Payroll

Even though President Obama indicated only last Friday that the fiscal cliff deal likely to be produced by the January 1 deadline would be a basic package, lawmakers managed to come out with a surprisingly comprehensive set of tax provisions, some with long-lasting effects.

CBIZ, Inc. has acquired “certain” assets of Diversified Industries, Inc. for an undisclosed amount.

Payroll services giant ADP said Wednesday that it has been monitoring the fiscal cliff deal and has been in constant contact with the Internal Revenue Service regarding the changes in tax rates.

Small businesses with fewer than 20 employees created 15,000 jobs in December, according to Intuit, a 0.99 percent increase over November.

The Internal Revenue Service released new income tax withholding tables for 2013 late Monday to reflect the expiration of the 2001 and 2003 Bush tax cuts and the more recent payroll tax cuts of 2011 and 2012, but noted that the guidance would be modified if Congress acts.

Kansas-based accounting firm Mize Houser & Company has already begun adjusting its payroll withholding tables in anticipation of the expiration of the payroll tax cut at the end of the year.

Cloud-based payroll and HR service Paylocity Corp. has unveiled Web Pay 10.1, the company’s flagship product that now boasts increased performance along with several new features, including a redesigned report writer and a new manager self-service portal.

The Small Business Services division of payroll provider ADP has created a series of tips for small-businesses and their accountants to help smooth the year-end.

ZenPayroll Inc. has closed on a $6.1 million round of corporate and individual financing, enabling it to launch its new cloud-based payroll service.

Private sector employers added 118,000 jobs from October to November, according to the latest monthly employment report from payroll giant ADP, though the hiring gains were tempered by the impact of Hurricane Sandy.

Check out the digital edition of the December 2012 issue of Accounting Today.

Payroll and human resource services provider Paychex Inc. has purchased expense report automation product maker ExpenseWire from Rearden Commerce Inc. for an undisclosed sum.

More firms are seeing the advantages of having a payroll practice

Paychex Inc. has enhanced BuildMyBiz.com, an online resource for entrepreneurs and small business owners that includes a number of new features that provide updated resources to entrepreneurs and give them the ability to tap into a large pool of useful information.

Free online accounting software maker Wave Accounting has released the U.S. edition of Wave Payroll, its cloud-based payroll offering designed for small businesses.

Paychex Inc. launched the redesign of its Paychex Accountant Knowledge Center, a free online resource available through the Paychex website that was designed to provide information and time saving online tools to accounting professionals.

Payroll and 1099 tax software product maker PayrollMate.com has released a vendor and 1099 management module for Payroll Mate, its flagship payroll processing product.

ADP has added human resources features to its RUN Powered by ADP payroll platform that allow clients to store, manage and access employee information and frequently used forms and reports.

CCH Small Firm Services and Burlington, Vt.-based Evolution by iSystems have partnered to offer payroll services to tax and accounting professionals using the Evolution Payroll, HR and tax management system.

The average paycheck size at small businesses declined 0.2 percent in October, while month-over-month hiring also fell 0.1 percent, according to payroll provider SurePayroll.