As a reminder to all, With the assistance of the Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), business employers are entitled to defer both the deposits and payments of their portion of Social Security taxes applicable to employees’ wages. This can be done by reducing any necessary deposits or payments for a specific calendar quarter by a certain amount that reaches the...
Dear Client, Due to the upcoming holidays, our offices will be closed on Friday, 12/23, Monday, 12/26 and Monday, 1/2/23. As a result, weekly reporting will not be issued for the last two weeks of December. If we act as your payroll processor, for the week of 12/19, please have all payroll related information sent to us no later than Tuesday, 12/20 as well as the related bills for the perio...
Please note, that it’s the client’s responsibility as the taxpayer to obtain W-9s from all vendors that provide services to recipients. This includes outside services, independent contractors, sub-contractors, commissions, repairs and maintenance, legal services, and rent, amongst other payments. It is imperative that clients provide us with this information before the end of each calendar yea...