About Us. Services PAYROLL SOLUTIONS UNLIMITED, INC.
|
|
- Marybeth Dennis
- 8 years ago
- Views:
Transcription
1
2 About Us Payroll Solutions Unlimited, Inc Blue Lagoon Drive, Suite 800 Miami, FL Tel: (305) Fax: (305) Payroll Solutions Unlimited is a fast growing payroll services provider and was founded on the principle of providing exceptional customer service. We consider our clients as partners and we re passionate about their success; when they succeed, we succeed. This principle is the hallmark of our business as we recognize that providing a consistent high level of customer service is the key to success. What sets us apart from other providers is competitive pricing, extensive experience in the payroll industry, and a complete understanding of small-to-midsize business challenges. We offer affordable pricing and on average our clients save 30% on their payroll processing costs. PSU s management team has over 13 years of experience in the payroll industry. Clients leverage our expertise by assigning their payroll administration to an experienced and qualified group of professional payroll staff. We focus on your employees, so you may focus on what you do best, grow your business. Payroll Solutions Unlimited is a small-to-midsize business and we share and face the same issues our clients confront. Our client base is only small-to-midsize businesses and this gives us a relative understanding of the day-to-day challenges our clients encounter. Contact us today to see how PSU can save your company money! Services Payroll Services Tax Services Worker s Compensation Insurance Page 2 of 5
3 Payroll Services We provide comprehensive and complete payroll services. Payroll Solutions Unlimited s management team has extensive experience in the payroll industry and this experience allows us to deliver a service that exceeds our clients expectation. Direct Deposit Payroll Checks / Stubs Digital Signature A notice of cash needed to cover payroll W2 Processing Web Payroll Access QuickBooks Integration Time Clock System Interface Worker's Com Reporting Payroll Reports Delivery: (paychecks delivered to your business every pay period) Multiple Payroll Input Options At PSU we recognize that our clients have preferences on how to communicate their payroll process. The following payroll input options are available. Call in your payroll Internet - online data entry Fax Page 3 of 5
4 Tax Services Federal Insurance Contribution Act Federal Insurance Contribution Act (FICA) provides for federal and health insurance. The old age, survivors, and disability insurance (OASI) is financed by the social security tax. The health insurance is financed by the Medicare tax and each of these taxes is reported separately. Social security and Medicare taxes are levied on both employers and employees (unless you or your employees are not subject to these taxes). An employer must withhold and deposit the employee s withheld social security and Medicare taxes and the employer must pay a matching amount. The Federal Unemployment Tax Act The Federal Unemployment Tax Act (FUTA), with state unemployment systems, provides for payments of unemployment compensation to workers who have lost their jobs. FUTA tax is an employer tax only, and is not deducted from the employee s wages. The tax rate for federal unemployment taxes is 6.2 percent of covered wages, which includes 0.2 percent surtax. The rate is in effect through The taxes are assessed on the first $7, paid to covered employees each year. The law provides a credit for state unemployment taxes paid. This credit permits employers to deduct timely state contributions from federal unemployment taxes due. With the maximum credit allowed, the net federal rate for unemployment taxes is 0.8 percent through 2007, 0.6 percent in 2008 and thereafter State Unemployment Tax Act State Unemployment Tax Act (SUTA) is part of the joint federal / state unemployment system. It provides for payments of unemployment compensation to workers who have lost their jobs. Most employers pay both a Federal and a state unemployment tax. Payroll Solutions Unlimited manages these federal, state, and local payroll tax filings mentioned above on your behalf. We coordinate the depositing of the tax liability funds and the reporting of such required filings as an example. State Unemployment Insurance Filing (SUTA UTC 6) Federal Unemployment Insurance Filing( FUTA 940 Qty) Federal Filing, 941, 944, 943 Page 4 of 5
