Blog
Tip of the Week: FUTA Tax to Decrease This Friday
Most employers nationwide will receive an employment tax reduction July 1, 2011 when the temporary FUTA surtax expires. The temporary surtax was enacted in 1976. The standard FUTA tax rate will...
IRS Increases Standard Mileage Rate to 55.5 Cents per Mile
The standard mileage rates for the use of automobiles beginning July 1, 2011 will be 55.5 cents per mile for business miles driven and 23.5 cents per mile driven for medical or moving purposes the...
Independence Day Holiday May Require Change in Processing Schedule
Monday, July 4, 2011 will be Independence Day, a federal holiday. The offices of Vision Payroll will close July 1 at 5 pm EDT and re-open Tuesday July 5. Most banks will also be closed in observance...
IRS Releases 2012 Inflation Adjustments for Health Savings Accounts
The Internal Revenue Service recently released Rev. Proc. 2011-32 which contained the 2012 inflation adjusted amounts for Health Savings Accounts or HSAs. Deductions Limitation Set to Increase The...
Memorial Day Holiday May Require Change in Processing Schedule
Monday, May 30, 2011 will be Memorial Day, a federal holiday. The offices of Vision Payroll will close Friday May 27 at 5 pm EDT and re-open Tuesday May 31. Most banks will also be closed in...
AR Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, and associated flooding, in Arkansas on April 14, 2011, President Barack Obama declared the following counties a federal disaster area:...
TN Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, straight-line winds, and associated flooding, in Tennessee on April 25, 2011, President Barack Obama declared the following counties a...
MS Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, straight-line winds, and associated flooding in Mississippi on April 15, 2011, President Barack Obama declared the following counties a...
GA Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, straight-line winds, and associated flooding, in Georgia on April 27, 2011, President Barack Obama declared the following counties a federal...
AL Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, straight-line winds, and flooding, in Alabama on April 15, 2011, President Barack Obama declared the following counties a federal disaster...