The Louisiana Workforce Commission has announced an increase in the taxable wage base for 2010. The wage base will increase from $7,000 for 2009 to $7,700 for 2010. Contact Vision Payroll if you have any questions on Louisiana unemployment taxable wage base or visit...
Question of the Week: How Do I Opt Out of Filing Form 944?
This week’s question comes from Rick, a restaurant owner. I started my business in June of this year. Since I didn’t have a big payroll in June, the Internal Revenue Service (IRS) recently informed me that I should file Form 944. Since my payroll will be much higher...
Unemployment Insurance Weekly Claims Report Update for October 24, 2009
According to the US Department of Labor, in the week ending October 24, the advance figure for seasonally adjusted initial claims was 530,000, a decrease of 1,000 from the previous week’s unrevised figure of 531,000. The 4-week moving average was 526,250, a decrease...
Tip of the Week: IRS Announces Web-based Retirement Plans Navigator
In News Release IR-2009-091, the Internal Revenue Service (IRS) announced the release of its new web-based IRS Retirement Plans Navigator to help small businesses find retirement plan information. The website offers assistance in the following areas: Choosing a Plan...
San Bernardino County Employers May Request 60-Day Extension
According to the California Employment Development Department (EDD), employers in the county of San Bernardino directly affected by the damage resulting from the “Sheep Fire” may request up to a 60-day extension of time from EDD to file their State payroll reports...
Veterans Day Holiday May Require Change in Processing Schedule
Wednesday, November 11, 2009 will be Veterans Day, a federal holiday. Although the offices of Vision Payroll will be open and payrolls will be processed, most banks will be closed in observance of the holiday. Date Paid Process Deadline 11/11/09 11/6/09 11/12/09...
California Releases Revised Withholding Schedules
As a result of the recent law requiring changes to income tax withholding in California, new withholding tables have been released effective for November 1, 2009 to December 31, 2009. The new tables accelerate withholding and increase the rates for supplemental wages,...
Oregon Minimum Wage to Remain Unchanged for 2010
Brad Avakian, Commissioner of the Oregon Bureau of Labor and Industries announced recently that, effective January 1, 2010, the minimum wage for the state of Oregon will remain at $8.40 per hour. As a result of Measure 25, which passed in 2002, an adjustment to the...
Question of the Week: Will GINA Cause Problems for Us?
This week’s question comes from Ron, an HR director. We’ve been hearing that GINA is going to create problems for many employers. We have fifty-five employees. Will GINA cause problems for us? Answer: the Genetic Information Nondiscrimination Act of 2008 (GINA) is...
Unemployment Insurance Weekly Claims Report Update for October 17, 2009
According to the US Department of Labor, in the week ending October 17, the advance figure for seasonally adjusted initial claims was 531,000, an increase of 11,000 from the previous week’s revised figure of 520,000. The 4-week moving average was 532,250, a decrease...
Tip of the Week: Making Hiring Decisions with Today’s Internet
Advances in online technology have reinforced how the Internet has become an increasingly necessary and unavoidable recruitment tool for small companies to leverage. There are three important areas employers must consider when implementing successful on-line...
IRS Announces 2010 Retirement Plan Contribution and Compensation Limitations
In IR-2009-094, the Internal Revenue Service (IRS) announced that for 2010 the compensation limitation will remain at $245,000 under §401(a)(17), §404(l), §408(k)(3)(C), and §408(k)(6)(D)(ii) of the Internal Revenue Code of 1986 (IRC). The contribution limit under IRC...
Social Security Administration Announces 2010 Changes
The Social Security Administration announced recently that the Maximum Taxable Earnings or Social Security Wage Base would not change for 2010. Since there was no increase in the Consumer Price Index (CPI-W) from the third quarter of 2008 to the third quarter of 2009,...
IRS Announces 2010 Highly Compensated Employee Limitation
In IR-2009-094, the Internal Revenue Service (IRS) announced that for 2010 the Highly Compensated Employee Limitation under §414(q)(1)(B) of the Internal Revenue Code of 1986 will remain unchanged. Non-discrimination testing in some types of retirement plans limits...
IRS Announces Adjustments to SIMPLE Plan Limits for 2010
In IR-2009-094, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the limits on SIMPLE plan contributions for 2010. The limitation for SIMPLE plans is codified in §408(p)(2)(E) of the Internal Revenue Code of 1986 (IRC). This section also...
Question of the Week: Do I Need a Separate EIN for My Single Member LLC?
This week’s question comes from Kevin, a sole proprietor. I am forming an LLC and will be converting from a sole proprietorship to a single member LLC, but still taxed as a sole proprietor. Do I need a separate EIN for my single member LLC? Answer: As explained...
Unemployment Insurance Weekly Claims Report Update for October 10, 2009
According to the US Department of Labor, in the week ending October 10, the advance figure for seasonally adjusted initial claims was 514,000, a decrease of 10,000 from the previous week’s revised figure of 524,000. The 4-week moving average was 531,500, a decrease of...
Tip of the Week: Institute Effective Practices and Systems for Your Hiring Process
For new employees, a smooth and efficient transition to the company can reap rewards for years to come. When it’s time to hire your next new employee, our Hiring Quick Guide will help you institute effective practices and systems for your hiring process. Learn the...
Wyoming Unemployment Wage Base to Increase to $22,800
Director Gary W. Child of the Wyoming Department of Employment has announced an increase in the taxable wage base for 2010. The wage base will increase from $21,500 for 2009 to $22,800 for 2010. Contact Vision Payroll if you have any questions on Wyoming unemployment...
Montana Unemployment Wage Base to Increase to $26,000
Administrator Roy Mulvaney of the Montana Department of Labor and Industry has announced a 4% increase in the taxable wage base for 2010. The wage base will increase from $25,100 for 2009 to $26,000 for 2010. Contact Vision Payroll if you have any questions on Montana...
New Mexico Unemployment Wage Base to Decrease to $20,800
Secretary Ken F. Ortiz of the New Mexico Department of Workforce Solutions has announced a decrease in the taxable wage base for 2010. The wage base will decrease from $20,900 for 2009 to $20,800 for 2010. Contact Vision Payroll if you have any questions on New Mexico...
Missouri Unemployment Wage Base to Increase to $13,000
Director Lawrence G. Rebman of the Missouri Department of Labor and Industrial Relations has announced a increase in the taxable wage base for 2010. The wage base will increase from $12,500 for 2009 to $13,000 for 2010. Contact Vision Payroll if you have any questions...
Question of the Week: How Can I Get Copies of My Quarterlies?
This week’s question comes from Elizabeth, a small business owner. I need to give copies of my quarterly tax returns to my CPA so I can finish my income tax return. I can’t find my copies anywhere. How can I get copies of my quarterlies? Answer: Vision Payroll offers...
Unemployment Insurance Weekly Claims Report Update for October 3, 2009
According to the US Department of Labor, in the week ending October 3, the advance figure for seasonally adjusted initial claims was 521,000, a decrease of 33,000 from the previous week’s revised figure of 554,000. The 4-week moving average was 539,750, a decrease of...
Tip of the Week: Keeping Pace with Social Media in the Workplace
According to the 2009 Deloitte LLP Ethics & Workplace Survey, “58 percent of executives agree that reputational risk and social networking should be a boardroom issue.” As employees (and employers too) increase their usage of such sites as LinkedIn, Facebook,...
With the Click of Button
Streamline Your Hiring
Process With

