Payroll
Latest News
An Increase in Customer Theft is Increasing Restaurant Prices
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Deadline for Forms W-2 and 1099 is on Friday, Jan. 31
Those who paid regular employees or used a contractor for more than $600 in work have until Jan. 31, 2014, to provide the appropriate wage and income reporting form – a W-2 or 1099-MISC – to all recipients. For those who procrastinate, sorting through the various IRS reporting requirements at the last minute can make a tight deadline even more stressful.
Special Report Looks at Major Tax Changes of 2013
Thomson Reuters has released a special retrospective report focused on the key tax developments that occurred during 2013, which included a major federal tax law as well as many significant new cases, regulations, rulings, and revenue procedures.
Indiana and Illinois See Jobs Growth
Small businesses are hiring, and employment at smaller firms grew in Illinois and Indiana last month.
Some Restaurants Dropping Automatic Tips For Large Groups
Like most other restaurants in Maine, DiMillo's On the Water in Portland says it will no longer charge automatic gratuities for most large groups now that a change in the federal income tax code has closed a long-standing loophole.
Which States Have the Most Millionaires?
Of the more than 119 million households in the U.S., about 6 million, or five percent, of them include a millionaire, according to a new report. But where do they live?
![Change-in-Nonfarm-Private-Employment-December-2013](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/14079/change-in-nonfarm-private-empl_11298624.png)
Report: December Was Strongest Jobs Growth Month in 2013
U.S. private-sector franchise jobs increased by 30,250 during the month of December 2013, according to the ADP National Franchise Report. BThe report measures monthly changes in franchise employment derived from ADP’s actual transactional payroll data.
![mike-myers-as-dr-evil-in-austin-powers1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/14071/mike-myers-as-dr-evil-in-austi_11298015.png)
A Billion Dollars for March Madness Bracket? Warren Buffet is Backing the Bet
Talk about March Madness! Office pools and online versions of pick-em games for the NCAA basketball tournament see a lot of money pass hands, but never like this.
![blog-auth-james-paille1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/12861/blog-auth-james-paille1_11080537.png)
Payroll: The Difference Between Exempt & Non-Exempt Employees
You probably know that non-exempt employees are covered under FLSA, which imposes requirements for overtime and other aspects of employment. Exempt employees, on the other hand, are not subject to FLSA.