Payroll
Are Your Clients Overlooking Tax-Free Fringe Benefits?
We get so busy during tax season that we often barely have time to breathe. Even so, I want you to do some reading. Call the IRS at 800-TAX FORM (800-829-3676) to get a printed copy of IRS Publication 15-B. Have you ever read it? It’s all about fringe benefits.
High Paying Jobs for 2014 – Mobile Media and Big Data Top List
Trends like big data and mobile media are translating into growing paychecks for some professionals, according to the recently released 2014 Salary Guides from Robert Half Technology and The Creative Group.
Strong Employment Tax Compliance Strengthens Workforce, Corporate Culture
Good compliance management results in stronger financial performance. While that may sound like a truism or generally accepted bit of common sense, a new survey backs it up.
Introducing the MyRA: Boom or Bust?
President Obama didn’t drop any bombshells in his State of the Union address delivered on January 28. But he did unveil a new retirement-saving concept called the “MyRA” (a wordplay on IRA). As the president explained, this account will be designed to encourage retirement savings by workers who don’t have access to employer plans like 401(k)s. It is hoped that the MyRA can help bridge the gap facing millions of Americans who haven’t set aside enough for retirement. But will it turn into a dud?
SMB Survey Shows Cities With Longest Commutes
Nationally, the average commute time for small business employees is 28.7 minutes, according to a new survey by TriNet, a cloud-based provider of HR services.
Why a Minimum Wage Hike is a Bad Idea
The President of the United States, our champion of income equality, has once again called on Congress to raise the minimum wage from its present level of $7.25 per hour up to $10.10 per hour, a salary increase of just under 39 percent.
Paychex Offers Tax Season Tools for Accountants
With tax season in full swing, payroll and human resources provider Paychex, Inc. is highlighting resources to help accounting professionals stay on top of critical payroll, tax, and HR issues that could impact their small business clients.
Payroll Taxes for 2014: The Effects of the Demise of DOMA
The Supreme Court's rejection of the Defense of Marriage Act (DOMA) was big news in 2013. And in 2014, it has big payroll tax implications for employers who offer cafeteria benefits to same-sex spouses.