Payroll

The Internal Revenue Service and the Treasury have proposed regulations updating the income tax withholding rules to reflect the changes in the Tax Cuts and Jobs Act, the recently redesigned Form W-4 and the IRS’s new Tax Withholding Estimator.

Private sector employers added 291,000 jobs in January, according to payroll giant ADP, in a strong showing for the economy, despite fears of the coronavirus.

Weekly earnings at small businesses continued to increase in January, while job growth went up only slightly.

Acumatica began its annual user Cloud ERP Summit in Las Vegas this year with new product announcements, as well as the news of a new strategic alliance with firm network BDO.

In the midst of an unpredictable election year, you can serve as a rock solid source of knowledge for your clients by closely tracking the top regulatory issues that are likely to shape the legislative and regulatory landscape over the next 12 months.

The Internal Revenue Service unveiled an enhanced Tax Withholding Estimator on its website Tuesday, designed to help workers fill out the new W-4 withholding form and hopefully avoid the problems seen last year when many taxpayers found themselves owing more taxes or receiving less of a tax refund than they expected.

Most small businesses do run their own payroll, but they also wish they didn’t have to.

The job numbers were boosted by employment in professional and business services.

The tight labor market prompted wage increases to accelerate at the end of the year.

A recent survey shows that small businesses are not just open to their accountants handling payroll for them, but 38 percent expect it.