The new year is always a great time for a new start, but that does not mean it’s the only time. If you are looking to switch payroll providers, there is no need to wait until December to do so! The beginning of a new quarter can be just as beneficial. ...
Have you been on the fence about switching payroll providers? Unfortunately, many small to medium-sized businesses stay with their current providers, even if they are not happy with their service because they are worried about the transition being too difficult or...
Prior to 2020, if you have hired independent contractors for your business, you issued Form 1099-MISC to document the amount you paid them. Now, the IRS has introduced Form 1099-NEC, a new form for reporting independent contractor payments (officially known as...
Plan Ahead for Thanksgiving Day Bank Holiday Payroll Banks and Corporate Payroll Services will be closed on Thursday, November 26, 2020, in observance of Thanksgiving. Corporate Payroll Services will also be closed on Friday, November 27, 2020. Banks will...
In early October, The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness...
It is recommended that all taxpayers review their withholding annually. Using the IRS Tax Withholding Estimator can help make sure you are not having too little or too much federal tax withheld. This tool offers workers, retirees and self-employed individuals a...
