Jan 15, 2018 | Industry News, Regulatory Updates
Corporate Payroll Services Clients Will See Changes Reflected in Payrolls Processed Beginning Monday, January 15, 2018 On January 11, the Internal Revenue Service released updated withholding tables for 2018 to reflect changes required by the Tax Cuts and Jobs Act...
Jan 5, 2018 | Industry News, Regulatory Updates
Minimum wage rates are increasing in many states this year. Unless otherwise noted, the minimum wage rates in bold are updated rates effective January 1, 2018. States with no change in minimum wage rates are not bolded. Alabama: No state minimum wage. Federal...
2018 Income Tax Withholding Tables Delayed
Dec 14, 2017 | Industry News
Social Security Maximum Taxable Earnings Updated…Again Due to potential tax changes currently being considered in Congress, the IRS has indicated that guidance for the 2018 tax year, which includes the payroll tax tables, will be issued later than normal. Since both...
4 Smart Reasons to Integrate Your 401(k) NOW
Nov 8, 2017 | Product News
Employees are 15 times more likely to save if they have access to a payroll-deducted savings plan at work.* Using CoPilot 401(k) from PAi can help your employees save for retirement, and because it’s integrated with Corporate Payroll, there is less work for you....
Reduce Turnover – It’s Worth It
Sep 6, 2017 | Product News
Losing your best employee is like a punch in the gut for a small business owner. But with fierce competition for the best people, how can you compete? Lost productivity and time spent landing a replacement are painful, but the overall cost of losing a good employee...
When is a $10,000 Check Bad News?
Jun 6, 2017 | Product News
Imagine peering into your mailbox and finding a check made out to you for $10,000. Are you: 1) Happy or 2) Not happy Most would say “happy.” It’s $10,000. How could you not be happy? For starters, some hope for a bigger check, perhaps from some sort of sweepstakes...
How 1% Can Cost You $73,000 in Retirement Savings
Feb 2, 2017 | Industry News, Product News
Employer-provided 401(k) plans are a very popular retirement savings vehicle. In fact, according to a 2015 study, 85% of employees who have access to a 401(k) plan participate in it. While 401(k) plans typically offer a variety of investment options, one key factor...
New Email Scam Targets Payroll, HR Professionals
Jan 30, 2017 | Industry News
If you received an email from “the boss” requesting a PDF of the 2016 W-2s and earnings summary of all staff for quick review, would you send it? The Internal Revenue Service issued a News Release on January 25 warning about an email scam that uses a...
Extra Pay Period in This Year?
Jan 23, 2017 | Industry News, Product News
If your company pays weekly or bi-weekly, will you have an extra check date this year? In other words, if your company pays weekly, will you pay your employees 52 times this year or 53? Likewise, if your company pays bi-weekly, will you pay your employees 26 times...
Summary of IRS National Security Week Tips
Dec 9, 2016 | Industry News
The week of December 5-9 was National Tax Security Awareness Week. The IRS, along with payroll processors, tax return preparers and software firms provided tips to alert taxpayers to security threats, including identity theft and tax refund fraud. The weeklong series...
No, it’s not the Great Pumpkin, Charlie Brown…
Oct 4, 2016 | Industry News
It’s the Social Security Administration! If you’ve received a “No-Match Letter” from the Social Security Administration (SSA), there’s no reason to say, “Good grief!” It does mean that an employee’s name and social security number (SSN) do not match in the...
Beware: Latest Fake IRS Letter Scam
Sep 27, 2016 | Industry News, Product News
The Internal Revenue Service released a new Tax Tip about fake tax bill notices related to the Affordable Care Act (ACA.) The scam involves fraudulent versions of notice CP2000 for tax year 2015 and may be received via email, as an attachment, or by mail. You’ll be...