by cripayroll830 | Feb 24, 2021 | All Posts
The IRS has updated, revised, and redesigned the employee withholding Form W-4 for 2020. The new form reflects changes made by the Tax Cuts and Jobs Act which took effect last year, It is designed to be simpler for employees and to allow for more accurate withholding...
by cripayroll830 | Feb 24, 2021 | All Posts, COVID, HR Solutions, Return to Work
With a COVID vaccine finally on the horizon, businesses need to be ready for their workers to safely return to the workplace. Although some businesses will undoubtedly continue to use remote work some or all the time, many others will be ready to get back to “normal”,...
by cripayroll830 | Feb 24, 2021 | All Posts, HR Solutions, IRS, Payroll
All businesses need a solid payroll solution, whether from a payroll service provider or by just using payroll software. Even the smallest businesses benefit by automating and eliminating the hassles and tedium that come with payroll. It’s a never-ending process! But...
![EMPLOYEE RETENTION CREDIT COVID-19: HOW TO GET IT [INFOGRAPHIC]](https://i2.wp.com/cripayroll.com/wp-content/uploads/2021/02/Screen-Shot-2021-02-25-at-12.10.59-AM.png?resize=815%2C460&ssl=1)
by cripayroll830 | Feb 24, 2021 | All Posts, COVID, HR Solutions, Payroll
The Employee Retention Credit (ERC) has some changes for 2021 and your business probably qualifies – even if you didn’t previously qualify for the ERC under the 2020 guidelines. The recently enacted Employee Retention Credit (ERC) provides additional support to...
by cripayroll830 | Feb 23, 2021 | All Posts
On October 11, the Social Security Administration (SSA) announced that the 2019 social security wage base will be $132,900, an increase of $4,500 from $128,400 in 2018 [SSA, Press Release, 10-11-18]. The FICA tax rate remains 7.65% for 2019 up to the social security...
by cripayroll830 | Feb 23, 2021 | All Posts
Eligible taxpayers may now deduct up to 20 percent of certain business income from domestic businesses operated as sole proprietorships or through partnerships, S corporations, trusts, and estates. The deduction may also be claimed on certain dividends....
