Payroll

The Treasury Department and the Internal Revenue Service have released on Friday a redesigned Form W-4 for tax year 2020, making a number of changes to earlier draft versions of the form after hearing complaints from tax professionals.

Private sector employment rose by 156,000 jobs in July, according to payroll giant ADP, even as some small businesses lost jobs.

Wage growth and hours worked climbed at small businesses in July, although the rate of job growth dipped slightly, according to Paychex.

Wages grew at an average rate of 4.0 percent over the past year, increasing the average wage level by $1.09 to $28.54 an hour in the second quarter of the year.

The legislation would gradually raise the minimum wage by 2025 from its current level of $7.25 but is unlikely to advance in the Senate.

Accountants can promote their practices and create customized marketing videos, brochures and blog content.

The Internal Revenue Service is allowing employers to truncate taxpayer identification numbers to protect employees from identity theft.

Employment growth slowed down last month, particularly among the smallest companies.

Small business job growth declined 1.09 percent year-over-year in June, but hourly earnings growth rose for the third consecutive month, according to payroll giant Paychex.

A special early draft of the IRS publication on federal income tax withholding gives employers an advance look at the changes in the new Form W-4.

Small businesses lost 52,000 jobs as the impact of the Tax Cuts and Jobs Act wore off.

The South is continuing to lead among the regions in terms of employment growth, while the West stayed on top for hourly earnings growth.

From human resources capabilities to portals and more, vendors are moving forward.

ADP has added two new products to its Wisely by ADP platform, which provides a prepaid card for payments.

Small-business job growth remained relatively consistent in April, but hourly earnings growth moderated slightly, according to payroll giant Paychex.

Revenue officers visited nearly 100 businesses suspected of having serious issues with employment tax compliance.

Private sector employment increased by a relatively sparse 129,000 jobs in March, amplifying concerns about hiring after a disappointing jobs report a month ago.

The rate of job growth at small businesses slowed in March, but wage growth continued at a healthy pace, according to payroll giant Paychex.