5 Worker s Compensation Insurance Payroll Solutions Unlimited has strategic alliances with leading writers of workers compensation coverage. Our insurance packages will save your company premium dollars and the pay-as-you-go workers comp product provides the following benefits. Predictability Cash flow improvement In many cases no down payment of policy premium Electronic withdrawal of premium payment Page 5 of 5
FICA WITHHOLDING & TAXATION OF DISABILITY BENEFITS. Information for Policyholders
FICA WITHHOLDING & TAXATION OF DISABILITY BENEFITS Information for Policyholders Step One As claim payments are made: Calculates and withholds the EMPLOYEE S portion of FICA liability based on information
More informationNot Knowing How To Manage the Pieces will Cost You Money
Not Knowing How To Manage the Pieces will Cost You Money 1 Table of Content Section Page Executive Summary 3 Your Responsibilities 4 Employee Taxes 5 Employer Taxes 6 Social Security Tax 7 Medicare Tax
More informationPayroll 101: An Introduction to Payroll and Taxes for Household Employers Redlig Financial Services LLC
In order to understand the role we play in handling and managing the payroll process for you, it is helpful to understand what s involved with payroll to begin with, from withholdings to remittances. As
More informationHeintz & Parry. 20 th Edition. College Accounting
Heintz & Parry 20 th Edition College Accounting Chapter 9 Payroll Accounting: Employer Taxes and Reports 1 Describe and calculate employer payroll taxes. Employer Payroll Taxes In addition to the gross
More informationPayroll Data Integration with QuickBooks
Payroll Data Integration with QuickBooks (Complete Payroll, Full Service Payroll, and Assisted Payroll) Our Intuit Payroll solutions work with QuickBooks so you can easily integrate your payroll data with
More informationTHE PEO ADVANTAGE. What is a Professional Employer Organization?
What is a Professional Employer Organization? THE PEO ADVANTAGE A Professional Employer Organization (PEO) is a business also known as employee leasing or staff leasing. PEO s provide small and midsized
More informationUnlock Your Full Potential With The TLC Companies. Your Human Resources Key T H E T L C C O M P A N I E S
Unlock Your Full Potential With The TLC Companies Your Human Resources Key T H E T L C C O M P A N I E S Your Challenge As doing business grows evermore challenging, business owners, managers, and professionals
More informationTax Payments Checklist (Year to Date Payroll)
Tax Payments Checklist (Year to Date Payroll) Important: Before you enter tax payments in the Enter Payroll Tax Payments window: Enter all your year to date paychecks in the Enter Paychecks window. Print
More informationTest 3 Review. Student:
Test 3 Review Student: 1. A credit sale of $2,500 to a customer would result in: A. A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts
More information2. What is the FUTA tax rate in 2014? a. 6.2% b..8% c. 6.0% d. 5.4%
HOW MUCH DO YOU KNOW TODAY? 1. The IRS approved rate for employer provided fuel for 2014 is: a. 5.5 cents per mile b..56 cents per mile c. 9 cents per mile d.,56.5 cents per mile 2. What is the FUTA tax
More informationAccounting For Your Small Business
Accounting For Your Small Business Overview: Overview of accounting topics for small business, including accounting principles, p budgets and payroll. *1.0 CAS Basic Accounting For Small Businesses Renee
More information2012 Year End Accountant Guide
2012 Year End Accountant Guide For your clients using RUN Powered by ADP This guide contains information and critical dates to assist you with year end payroll and tax filing tasks. HR. Payroll. Benefits.
