JURY DUTY! April 21 2009.

by Ted

I have been enlisted to perform my civic duty and attend jury duty on April 21, 2009. I will be unavailable for support all day Tuesday but will return emails/ phone calls on my return to the office. This should be a one-day event but in case of an extended trial, support calls will be […]

CA, NY, AZ issue new withholding tables.

by Ted

All three states require all payroll professionals to implement the new tax tables no later than May 1st. Failure to do so will result in under withholding for your employees. As of April 20th , these tax tables are available to all Paymaster customers through the Apply SQL Patch menu itm in the program. The […]

Arizona Withholding Update Apr 14, 2009

by Ted

Since Arizona withholding is based on the federal rates, the state would have seen declining revenue as a result of the ‘Making Work Pay’  federal tax tables. Therefore Arizona has released new tax tables for the rest of 2009 and 2010 to make up the difference. 10%, will increase to 11.5% from May 1, 2009 […]

Oregon : No more paper W2s

by Ted

Starting with 2009 Forms W-2 filed in 2010, Oregon employers with 250 or more employees must electronically file Forms W-2 with the Oregon DOR.  Effective with 2010 Forms W-2 filed in 2011, the threshold for employers not using a payroll service provider will decrease to 50 or more employees. Effective with 2011 Forms W-2 filed […]

Good backup advice from the IRS

by Ted

IRS Tips on Preparing for a Disaster Planning what to do in case of a disaster is an important part of being prepared. The Internal Revenue Service encourages taxpayers to safeguard their records. Some simple steps can help taxpayers and businesses protect financial and tax records in case of disasters. Listed below are tips for […]

$2.3M in back wages recovered from restaurants

by Ted

NEW YORK – State labor officials said Wednesday they recovered a record $2.3 million in back wages for more than 800 workers at nine restaurants.  The restaurants violated numerous labor laws including those dealing with minimum wage and overtime. The recovery is the largest collection for a single wage-violation case in the state Labor Department’s […]

2009 Stimulus Tax Tables available.

by Ted

On Feb 21 2009, the IRS has released new tax tables that implement the ‘Making Work Pay’ stimulus package. Available for tax years 2009 and 2010, the credit is 6.2 percent of a taxpayer’s earned income with a maximum credit of $800 for a married couple filing a joint return and $400 for other taxpayers, […]

Deadline set for tax cuts.

by Ted

CNNMoney – President tells U.S. Treasury to implement cuts for 95% of Americans; by April 1, workers will see less taxes withheld from paychecks. The tax cuts are part of a $787 billion economic recovery plan passed by the Democratic-controlled Congress over Republican opposition. The aim is to put more money in the pockets of […]

APA’s Open Letter to President Obama

by Ted

Recommendations for Successful Delivery of an Economic Stimulus Via Workers Paychecks PDF of APA’s Letter The American Payroll Association is recommending that to get this credit in the hands of American workers quickly and effectively, they recommend modifying the current income tax and withholding tables. The current proposal involves a refundable income tax credit equal […]

Web based help files updated.

by Ted

In anticipation of the 2009 tax tables being released, we have updated the corresponding help file to help you with this procedure. You can access this by going to the Help/Web Based Manual and navigating to the Utilities/Apply SQL Patches topic or visit the direct link to http://paymaster-pro.com/htmlhelp/topics/ApplySQLPatches.html