The year-end cutoff date for you to report changes for 2013 is December 31, 2013 at 1:00 p.m., or the day a payroll with a January 2014 check date is processed, whichever is earlier.  We recommend that you run any adjustments with a payroll to ensure that the taxes are withheld correctly.  Please remind your accountant to report payroll adjustments no later than your cut-off date. If payroll adjustments are necessary after the year-end cutoff date, we can rerun your tax returns.  However, there will be an additional charge and a processing delay.  Depending on when you report the change, [...]

Important Notice New NC-4 Required for Payments Beginning January 1, 2014 As a result of the recent tax reform package, all employees and recipients of pension or annuity payments must complete a new withholding allowance certificate. The new form must be completed so the correct amount of State income tax is withheld for any payment periods beginning on or after January 1, 2014. The North Carolina Department of Revenue recently mailed a notification packet to over 239,000 employers and pension payers.  This information (including copies of all forms) is now available on the NCDOR's website at http://www.dornc.com/press/2013/nc4requirement.html For technical assistance, [...]

The IRS has released this year's list of states that have defaulted on their 2013 Federal Unemployment Insurance (UI) Loans causing employers in these states to owe additional FUTA tax for the tax year 2013. The following are the FUTA tax rate increases for each affected state: 1.2 percent:  Indiana 0.9 percent:  Arkansas, California, Connecticut, Georgia, Kentucky, Missouri, New York, North Carolina, Ohio, Rhode Island and Wisconsin 0.6 percent:  Delaware The rates above will be applied to the 1st $7,000.00 that each FUTA taxable employee earned for the tax year 2013 and is due with the employer's Federal Form 940 [...]

We are rapidly approaching the end of 3rd Quarter 2013. The last day of processing for this quarter will be Monday, September 30, 2013. 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/or Unemployment ID numbers, please send them in as soon as you receive them. A $25 charge will be assessed for each missing tax ID number. [...]

We are rapidly approaching the end of 2nd Quarter 2013. The last day of processing for this quarter will be Friday, June 28, 2013. 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 28th. Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have "APPLIED FOR" State and/or Unemployment ID numbers, please send them in as soon as you receive them. A $25 charge will be assessed for each missing tax ID number. [...]

We are rapidly approaching the end of 1st Quarter 2013. The last day of processing for this quarter will be Friday, March 29, 2013. 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 29th. Adjustments may include manual checks written by you, or any checks you may have voided. For our Clients who have "APPLIED FOR" State and/or Unemployment ID numbers, please send them in as soon as you receive them. A $25 charge will be assessed for each missing tax ID number. [...]

***Reminder*** Banks are closed on Monday 1/21/13 in observance of Martin Luther King Jr. Day. If you date your checks for Monday, Tuesday, or Wednesday, this holiday will affect your processing. If you have not already made arrangements with your account manager, just give us a call or email. (704) 921-2730 payroll@directpaypayroll.com

WASHINGTON — The Internal Revenue Service today issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56.5 cents per mile for business miles driven 24 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations The rate for business miles driven during 2013 increases 1 cent from the 2012 rate.  The medical and [...]