Payroll

A pair of employment reports indicated that small businesses cut back on their hiring last month.

Sage North America and Intuit are phasing out some of their online services for accountants and their small business and individual clients.

Private sector employment increased by 42,000 from June to July on a seasonally adjusted basis, mainly due to hiring at small and midsized businesses, according to the latest report from payroll giant ADP.

Businesses will be able to claim up to $8.5 billion in tax exemptions and credits for 4.5 million recently hired employees under the HIRE Act, according to a new Treasury Department report.

Jonathan Judge, president and chief executive at payroll and benefits outsourcing provider Paychex Inc., said he will leave the Rochester, N.Y.-based company effective July 31.

Total nonfarm payroll employment declined by 125,000 in June, according to the Bureau of Labor Statistics, largely due to a decrease of 225,000 temporary employees hired to work on the U.S. Census.

Small businesses lost 1,000 jobs this month, according to payroll giant ADP, but the private sector overall saw an increase of 13,000 jobs.

Small businesses with fewer than 20 employees added 18,000 jobs to their payrolls this month, according to payroll figures from Intuit.

Payroll and benefits outsourcing concern Paychex Inc. has launched Paychex HR Solutions, a blended services offering that merges the features of its Paychex Business Solutions and Paychex Premier Human Resources options.

A difficult economy and an expense charge of $18.7 million at payroll and benefits outsourcing provider Paychex Inc. forced an 11 percent plunge in its fiscal 2010 profits to $477 million for the year ended May 31.

Payroll services company CompuPay has partnered with online business incorporation provider BizFilings to provide discounted CompuPay payroll services to BizFilings’ customers and BizFilings special offers to CompuPay clients.

Total nonfarm payroll employment grew by 431,000 in May, largely reflecting the hiring of 411,000 temporary employees to work on the 2010 census, according to the U.S. Bureau of Labor Statistics.

Private sector employment increased by 55,000 last month, according to a report by payroll giant ADP.

Small businesses created 25,000 new jobs in May, based on the latest figures from Intuit’s Online Payroll customers, which also indicate 240,000 new jobs created since October 2009.

CompuPay has acquired another payroll service company, Priority Payroll.

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Paychex has introduced a new Web page and online calculator to help businesses determine their tax savings if they take advantage of the recently passed HIRE Act to hire new employees.

The Internal Revenue Service has released a new form to help employers claim the special payroll tax exemption for newly hired workers under the HIRE Act.

Universal Business Computing Co. is among the first to upgrade its payroll software to handle the provisions of the recently approved HIRE Act.

Small businesses have continued to hire more employees in March, extending a trend that began in mid-2009, according to a new payroll report by Intuit.