Payroll can be a complicated task for small businesses, and most small businesses are unable to deal with that task alone that’s where ADP payroll for small business comes in….
Black Swan (film) Like ugly ducklings, will unpaid interns emerge as (Black) Swans? A series of lawsuits–including one by interns who worked on the Black Swan movie–is set to answer the question whether unpaid interns are really employees. It’s not just about titles, and not every case is the same. But no matter what you call employees, the law says they are entitled to wages under various employment laws. By definition, though, unpaid interns agreed to that status when they signed on. Isn’t later suing for wages going back on the deal? Yes and no. The most publicized case involves 100 or so interns who worked on the Black Swan movie. The defendants are Fox Searchlight and Fox Entertainment Group. The interns say labor laws require companies using unpaid interns to provide training. They didn’t get it, they claim, so the deal is off and they want back pay. After a [...]
“The underlying principle of the laws boils down to this: Employers cannot compel workers to take their pay in a way that costs them money.” We live in a fee-based world where there’s a price to pay even when collecting your paycheck. That’s what some hourly workers including those at McDonalds are saying, and the New York Attorney General is listening to them. New York AG Eric Schneiderman is currently investigating whether major businesses like McDonalds, Home Depot Walmart, Walgreens, Time Warner Cable and Darden Restaurants are short-changing their hourly workers. It’s not so much about how much they’re paying the employees but rather how they’re paying out the wages. At issue is a somewhat controversial method of payment: the payroll card. Employers use payroll cards to deposit paychecks for employees without checking accounts, and they work much like a traditional debit card. But because there’s a rising number [...]
Employers often outsource their payroll and related tax duties to third-party payers such as payroll service providers (PSP) and reporting agents (RA). Third-party payers can help employers assure filing deadlines and deposit requirements are satisfied while also streamlining their business operations by collecting and timely depositing payroll taxes on the employer’s behalf and filing required payroll tax returns with state and federal authorities. Depending on the facts and circumstances, and the type of third-party arrangement, an employer who uses a third party to perform Federal employment tax functions on its behalf may remain solely liable for Federal employment taxes, or may become jointly and severally liable for such taxes. Employers may designate or enter into an agreement with a third party in which the third party agrees to take over some or all of the employer’s Federal employment tax withholding, reporting and payment responsibilities and obligations. Common third party [...]
Last night, the U.S. Department of the Treasury announced a one year delay – until 2015 – in the enforcement of the Employer Shared Responsibility (ESR) provision of health care…
Los Angeles, CA (PRWEB) June 29, 2013 While employers may be concerned about the recent 2% increase in payroll tax, a March 1, 2013 Forbes report mentions a bigger tax issue involving payroll taxes, in “IRS Expands Independent Contractor Amnesty” (smallbusiness.foxbusiness.com/finance-accounting/2012/10/12/deposit-payroll-taxes/). Under the Voluntary Classification Settlement Program (VCSP), the IRS has relaxed some rules. Platinum Tax Defenders’ CEO, Sherri Gastelum, offers five tips and suggests that qualified employers take [...]
Thought it was done? Think again. For many local businesses, the ruling by a state appellate court that the Metropolitan Transportation Authority payroll tax is constitutional means a continuation of taxation without representation, said Charles North, Dutchess County Regional Chamber of Commerce president and CEO. Im shocked that they declared it constitutional, North said. In my opinion, according to interpretation, its still unconstitutional. MTA can stand for more taxes [...]
This year marks the 10th anniversary of Paychex being the preferred payroll and retirement services provider for AICPA members and their clients through the AICPA Trusted Business Advisor Program….
The ADP National Employment Report is a monthly preview of the Labor Department’s Jobs Report Automatic Data Processing (ADP) is a global provider of business outsourcing. They provide a range of services from human resources to payroll. The ADP National Employment Report is published monthly by the ADP Research [...]
With its assortment of forms and calculations, payroll processing and taxes are a headache for most businesses. They distract from the main business. Excel sheets can help but are messy and unwieldy. Tax software is expensive and aimed at large corporations. This week, we will review ZenPayroll – an [...]
What is workers’ compensation insurance? Workers’ compensation insurance is a type of insurance that covers medical care and lost wages for employees after being injured while at work. Besides being…