We have written many previous PayDay newsletters about PPP loans and the “payroll tax holiday,” all of which can be found at our website blog. Since a few weeks have…
Treasury released “guidance” Friday night to clarify President Trump’s August 8th executive order pertaining to the “deferral of employees FICA tax withholding” during the pay period September 1-December 31, 2020.…
President Trump signed an executive order on August 8th which orders employers to stop withholding the 6.2% FICA/social security tax from employees, effective for paydays from September 1-December 31, 2020.…
Employers may wish to encourage their employees to review their federal income tax withholdings for 2020, so they do not end up with a negative “tax surprise” when they file…
The Department of Labor announced a “final rule”, on September 24, 2019, which increases the amount of salary which an otherwise exempt employee must earn to remain exempt, effective January…
AccuPay has written 2 previous PayDay educational emails about the brand new and totally different W-4 form which is effective January of 2020. As you read this final PayDay on…
The Indiana Department of Workforce Development recently mailed out 2020 “Merit Rate Notices” to all applicable Indiana employers. You and AccuPay need to take the following action steps in response to…
The Targeted Cuts & Jobs Act (TCJA) was a significant change in federal income tax law which became effective January of 2018. Tax law changes included elimination of “exemptions/allowances” as…
The IRS just released a brand new Tax Withholding Estimator last week, and they are encouraging individual taxpayers to use this Estimator to perform a quick “paycheck checkup”. As many…
In Indiana, it’s important to review your employees’ county tax withholdings at the beginning of each year to ensure that accurate county taxes are withheld with each payroll. Below is…