Larry the Payroll Guy - AccuPay | Payroll and Tax Services

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IRS Stares Down ERC Mills – What to Do?

September 27, 2023

Larry the Payroll Guy

Employee Retention Credit, Payroll, Taxes

ERC, ERC Mill, ERC Moratorium, ERTC, IRS fraud

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On September 14th of this year the IRS announced a “moratorium” on processing any new Employee Retention Tax Credit (ERC) claims/refund requests until “sometime after the end of this year.”…

New Hire Forms – What You Need to Know

August 24, 2023

Larry the Payroll Guy

HR Management, Payroll, Taxes

hiring, new hire, onboarding, payroll tax, withholding

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When you hire a new employee, it is important to complete all required payroll forms. These forms include the New Hire Reporting Form, W-4, state withholding form (as applicable), and…

Employee Retention Credit – New IRS FAQs

August 8, 2023

Larry the Payroll Guy

COVID 19 and CARES ACT, Employee Retention Credit, Taxes

COVID, ERC, ERTC, Tax Credit

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In response to an increasing number of invalid ERC claims, the IRS has recently updated their FAQ’s about the Employee Retention Credit. Within these new FAQ’s, the IRS again warns…

It’s Time to Review Your ACA Status

July 13, 2023

Larry the Payroll Guy

Affordable Care Act (ACA), Payroll

ACA, affordablecareact, irspenalties, largeemployer

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The IRS has yet again increased penalties for “applicable large employers” (ALE’s) not complying with the Affordable Care Act (ACA). During meetings with employers as prospects for AccuPay’s payroll/HR services,…

Larry’s Top Ten Payroll/Tax/HR Tips

June 16, 2023

Larry the Payroll Guy

401K, Employee Benefits, Employee Retention Credit, Fringe Benefits, Payroll, Taxes

Benefit Plan, Clergy Tax, ERTC, Expense Reimbursement, Payroll, payroll tax, retirement plan, S Corp, Sec 125 Plan, WOTC

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As Larry the Payroll Guy, I have been working with employers on payroll, HR, taxes, benefits, etc for decades. This PayDay is my listing of ten subject areas every employer…

How Often to Pay Employees – Pros & Cons

May 18, 2023

Larry the Payroll Guy

HR Management, Payroll

pay period, Payroll, payroll frequency

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The selection of a “pay frequency” by an employer is important and should “fit” your company objectives and comply with state law. New employers must adopt a pay frequency along…

5 Tips for Effective Onboarding

April 20, 2023

Larry the Payroll Guy

AccuPay HCM, HR Management

hiring, human resources, onboarding, orientation

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Do you have an orientation program or an onboarding program? What is the difference? Orientation is often defined as lasting 1-2 days and consists of completing mind-numbing endless paperwork, touring the…

IRS Warning about Aggressive ERC Promoters

March 21, 2023

Larry the Payroll Guy

Employee Retention Credit, Payroll, Taxes

COVID, ERC, ERTC, Tax Credit

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The following IRS Newswire was issued on March 20, 2023 Issue Number: IR-2023-49 Inside This Issue IRS opens 2023 Dirty Dozen with warning about Employee Retention Credit claims; increased scrutiny follows…

ERC Tax Credits – Thoughts after Two Years

March 14, 2023

Larry the Payroll Guy

Employee Retention Credit, Payroll, Taxes

COVID, ERC, ERTC, Tax Credit

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AccuPay has been assisting our clients with various aspects of Employee Retention Tax Credits for over 2 years now. Our original role pertaining to ERC credits in early 2021 was…

HOW TO READ YOUR 2022 W-2

January 31, 2023

Larry the Payroll Guy

AccuPay Resources, Payroll, Taxes

tax, W-2, Year-End

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Years ago, W-2 forms were fairly straight-forward, reporting wages paid to your employees along with tax withholdings. The days of simple W-2’s are long gone! Wages reported in boxes 1, 3…