Introducing the MyRA: Boom or Bust?

February 11, 2014 

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…

Ken Berry, JD

 Why a Minimum Wage Hike is a Bad Idea

February 10, 2014 

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.

Dave McClure

 New Bill Ups the Stakes in Obamacare Showdown

February 9, 2014 

New Bill Ups the Stakes in Obamacare Showdown

It’s going to take time – perhaps more than initially anticipated – for the government to work through all the twists and turns in the Patient Protection and Affordable Care Act (the PPACA), the massive health care law known as “Obamacare.” Along the way, certain tweaks and modifications are likely to be required.

Ken Berry, JD

 Paychex Offers Tax Season Tools for Accountants

February 6, 2014 

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.