More informationASK THE EXPERTS. Customer Service
Ask the Experts If you ve got payroll and tax filing questions, we ve got answers! Read through our list of frequently asked questions below or if you can t find what you re looking for, please send your
More informationguide to understanding PEO billing reports
guide to understanding PEO billing reports guide to understanding PEO billing reports Table of Contents page Introduction i Why PEOs 1 How Do PEOs Bill for Services? 2 Gross Payroll / Payroll Taxes 3 Federal
More informationVarsity Computing, Inc. dba Dallas Payroll 1219 Abrams Road, Suite 320 Richardson, TX 75081 (214) 553-0700 Fax (972) 470-0960
PAYROLL SET-UP INSTRUCTIONS Complete the Company Set-Up form. Make certain you provide the state unemployment tax ID and unemployment tax rate. This information is required for processing and filing you
More informationRECORDS MANAGEMENT MANUAL STATE GOVERNMENT AGENCIES
10-1. Administrative Payroll Reports Reports and statistics with supporting and related records pertaining to workload and personnel management, payroll operations and administration. Record copy: Retain
More informationQBClips Payroll Setup Instructions
BusinessWise Training, Inc. "Power up Your QuickBooks with QBClips 3580 Linden Ave St Paul MN 55110-5132 651-407-7040 651-779-6688, Fax wwise@qbclips.com www.qbclips.com QBClips Payroll Setup Instructions
More informationUntangle Payroll Jargon
401K - This type of plan was named for section 401(k) of the Internal Revenue Code, which permits employees of qualifying companies to set aside tax-deferred funds to be used after retirement. 401K deductions
More informationNANNYCHEX PO Box 4276 Greenwood Village, CO 80155 303-770-5570 1-877-626-6924 nannychex@aol.com www.nannychex.com
Your 2014 Nanny Tax and Insurance Obligations SOCIAL SECURITY AND MEDICARE TAXES (FICA) Employer s and Nanny s Expense You are required to withhold Social Security and Medicare taxes when you pay a household
More informationPayroll entries accrue into payable accounts for the amounts to be paid at a later date.
Overview Accruals to payroll accounts Accounting period end accruals Special accounting procedures o Unemployment o Vacation liability o Nondiscretionary Bonuses Accruals to Payroll Accounts Payroll entries
More informationPayroll Benefits Tax Tracking
County Accounting Manual Payroll Benefits Tax Tracking Contents: Pre-Tax Retirement Annuity Summary of Plans Sample Paycheck Stub and W2 Setup Payroll Benefit Items Some Medical Insurance and Retirement
More informationChapter 11: Payroll Taxes, Deposits, and Reports
Chapter 11: Payroll Taxes, Deposits, and Reports Chapter Opener: Thinking Critically Payroll accountants are responsible for keeping accurate records of all employees so paychecks can be processed properly
More informationGeorgia DBHDD NOW & COMP Waiver Programs. For Self-Directing Participants
Public Partnerships, LLC Georgia DBHDD NOW & COMP Waiver Programs 5660 New Northside Drive Suite 450 Atlanta, Georgia 30328 Toll Free Numbers Phone: 1-866-836-6792 TTY System: 1-800-360-5899 Administrative
More informationThe Advantages of PEO Over Human Resources
1 PROFESSIONAL EMPLOYERS FOR SMALL COMPANIES December 1998 Small and mid-sized companies can rid themselves of time-consuming administrative functions and save costs on benefits packages by outsourcing
More information2015 YEAR-END REFERENCE GUIDE AND CHECK LIST IMPORTANT TAX INFORMATION
2015 YEAR-END REFERENCE GUIDE AND CHECK LIST IMPORTANT TAX INFORMATION This document contains important information that is needed to ensure the accuracy of your W-2 s and other year-end tax returns. Please
More informationCurrent liabilities - Obligations that are due within one year. Obligations due beyond that period of time are classified as long-term liabilities.
