Employers Archives - Page 3 of 3

Impending tax cliff makes business succession tax planning critical

By Lauryn Charles|2012-11-09T10:47:02-05:00November 9th, 2012|Employers, News Articles|

Source:http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2012/Tax/A_taxingsituation.jsp AICPA.com A taxing situation: Tax strategy and family business succession planning The time for family business owners to act is now. November 8, 2012 by Jim Fitts and John Weeks Succession planning is one of the most challenging and complicated concerns family business owners face. Succession planning can be difficult [...]

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Small Business Health Care Tax Credit for Small Employers

By Lauryn Charles|2011-01-19T12:05:56-05:00January 19th, 2011|Corporate Income Tax, Employers, Health Care Reform|

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Closing a Business Checklist

By Lauryn Charles|2010-08-04T16:33:44-04:00August 4th, 2010|Business Start-Ups and Closures, Corporate Income Tax, Employers|

Source: irs.gov There are typical actions that are taken when closing a business. You must file an annual return for the year you go out of business. If you have employees, you must file the final employment tax returns, in addition to making final federal tax deposits of these taxes. [...]

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Payroll for Restaurants

By Lauryn Charles|2010-08-03T10:35:50-04:00August 3rd, 2010|Employers, Payroll|

Restaurant clients with tipped employees have more complex payroll requirements than other clients. Years of experience in the food, beverage, and hospitality industry have given Paychex the opportunity to excel in offering unique services and reports for establishments with tipped employees. Important payroll items include: FICA Tip Credit Report - [...]

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Small Business Health Care Tax Credit: Frequently Asked Questions

By Lauryn Charles|2010-05-21T10:42:09-04:00May 21st, 2010|Employers, Health Care Reform, Non-Profits|

The new health reform law gives a tax credit to certain small employers that provide health care coverage to their employees, effective with tax years beginning in 2010. The following questions and answers provide information on the credit as it applies for 2010-2013, including information on transition relief for 2010. An [...]

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Employers with New Hires in 2010- Tax Credit Update

By Lauryn Charles|2010-05-19T13:40:20-04:00May 19th, 2010|Employees & Independent Contractors, Employers, News Articles|

Please read the article below and contact my firm if you need assistance with this. If our firm is already providing your payroll service make sure you have notified us of all 2010 new hires. IRS updates Form 941 to reflect new-hire tax exemption The Internal Revenue Service has released [...]

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401(k) Questionnaire Coming to 1,200 Employers & Form 5500 Due Dates

By Lauryn Charles|2010-05-02T19:08:58-04:00May 2nd, 2010|401(k) & 403(b), Employers|

During the week of May 17th, IRS Employee Plans Compliance Unit (EPCU) will send a letter and instructions to 1,200 employers sponsoring 401(k) plans asking them to complete the 401(k) Compliance Check Questionnaire. The information gathered from the Questionnaire will provide a comprehensive view of 401(k) plans and will help [...]

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Employers Urged to Verify Worker Classification for Unemployment Tax

By Lauryn Charles|2010-01-11T15:33:11-05:00January 11th, 2010|Employers, State Taxes|

From the Florida Department of Revenue: Employers should understand how to determine whether a worker is an employee or an independent contractor, so they can correctly include all employees on their Employer’s Quarterly Report (Form UCT-6). The main distinctions are: An employee is subject to the will and control of [...]

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