The American Jobs Act has five key components: Tax Cuts to Help America’s Small Businesses Hire and Grow Putting Workers Back on the Job While Rebuilding and Modernizing America Pathways Back to Work for Americans Looking for Jobs More Money in the Pockets of Every American Worker and Family Fully Paid for as Part of the President’s Long-Term Deficit Reduction Plan The American Jobs Act will impact payroll and hiring significantly if passed.  Some payroll related items include a social security rate decrease to 3.1% for both employers and employees, tax credits for businesses that hire long term unemployed workers, and [...]

  Protect your personal information! The IRS does not initiate taxpayer communications through email What is phishing? Phishing is a scam typically carried out by unsolicited email and/or websites that pose as legitimate sites and lure unsuspecting victims to provide personal and financial information. All unsolicited email claiming to be from either the IRS or any other IRS-related components such as EFTPS, should be reported to phishing@irs.gov. However, if you have experienced monetary losses due to an IRS-related incident please file a complaint with the Federal Trade Commission through their Complaint Assistant to make that information available to investigators. What [...]

DirectPay Payroll Services offers Employee Self Service. This utility offers your employees the ability to view their pay data securely online. Employees are able to view and print pay stubs as well as W-2s. The amount of requests employers receive for W-2 and pay stub reprints can become  time consuming and counterproductive. Additionally, your employees usually expect their W-2/pay stub requests immediately. With Employee Self Service, the employee will have access to their information 24 hours a day, even prior years. The Employee-Self Service module is a valuable tool designed to help you manage your workforce effectively and efficiently. If [...]

IRS Issues Interim Guidance on Informational Reporting of Employer-Sponsored Health Coverage Reporting is Voluntary for All Employers for 2011 and Small Employers for 2012 IR-2011-31, March 29, 2011 WASHINGTON — The Internal Revenue Service today issued interim guidance to employers on informational reporting on each employee's annual Form W-2 of the cost of the health insurance coverage they sponsor for employees. The IRS is also requesting comments on this interim guidance. The IRS emphasized that this new reporting to employees is for their information only, to inform them of the cost of their health coverage, and does not cause excludable [...]

As a rule, the IRS does not send unsolicited e-mails to taxpayers, though on occasion some taxpayers might receive newsletters or announcements of upcoming IRS-sponsored events based on their membership in professional tax organizations. However, the IRS does not send unsolicited, tax-account related e-mails to taxpayers. For security and other reasons, the IRS never asks for personal and financial information via e-mail. Additionally, the IRS never asks people for the PIN numbers, passwords or similar secret access information for their credit card, bank or other financial accounts. Since the IRS rarely contacts taxpayers via e-mail, and never about their tax [...]

Example of a fraudulent NACHA email: Fraudulent Emails Appearing to Come from NACHA (Action Requested) Ensure that Frontline Staff Understand Sustained and Evolving Nature of Attacks Action Requested NACHA requests that financial institutions, billers, and payment providers ensure that their frontline staff — those who interact with customers — understand the sustained and evolving nature of these attacks. Organizations may wish to consider designating a focal point to coordinate communications and awareness internally and with customers. Kindly instruct customers to forward fraudulent emails they receive that appear to come from NACHA to abuse@nacha.org for analysis. Background Further to previous Members [...]

Online Employer Online Employer is a web-based business solution to streamline business processes and administrative functions required for your organization. What is it? Online Employer is accessible 24 hours per day, 7 days per week.  You can access information from virtually anywhere with a standard Internet Connection.  So you can manage information when it’s most convenient for you. Products and services available through Online Employer include: Online Payroll Entry Payroll just became a whole lot easier.  Online Employer presents payroll remote entry services in conjunction with the best payroll software in the marketplace. You receive all of the flexibility of [...]

WASHINGTON — The Treasury Department and Internal Revenue Service today requested public comment on a proposed affordability safe harbor for employers under the shared responsibility provisions included in the Affordable Care Act that will apply to certain employers starting in 2014. Under the Affordable Care Act, employers with 50 or more full-time employees that do not offer affordable health coverage to their full-time employees may be required to make a shared responsibility payment. Notice 2011-73, posted today on IRS.gov, solicits public input and comment on a proposed safe harbor, designed to make it easier for employers to determine whether the [...]

The 15th is on Thursday this month. If your check date falls on the 15th, please make sure your payroll information is reported to your account manager no later than 3pm on Tuesday the 13th. Also, please keep in mind that the end of 3rd quarter is just a few weeks away. If you have any information that needs to be included in 3rd quarter reports and has not yet been reported to your account manager, please do so no later than 1pm on September 30th. Thank you! As always, if you have any questions please feel free to call [...]

We are rapidly approaching the end of another quarter. The last day of processing for this quarter will be Friday, September 30, 2011. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 30th.  Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have “APPLIED FOR” State and Unemployment ID numbers, please send them in as soon as you receive them. We will discontinue processing for this quarter at 1:00pm on the 30th. If [...]