Looking to Switch Payroll Providers?

Looking to Switch Payroll Providers?

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.  ...
Form 1099-NEC Explained

Form 1099-NEC Explained

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...
2020 Thanksgiving Day Bank Holiday Notice

2020 Thanksgiving Day Bank Holiday Notice

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...
Simpler PPP Forgiveness for Loans of $50,000 or Less

Simpler PPP Forgiveness for Loans of $50,000 or Less

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...
Tips for Taxpayers who Need to File a New W-4

Tips for Taxpayers who Need to File a New W-4

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...