ATM Fees and the Supreme Court

by banksadmin @ Banks.org

Mon Oct 31 19:25:51 PDT 2016

The ongoing battle between independent ATM operators and the major credit card companies continues as the Supreme Court has agreed to hear in their next term, an appeal made by MasterCard Inc., VISA Inc. and several other leading banks.  The … Continued

Capital One Online Bank Review

by banksadmin @ Banks.org

Mon Jul 11 01:12:58 PDT 2016

The online bank which began as ING Direct, then became Capital One 360, and is now simply Capital One, has gone through a trial by fire with this customer.  As a member of the military, then married to it for many years, … Continued

Snowbound businesses get more time to file tax extensions

by skbell1 @ Don't Mess With Taxes

Tue Mar 13 17:54:44 PDT 2018

Winter will just not let go this year. The Northeast has been pummeled by three northeasters in 11 days. The consecutive blizzards make everything difficult, including doing taxes. That's why the Internal Revenue Service is giving businesses affected by the storms some extra time. Business returns are due Thursday, March 15. If, however, those filers cannot get their tax year 2017 taxes done by then, the IRS says they can request an automatic extension by filing Form 7004, on or before Tuesday, March 20. Form 7004, available on IRS.gov, provides a six-month extension to complete the Forms 1065 and 1065-B...

Bank Holiday on Monday, February 19, 2018

by The Advantage Team @ Mass Advantage Payroll

Wed Feb 07 08:05:11 PST 2018

This is a reminder that banks are closed on Monday, February 19, 2018, to observe Presidents’ Day; Advantage offices are open. If you normally report payroll on this day, please be prepared to reschedule your appointment when you report your next payroll. If a February 19 check date is sent before 7:00 p.m. ET on […]

Overview of High Yield Online Savings Account Options for 2016

by banksadmin @ Banks.org

Mon Mar 07 12:40:53 PST 2016

Savings accounts: everyone should have at least one, but when your local bank is offering to pay you interest at dismal rates as low as 0.01%, saving can be downright discouraging. Thankfully, in the internet age we live in, savers … Continued

What Exactly is a Certificate of Deposit?

by banksadmin @ Banks.org

Fri Mar 18 10:00:25 PDT 2016

It’s never too early to begin building your nest egg. Safe and effective investments can help you slowly and steadily grow your savings. You may have heard the term “CD” commonly used in banking. If you’ve asked yourself, “What is … Continued

IRS Releases Updated Withholding Calculator And Form W-4 For 2018

by The Advantage Team @ Mass Advantage Payroll

Thu Mar 01 05:42:58 PST 2018

Kelly Phillips Erb , FORBES STAFF  Wondering whether your 2018 paycheck will result in the right amount of taxes withheld for 2018? You can check it out yourself: The Internal Revenue Service (IRS) has finally released an updated Withholding Calculator which reflects changes under the new tax law. You can find the new withholding calculator on the IRS website here. To […]

DST and tax-deductible donations can help save wildlife

by skbell1 @ Don't Mess With Taxes

Sun Mar 11 14:02:10 PDT 2018

Don't hate losing an hour to Daylight Saving Time. The clock change, along with charitable donations, could save koalas and other wildlife. (Photo by Arnaud Gaillard via Wikipedia CC) How are y'all feeling after losing that hour of sleep last night, or rather early this morning? Me, not so good. I'm apparently among that group of folks who experience headaches when our circadian rhythms are affected by going in and out of Daylight Saving Time (DST). But at least it's not a heart attack, which some studies have shown increase a bit during the first three weekdays following clocks' springing...

Payroll-Based Journal (PBJ) Reporting Available for Nursing Homes/Long-Term Care Facilities

by Joie Savicki @ Flexpay

Tue May 24 13:04:44 PDT 2016

Payroll-Based Journal (PBJ) reporting will require staffing information to be collected on a more consistent basis so it is auditable to ensure accuracy. The Centers for Medicare and Medicaid Services (CMS)...

The post Payroll-Based Journal (PBJ) Reporting Available for Nursing Homes/Long-Term Care Facilities appeared first on Flexpay.

Mygiftcardsite.com How to Check My Gift Card Site Balance

by banksadmin @ Banks.org

Wed Mar 21 12:10:36 PDT 2018

Prepaid Visa and MasterCard gift cards have so many benefits. They make a great gift because they are easy to send to someone through the mail without the same risk of loss you might face if you sent cash. They … Continued

Online Bank Review: Bluebird by American Express

by banksadmin @ Banks.org

Wed Oct 11 10:27:10 PDT 2017

One of the many challenges people face when opening a checking account is their credit. This is partly because in some instances, banks may refuse to open checking or savings accounts for those who have had financial difficulties. It is … Continued

Fake charities, inflated refund schemes stay on IRS' 2018 Dirty Dozen tax scams list

by skbell1 @ Don't Mess With Taxes

Mon Mar 12 11:11:48 PDT 2018

There are so many tax scams out there that it takes more than one post. Three, to be precise. This is Part 2 of the Internal Revenue Service's 2018 list of the Dirty Dozen Tax Scams. The four schemes in this post, numbers 5 through 8, are like those in the initial 2018 Dirty Dozen tax scams of 2018. They also are repeat (dis)honorees. That's because once crooks find something that works, they keep using it. And sadly, there are enough new victims out there every year to fall for it. Unless potential targets are warned. To do that and...

Compare Online Savings Accounts

by banksadmin @ Banks.org

Tue Feb 09 10:33:02 PST 2016

A savings account is essential to any successful budget and will help you afford larger purchases in the future. Choosing the perfect savings account is critical, and will depend on a number of factors that include your monthly budget and … Continued

Quarter End Reminder: 2nd Quarter 2014

by admin @ DirectPay Payroll Services

Mon Jun 16 11:50:04 PDT 2014

We are rapidly approaching the end of 2nd Quarter 2014. The last day of processing for this quarter will be Monday, June 30, 2014. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 31st. Adjustments may include manual […]

The post Quarter End Reminder: 2nd Quarter 2014 appeared first on DirectPay Payroll Services.

2012 Thanksgiving Payroll Schedule

by BPSAdmin @ Business Payroll Solutions

Thu Nov 15 06:07:50 PST 2012

Paycheck Date: Process Payroll By: Account Debited On: Employees Paid: Wednesday 11/21 Monday 11/19 Tuesday 11/20 Wednesday 11/21 Friday  11/23 Tuesday 11/20 Wednesday 11/21 Friday 11/23 Monday 11/26 Wednesday 11/21 Friday 11/23 Monday 11/26   Your payroll processor will have more details for you regarding the holiday and how it could affect your payroll.  

DST and tax-deductible donations can help save wildlife

by skbell1 @ Don't Mess With Taxes

Sun Mar 11 14:02:10 PDT 2018

Don't hate losing an hour to Daylight Saving Time. The clock change, along with charitable donations, could save koalas and other wildlife. (Photo by Arnaud Gaillard via Wikipedia CC) How are y'all feeling after losing that hour of sleep last night, or rather early this morning? Me, not so good. I'm apparently among that group of folks who experience headaches when our circadian rhythms are affected by going in and out of Daylight Saving Time (DST). But at least it's not a heart attack, which some studies have shown increase a bit during the first three weekdays following clocks' springing...

Online Pay Statements

by Joie Savicki @ Flexpay

Tue Jul 19 07:43:37 PDT 2016

How much time do you spend distributing your employee’s check stubs every check date? CBIZ Flex-Pay provides the capability for your employees to view their check detail and history through our Online...

The post Online Pay Statements appeared first on Flexpay.