Accounting Fundamentals Lesson 8 8.0 Liabilities Current liabilities - Obligations that are due within one year. Obligations due beyond that period of time are classified as long-term liabilities. Current
More informationFRINGE BENEFIT ITEMS TO INCLUDE ON 2014 FORMS W-2
NOVEMBER 2014 www.bdo.com SUBJECT FRINGE BENEFIT ITEMS TO INCLUDE ON 2014 FORMS W-2 As 2014 draws to a close, we would like to remind you about the proper inclusion of fringe benefits in an employee s
More informationSection 125 Plans Flexible Spending Accounts Health Reimbursement Arrangements Health Savings Accounts
Section 125 Plans Flexible Spending Accounts Health Reimbursement Arrangements Health Savings Accounts We understand the important role that employee benefits, especially health insurance, play in our
More informationPayroll The Nuts & Bolts
Payroll The Nuts & Bolts A BASIC OVERVIEW OF THE PAYROLL PROCESS FOR SMALL BUSINESSES 2012 EDITION 2012 by Wyoming Entrepreneur Small Business Development Center 1000 E. University Ave., Dept. 3922 Laramie,
More informationThe Small Business Guide To Employment Taxes
The Small Business Guide To Employment Taxes Roanoke Regional Small Business Development Center 210 S. Jefferson Street Roanoke, VA 24011 www.roanokesmallbusiness.org Roanoke Small Business Development
More informationChapter 9 - Current Liabilities. Accounting For Current Liabilities
Chapter 9 - Current Liabilities Accounting For Current Liabilities C 1 Defining Liabilities Because of a past event... The company has a present obligation... For future sacrifices Past Present Future
More informationPEO Myths vs. Reality. By Clay Kelley
PEO Myths vs. Reality By Clay Kelley 1 Clay Kelley Background Clay Kelley has been in the HR Outsourcing and PEO business since 1985. He has participated in seven mergers and acquisitions and assisted
More informationSTATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER Bureau of State Payroll Services 110 State Street Albany, New York 12236
THOMAS P. DiNAPOLI STATE COMPTROLLER ROBIN R. RABII DIRECTOR STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER Bureau of State Payroll Services 110 State Street Albany, New York 12236 December 22, 2014
More informationGuide to Taxation of Employee Disability Benefits
Guide to Taxation of Employee Disability Benefits STANDARD INSURANCE COMPANY Guide to Taxation of Employee Disability Benefits Standard Insurance Company (The Standard) developed this guide to help you
More informationSetting up the Payroll Module 34 Setting Up Payroll Posting Options 34 Setting Up the Group Insurance Table 35 Setting Up Time Off Options 36 Setting
Table of Contents ACS Payroll Overview 6 ACS Payroll Procedures Outline 6 Daily/Weekly procedures 7 Month-end Procedures 7 Quarter-end Procedures 7 Year-end Procedures 7 Getting Started with ACS Payroll
More informationFrequently Asked Questions (FAQ s) Why is the change being made and why does the employee care?
Frequently Asked Questions (FAQ s) Why is the change being made and why does the employee care? The change will improve departmental efficiency and be more productive to the departmental core businesses.
More informationSampleTest3-910Ll.12. Name: Class: Date: ID: A. Multiple Choice Identifi the choice that best completes the statement or answers the question.
Class: Date: SampleTest3-910Ll.12 Multiple Choice Identifi the choice that best completes the statement or answers the question. 1. On June 8, Alton Co. issued an $80,000, 6%o, 120-day note payable on
More informationResource Guide for. Understanding FEDERAL TAX DEPOSITS
Resource Guide for Understanding FEDERAL TAX DEPOSITS s C B e h A T s D of F T THE ABCS OF FTDS It s a great feeling to have your own small business, isn t it? You re the boss! You have a lot of responsibility
More informationTax and Paperwork Checklist for Hiring a Farm Employee
Tax and Paperwork Checklist for Hiring a Farm Employee LAST UPDATED: June 7, 2014 FIRST PUBLISHED: January 31, 2013 By: Rachel Armstrong Executive Director and Attorney, Farm Commons rachel@farmcommons.org
More informationWAGE WITHHOLDING FOR DEFAULTED FORGIVABLE LOANS A HANDBOOK FOR EMPLOYERS
IOWA COLLEGE STUDENT AID COMMISSION 430 E GRAND AVE 3 RD FL Des Moines, IA 50309 Telephone: (877) 272-4456 FAX: (515) 725-3401 E-Mail: info@iowacollegeaid.gov WAGE WITHHOLDING FOR DEFAULTED FORGIVABLE
More informationHealth Benefits Guide FOR TIER 1 RETIRED MEMBERS
L ACE R S 2016 Health Benefits Guide FOR TIER 1 RETIRED MEMBERS LACERS 2016 Health Benefits Guide Supplement This Supplement to the LACERS 2016 Health Benefits Guide contains subsidy and monthly allowance
More informationYOUR GUIDE TO A HEALTH SAVINGS ACCOUNT (HSA)
YOUR GUIDE TO A HEALTH SAVINGS ACCOUNT (HSA) DOES A HIGHMARK HEALTH SAVINGS ACCOUNT (HSA) MAKE SENSE FOR YOU? An HSA is a tax-advantaged savings account that s available to people whose health care coverage
More informationSIMPLE IRA. Savings Incentive Match Plan for Employees
