The Tax Cuts and Jobs Act, which President Trump signed into law in December of 2017, has several tax law provisions which impact various aspects of payroll and HR administration. Employers…
Accurate processing of payroll and all related payroll tax deductions and payroll tax reports is much more complex than many people believe. Based on AccuPay’s experiences dealing with 1,000s of…
AccuPay has been helping employers implement tax savings strategies, via payroll, since our founding in 1994. Our Tax Director is a CPP/CPA, and our Tax Manager is a CPP/SPHR, and…
SOCIAL SECURITY WAGE BASE Wages are taxed up to $128,400 for FICA in year 2018. The 2018 rates for FICA (6.2%) and Medicare (1.45%) remain unchanged from 2017. FUNDING 2018…
A handful of Indiana county tax rates are increasing as of October 1st. Please review the list of counties below whose rates are changing next month. Some employees, especially salaried…
Mid-year is an excellent time for both employees and employers to make sure they will reach their payroll, tax and financial objectives for calendar year 2017. The following items should be…
A special income tax credit exists for “food and beverage establishments”, which is commonly referred to as a “tip tax credit.” IRC Section 45B stipulates that FICA/Medicare taxes paid by restaurants/bars on…
Employers who hire foreign workers must identify which workers are “non-resident aliens,” since special payroll tax withholding tables apply to non-resident alien employees. WHO IS A NON-RESIDENT ALIEN? IRS publication…
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. A quick review of county…
As employers look for low-cost and innovative employee benefit plans to retain and recruit employees in our current competitive job marketplace, AccuPay and the Indiana College Choice 529 Program have…