Jun 6, 2019 | Industry News
Small business owners may qualify for a home office deduction that will help them save money on their taxes, and benefit their bottom line. Taxpayers can take this deduction if they use a portion of their home exclusively, and on a regular basis, for any of the...
Effective Measures To Protect Yourself from Common Security Threats
May 16, 2019 | Industry News
Computer security should be an ongoing concern for every organization. Individuals who try to gain unauthorized access to computer systems are always trying to figure out new methods to cause harm and steal data. Today, keystroke loggers or “keyloggers” (which...
Plan Ahead for Martin Luther King Jr. Day Payroll
Jan 15, 2019 | Holiday Notices, Industry News
Banks will be closed on Monday, January 21, 2019, in observance of the MLK Jr. Day holiday.If you are a direct deposit customer or CPS Checks customer, please submit payroll at least one business day early to ensure proper funding of employee bank accounts.Our MLK Jr....
Get Ready for Taxes: Safekeeping Tax Records Helps for Future Filing
Jan 8, 2019 | Industry News, Regulatory Updates
How long should you keep Tax Records? The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four years after the date that the tax becomes due or paid, whichever is...
IRS Issues Standard Mileage Rates for 2019
Jan 2, 2019 | Industry News, Regulatory Updates
The Internal Revenue Service on December 14, 2018 issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2019, the standard mileage...
IRS announces 2019 Percentage Method Tables for Income Tax
Dec 13, 2018 | Industry News, Regulatory Updates
The IRS announced Notice 1036 which includes information on the percentage method tables for tax withholding, withholding adjustment for Nonresident aliens, Withholding on Supplemental wages, and much more. Withholding allowance amounts for payroll periods have...