Payroll Direct Deposit a Success at CPA

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Fri Jun 20 13:37:17 PDT 2014

The Canadian Payroll Association’s 32nd Annual Conference & Trade Show was held on June 17- 20 at the Sheraton Centre in Toronto. Telpay attended as an exhibitor in the trade show portion of the event. This conference attracted payroll professionals from across the country of all experience levels due to diversity of the seminars and […]

Snowbound businesses get more time to file tax extensions

by skbell1 @ Don't Mess With Taxes

Tue Mar 13 17:54:44 PDT 2018

Winter will just not let go this year. The Northeast has been pummeled by three northeasters in 11 days. The consecutive blizzards make everything difficult, including doing taxes. That's why the Internal Revenue Service is giving businesses affected by the storms some extra time. Business returns are due Thursday, March 15. If, however, those filers cannot get their tax year 2017 taxes done by then, the IRS says they can request an automatic extension by filing Form 7004, on or before Tuesday, March 20. Form 7004, available on IRS.gov, provides a six-month extension to complete the Forms 1065 and 1065-B...

17 ways to save on your 2017 taxes

by skbell1 @ Don't Mess With Taxes

Thu Mar 15 22:49:10 PDT 2018

A view of Connemara, along Ireland's west coast, by Fred Bigio via Flickr CC. St. Patrick's Day is almost here, but it's not the lush Kelly green landscapes of the Emerald Isle we taxpayers are thinking about right now. We want to know ways to save some greenbacks on our taxes. Inspired by the man brave enough, at least in myth, to face down snakes and the March 17th day we honor him, here are 17 ways to round up some tax savings from the almost as scary U.S. tax code. 1. Non-cash charitable gifts: If you gave household goods...

Advantage Welcomes Dogtopia to the Family

by The Advantage Team @ Mass Advantage Payroll

Tue Jan 16 13:34:10 PST 2018

Bruce visits with our new client and takes a moment to chat about the world of dogs with William Polk from Dogtopia in Stoughton. Check them out at Dogtopia.com

Building Relationships With Electronic Payments

by Jason Olson, CMA, VP Strategic Partnerships @ Payroll Direct Deposit – Telpay Blog

Mon Mar 17 00:36:43 PDT 2014

Everyone likes getting paid. When your business uses electronic systems to send money directly into bank accounts, it says a lot. I once had a client tell me; ‘When I send money electronically, it makes my business look more professional, as if we are bigger than we are.’ As some of you may know, Telpay’s […]

Spring cleaning could help cut your tax bill as long as you properly value your donated goods

by skbell1 @ Don't Mess With Taxes

Tue Mar 20 12:51:32 PDT 2018

I am so, so sorry my dear friends in the MidAtlantic and Northeastern United States. I know you're looking at possibly more snow with the fourth nor'easter in three weeks forecast to hit your areas in a few days. Here in Central Texas and other parts of the country, however, spring has officially arrived! My Texas neighbors and I are enjoying the seasonal wildflowers. Thank you, Lady Bird Johnson! (Photo by Kay Bell) It's also the traditional time for cleaning up and clearing out your house. Some of those old and/or unused items can be tossed. Others, however, are in...

How P2P Payment is Changing Personal Finance

by rapid! PayCard @ rapid! PayCard

Wed Sep 13 13:18:58 PDT 2017

Emerging Peer-to-peer payment technology is growing in popularity, and will soon make back-of-napkin IOUs obsolete. Peer-to-peer payment, also known as P2P payment, is online technology that allows users to transfer funds from a bank account or credit card via the internet or mobile phone. One study found that nearly a quarter of mobile users sent money to another person from an app in 2016 — this statistic nearly triples when it comes to the millennial generation. The growing trend of P2P payment is just another chapter in 21st century technological augmentation of traditional services. Whether it’s ridesharing, online shopping, or P2P payment, consumers are foregoing tradition, and choosing digital alternatives... Read More

Got a refund? Owe the IRS? Time for a Paycheck Checkup!

by skbell1 @ Don't Mess With Taxes

Tue Mar 27 13:00:32 PDT 2018

Internal Revenue Service filing data complete through March 16 shows that it has issued almost $183 million in tax refunds to around 62 million taxpayers. Many of those folks now getting refunds planned on the tax-back money. They used paycheck over-withholding as a forced savings account. These are the types of taxpayers the IRS is hoping to reach as part of Paycheck Checkup Week, which kicked off on Monday, March 26. Over the next few days, the IRS is making a special effort to get people to take another look at their payroll withholding. Such reexamination is especially important now...

Service Credit Union offers free access to FICO® Scores

by Lori Holmes @ Service Credit Union

Mon Feb 05 13:55:02 PST 2018

In its continuing efforts to enhance member experience and provide innovative banking tools, Service Credit Union is now providing its members free access to their FICO® Scores. This includes key factors affecting their scores and general information on credit scores. . The scores, which will be updated quarterly, are available through Service Credit Union’s secure […]

How to Prepare for an Interview When You’re Self-Employed

by Due.com @ Chime Banking

Tue Mar 27 13:03:23 PDT 2018

There are many myths about self-employment that people may start to mistake for fact. Working for yourself can be a great thing, but it doesn’t always mean you’ll be 100% in control of your career and the day-to-day operations. Often times, you’ll still have to work with others and may even have to please clients if you’re […]

The post How to Prepare for an Interview When You’re Self-Employed appeared first on Chime Banking.

Schedule a Check-up for Your Financial Life

by rapid! PayCard @ rapid! PayCard

Fri May 05 09:13:33 PDT 2017

Most of us are diligent about maintaining the various aspects of our life. We swap out the batteries on our smoke detectors with regularity; we schedule annual physicals, and get our car’s oil changed based on the manufacturer’s mileage recommendation. Still, many of us tend to take better care of our cars than we do our financial life. The irony being, an un-tended financial life can break down just as assuredly as an under-serviced automobile. It can run out of gas, but it can also seize up and need a roadside tow. In short, a well-examined financial life is worth exploring. 1. Schedule. Set a recurring point in time for... Read More

SCU to offer assistance for those affected by a government shutdown

by Lori Holmes @ Service Credit Union

Sat Jan 20 05:00:06 PST 2018

Service Credit Union is committed to helping its members who are affected during the government shutdown. For those with direct deposit, Service Credit Union will post credits to members based on the postings nearest to January 1, 2018. The credit of that amount will take place on or before February 1, 2018. This will apply […]

Regions Bank Holidays for 2018 and 2019

by banksadmin @ Banks.org

Tue Feb 27 00:34:02 PST 2018

Need to know if your local Regions Bank branch is open or closed on a certain holiday? All Regions Bank locations in the United States will be closed on the below dates in 2018 and in 2019. When a fixed-date … Continued

7 Habits That Will Help You Lead a More Successful and Productive Life

by Due.com @ Chime Banking

Tue Mar 13 15:54:24 PDT 2018

Regardless what path in life you’re on, your habits will dictate your success. They can empower you to achieve your goals just as easily as they can derail you. That said it’s just as important to focus on maintaining good habits as it is to rid yourself of the bad ones. In this article we’ll cover […]

The post 7 Habits That Will Help You Lead a More Successful and Productive Life appeared first on Chime Banking.

Banking Holiday: Thanksgiving 2017

by swpay @ Bank holiday alerts – Southwestern Payroll

Fri Nov 17 09:58:46 PST 2017

We'd like to remind you of the Thanksgiving holiday banking schedule. We at Southwestern Payroll Service would like to take a moment to remind our clients of the Thanksgiving holiday banking schedule.

CBIZ Flex-Pay HRIS Offering

by Elizabeth Honeycutt @ Flexpay

Mon May 22 07:51:04 PDT 2017

Did you know CBIZ Flex-Pay offers an Employee Management Solution (EMS)? Our HRIS technology is a complete human capital management system that automates your HR-related activities through a cloud-based portal....

The post CBIZ Flex-Pay HRIS Offering appeared first on Flexpay.

