Tax & Accounting Blog

Unemployment Rates and Important Due Dates

Unemployment Rates and Important Due Dates

This month, let’s discuss unemployment rates. Most states set unemployment rates using individual company fund balances, type of industry and experience. The following states also allow companies to “buy down” their individual unemployment rates for the next year by making a voluntary contribution. This calculation is available on the state websites (e.g. Massachusetts … Read More

Legislation Updates for 2017

Legislation Updates for 2017

Let’s take a look at what we can anticipate in the next few months with potential new legislation. Federal health reform — President Trump wants to replace the Affordable Care Act…what he’ll replace it with is anyone’s guess. What we know for now is that the ACA is here to stay for 2017 and possibly … Read More

Looking Forward: Payroll in 2017

Looking Forward: Payroll in 2017

Payroll January 12, 2017

As we prepare for a new administration, let’s take a look at what we know, what will change and what 2017 may bring. What we know and what will change: Affordable Care Act—Forms 1094-B and 1094-C and Forms 1095-B and 1095-C to employees—the disbursement date has been extended to March 2, 2017. The date for … Read More

Electrify Your Payroll with Ancillary Services!

Electrify Your Payroll with Ancillary Services!

For many practitioners, payroll services are a welcome jolt of energy—and profitability—for their firms. Even if you already have a respectable payroll base and are pleased overall with your payroll operations, there’s always an opportunity to improve profitability. And while the actual processing is likely to remain your principal source of revenue, payroll can also … Read More

Payroll Compliance Information: New Rates in 2017

Payroll Compliance Information: New Rates in 2017

2017 brings new state and federal rates, accelerated W-2 filings and ACA reporting requirements. Due to a low consumer price increase this year, many rates stay the same with a glaring exception—the 2017 Federal Insurance Contributions Act (FICA) wage base. And remember, January 2017 brings Affordable Care Act reporting for applicable large employers (ALEs)—all ALEs … Read More