SIMPLE IRA Savings Incentive Match Plan for Employees Introducing the SIMPLE IRA Plan A comfortable retirement is an important financial goal for many American workers. Some financial professionals estimate
More informationSenator Liz Krueger's Guide to Employing Someone in Your Home: Nannies, Home Care, and Domestic Workers 2014 Updated Edition
1 Email: liz@lizkrueger.com www.lizkrueger.com Senator Liz Krueger s Senator Liz Krueger's Guide to Employing Someone in Your Home: Nannies, Home Care, and Domestic Workers 2014 Updated Edition 2 Table
More informationAs competition has become more global, many challenges to businesses
Chapter 9 LISEGAGNE/ISTOCKPHOTO.COM Payroll Accounting: Employer Taxes and Reports As competition has become more global, many challenges to businesses have developed. Learning how to function in many
More informationPayroll Liability Adjustment
County Accounting Manual Payroll Liability Adjustment Contents: Simple Adjustments Adjust Liability Balance Create Journal Entry Adjust Employee Deduction Adjust Employer Liability A payroll item may be
More informationSmall Business Health Care Tax Credit
Small Business Health Care Tax Credit The Patient Protection and Affordable Care Act (PPACA) established a small business health care tax credit (Tax Credit) as an incentive for small employers to provide
More informationFGMK Payroll Services, LLC. One Source Infinite Solutions Year End Guide
FGMK Payroll Services, LLC One Source Infinite Solutions Year End Guide Additional Resources IRS Forms and Publications 1-800-TAX-FORM (800) 829-3676 http://www.irs.gov/formspubs/index.html IRS Contact
More information2013 Year End Payroll Processing
2013 Year End Payroll Processing With the end of another calendar year upon us, we would like to take this opportunity to THANK YOU for your continued business. The fourth quarter of the year is a busy
More informationTaxes 101. Dennis P. Williamson, CPA 3986 Main Street Hilliard, OH 43026 www.denniswilliamsoncpa.com
Taxes 101 Dennis P. Williamson, CPA 3986 Main Street Hilliard, OH 43026 www.denniswilliamsoncpa.com What we will cover today: Introduction Employer Related Taxes Payroll Taxes FICA Medicare State Unemployment
More informationTHE PERKS OF USING PAYROLL AND HUMAN RESOURCES
THE PERKS OF USING PAYROLL AND HUMAN RESOURCES Stephanie Olbrych GP Implementation & Support Specialist email@calszone.com AGENDA Setup Employee Maintenance Classes Setup Pay Codes Quick Assignment Deduction
More informationFinancial Literacy Course Outline Maryland, USA
Financial Literacy Course Outline UNIT 1 INCOME AND PURCHASING The purpose of this unit is to develop the concepts of income and purchasing. Class discussions should include gross versus net pay, buying
More informationGleim CPA Review Updates to Regulation 2013 Edition, 1st Printing September 2013
Page 1 of 11 Gleim CPA Review Updates to Regulation 2013 Edition, 1st Printing September 2013 NOTE: Text that should be deleted is displayed with a line through the text. New text is shown with a blue
More information2015 Year End Newsletter
2015 Year End Newsletter Dear Client: Please read this year-end newsletter carefully and keep it available for reference. It contains important information to help you prepare and plan for the busy months
More informationState of Arizona 457 Deferred Compensation Program
State of Arizona 457 Deferred Compensation Program Administered by Nationwide Retirement Solutions 4747 N. 7th Street, Suite 418 Phoenix, AZ 85014 (602) 266-2733 Dear Participant: The Unforeseeable Emergency
More informationPayroll Accounting: Employee Earnings and Deductions
Heintz & Parry 20 th Edition Chapter 8 20 th Edition College Accounting Payroll Accounting: Employee Earnings and Deductions 1 Distinguish between employees and independent contractors. PAYROLL RECORD
More informationThe Legal Aid Society Community Development Project 230 East 106th Street New York, NY 10029 212.426.3000
The information in this document is provided for informational purposes only and does not constitute legal advice. Please consult a qualified attorney prior to acting upon the information contained in
More informationCounty Accounting Manual
County Accounting Manual Prepare Employee Paychecks For Payroll Plan Subscribers Contents: Important Issues Employee Center Direct Deposit Print Paychecks Schedule Payments Important Issues - before creating
More informationCompany DBA: Company Legal Name: Company Federal EIN: Company State Unemployment ID Number:
ChoicePay PAYROLL Service Agreement Company DBA: Company Legal Name: Company Federal EIN: Company State Unemployment ID Number: Company is A: Sole Proprietorship Limited Partnership General Partnership
More information2014 Year-End Guide. www.dominionpayroll.com
2014 Year-End Guide Dominion Payroll Services (DPS) would like to take this opportunity to thank you for your business and to wish you a happy holiday season and a prosperous New Year. Please review this
More informationThe payroll service designed with the accountant in mind.