What is a Cash Out Refinance Plan?

by banksadmin @ Banks.org

Sat Sep 12 16:26:59 PDT 2015

A cash out refinance plan is a refinancing plan where you can refinance your home for an amount that is greater than the balance that you still owe on your existing mortgage. With your refinance loan you would pay off … Continued

Quickbooks Payroll

by BPSAdmin @ Business Payroll Solutions

Mon Sep 17 09:56:22 PDT 2012

  Let’s Pay Employees Quickbook has the ability to process payroll electronically. The most difficult part of the process is the setup; once the company is setup with the proper agencies and assigned account numbers to pay taxes and the employees are setup, payroll is a breeze. Business Payroll Solutions can assist in the setup [...]

IRS Apologizes for Programming Error for April 15th Causing Failure to Deposit Notices

by Joie Savicki @ Flexpay

Tue May 24 13:03:19 PDT 2016

Flex-Pay received the update below from our IRS contacts regarding a recent delay in the posting of payroll tax filings for some monthly depositors. With the April 15th holiday in Washington,...

The post IRS Apologizes for Programming Error for April 15th Causing Failure to Deposit Notices appeared first on Flexpay.

Bank Closing: President’s Day 2018

by aquaadmin @ Southwestern Payroll

Wed Feb 14 10:16:40 PST 2018

Banks are closed for President's Day on Monday, February 19th. There will be no banking activity. No direct deposits will settle or be initiated on this day. Southwestern Payroll will be open.

Free Webinar: Why You Need an Employee Handbook

by swpay @ Southwestern Payroll

Wed Jan 17 14:12:54 PST 2018

If your organization doesn’t have a handbook, or it hasn’t been reviewed in the last year, this free webinar is a great place to start. Register for this FREE WEBINAR today!

Fake charities, inflated refund schemes stay on IRS' 2018 Dirty Dozen tax scams list

by skbell1 @ Don't Mess With Taxes

Mon Mar 12 11:11:48 PDT 2018

There are so many tax scams out there that it takes more than one post. Three, to be precise. This is Part 2 of the Internal Revenue Service's 2018 list of the Dirty Dozen Tax Scams. The four schemes in this post, numbers 5 through 8, are like those in the initial 2018 Dirty Dozen tax scams of 2018. They also are repeat (dis)honorees. That's because once crooks find something that works, they keep using it. And sadly, there are enough new victims out there every year to fall for it. Unless potential targets are warned. To do that and...

Citibank Holidays for 2017 and 2018

by banksadmin @ Banks.org

Thu Nov 09 18:23:04 PST 2017

Traveling for the holidays? Be sure to get your Citibank transactions completed before these bank holidays. All Citibank branches are closed on the below dates. If a holiday is not listed below, such as Christmas Eve, New Year’s Eve, Halloween, … Continued

Spring cleaning could help cut your tax bill as long as you properly value your donated goods

by skbell1 @ Don't Mess With Taxes

Tue Mar 20 12:51:32 PDT 2018

I am so, so sorry my dear friends in the MidAtlantic and Northeastern United States. I know you're looking at possibly more snow with the fourth nor'easter in three weeks forecast to hit your areas in a few days. Here in Central Texas and other parts of the country, however, spring has officially arrived! My Texas neighbors and I are enjoying the seasonal wildflowers. Thank you, Lady Bird Johnson! (Photo by Kay Bell) It's also the traditional time for cleaning up and clearing out your house. Some of those old and/or unused items can be tossed. Others, however, are in...

2016 Holiday Closings

by swpay @ Bank holiday alerts – Southwestern Payroll

Tue Dec 20 15:34:20 PST 2016

Observance of Christmas – December 26, 2016 Banks are closed – Southwestern Payroll is closed ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need to be changed. Observance of New Year’s Day – January 2, 2017 Banks are closed – Southwestern Payroll is closed ACH, Wire Services, Direct Deposits, Deliveries, Check Dates … Continue reading 2016 Holiday Closings

Banking Alert: MLK Day

by swpay @ Bank holiday alerts – Southwestern Payroll

Thu Jan 15 13:13:07 PST 2015

Martin Luther King, Jr. Day Monday, January 19, 2015 – Banks are closed – There will be no banking activity. No direct deposits will settle or be initiated on this day. – Southwestern Payroll is open – *NOTE: ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need to be changed.* In general, … Continue reading Banking Alert: MLK Day

ASP Resources

by Telpay Incorporated @ Telpay Blog

Fri Aug 25 20:52:59 PDT 2017

At Telpay, we pride ourselves on the resources we provide our customers, and if you’re an ASP, we’ve got everything you could want in one convenient spot. If you haven’t surfed through Telpay’s extensive information archive, be sure to follow this link to check out our dedicated ASP Resources page. Here, you will find an […]

PNC Virtual Wallet Online Banking Review

by banksadmin @ Banks.org

Wed Jul 26 03:22:38 PDT 2017

PNC Bank features over 2,600 branch locations throughout the country. If you aren’t in one of the 19 states where PNC operates, you can still enjoy their fully online banking. The Virtual Wallet is a unique financial approach that makes saving … Continued

DOL Announces New Standard for Unpaid Interns

by The Advantage Team @ Mass Advantage Payroll

Tue Feb 20 08:04:08 PST 2018

OVERVIEW On Jan. 5, 2018, the U.S. Department of Labor (DOL) announced that it would adopt a new standard for determining whether interns and students are “employees” who must be paid under the Fair Labor Standards Act (FLSA). The DOL clarified that, going forward, it would abandon its six-part test and instead adopt the “primary […]

Christmas & New Year Closings

by swpay @ Bank holiday alerts – Southwestern Payroll

Thu Dec 17 08:29:02 PST 2015

Observance of Christmas – December 25, 2015 Banks are closed – Southwestern Payroll is closed ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need to be changed. Observance of New Year’s Day – January 1, 2015 Banks are closed – Southwestern Payroll is closed ACH, Wire Services, Direct Deposits, Deliveries, Check Dates … Continue reading Christmas & New Year Closings

Spring Forward 2018

by swpay @ Southwestern Payroll

Mon Mar 05 11:07:33 PST 2018

This Saturday night, set your clocks forward one hour before you go to bed. Daylight Savings Time begins at 2 a.m. on March 11, 2018. Be certain to inform your employees of the time change and that your IT department sets your computer's default time to change automatically on the scheduled date and time.

What Is an FEIN?

by Mike Kappel @ Payroll Tips, Training, and News

Mon Feb 26 05:10:00 PST 2018

When you run a business, you must meet many IRS requirements. You might need an FEIN to identify your business on documents like payroll tax forms. What does FEIN mean? What is an FEIN? FEIN is an acronym for Federal Employer Identification Number, also known as an EIN. This unique, nine-digit number is used by […]

The post What Is an FEIN? appeared first on Payroll Tips, Training, and News.

Quarter End Reminder: 3rd Quarter 2013

by admin @ DirectPay Payroll Services

Mon Sep 16 09:37:17 PDT 2013

We are rapidly approaching the end of 3rd Quarter 2013. The last day of processing for this quarter will be Monday, September 30, 2013. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 30th. Adjustments may include manual […]

The post Quarter End Reminder: 3rd Quarter 2013 appeared first on DirectPay Payroll Services.

IRS Delays New W4 Form

by swpay @ Southwestern Payroll

Thu Jan 18 09:43:12 PST 2018

No New W4 Form for 2018 Recent announcements from the IRS have indicated that instead of releasing a new W4 form in February, there will be no new W4 form this year. Although the tax reform bill suspends the personal exemption that most people claim through 2025, the IRS, within their scope of authority, have … Continue reading IRS Delays New W4 Form

IRS Announces 2018 Filing Season Opens January 29, Reminds Taxpayers About Delayed Refunds

by The Advantage Team @ Mass Advantage Payroll

Fri Jan 05 11:28:19 PST 2018

Kelly Phillips Erb – Forbes The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 29, 2018. The IRS will begin accepting paper and electronic tax returns that day, with more than 155 million individual tax returns expected to be filed in 2018. This is a week later than had been widely […]

Directpay Physical Office is Closed Today for SNOW!!!! 2-13-2014

by admin @ DirectPay Payroll Services

Thu Feb 13 06:34:08 PST 2014

  The safety of our team is our number one priority. Therefore, our physical office is closed today due to inclement weather. But not to worry, our dedicated team is set-up to help you remotely. If you need us today, please send an email to payroll@directpaypayroll.com      

The post Directpay Physical Office is Closed Today for SNOW!!!! 2-13-2014 appeared first on DirectPay Payroll Services.

