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IRS Announces 401(k), 403(b), and 457(e)(15) Deferral Limits for 2011
In IR-2010-108, the Internal Revenue Service (IRS) announced the limits on deferral contributions for 2011 under §401(k), §403(b), and §457(e)(15). These limitations are codified in those sections...
IRS Announces 2011 Retirement Plan Contribution and Compensation Limitations
In IR-2010-108, the Internal Revenue Service (IRS) announced that for 2011 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...
Question of the Week: What Are the 2011 Highly Compensated Employee Limits?
This week’s question comes from Cristina, a company president. We’re doing some planning for next year. What are the 2011 Highly Compensated Employee Limits? IRS Releases 2011 Highly Compensated...
Unemployment Insurance Weekly Claims Report Update for October 23, 2010
According to the US Department of Labor, in the week ending October 23, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 21,000 from the previous week’s revised...
Tip of the Week: 5 Tips on Working with Remote Workers
Hiring remote workers has grown more common and can provide significant benefits for many businesses. Understanding how to manage your employees during this workforce trend is crucial in maintaining...
Placer County Employers May Request 60-Day Extension
According to the California Employment Development Department (EDD), employers in the county of Placer directly affected by the Roseville fire may request up to a 60-day extension of time from EDD...
Veterans Day Holiday May Require Change in Processing Schedule
Thursday, November 11, 2010 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...
Arizona Minimum Wage to Increase to $7.35 Effective January 1, 2011
The Labor Department of the Arizona Industrial Commission announced recently that pursuant to Arizona Revised Statutes §23-363, the minimum wage for the state of Arizona will increase to $7.35 per...
NC Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, flooding, and straight-line winds in North Carolina on September 27, 2010, President Barack Obama declared the following counties a federal disaster...
Question of the Week: What is a Notice of Change in Filing Frequency?
This week’s question comes from Anne, a company president. We just received a Notice of Change in Filing Frequency from the Massachusetts Department of Revenue (DOR). What is a Notice of Change in...