The payroll service designed with the accountant in mind. Brought to you by the most trusted source in the accounting profession. mypay solutions Your Strategic Payroll Partner Most accounting firms agree
More informationNew Client Start-up Checklist
New Client Start-up Checklist Thank you for choosing LowCostPayroll.com as your payroll service provider. In order to set your company up on our payroll system we need some information. Please review the
More informationChapter 15 PAYROLL 15-1
Chapter 15 PAYROLL Payroll responsibility varies from municipality to municipality. In smaller municipalities the Clerk- Treasurer is responsible for payroll preparation and maintenance of records. In
More informationUnemployment Compensation (UC) and the Unemployment Trust Fund (UTF): Funding UC Benefits
Unemployment Compensation (UC) and the Unemployment Trust Fund (UTF): Funding UC Benefits Julie M. Whittaker Specialist in Income Security March 12, 2014 The House Ways and Means Committee is making available
More informationNEED HELP? CALL TOLL FREE AT 1-888-690-0985
Public Partnerships, LLC Financial Administration Services 6 Admiral s Way Chelsea, MA 02150 Phone 1-888-690-0985 TTY 1-800-360-5899 Administrative Fax 1-866-254-9729 Choices.prequal@pcgus.com Dear Employer:
More informationKB Healthcare Consultants A Division of Kerkering, Barberio & Co., CPAs
1 1 KB Healthcare Consultants A Division of Kerkering, Barberio & Co., CPAs Principal KATHLEEN A. HARGREAVES, CPA/CFP /CPC khargreaves@kbgrp.com (941) 365-4617 (800) 966-8676 Areas of Practice Individual
More informationDoing payroll with QuickBooks
LESSON 12 Doing payroll with QuickBooks 12 Lesson objectives, 318 Supporting materials, 318 Instructor preparation, 318 To start this lesson, 318 Overview of payroll tracking, 319 Calculating payroll with
More informationInvesco SIMPLE IRA Employee guide
Invesco SIMPLE IRA Employee guide Invesco SIMPLE IRA A Retirement Strategy for You Retirement. The word evokes dreams of relaxation and adventure. The sad fact is many people won t realize their dreams
More informationClient Start-up Checklist
Client Start-up Checklist Adding clients to Intuit Online Payroll for Accounting Professionals is easy! Just gather some basic client information listed in step 1, set up your client s payroll account
More informationYear-End Fringe Benefit Reporting and Other Reporting Requirements
and Other Reporting Requirements November 2013 TO: RE: All Business Clients Year-End Fringe Benefit Reporting and Other Reporting Requirements DATE: November 20, 2013 Certain fringe benefits paid for or
More informationChapter 25 - Payroll. 25.50 Payroll Deductions and Reductions
Chapter 25 - Payroll 25.50 Payroll Deductions and Reductions 25.50.10 Payroll Deduction Administration March 18, 2005 25.50.20 Mandatory (standard) deductions March 18, 2005 25.50.30 Voluntary deductions
More informationProfessional Employment Organization (PEO) Questionnaire
Professional Employment Organization (PEO) Questionnaire All information provided in this report and any documents ancillary thereto ("Report") are provided for information purposes only. Although the
