Payroll

The economic meltdown has many companies evaluating methods for preparing payroll.

Private sector employment declined by 742,000 jobs last month, according to the latest monthly report by payroll giant ADP.

PayCyle said that it has implemented the payroll tax reduction included in the recently passed economic stimulus bill.

Intuit plans to extend its Intuit Online Payroll service to accountants, Mac users, banks and credit unions, starting this spring.

Sage North America has sold its tax compliance services business and enterprise-level customer base to Empower Corp.

Private sector employment decreased by nearly 700,000 in February, according to the latest report from payroll giant ADP.

Red Wing Software Inc., a developer of financial management and software for the agribusiness and municipal sectors, has released advanced payroll modules for its flagship CenterPoint Payroll.

The Internal Revenue Service has issued information to help employers claim credit for the COBRA medical premiums they pay for former employees under provisions of the recently passed stimulus bill.

The stimulus bill signed into law this week includes significant tax savings of up to $1,000 per year for workers who commute by mass transit.

Intuit has updated its payroll service with the latest tax changes, forms and credits to comply with the newly passed economic stimulus bill.

Private sector employers slashed 522,000 jobs last month, according to the latest report by payroll giant ADP.

A survey of small business owners showed signs that some are less worried about the economy than they were three months ago.

Accountant David Sarnowski, 50, has been arrested for stealing $1.6 million from a law firm client to support a gambling habit.

Intuit has partnered with insurance company The Hartford on a Web-based service that processes workers' compensation insurance premiums for small businesses.

Payroll processor SurePayroll is offering free payroll-processing services to accounting firms for up to one year.

Payroll-processing giant ADP reported that private sector employment fell by 693,000 in December.

Payroll and benefits outsourcing provider Paychex Inc., said the combination of a widening credit crunch and continued weakness in the economy forced a 5 percent drop in second-quarter profits, to $140.2 million, compared to the second quarter of last year.

Online payroll service PayCycle unveiled the latest version of its software, with improved set-up and export features.

Employment in the private sector fell by 250,000 in November, according to the latest monthly report by payroll processor ADP.

Perquest has introduced a bilingual feature that allows Spanish-speaking and English-speaking employees to view their payroll information online in their native language.