2012 FUTA Credit Reduction States

The IRS has released a list of states that have defaulted on their 2012 Federal Unemployment Insurance Loans causing employers in these states to owe additional FUTA tax for the tax year 2012. The following are the FUTA tax rate increases for the affected states and credit reductions: Arizona 0.3% Arkansas 0.6% California 0.6% Connecticut 0.6% Delaware 0.3% Florida 0.6% Georgia 0.6% Indiana 0.9% Kentucky 0.6% Missouri 0.6% Nevada 0.6% New Jersey 0.6% New York 0.6% North Carolina 0.6% Ohio 0.6% Rhode Island 0.6% Vermont 0.3% Virgin Islands 1.5% Wisconsin 0.6% This rate will be applied to the 1st $7,000.00 that each ... Read more

Trouble Making Payroll in a Tough Economy – Could Vacations be the Answer

Making payroll is always a top priority. But for many companies during the economic difficulties of the last few years, payroll has been an ongoing concern every pay period. Creativity and loyalty to staff members has given many company leaders the incentive to find alternative ways to make payroll, rather than laying off valuable, dependable workers. In October 2008 the Society for Human Resource Management (SHRM) conducted a survey that examined paid leave policies and practices in the workplace. The survey was ... Read more

When is Outsourcing Payroll A Necessity?

Even the most savvy entrepreneurs sometimes have a difficult time keeping up with payroll taxes.  According to howstuffworks.com, payroll taxes can create trouble, because “Complicated tax forms must be filled out and filed on an annual, quarterly, sometimes even weekly basis. Missed deadlines and improper tax filings can result in steep fines and even jail time.” A business owner managing payroll can be a huge time waster. That’s bad for the owner and bad for the company. Sitting in the office ... Read more

Salary Discrepancy Between Men and Women

Salary discrepancy between men and women.The salary gap between men and women in the U.S. has closed significantly in the last 50 years. But despite a generation or so of serious attention to the issue, there’s still a long way to go to achieve the elusive goal of equity.  “These differences aren’t going to go away overnight,” said Dr. Nancy Bush, a marketing professor at Wingate (N.C.) University, noting that equal pay for men and women was part of the Republican ... Read more

Benefits of Outsourcing Payroll

The catalyst for outsourcing payroll, tax or HR services is usually cost containment.  Reduction of cost without sacrifice of quality is paramount.  Therefore, when considering outsourcing, vendor choice is critical. After finding a vendor that meets basic payroll production, consider identifying vendors that might have additional payroll or HR products.  Info-Tech Research Group recently conducted a study that found many companies actually outsource to gain access to the specialized skill set that the outsourcing company provides. Rather than depend on employees who ... Read more

Stay Competitive – Plan For Payroll Increases

According to the business consulting firm Mercer, 98 percent of the 1500 employers included on a recent survey plan to increase employee pay in 2013. Salary increases are expected to be up by 2.9 percent, an increase from 2011 and 2010. CNN Money reports that pay raises will not, however, be uniform across the board. Workers designated as top performers are expected to get larger compensation increases than average workers. Some top workers can expect increases as high as 4.5 percent while ... Read more

Workers’ Comp Alert!

Worker's Comp Alert!A new North Carolina law allows lawmakers to potentially incarcerate employers for failure to provide workers' compensation! State lawmakers' have approved HB 237 which requires the state Industrial Commission to capture all information from the North Carolina Rate Bureau, which records insurance information on employers. The Industrial Commission insures that employers have coverage and resolves workers' claims. The new bill allows non-compliant employers to be pursued and may even allow penalties for non-compliance to include incarceration. The bill has been ... Read more

Ebert Joins DirectPay Payroll as Sales Manager

  CHARLOTTE, N.C. – Brian Ebert has joined DirectPay Payroll Services as Sales Manager. Brian Ebert Joins DirectPay Payroll in Charlotte NCEbert, a native of Bethlehem, Pa., is a specialist in online payroll services. He has worked with DirectPay’s software for seven years and brings more than 10 years of experience in payroll systems to the position. “I’m so excited to be working with a local company that focuses on customer service,” said Ebert, who has lived in the Charlotte area for 18 years. ... Read more

Does Facebook Make Employees More Productive?

Goofing off at work actually increases worker productivity. That’s what the Wall Street Journal reports, from a study released by researchers in Singapore in 2011. According to the article, researchers Don J.Q. Chen and Vivien K.G. Lim of the National University of Singapore, in a study titled “Impact of Cyberloafing on Psychological Engagement,” provided evidence that workers who surf the Internet during the workday actually get more done. The study examined the work of 96 students. Three groups were split into a control ... Read more