by CRI Payroll Services | 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 CRI Payroll Services | Feb 24, 2021 | All Posts, COVID, HR Solutions, Return to Work
With the surge of the COVID Delta variant, the plans that many companies had put into place to bring workers back to the office and get back to “normal” have once again been delayed. Is your business one of them? Since it is certainly true that the only constant is...
by CRI Payroll Services | 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...
by CRI Payroll Services | 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 CRI Payroll Services | 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 CRI Payroll Services | 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....