More informationTHEME: PAYROLL. By John W. Day, MBA
THEME: PAYROLL By John W. Day, MBA ACCOUNTING TERM: Payroll Clearing Account A payroll clearing account is a general ledger account that is normally set up in the asset section of the balance sheet. The
More informationImplementing A Workers Compensation Program
Implementing A Workers Compensation Program For Your Local Association Provided by Educators Insurance Agency, Inc. Insurance@1EIA.com 888.908.6822 Contents 1. MTA Letter to Local Presidents and Treasurers
More informationHow To Write A Check For A Check In Roadrunner
CHAPTER Payroll Liabilities and Tax Records BEFORE YOU READ.... 5. 6. What You ll Learn Record payroll transactions in the general journal. Describe the employer s payroll taxes. Compute and complete payroll
More informationSample Quote Transcript
Page 1 Sample Quote Transcript Hello this is Ronnie O'Dell with Alternative Risk Marketing. In this training segment we are going to review a sample quotation from Southeast personnel leasing. Perhaps
More informationOptRight Online: 2013 Year End Customer Guide
November 2013 Wells Fargo Business Payroll Services OptRight Online: 2013 Year End Customer Guide 2013 Wells Fargo Bank N.A. All rights reserved. Member FDIC. Welcome to the 2013 year-end customer guide
More informationThis notice provides that Internal Revenue Service (IRS) Form 8922, Third-Party
Reporting Sick Pay Paid by Third Parties Notice 2015-6 PURPOSE This notice provides that Internal Revenue Service (IRS) Form 8922, Third-Party Sick Pay Recap, must be used by third parties and employers
More informationPayroll NATIONAL CROSS-REFERENCE
NATIONAL Payroll SUMMARY Federal and state wage and hour laws regulate the method of payment of wages, the payment of wages upon termination of employment, allowable deductions from employee paychecks,
More informationRE: - 2015 W-2 REPORTING REQUIREMENTS FOR FRINGE BENEFITS TO BE ADDED TO EMPLOYEES' W-2 AS COMPENSATION
December 2015 To Our Clients: RE: - 2015 W-2 REPORTING REQUIREMENTS FOR FRINGE BENEFITS TO BE ADDED TO EMPLOYEES' W-2 AS COMPENSATION - SPECIAL RULES FOR S-CORPORATION SHAREHOLDERS In this letter, we will
More informationAssumptions Worksheet
Cash Budget, Page 1 Exhibit IV Cash Budget Assumptions Worksheet Name of Business: Preparer: Date: Use these guidelines in preparing your assumptions: Minimum Cash Balance 1. The amount of cash required
More informationSTATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION. BALANCE SHEET As of
STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION BALANCE SHEET As of ASSETS CURRENT ASSETS Cash and Cash Equivalents Cash - Restricted Accounts Receivable - Trade Accounts Receivable
More informationPayroll Accounting. Determining the payroll involves computing three amounts: (1) gross earnings, (2) payroll deductions, and (3) net pay.
Appendix H Payroll Accounting Learning Objectives After studying this appendix, you should be able to: [1] Compute and record the payroll for a pay period. [2] Describe and record employer payroll taxes.