SunTrust Bank Holidays for 2017 and 2018

by banksadmin @ Banks.org

Fri Dec 22 19:30:33 PST 2017

Wondering if your local SunTrust bank is open for a specific holiday? Check out the list of 2017 and 2018 dates below that all SunTrust branches are closed on. If a holiday is not listed below, such as Christmas Eve, New Year’s … Continued

Compliance Alert: December 31, 2017 and January 1, 2018 Local Minimum Wage and Paid Sick Leave Updates

by The Advantage Team @ Mass Advantage Payroll

Fri Dec 01 07:43:45 PST 2017

Effective December 31, 2017, covered employees in the following local jurisdictions will be subject to a new minimum wage rate. The new minimum wage rates are listed below and linked to the applicable ordinance for additional details regarding coverage.  The links can be accessed by hovering over the text and clicking.   New York Jurisdictions: […]

BBB Secure your ID Day 2018

by swpay @ Southwestern Payroll

Tue Mar 06 11:17:41 PST 2018

Every year, the Better Business Bureau® hosts an event in communities all across the United States where anyone can participate in free shredding to protect their identification. It’s called Secure Your ID Day, and Southwestern Payroll encourages everyone to take advantage of the free and reliable, on-site document shredding, electronic recycling and identity theft awareness … Continue reading BBB Secure your ID Day 2018

It’s time payment systems caught up with the demands of the gig economy

by rapid! PayCard @ rapid! PayCard

Tue Feb 13 16:10:28 PST 2018

Is your payment system ready for the gig economy or are you just a big wannabe? According to a Forbes article, 35 percent of the workforce have a gig, and collectively they earned $1 trillion from ad hoc work last year. But, freelance workers, who have come to expect payment as instantaneous as their work, are turning their noses up at outdated companies that can’t keep up. If you’re still mailing checks, might as well be using the Pony Express as far as tech-savvy gig workers are concerned. We are on the precipice of a major sea change, and the traditional employment model is quickly becoming as outdated as the... Read More

IRS Online Resource Helps Businesses & Individuals Understand the Affordable Care Act

by admin @ DirectPay Payroll Services

Tue Jan 27 05:12:02 PST 2015

        New online resource available from the IRS to help you understand the Affordable Care Act (ACA) and ACA tax implications. IRS Publication 5187

The post IRS Online Resource Helps Businesses & Individuals Understand the Affordable Care Act appeared first on DirectPay Payroll Services.

North Carolina Withholding Tax Notification

by admin @ DirectPay Payroll Services

Fri Nov 22 07:01:07 PST 2013

Important Notice New NC-4 Required for Payments Beginning January 1, 2014 As a result of the recent tax reform package, all employees and recipients of pension or annuity payments must complete a new withholding allowance certificate. The new form must be completed so the correct amount of State income tax is withheld for any payment […]

The post North Carolina Withholding Tax Notification appeared first on DirectPay Payroll Services.

Here’s How to Improve Your Credit Score Faster

by Paul Sisolak @ Chime Banking

Thu Mar 08 14:44:08 PST 2018

Good things may come to those who wait, but time isn’t on your side if you’re struggling to raise your credit score quickly. More than 30 percent of Americans have poor credit, and if you’re one of them it can be hard to improve it. Many people aim for a credit-building secured credit card, but it could […]

The post Here’s How to Improve Your Credit Score Faster appeared first on Chime Banking.

Mango Money Review: Earn up to a 6.00% APY on Savings

by banksadmin @ Banks.org

Wed May 10 02:02:51 PDT 2017

Many people are so discouraged with the abysmal interest rates offered for saving and checking accounts today, it seems impossible to think there could be a glimmer of hope on the horizon.  Gone are the days when a person might … Continued

2013 FUTA Credit Reduction Information

by admin @ DirectPay Payroll Services

Fri Nov 22 06:57:10 PST 2013

The IRS has released this year’s list of states that have defaulted on their 2013 Federal Unemployment Insurance (UI) Loans causing employers in these states to owe additional FUTA tax for the tax year 2013. The following are the FUTA tax rate increases for each affected state: 1.2 percent:  Indiana 0.9 percent:  Arkansas, California, Connecticut, […]

The post 2013 FUTA Credit Reduction Information appeared first on DirectPay Payroll Services.

Enjoy a Frosty Root Beer, a Teen Burger and Approving Payments on Your Smart Phone

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Fri Mar 14 15:06:26 PDT 2014

Since 1978, the D’eon Family have owned the A&W Restaurant on the Crowsnest Highway near Fort Macleod, Alberta. A&W Food Services of Canada is Canada’s second-largest fast food burger restaurant chain with over 800 locations. When Dave’s father ran the restaurant ‘everything was paper’ at least where the accounting was concerned. Back in those days, […]

Got a refund? Owe the IRS? Time for a Paycheck Checkup!

by skbell1 @ Don't Mess With Taxes

Tue Mar 27 13:00:32 PDT 2018

Internal Revenue Service filing data complete through March 16 shows that it has issued almost $183 million in tax refunds to around 62 million taxpayers. Many of those folks now getting refunds planned on the tax-back money. They used paycheck over-withholding as a forced savings account. These are the types of taxpayers the IRS is hoping to reach as part of Paycheck Checkup Week, which kicked off on Monday, March 26. Over the next few days, the IRS is making a special effort to get people to take another look at their payroll withholding. Such reexamination is especially important now...

How to Save $1,000 in Less Than a Year

by banksadmin @ Banks.org

Fri Jan 29 14:57:23 PST 2016

How would you like to save $1,000 by setting aside less than $50 a week? As a bonus, it doesn’t even take a year, just 44 weeks. You can start on any week, at any time. All you need is … Continued

Banks vs Credit Unions: Is One Better Than The Other?

by banksadmin @ Banks.org

Mon Feb 29 11:30:48 PST 2016

When we are young, we learn that everything has its place.  You buy food at the grocery store, books live at the library, and money goes into banks. As we get older and experience the complexity of the world, we … Continued

Simple.com Bank Review

by banksadmin @ Banks.org

Mon Aug 14 02:48:24 PDT 2017

Online banks are becoming more and more popular for a number of reasons. As we move closer to a cashless society in 2017, physical locations and taking out cash is becoming less and less important to consumers. Individuals can perform … Continued

5 Tips When Choosing an Online Savings Account

by banksadmin @ Banks.org

Tue Sep 12 12:41:49 PDT 2017

There are more and more online savings accounts popping up. These accounts are generally limited solely to the internet, which means that there are no brick and mortar locations for you to visit. They can provide a variety of benefits, … Continued

Apple Pay Cash is Now Live — How Does it Work?

by rapid! PayCard @ rapid! PayCard

Tue Feb 13 15:11:25 PST 2018

Learn everything you need to know about the new Apple P2P payment system That one friend, the one who still hasn’t repaid you for pizza because he “doesn’t have the right app,” is in trouble. Today, iPhone users can access what experts in the tech industry are calling “the Venmo Killer”: Apple Pay Cash. Apple Pay cash is a P2P payment service which allows users to send and receive payment through iMessage The days of P2P fragmentation are over. Thanks to Apple Pay Cash, all money transfers can take place through a central, default iOS application, and ultimately unify all P2P transactions under one secure, and intuitive, system. How to... Read More

