Blog
Tip of the Week: IRS Releases 2015 Inflation Adjustments for Health Savings Accounts
The Internal Revenue Service recently released Rev. Proc. 2014-30 which contained the 2015 inflation adjusted amounts for Health Savings Accounts or HSAs. Deductions Limitation Set to Increase The...
Important Notice for All Massachusetts Employers Regarding Unemployment Tax Rates
Due to late action by the Massachusetts legislature and the governor, unemployment rates will NOT be available by the legally mandated deadline of April 20, 2014. At Vision Payroll, we will...
IRS Sends EFTPS Inquiry PINs to Taxpayers
In a letter dated February 20, 2014, the Internal Revenue Service (IRS) sent EFTPS Inquiry PINs to taxpayers whose tax professional enrolled them in the Electronic Federal Tax Payment System...
Unemployment Insurance Weekly Claims Decrease During Week Ending November 30, 2013
According to the US Department of Labor, in the week ending November 30, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 23,000 from the previous week’s...
Unemployment Insurance Weekly Claims Decrease During Week Ending November 23, 2013
According to the US Department of Labor, in the week ending November 23, the advance figure for seasonally adjusted initial claims was 316,000, a decrease of 10,000 from the previous week’s...
Tip of the Week: Schedule Additional 2013 Bonus Payrolls Now
Are you planning an end-of-year bonus payroll for employees? With only five weeks left in 2013, now is the time to schedule any additional payrolls you need. Schedule Separate Pay Runs for Bonuses...
New Year’s Day Holiday May Require Change in Processing Schedule
Wednesday, January 1, 2014 will be New Year’s Day, a federal holiday. The offices of Vision Payroll will close New Year’s Eve, Tuesday December 31 at 3 pm EST and re-open Thursday January 2. Most...
Christmas Day Holiday May Require Change in Processing Schedule
Wednesday, December 25, 2013 will be Christmas Day, a federal holiday. The offices of Vision Payroll will close Christmas Eve, Tuesday December 24 at 2 pm EST and re-open Thursday December 26. Most...
Tip of the Week: IRS Says Restaurants Must Change Tip Reporting in 2014
Effective January 1, 2014, restaurants and other employers with tipped employees must change the way certain tips are reported. Although Rev. Rul. 2012-18 took effect in 2012, examiners in...
Thanksgiving Day Holiday May Require Change in Processing Schedule
Thursday, November 28, 2013 will be Thanksgiving Day, a federal holiday. The offices of Vision Payroll will close Thanksgiving Eve, November 27 at 3 pm EST and re-open Friday November 29. Most banks...
