#6 – Document Retention Policies are not Just for Large Companies
We’re doing a retrospective of our top 7 blog posts of all time, as chosen by you, the unique visitors. In at #6 is “Document Retention Policies Are Not Just for Large Companies.”
We’re doing a retrospective of our top 7 blog posts of all time, as chosen by you, the unique visitors. In at #6 is “Document Retention Policies Are Not Just for Large Companies.”
Welcome to 2013. We survived the apocalypse, and now there’s year-end stuff to deal with.
Michigan’s witholding rate and exemption amount will change next week, but we’ve got you covered.
Because so much of our money can be tied up in things like payroll taxes, it might be tempting to dip into that reserve in times when cash is low…
“Mag media,” or, as the rest of us call it, filing your state and federal taxes electronically is one of the business marvels of the electronic age. But because of the whole “50 states, and they’ve each gotta do it differently” issue, it can get a little tricky.
Four times a year, chances are you’re legally required to report your payroll information to federal and state governments. Fortunately, COATS Staffing Software has a function for this: the Quarterly Cycle Report.
When you’re setting up COATS Staffing Software, taxes might be the farthest thing from your mind, but you’ll still need to take them into consideration.
When you’re plugging a new employee into COATS, there’s lots of data to enter. But there’s also tax information to be considered, and depending on the details, that could be a lot of information.
Every new version of COATS includes lots of tax updates, because let’s face it: states keep changing their tax laws, and there’s 50 of ‘em!
In which we welcome you to Tax Month, and provide a fantastic write-up of the Supreme Court health-care reform case from John of Essential StaffCARE.
The new law means less paperwork for the tax, fewer weeks of unemployment benefits and changes in drug testing policies, among other things.
The year isn’t even a week old, and already there’s a lot of new stuff to keep up with. So we’ve gathered some of the important news that will affect your business in 2012 in one handy location.
In “wacky fun with Congress” news, the 2-percent payroll tax cut for employees has been extended through the end of February. Employees will have their Social Security tax withholding rate reduced from 6.2 percent to 4.2 percent of wages paid through Feb. 29, 2012.
Earlier this week, many of you probably received news of changes in FUTA rates from the American Staffing Association, via Staffing Weekly. COATSsql is prepared for the lowered FUTA credit changes.
If you use COATS, you can print W2s directly from the software itself. The L4UP setting in COATS lets you print those lovely forms from your own printer for no cost other than paper and ink.
The continuing high rates of unemployment have strained most states’ unemployment insurance trust funds. ProPublica.org reports that 30 states have insolvent funds and are borrowing from the federal government; the American Staffing Association puts the number of states with insolvent funds closer to 35.
By Diane J. Geller, Partner, Gentry Locke Rakes & Moore, LLP
As we reach the beginning of a new year it is a perfect time to review document retention policies or, to the extent that you don’t have a formal document retention policy, the time to adopt one.