Administrator Roy Mulvaney of the Montana Department of Labor and Industry has announced a 1% increase in the taxable wage base for 2011. $300 Increase Is the Lowest in Recent History The wage base will increase from $26,000 for 2010 to $26,300 for 2011. Find Out the...
According to the California Employment Development Department (EDD), there are significant payroll tax changes in 2011. Change to Quarterly Reporting Starting with the first quarter of 2011, employers will begin filing new: Quarterly Contribution Return and Report of...
President Barack Obama recently signed the Education Jobs and Medicaid Assistance Act of 2010 (HR 1586) into law. As part of the legislation, the advance earned income credit, claimed by eligible employees by filing 2010 Form W-5, Earned Income Credit Advance Payment...
According to the California Employment Development Department (EDD), employers in the county of Kern directly affected by the fires may request up to a 60-day extension of time from EDD to file their State payroll reports and/or deposit State payroll taxes without...
This week’s question comes from Ben, a business owner. We received an e-mail from EFTPS stating that my federal tax payment had been rejected. Is there a problem with my EFTPS payment? Answer: On August 20, 2010, the Internal Revenue Service (IRS) issued a Problem...
According to the US Department of Labor, in the week ending August 21, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 31,000 from the previous week’s revised figure of 504,000. The 4-week moving average was 486,750, an increase of...
In IR-2010-090, the Internal Revenue Service (IRS) announced that interest rates for the fourth quarter of 2010 would remain unchanged from the third quarter. The rates are as follows: Four (4) percent for overpayments [three (3) percent in the case of a corporation];...
Due to the damage caused by the severe storms and flooding in Illinois on July 22, 2010, President Barack Obama declared the following counties a federal disaster area: Carroll, Cook, DuPage, Jo Daviess, Ogle, Stephenson and Winnebago. Declaration Leads to Extension...
Monday, September 6, 2010 will be Labor Day, a federal holiday. The offices of Vision Payroll will close Friday September 3 at 5 pm EDT and re-open Tuesday September 7. Most banks will also be closed in observance of the holiday. Date Paid Process Deadline 9/06/10...
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are exempt from certain employment taxes. In order to qualify under the HIRE Act, the wages must be paid by a qualified employer “with respect to...
In IR-2010-092, the Internal Revenue Service (IRS) recently announced proposed regulations (REG 153340-09) that eliminate the ability for taxpayers to deposit taxes using paper coupons. Additionally, businesses with a quarterly Federal tax liability of more than...
This week’s question comes from Sylvia, a payroll manager. I thought I heard that the social security wage base would remain the same in 2011 as it was in 2010, but I can’t find anything official. Has the 2011 social security wage base been announced? Answer: Although...
According to the US Department of Labor, in the week ending August 14, the advance figure for seasonally adjusted initial claims was 500,000, an increase of 12,000 from the previous week’s revised figure of 488,000. The 4-week moving average was 482,500, an increase...
The issue of an employee’s privacy rights and an employer’s workplace monitoring of electronic communications have gained the attention of the US Supreme Court and recently led to a key decision that favors employers. In City of Ontario, et al. v. Quon, et al., 560 US...
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are exempt from certain employment taxes. In order to qualify under the HIRE Act, the wages must be paid by a qualified employer “with respect to...
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are exempt from certain employment taxes. In order to qualify under the HIRE Act, the wages must be paid by a qualified employer “with respect to...
Due to the damage caused by the severe storms, flooding and tornadoes in Iowa on June 1, 2010, President Barack Obama declared the following counties a federal disaster area: Black Hawk, Cherokee, Clayton, Decatur, Delaware, Dubuque, Fayette, Franklin, Hamilton,...
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are exempt from certain employment taxes. In order to qualify under the HIRE Act, the wages must be paid by a qualified employer “with respect to...
This week’s question comes from Bonnie, a business owner. We tested our multi-state employees for unemployment purposes based on Localization of Services, Base of Operations, and Place of Direction or Control. For some employees we were able to determine the...
According to the US Department of Labor, in the week ending August 7, the advance figure for seasonally adjusted initial claims was 484,000, an increase of 2,000 from the previous week’s revised figure of 482,000. The 4-week moving average was 473,500, an increase of...
The United States Department of Transportation (DOT) recently released updated Standard Industry Fare Level (SIFL) rates which are used to value employee personal use of company aircraft. The revised rates are 22.43¢ per mile for 500 or fewer miles traveled, 17.10¢...
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are exempt from certain employment taxes. In order to qualify under the HIRE Act, the wages must be paid by a qualified employer “with respect to...
Due to the damage caused by Hurricane Alex in Texas beginning June 30, 2010, President Barack Obama declared the following counties a federal disaster area: Cameron, Hidalgo, Jim Hogg, Maverick, Starr, Val Verde, Webb and Zapata. Therefore, the Internal Revenue...
The US Department of Labor's Mine Safety and Health Administration (MSHA) recently announced that Kansas City Chiefs’ running back Thomas Jones has become a spokesman for the agency’s annual “Stay Out-Stay Alive” public safety campaign, launched in 1999 to warn...
Total nonfarm payroll employment declined by 131,000 in July, and the unemployment rate was unchanged at 9.5%, the US Bureau of Labor Statistics reported recently. Federal government employment fell, as 143,000 temporary workers hired for the decennial census...
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