More informationSmall Business Tax Issues
Small Business Tax Issues Presenter: Julie Herman-Wiese Business Development Manager H&R Block and Fill in tax preparer Julie.Hermanwiese@hrblock.com 253.656.1379 Prior to H&R Block: Ran my own consulting
More informationStudy Guide - Final Exam Accounting I
Study Guide - Final Exam Accounting I True/False Indicate whether the sentence or statement is true or false. 1. Entries in a sales journal affect account balances in both the accounts receivable ledger
More informationAdvanced Payroll Consultants
Advanced Payroll Consultants Client New Client Start-up Kit Check List 1. Company {name, address, EIN, contact person, ph.#.} (a) General Ledger Accounts (Attach copy if applicable) (b) Copy of check (c)
More information401(k) Plan Payroll Items Set Up Instructions for QuickBooks
401(k) Plan Payroll Items Set Up Instructions for QuickBooks These screen shots were generated using QuickBooks 2008. If you have a different version, your choices may be slightly different. If you have
More informationTax Planning and Reporting for a Small Business
Table of Contents Welcome... 3 What Do You Know? Tax Planning and Reporting for a Small Business... 4 Pre-Test... 5 Tax Obligation Management... 6 Business Taxes... 6 Federal Income Tax Forms... 7 Discussion
More informationYOUR 2011 W-2 What You Need To Know! State Pickup Amount Payroll Online Service Center! www.marylandtaxes.com - click On-Line Services - click POSC
YOUR 2011 W-2 What You Need To Know! If you pay a deduction to the State Retirement System, remember to include the State Pickup Amount from the first line of box 14 labeled STPICKUP of your W-2 on your
More informationPAYCHEX. Mastering Payroll Compliance. 10 Missteps to Avoid
PAYCHEX Mastering Payroll Compliance 10 Missteps to Avoid Executive Summary. Businesses pay government agencies millions of dollars each year in labor and tax compliance penalties. And, in this economy
More information2014 Year-End Client Guide
BDB Payroll Services payrollsupport@bdbpayroll.com 1.800.729.7687 www.bdbpayroll.com Welcome to the 2014 Year-End Client Guide Since year-end is fast approaching, BDB has created a comprehensive guide
More informationPART A: TRUE/FALSE (1 point each):
CHABOT COLLEGE General Accounting (BUS-7) Dmitriy Kalyagin PART A: TRUE/FALSE (1 point each): EXAM #4 (Chapters 10, 12, 13) 1. Employees who are exempt from the FLSA are entitled for overtime pay for hours
More informationPPACA: New Measurement Periods
Safe Harbor/Lookback periods (choices) Designed to to help help Employers Employers plan plan for the for year the year Great option for for ERs ERs with with fluctuating EE hours EE hours Initial Measurement
More informationDESCRIPTION OF THE CHAIRMAN S MODIFICATION TO H.R. 1562, THE KATRINA HOUSING TAX RELIEF ACT OF 2007
DESCRIPTION OF THE CHAIRMAN S MODIFICATION TO H.R. 1562, THE KATRINA HOUSING TAX RELIEF ACT OF 2007 Scheduled for Markup by the HOUSE COMMITTEE ON WAYS AND MEANS on March 21, 2007 Prepared by the Staff
More information2014 Tax Changes. This document currently reflects only tax changes of which ADP was notified by tax agencies as of January 2, 2014.
2014 Tax Changes Beginning with your first payroll with checks dated in 2014, employees may notice changes in their paychecks due to updated 2014 federal and state tax requirements. This document will
More informationMONTANA TECH EMPLOYEE BENEFITS
MONTANA TECH EMPLOYEE BENEFITS The following is a summary explanation of the payroll deductions and fringe benefits provided to eligible employees of Montana Tech. A. REQUIRED DEDUCTIONS 1. F.I.C.A. (SOCIAL
More informationIt s Your Paycheck! Glossary of Terms
Annual percentage rate The percentage cost of credit on an annual basis and the total cost of credit to the consumer. APR combines the interest paid over the life of the loan and all fees that are paid
More informationSpecific to Construction Accounting Software BY MIKE ODE
Specific to Construction Accounting Software BY MIKE ODE Specific to Construction Accounting Software It's no secret that payroll costs represent the single largest operating expense for most contractors.
More informationMicrosoft Dynamics GP. U.S. Payroll
Microsoft Dynamics GP U.S. Payroll Copyright Copyright 2010 Microsoft. All rights reserved. Limitation of liability This document is provided as-is. Information and views expressed in this document, including
More informationImportant Information Morgan Stanley SIMPLE IRA Summary
SIMPLE IRA Summary September 2013 Important Information Morgan Stanley SIMPLE IRA Summary The following is intended to provide you with basic information on the roles and services that Morgan Stanley Smith
More information