to get it.”

payroll 40

payroll New York Government accountant 40

ThomsonReuters

APRIL 14, 2022

Recently elected New York City Mayor Eric Adams added to the tweet responses on November 4, 2021, by writing that he would receive his first three paychecks via Bitcoin after being sworn in as mayor. He also noted that New York City would be the center for the cryptocurrency industry. employment taxes). Conclusion.

New York 119

New York Tax Illinois payroll 119

PYMNTS

SEPTEMBER 30, 2016

Weeks after New York state introduced new legislation aimed at protecting employees from excessive fees while using their payroll cards, a neighboring state is gearing up for its own laws targeted at the tool. 28) said Connecticut is preparing for a new statute to legalize payroll cards.

Connecticut 46

Connecticut payroll New York Legal 46

ThomsonReuters

FEBRUARY 7, 2022

New York City. 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). .

Rhode Island 92

Rhode Island South Dakota Connecticut Agriculture 92

PYMNTS

APRIL 24, 2018

A temp employee placed by staffing agency Balance Staffing to work for Tesla has reportedly filed a lawsuit, alleging Balance Staffing pressured workers to receive debit payroll cards instead of paychecks and claiming Tesla employees aren’t receiving overtime compensation or work breaks.

payroll 46

payroll California Manufacturing Legal 46

PYMNTS

MAY 26, 2016

Pizza chain Domino’s is facing a lawsuit accusing the conglomerate of snubbing its employees of sufficient compensation, and according to reports on Wednesday (May 25), the firm’s payroll software is to blame. Domino’s uses a payroll tool called Pulse to calculate wages and compensate employees.

payroll 40

payroll New York Michigan B2B 40

CPA Practice

JULY 24, 2023

In a dozen states and DC, the number of people on payrolls remains below pre-pandemic levels. That includes New York and Hawaii. For instance, Minnesota’s unemployment rate is up 0.5 percentage point from last year to a still-low 2.9%. ©2023 Bloomberg L.P.

South Dakota 98

South Dakota New Hampshire Mississippi Idaho 98

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

MyIRSRelief

MAY 15, 2024

Common 990 Compliance Issues: preparation & planning Misclassification of volunteers as employees, leading to potential payroll tax liabilities. Do we need to worry about payroll taxes? An EA can help you structure board compensation to avoid any payroll tax surprises (IRC Section 3121(d)).

Tax 130

Tax payroll tax payroll tax preparation 130

CPA Practice

MAY 1, 2023

States such as New York, Maine, and Oregon are set to implement similar programs sometime this year. 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.

Oregon 134

Oregon Nebraska Colorado Illinois 134

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