by mconyer | Sep 2, 2020 | Payroll
Employee Payroll Tax Deferral On September 1, President Trump’s Executive Memorandum dated August 8 went into effect. On August 28, the Department of Treasury issued preliminary guidance on the Memorandum, which allows certain employees to delay the payment of...
by mconyer | Jun 5, 2020 | Payroll
Paycheck Protection Program Flexibility Act On June 5, 2020 the Paycheck Protection Program Flexibility Act, which will implement substantial changes to the Paycheck Protection Program (PPP) was signed by President Trump into law. Among other changes, the bill extends...
by mconyer | Apr 27, 2020 | Payroll
Paycheck Protection Program – Loan Forgiveness The Paycheck Protection Program (PPP) is a loan from your bank backed by the Small Business Administration (SBA) designed to provide a direct incentive for small businesses to keep their workers on the payroll during the...
by mconyer | Apr 15, 2020 | Human Resources, Payroll
CARES Act: Employer Tax Deferral As we continue to wade through the COVID-19 regulations we want to update you on the deferral of employment tax deposits and payments portion of the CARES Act. The IRS has issued new FAQs on deferring employment taxes through December...
by mconyer | Jun 12, 2019 | Payroll
Will Your Payroll System be Ready for Form W-4 Overhaul? The IRS recently released a draft of its new Form W-4. While the new form is not expected to be made available until 2020 employers should be aware of how the new format will affect payroll systems. Form W-4...
by mconyer | Apr 15, 2019 | Payroll
Tax Day Results Was your tax refund what you expected it to be? Or did you end up owing more than you anticipated? Withholdings Matter The number of exemptions you claim on your W-4 impacts your end-of-year tax filing. When you have too much withheld, you end up...