How Telpay’s Debit Funding Option Works

by Telpay Incorporated @ Telpay Blog

Wed Oct 18 12:59:32 PDT 2017

You have decided to make a payment(s) using Telpay’s services; the next important decision is how you will fund the payment(s). You can either fund your payments by debit (Pre-Authorized Debit), where Telpay automatically pulls the funds from your bank account or through online banking (bill payment or direct transfer), where you push funds to […]

Telpay Sponsors Black Swans

by Lisa Shaw, Communications & PR @ Payroll Direct Deposit – Telpay Blog

Mon Feb 10 10:42:19 PST 2014

Telpay is proud to sponsor Melissa Michalski B.Comm (Hons), CPB and Bea Dabrowski, BA, CPB of the CertPro Accounting Team Inc, who were accepted into the Institute of Professional Bookkeepers of Canada (IPBC) prestigious Black Swan 2 Project. Jason Olson, Vice President of Strategic Partnerships stated: “The Black Swan program is tough to get into.  […]

How to Save Money on Your Utility Bills

by Melanie Lockert @ Chime Banking

Mon Mar 26 11:21:00 PDT 2018

Do you cringe each month when you get your utility bills? When you see a super high bill, do you wonder what happened? We’ve all been there, and high bills for gas, electricity and cable can certainly put a dent in your bank account. But all is not lost. If you want to keep your […]

The post How to Save Money on Your Utility Bills appeared first on Chime Banking.

What You Need to Know About a Qualifying Life Event

by Rachel Gray @ Payroll Tips, Training, and News

Mon Mar 12 05:10:40 PDT 2018

Employees have a window of time each year to sign up for certain types of employer-sponsored insurance. Although this open enrollment period takes place at the end of each year for all employees, an employee can add or remove coverage at any time of the year if they have a qualifying life event. What is […]

The post What You Need to Know About a Qualifying Life Event appeared first on Payroll Tips, Training, and News.

Howard Stern is off the hook in phone tax privacy lawsuit

by skbell1 @ Don't Mess With Taxes

Fri Mar 23 04:13:00 PDT 2018

Shock jock Howard Stern's candid conversations with guests are one of his show's more popular features. Folks who talk to Stern, including the current Oval Office resident, willingly reveal TMI. One on-air exchange, however, resulted in inadvertent revelation of some of a Massachusetts woman's personal tax information and a subsequent lawsuit against Stern and Uncle Sam. As I noted back in May 2015, she was discussing her overdue tax bill with an Internal Revenue Service agent who had, on another line, called into Stern's satellite radio show. When Stern went live with the tax collector's on-hold call, the IRS agent's...

Deadline for withdrawals from certain tax-deferred retirement plans is April 1. No fooling

by skbell1 @ Don't Mess With Taxes

Mon Mar 26 10:46:27 PDT 2018

If you celebrated your 70½ birthday last year, you could be facing a retirement plan withdrawal deadline in a few days. (Photo by Kay Bell) Tax-favored retirement plans are a big part of millions of Americans' nest eggs. Many individuals still contribute untaxed dollars to traditional IRAs. They opt for this original IRA option because their contributions also allow them to take an immediate deduction on their tax returns. Others put money into workplace defined contribution plans. These automatic contributions are made before taxes are taken out of their paychecks. This lowers the amount of money subject to payroll withholding....

Should You Offer a Nonqualified Deferred Compensation Plan?

by Mike Kappel @ Payroll Tips, Training, and News

Mon Mar 26 05:10:00 PDT 2018

You know employees like employer-sponsored benefits. As an employer, offering benefits is advantageous for your business, too. A nonqualified deferred compensation plan is one type of benefit that both you and your employees can enjoy. Find out what a nonqualified deferred compensation plan is, why you might consider offering it, and how to set it […]

The post Should You Offer a Nonqualified Deferred Compensation Plan? appeared first on Payroll Tips, Training, and News.

LWC Rolls Out New Initiatives to Tackle Long-Term Delinquent Unemployment Taxes

by The Advantage Team @ Mass Advantage Payroll

Fri Dec 22 06:13:02 PST 2017

BATON ROUGE – The Louisiana Workforce Commission (LWC) is ramping up efforts to get employers with long-term, unpaid unemployment tax bills to settle their debts, including taking any federal income tax refunds due to the employer. Letters will go out by the end of October to an estimated 8,000 employers with delinquent Louisiana unemployment taxes […]

TD Bank Holidays for 2018 and 2019

by banksadmin @ Banks.org

Thu Mar 22 01:36:53 PDT 2018

Need to know if your local TD Bank branch is open or closed on a certain holiday? All TD Bank locations in the United States will be closed on the below dates in 2018 and in 2019. When a fixed-date … Continued

Will the Courts Accept a Jury Duty Excuse Letter If You’re in a Pinch?

by Rachel Gray @ Payroll Tips, Training, and News

Mon Mar 19 05:10:23 PDT 2018

Sometimes, you or your employees’ personal responsibilities conflict with your business. For many small businesses, if you miss work or lose an employee for an extended period of time, there can be harmful effects on productivity in the workplace. But if you or an employee are called in for jury duty, you might not have […]

The post Will the Courts Accept a Jury Duty Excuse Letter If You’re in a Pinch? appeared first on Payroll Tips, Training, and News.

Telpay Hosts a Payments Panel at IPBC Ignite 2017

by Telpay Incorporated @ Telpay Blog

Mon Aug 21 14:12:14 PDT 2017

We’re excited to announce that at the upcoming Institute of Professional Bookkeepers of Canada (IPBC) National Conference – Ignite 2017 – in Richmond Hill, ON, Telpay will be hosting an exciting roundtable featuring thought leaders in the payment and business industry! IPBC is a member based association to help bookkeepers become more successful and gain […]

2013 MINIMUM WAGE INCREASE

by BPSAdmin @ Business Payroll Solutions

Tue Dec 04 06:44:41 PST 2012

Starting January 1, 2013 minimum wage in Florida will be increased by 12 cents. The current rate for minimum wage is $7.67 an hour. It will be increased to $7.79 per hour. For employees who are paid tips, their hourly wage will increase from $4.65 to $4.77 per hour. Make sure your payroll processor is [...]

A Look at Federal, State, and Local Minimum Wages

by Mike Kappel @ Payroll Tips, Training, and News

Wed Mar 21 05:30:00 PDT 2018

You can’t just pay your employees any amount you want. You must follow federal, state, and local laws that set minimum wages. What is minimum wage? Minimum wage is the lowest amount you can pay an employee per hour of work. You can pay more than the minimum wage, but you should never pay less […]

The post A Look at Federal, State, and Local Minimum Wages appeared first on Payroll Tips, Training, and News.

How to Trade Bitcoin Futures in 2018

by banksadmin @ Banks.org

Tue Dec 19 11:44:14 PST 2017

Probably the biggest news lately in the world of investments is the announcement that financial exchanges have decided to offer bitcoin futures.  Since the beginning of 2017, bitcoin prices have soared 1,500%, which has garnered significant interest from those who … Continued

Stay Safe in a Turbulent Market with Certificates of Deposit

by banksadmin @ Banks.org

Sun Feb 19 23:04:47 PST 2017

It is very scary out there for the average stock investor. Roughly half of all adults in the United States own stocks. Most of those people own them through retirement plans they have set up at work. Most also do … Continued

What the New Healthcare Law Means for Your Small Business

by admin @ DirectPay Payroll Services

Tue Jun 24 06:03:42 PDT 2014

Every Thursday, The United States Small Business Administration and Small Business Majority host a free webinar educating small businesses on the impact of the Affordable Care Act (ACA). The webinar topics being discussed are: Small business tax credits Marketplace updates Shared responsibility Cost containment Tools and resources available for small businesses and entrepreneurs interested in […]

The post What the New Healthcare Law Means for Your Small Business appeared first on DirectPay Payroll Services.

