Blog
RI Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the severe storms and flooding in Rhode Island beginning March 12, 2010, President Barack Obama declared the following counties a federal disaster area: Bristol, Kent, Newport, Providence and...
Unemployment Rate Steady at 9.7 Percent in March
Nonfarm payroll employment increased by 162,000 in March, and the unemployment rate held at 9.7%, the US Bureau of Labor Statistics reported recently. Temporary help services and health care...
Question of the Week: When Will the HIRE Act Affidavit Form Be Available?
This week’s question comes from Andrew, a company president. We know that we can receive a payroll tax exemption and income tax credit under the HIRE Act if we hire certain unemployed workers. We...
Unemployment Insurance Weekly Claims Report Update for March 27, 2010
According to the US Department of Labor, in the week ending March 27, the advance figure for seasonally adjusted initial claims was 439,000, a decrease of 6,000 from the previous week’s revised...
Tip of the Week: 10 Ways to Avoid Wage and Hour Pitfalls
Employers must constantly navigate a minefield of state and federal wage and hour laws. Effectively avoiding common employer pitfalls could save your business thousands of dollars every year. How do...
US Department of Labor Releases Safe Harbor Rule on Employee Contributions to Small Pension and Welfare Plans
The US Department of Labor recently announced the publication of a final rule to protect employee contributions deposited to small pension and welfare benefit plans with fewer than 100 participants...
Massachusetts Releases 2010 Employer Contribution Rates for Unemployment Taxes
The Massachusetts Division of Unemployment Assistance (DUA) has released the 2010 employer contribution rates for unemployment taxes. Employers may check their rate using QUEST. Rates were...
Massachusetts Releases 2010 UHI Contribution Rates
The Massachusetts Division of Unemployment Assistance (DUA) has released the UHI contribution rates for 2010. According to MGL c. 151A, §14G(f): There shall be a rate review board composed of the...
Qualifying Wages Under the HIRE Act
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are allowed not to pay certain employment taxes. In order to qualify under the HIRE...
Question of the Week: How Does the HIRE Act Affect Employees’ Future Social Security Benefits?
This week’s question comes from Sean, an HR director. We are in the process of hiring some employees who would allow us to claim exemption from paying the employer’s share of social security taxes...