Blog
Social Security Tax Rate on Employees Reverts To 6.2% of Taxable Wages
The temporary decrease of the social security tax rate to 4.2% has expired with the end of 2012. Beginning in 2013, the social security tax rate on employees reverts to 6.2%. Net Pay Will Decrease...
Tip of the Week: IRS Increases Standard Mileage Rate to 56.5 Cents per Mile for 2013
The standard mileage rates for the use of automobiles beginning January 1, 2013 will be 56.5 cents per mile for business miles driven and 24 cents per mile driven for medical or moving purposes the...
Thanksgiving Day Holiday May Require Change in Processing Schedule
Thursday, November 22, 2012 will be Thanksgiving Day, a federal holiday. The offices of Vision Payroll will close Thanksgiving Eve, November 21 at 3 pm EST and re-open Friday November 23. Most banks...
Veterans Day Holiday May Require Change in Processing Schedule
Monday, November 12, 2012 will be the commemoration of Veterans Day, a federal holiday. Although the offices of Vision Payroll will be open and payrolls will be processed, most banks will be closed...
Social Security Administration Announces 2013 Increases
The Social Security Administration announced today that the Maximum Taxable Earnings or Social Security Wage Base would increase from $110,100 in 2012 to $113,700 in 2013. Social Security Increases...
Unemployment Insurance Weekly Claims Report Update for September 29, 2012
According to the US Department of Labor, in the week ending September 29, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 4,000 from the previous week’s revised...
Question of the Week: Where Can I Get the New Form I-9?
This week’s question comes from Amy, an office manager. Amy asks: We just used the new paperless onboarding when we hired a new employee. The Form I-9, Employment Eligibility Verification, said that...
Unemployment Insurance Weekly Claims Report Update for September 22, 2012
According to the US Department of Labor, in the week ending September 22, the advance figure for seasonally adjusted initial claims was 359,000, a decrease of 26,000 from the previous week’s revised...
Tip of the Week: Streamline Your Hiring Process with Paperless Onboarding
Are you still printing paper forms to send out to your new hires? Are you wasting time key punching data from forms into payroll? Do you have to go back and correct errors from incomplete and...
Montana Unemployment Wage Base to Increase to $27,900 for 2013
Administrator Roy Mulvaney of the Montana Department of Labor and Industry has announced a 1% increase in the taxable wage base for 2013. $900 Increase Is the Largest Since 2010 The wage base will...