USAA Online Bank Review

by banksadmin @ Banks.org

Fri Feb 26 11:04:10 PST 2016

Online banking can some times be tricky to navigate but banks like USAA, make it easy. It is a one stop bank for all needs such as banking, insurance, and loans.   The Upsides: USAA offers more than just a debt … Continued

Getting Started with Payroll Direct Deposit

by Telpay Incorporated @ Telpay Blog

Tue Sep 19 05:47:25 PDT 2017

After making your first step into the world of electronic payments with Telpay, you are ready to get started with payroll direct deposit. Stepping into a new world of making your payroll payments by direct deposit instead of your routine cheques is simple. All it takes is four steps, and you are on your way […]

The Problem with Overdraft Fees

by Paul Sisolak @ Chime Banking

Tue Mar 20 02:52:00 PDT 2018

“Overdraft” is not a word we like to hear. Why? It generally means you’ll be dinged with a fee you don’t want to pay. To clarify, an overdraft fee occurs when you don’t have enough money in your bank account to pay for a purchase. When this happens, your bank will pay for the transaction […]

The post The Problem with Overdraft Fees appeared first on Chime Banking.

Why every business should consider switching to electronic payroll

by rapid! PayCard @ rapid! PayCard

Thu Oct 05 05:37:57 PDT 2017

Due to advancements in technology, utilizing payroll checks is becoming an outdated form of payment. Automated payment through direct deposit saves time and money, enhances security1, 2 and can make payday easy for employers and employees. Yet, resistance to modern banking solutions like direct deposit and paycards prevent many businesses from progressing in the 21st century. Paycard technology is growing in popularity, and as the benefits of switching to electronic payroll compound,  it becomes more difficult for businesses to avoid trying out alternative payment methods such as the rapid! PayCard. Still not convinced? Here are 3 reasons why paycheck holdouts are making the switch to a more convenient, modern, and... Read More

Your Guide to Direct Deposit During the Holidays

by rapid! PayCard @ rapid! PayCard

Thu Nov 16 05:07:27 PST 2017

The holiday season is around the corner, which for some means eggnog and lights on display, but for others it means payroll delays. Automated payment through direct deposit is proven to be more efficient, secure and cost-effective than paper checks. Still, there are a few considerations to keep in mind when switching over to electronic payment — especially around the holidays. The holiday season is a double-edged sword: it’s likely the most expensive time of the year, but is also full of banking holidays which can affect the timeliness of direct deposit. Here’s why. What is the ACH and why does it matter? The Automated Clearing House is an electronic... Read More

FDIC Insurance: Protection Against Bank Failure

by banksadmin @ Banks.org

Thu Mar 10 12:29:01 PST 2016

With financial market uncertainty, it is comforting to know that there is a base level of protection for bank accounts held at financial institutions that are insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance, which offers coverage for bank … Continued

Thanksgiving Day Closings

by swpay @ Bank holiday alerts – Southwestern Payroll

Wed Nov 18 06:39:17 PST 2015

HAPPY THANKSGIVING! This and every year at Southwestern, we are thankful for our clients. We’d like to remind you of the Thanksgiving holiday banking schedule. Thanksgiving Day, Thursday, November 26th BANKS & SOUTHWESTERN PAYROLL CLOSED There will be no banking activity. Therefore, ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need to … Continue reading Thanksgiving Day Closings

Volunteer vacations provide help, possible tax deduction

by skbell1 @ Don't Mess With Taxes

Sun Mar 25 12:15:44 PDT 2018

iLEAD students hold up their Backpacks Full of Hope that they took to Puerto Rico on their spring break to help with recovery efforts on the island. (Photo courtesy iLEAD) Hundreds of students, and in some cases their families, recently took advantage of spring break to head to sunnier climes. However, a couple of the usual beach destinations, Puerto Rico and the U.S. Virgin Islands, are still struggling with the aftermath of Hurricane Maria. The good news is that some of the mainland spring breakers did or still are using their time off to participate in storm recovery efforts in...

New Bank Account Offers

by banksadmin @ Banks.org

Thu Oct 05 02:31:23 PDT 2017

You may have received the offers in the mail or heard about it online: banks are handling out cash bonuses to new customers that open a savings or checking account. These offers can range from $25 on up to $300. … Continued

Service Credit Union named top CU Direct auto lender

by Lori Holmes @ Service Credit Union

Fri Feb 23 08:19:49 PST 2018

Service Credit Union (SCU) was named the top auto lender in the New England/New York region and 10th nationally for 2017 by CU Direct. CU Direct works with auto dealers and credit unions throughout the U.S. to streamline the auto buying process. Last year, the credit union funded more than 21,000 auto loans at approximately […]

Online Money Market Accounts

by banksadmin @ Banks.org

Mon Mar 28 09:25:52 PDT 2016

As the financial industry moves into the internet age, more and more options are becoming available for consumers. In the old days, banking required you to go to branch and speak with a teller or a manager to get anything … Continued

Service Credit Union Names VP of Marketing

by Lori Holmes @ Service Credit Union

Tue Jan 30 09:28:20 PST 2018

Service Credit Union is pleased to announce today the appointment of Wendy Bryant-Beswick to Vice President of Marketing. A seasoned executive with more than 20 years of marketing management experience, Beswick will oversee the planning and execution of Service Credit Union’s marketing initiatives including positioning, brand oversight, acquisition, communications, public relations, and business development. She […]

Ways to prevent identity theft so you can enjoy the holiday season

by Dave Dwyer @ Service Credit Union

Fri Nov 10 09:21:46 PST 2017

As the holiday season gears up with a mad rush of excitement, fraudsters are also gearing up with excitement to steal your identity. Take the necessary precautions to protect yourself whether you are shopping online or at a brick and mortar store. Enjoy the holidays as they are meant to be, with peace, joy, and […]

A Pi Day tasty tax tip on rounding tax form entries

by skbell1 @ Don't Mess With Taxes

Wed Mar 14 09:08:00 PDT 2018

Doing taxes is all about the numbers. The forms require our Social Security number and that of our spouse and dependent children. Similar identification digits also are key on tax forms from, for example, our employers and other entities that contribute to our taxable income. And, of course, we have to put in all those figures about our earnings and subtract the numbers in the form of expenses and deductions and credits to get to the most important amount of all, our final tax bill. Today's the 30th anniversary of the math-inspired unofficial holiday Pi Day is a good time...

5 Facts About Women and Money for International Women’s Day

by Chelsea Brennan @ Chime Banking

Thu Mar 08 14:46:51 PST 2018

Did you know that only 22% of U.S. women can answer three fundamental finance-related questions correctly? It’s sad but true. While women have made significant strides to close the gender gaps in education, employment, and even wealth, the gap in financial literacy is still glaring. But, in order to even begin bridging this gap, it’s important to understand that […]

The post 5 Facts About Women and Money for International Women’s Day appeared first on Chime Banking.

