Blog
Unemployment Insurance Weekly Claims Report Update for June 27, 2009
According to the US Department of Labor, in the week ending June 27, the advance figure for seasonally adjusted initial claims was 614,000, a decrease of 16,000 from the previous week’s revised...
Tip of the Week: Minimum Wage Hikes Take Effect in Three States Today
Employers in three states must pay higher minimum wages effective today. In Illinois, the minimum wage increases from $7.75 per hour to $8.00 per hour. In Kentucky, the minimum wage increases from...
IRS Provides Guidance on Amendments to State COBRA Law
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
Independence Day Holiday May Require Change in Processing Schedule
Saturday, July 4, 2009 will be Independence Day, a federal holiday. Due to bank processing deadlines, the offices of Vision Payroll will be required to transmit ACH files by 2 pm EDT on Friday, July...
IRS Provides Guidance on Extended FEHBP Election Period Coverage
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
IRS Provides Guidance on TRICARE Health Coverage and COBRA Premium Reduction
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
Question of the Week: Do FUTA Taxes Apply to Children of Sole Proprietor Who Are Age 18 or Older?
This week’s question comes from Debbie, a sole proprietor. I read that children under age 18 are not subject to federal employment taxes. My children are now in college and work part-time...
Unemployment Insurance Weekly Claims Report Update for June 20, 2009
According to the US Department of Labor, in the week ending June 20, the advance figure for seasonally adjusted initial claims was 627,000, an increase of 15,000 from the previous week’s revised...
Tip of the Week: Act Now To Receive COBRA Credit on Second Quarter Form 941
Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily terminated employees are eligible for employer-provided subsidies to help pay for their Consolidated...
IRS Rules Discounts Offered to Employees Are Taxable Income
In the recently released Chief Counsel Advice (CCA) 200923029, the Internal Revenue Service ruled that discounts provided to an employer’s employees who purchase or lease property from a company...
