Payroll

IRIS Software Group acquired Apex HCM; and SD Mayer & Associates added Seifer, Murken, Despina, James & Teichman's tax practice.

Clients who are the sole owner of an LLC may wonder how electing S corporation status will affect how they get paid from their businesses.

Plus AAM debuts a digital marketing certification and other updates from the accounting technology world.

Payroll and HR services provider Gusto let go of 126 of its employees, the latest in a string of layoffs in the tech sector this year.

Engineered Tax Services has partnered with guHRoo, a professional employer organization.

The latest jobs report shattered expectations as the unemployment rate dipped one-tenth of a percentage point to 3.4%, the lowest rate since 1969.

Private sector payrolls grew by 106,000 jobs, even though many companies laid off workers, while annual pay increased 7.3% year-over-year, according to ADP.

Hourly wage growth at small businesses dampened this month, even though the pace of hiring remained strong.

Annual pay rose 7.3% year-over-year, ADP reported, although larger companies actually subtracted jobs.

Hourly earnings growth slowed last month to its weakest level since March of last year.

Modern businesses are looking for more holistic relationships with accountants who can offer increased support.

The accounting sector had the highest overall growth rate for bonuses this year in the professional services space, increasing 9.4%.

Plus, Alight releases a payroll solution; Softrax releases a new revenue management solution; and other news from the world of accounting technology.

The business and accounting software provider expects integrations and acquisitions to be key to its success in the United States.

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

Worrisome job losses occurred in a number of sectors, including professional and business services.

Hourly earnings and hiring slackened at small businesses, although workers put in more hours, boosting their weekly pay, Paychex reported.

The U.K.-based software solutions company announced the acquisition of Thomson Reuters' myPay Solutions.

The payroll solutions company appointed John Gibson as its new president and CEO.

Hourly earnings growth at small businesses declined to its lowest level since over a year ago, while hiring also slowed, according to a report from Paychex.