The Right Payment Fit For You!

by Cheryl Mains, Marketing Coordinator @ Telpay Blog

Wed Jan 31 16:52:59 PST 2018

Telpay’s all-in-one payment system, Telpay for Business has more features than you may know. Which features are you using and which ones are you not? More importantly, which features are the right fit for you and your business? For example, Telpay for Business not only processes payroll direct deposit but it also allows you to make […]

Chase Bank Holidays for 2017 & 2018

by banksadmin @ Banks.org

Thu Apr 13 11:46:23 PDT 2017

This article has been updated for 2018. Need to know if your local Chase branch is open on a specific holiday? All branches are closed on the below dates in 2018 and 2017. If a holiday is not listed below, … Continued

Banking Alert: MLK Day

by aquaadmin @ Bank holiday alerts – Southwestern Payroll

Wed Jan 11 10:07:36 PST 2017

Martin Luther King, Jr. Day Monday, January 16, 2017 – Banks are closed – There will be no banking activity. No direct deposits will settle or be initiated on this day.* – Southwestern Payroll is open – *No electronic banking (ACH, Direct Deposits, Wire Transfers etc.) can be initiated or settled on a banking holiday. … Continue reading Banking Alert: MLK Day

2017 FUTA Credit Reduction – How much will you owe?

by The Advantage Team @ Mass Advantage Payroll

Wed Dec 06 07:05:45 PST 2017

The U.S. Department of Labor released the listing of FUTA Credit Reduction States for 2017. The standard FUTA rate is 6.0 percent on the first $7,000.00 of wages. Employers in most states will receive a credit of 5.4 percent against the rate, resulting in net tax rate of 0.6 percent; however, California and the Virgin […]

Critical Tax Alert: W4s & Exempt Claims

by swpay @ Southwestern Payroll

Thu Feb 08 07:47:19 PST 2018

Critical information: W4s & Employees Claiming “Exempt” Each year you may have employees who claim “Exempt” on their W4s. I would like to point out a couple of key pieces of information regarding this election on the W4 that can be confusing to employers based on the IRS terminology. What It Does Not Mean First … Continue reading Critical Tax Alert: W4s & Exempt Claims

A look at some tax provisions in the FY18 spending bill

by skbell1 @ Don't Mess With Taxes

Sat Mar 24 13:26:11 PDT 2018

Before departing D.C. last week for their version of spring break, Representatives and Senators, some grudgingly, approved a $1.3 trillion omnibus spending bill to keep the federal government operating through September. Donald J. Trump signed the bill, which is massive by both dollar and legislative length (the bill ran 2,232 pages long) measurements, but not before injecting some reality show drama into the mix by threatening a veto. Both the $1.3 trillion outlay and 2,232 pages are huge, but since I have to pick one as this week's By the Numbers figure, I'm going with the dollar amount. Now, about...

Bank of America Holidays for 2018 and 2017

by banksadmin @ Banks.org

Sun Jun 18 00:18:58 PDT 2017

* Updated for 2018 * Need to know if your local Bank of America branch is open on a specific holiday? All BofA branches are closed on the below dates in 2017 and 2018. If a holiday such as Christmas Eve, … Continued

Service Credit Union donates to the N.H. Food Bank

by Lori Holmes @ Service Credit Union

Fri Dec 22 08:49:58 PST 2017

Service Credit Union donated $10,000 and 1,326 pounds of food to the New Hampshire Food Bank, a program of Catholic Charites NH, in order to help the citizens of New Hampshire. Service Credit Union President/CEO David Van Rossum recently presented the check to New Hampshire Food Bank Executive Director Eileen Groll Liponis to help keep […]

Howard Stern is off the hook in phone tax privacy lawsuit

by skbell1 @ Don't Mess With Taxes

Fri Mar 23 04:13:00 PDT 2018

Shock jock Howard Stern's candid conversations with guests are one of his show's more popular features. Folks who talk to Stern, including the current Oval Office resident, willingly reveal TMI. One on-air exchange, however, resulted in inadvertent revelation of some of a Massachusetts woman's personal tax information and a subsequent lawsuit against Stern and Uncle Sam. As I noted back in May 2015, she was discussing her overdue tax bill with an Internal Revenue Service agent who had, on another line, called into Stern's satellite radio show. When Stern went live with the tax collector's on-hold call, the IRS agent's...

Top 5 States Where Income is Growing Fastest

by banksadmin @ Banks.org

Thu May 25 06:37:24 PDT 2017

The US census data is out and the information on the fastest and slowest growing states has finally arrived.  This gives state governments a chance to compare records and mark their progress.  Continue reading below to find out which 5 … Continued

Fighting Hunger, Feeding Hope

by swpay @ Southwestern Payroll

Thu Feb 22 15:30:23 PST 2018

Together we can help end hunger! Did you know that 16% of all Oklahomans cannot always count on their next meal? We’re excited to announce our Food and Fund Drive benefiting the Community Food Bank of Eastern Oklahoma through March 7, 2018! We’re collecting food, personal hygiene items, and cash donations, and we’ve placed three … Continue reading Fighting Hunger, Feeding Hope

Taxpayers now can file for 4 renewed energy tax credits

by skbell1 @ Don't Mess With Taxes

Mon Mar 19 13:26:36 PDT 2018

Energy-efficient skylights installed in 2017 could provide homeowners some savings thanks to a recently renewed tax credit. Congress slipped some expired tax breaks into the Bipartisan Budget Act of 2018 enacted back in February. That was good news for taxpayers who can claim these tax breaks, but it set off a mad scramble within the Internal Revenue Service. Playing processing catch-up: Uncle Sam's tax agency had to dig out and update the appropriate forms and then re-set its processing systems to handle them. And all this had to be done while the 2018 tax-filing season was already underway. The IRS...

The growing gig economy, and what that means for electronic payment

by rapid! PayCard @ rapid! PayCard

Fri Aug 04 11:09:31 PDT 2017

Millions of Americans have jobs with little security, no benefits and irregular pay — and they love it. The gig economy is a booming business model that has changed the way employees make money. Gig work translates entrepreneurial spirit into earnings with no strings attached — whether that is to break into a new field, earn extra income for saving and investment, or make some weekend spending money. Nearly a third of the working population have a gig, according to Investopedia. Either as a primary means of income, or as a supplementary job, gigs allow flexibility in employment for a generation characterized by adaptability. This model is especially attractive to... Read More

A Pi Day tasty tax tip on rounding tax form entries

by skbell1 @ Don't Mess With Taxes

Wed Mar 14 09:08:00 PDT 2018

Doing taxes is all about the numbers. The forms require our Social Security number and that of our spouse and dependent children. Similar identification digits also are key on tax forms from, for example, our employers and other entities that contribute to our taxable income. And, of course, we have to put in all those figures about our earnings and subtract the numbers in the form of expenses and deductions and credits to get to the most important amount of all, our final tax bill. Today's the 30th anniversary of the math-inspired unofficial holiday Pi Day is a good time...

Memorial Day Holiday – May 28, 2012

by BPSAdmin @ Business Payroll Solutions

Wed May 16 10:23:14 PDT 2012

Monday May 28th, 2012 is Memorial Day and a banking holiday. See the chart below for how it will affect your payroll. Be sure to contact your payroll processor to make them aware of this change. Paychecks Dated Send Payroll Info by Account will be debited Employees will get paid Friday 5/25 Wednesday 5/23 Thursday [...]

Bank Holiday Schedule for 2016 and 2017

by banksadmin @ Banks.org

Wed Feb 24 10:01:49 PST 2016

Few things are more frustrating than wanting to deposit a check, make a withdrawal or make a same-day online bill payment and then finding out that the bank is closed for a holiday. The Federal Reserve bank observes 10 holidays … Continued

When is Outsourcing Payroll A Necessity?

by admin @ DirectPay Payroll Services

Mon Feb 17 10:48:17 PST 2014

Even the most savvy entrepreneurs sometimes have a difficult time keeping up with payroll taxes.  According to howstuffworks.com, payroll taxes can create trouble, because “Complicated tax forms must be filled out and filed on an annual, quarterly, sometimes even weekly basis. Missed deadlines and improper tax filings can result in steep fines and even jail […]

The post When is Outsourcing Payroll A Necessity? appeared first on DirectPay Payroll Services.

