Blog
Unemployment Insurance Weekly Claims Report Update for August 21, 2010
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...
Tip of the Week: Fourth Quarter Interest Rates Remain Unchanged
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)...
IL Taxpayers Receive Extension of Time to File Returns and Pay Taxes
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...
Labor Day Holiday May Require Change in Processing Schedule
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...
Replacing Employees Who Are Terminated for Poor Performance Under the HIRE Act
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...
IRS Issues Proposed Regulations to Discontinue Paper Coupons
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....
Question of the Week: Has the 2011 Social Security Wage Base Been Announced?
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....
Unemployment Insurance Weekly Claims Report Update for August 14, 2010
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...
Tip of the Week: Employee Texting and Workplace Privacy
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...
Replacing Employees Who Are Terminated for Gross Misconduct Under the HIRE Act
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...