Banking Alert: MLK Day 2018

by swpay @ Southwestern Payroll

Wed Jan 10 10:26:22 PST 2018

Martin Luther King, Jr. Day Monday, January 15, 2018 – Banks are closed – There will be no banking activity. No direct deposits will settle or be initiated on this day. – Southwestern Payroll is open – No electronic banking (ACH, Direct Deposits, Wire Transfers etc.) can be initiated or settled on a banking holiday. … Continue reading Banking Alert: MLK Day 2018

Volunteer vacations provide help, possible tax deduction

by skbell1 @ Don't Mess With Taxes

Sun Mar 25 12:15:44 PDT 2018

iLEAD students hold up their Backpacks Full of Hope that they took to Puerto Rico on their spring break to help with recovery efforts on the island. (Photo courtesy iLEAD) Hundreds of students, and in some cases their families, recently took advantage of spring break to head to sunnier climes. However, a couple of the usual beach destinations, Puerto Rico and the U.S. Virgin Islands, are still struggling with the aftermath of Hurricane Maria. The good news is that some of the mainland spring breakers did or still are using their time off to participate in storm recovery efforts in...

17 ways to save on your 2017 taxes

by skbell1 @ Don't Mess With Taxes

Thu Mar 15 22:49:10 PDT 2018

A view of Connemara, along Ireland's west coast, by Fred Bigio via Flickr CC. St. Patrick's Day is almost here, but it's not the lush Kelly green landscapes of the Emerald Isle we taxpayers are thinking about right now. We want to know ways to save some greenbacks on our taxes. Inspired by the man brave enough, at least in myth, to face down snakes and the March 17th day we honor him, here are 17 ways to round up some tax savings from the almost as scary U.S. tax code. 1. Non-cash charitable gifts: If you gave household goods...

The Equifax Hack Was Worse Than Expected. What to Do Next

by Jeanine Skowronski @ Chime Banking

Thu Mar 15 15:59:14 PDT 2018

Looks like that worst-ever Equifax data breach was … actually worse. In late 2017, the credit reporting agency divulged a systems breach exposed the personal information of 145.5 millions Americans, including names, Social Security numbers, birth dates, addresses, dispute documents, as well as some credit card account and driver’s license numbers. But the hackers also obtained […]

The post The Equifax Hack Was Worse Than Expected. What to Do Next appeared first on Chime Banking.

To My Valentine Direct Deposit

by Jason Olson, CMA, VP Strategic Partnerships @ Payroll Direct Deposit – Telpay Blog

Thu Feb 13 07:27:12 PST 2014

Why do I love my direct deposit service? Let me count the ways. It is for the same reasons that I love paying personal bills with online banking – it’s easy, ultra-convenient and recipients love it! Reason #1 – It’s Easy Businesses should always be thinking of ways to become more efficient. Sending money with […]

Service Credit Union to offer assistance for those affected by a Government Shutdown

by Lori Holmes @ Service Credit Union

Wed Dec 06 08:39:27 PST 2017

Service Credit Union is committed to helping its members in the event of a government shutdown by covering the December mid-month payroll and offering a 0% loan. If the shutdown occurs and the Defense Finances and Accounting Services (DFAS) does not pay mid-month payrolls, Service Credit Union will post credits to members based on the […]

Should Businesses Stop Accepting Cash?

by rapid! PayCard @ rapid! PayCard

Fri Aug 18 12:08:23 PDT 2017

Visa is paying out a jackpot to vendors willing to bet against old money, and roll the dice on cashless transactions. Visa will give $10,000 to 50 restaurants that pledge to go cashless. The new initiative, what Visa executive Jack Forestall calls “a journey to go cashless,” will incentivize vendors to rip off the bandaid of paper transactions and progress to a cashless system. The money can be used for marketing and updating point of sale technology to focus payment exclusively on credit and debit cards and electronic payment. Visa will select participating merchants in August. Cash remains the predominate method of payment, according to the Federal Reserve. A report... Read More

Banking Holiday: Veteran’s Day 11.11.16

by swpay @ Bank holiday alerts – Southwestern Payroll

Tue Nov 01 19:46:58 PDT 2016

All banks will be closed for Veteran’s Day on Friday, November 11, 2016. No direct deposits will settle or be initiated on this day. If your check date is Friday, November 11, you may need to contact us in order to coordinate your payroll processing for a timely direct deposit. Southwestern Payroll Service’s office will … Continue reading Banking Holiday: Veteran’s Day 11.11.16

Important Year-end Information

by admin @ DirectPay Payroll Services

Mon Dec 09 06:18:58 PST 2013

The year-end cutoff date for you to report changes for 2013 is December 31, 2013 at 1:00 p.m., or the day a payroll with a January 2014 check date is processed, whichever is earlier.  We recommend that you run any adjustments with a payroll to ensure that the taxes are withheld correctly.  Please remind your […]

The post Important Year-end Information appeared first on DirectPay Payroll Services.

The Risks Associated With CDs

by banksadmin @ Banks.org

Mon Jul 17 01:12:57 PDT 2017

Certificates of Deposit have been around for a while. If you save or invest your money, you’ve probably at least considered making use of a CD. Certificates of Deposits are one of the safest methods of saving money. In many ways, … Continued

2012 Holiday Payroll Schedule

by BPSAdmin @ Business Payroll Solutions

Thu Dec 13 08:30:28 PST 2012

Paycheck Date Payroll Processed by Debited from Account on: Employee Paydate Monday 12/24 Thursday 12/20 Friday 12/21 Monday 12/24 Tuesday 12/25 Thursday 12/20 Friday 12/21 Monday 12/24 Wednesday 12/26 Friday 12/21 Monday 12/24 Wednesday 12/26 Thursday 12/27 Monday 12/24 Wednesday 12/26 Thursday 12/27 Friday 12/28 Wednesday 12/26 Thursday 12/27 Friday 12/28 Monday 12/31 Thursday 12/27 [...]

Are Certificates of Deposit a Good Investment?

by banksadmin @ Banks.org

Thu Mar 24 11:31:39 PDT 2016

When most people hear about CDs, they start wondering why anyone would still buy them in a world where music has gone digital. However, the financially savvy can usually tell within a few words of the conversation if the term … Continued

Taxpayers now can file for 4 renewed energy tax credits

by skbell1 @ Don't Mess With Taxes

Mon Mar 19 13:26:36 PDT 2018

Energy-efficient skylights installed in 2017 could provide homeowners some savings thanks to a recently renewed tax credit. Congress slipped some expired tax breaks into the Bipartisan Budget Act of 2018 enacted back in February. That was good news for taxpayers who can claim these tax breaks, but it set off a mad scramble within the Internal Revenue Service. Playing processing catch-up: Uncle Sam's tax agency had to dig out and update the appropriate forms and then re-set its processing systems to handle them. And all this had to be done while the 2018 tax-filing season was already underway. The IRS...

November Bank Holiday Alerts

by swpay @ Bank holiday alerts – Southwestern Payroll

Fri Nov 21 15:55:03 PST 2014

November 2014 Bank Holiday Schedule: Southwestern Payroll will be closed November 27 – November 28, 2014. Once again, the holiday season is upon us. We at Southwestern Payroll Service would like to take a moment to remind our clients of the Thanksgiving holiday banking schedule. If you have any questions, please call our Support Department … Continue reading November Bank Holiday Alerts

5 Creative Habits That Will Keep Your Finances On Track

by Ben Luthi @ Chime Banking

Tue Mar 27 13:29:00 PDT 2018

Improving your financial situation may seem as easy as saving more money and decreasing your expenses. But here’s the thing: if you want to see long-term improvements, you’ve got to first establish some good financial habits. This will help you both get on the right track and achieve your money goals. Financial habits are really […]

The post 5 Creative Habits That Will Keep Your Finances On Track appeared first on Chime Banking.

Wells Fargo Bank Holidays for 2018 and 2019

by banksadmin @ Banks.org

Tue Jan 09 04:05:48 PST 2018

Need to know if your local Wells Fargo bank branch is open or closed on a certain holiday? All Wells Fargo banks in the United States will be closed on the below dates in 2018 and in 2019. When a … Continued

Filing a Complaint About a Bank: When and How?

by banksadmin @ Banks.org

Tue Sep 26 10:27:09 PDT 2017

Most adults feel comfortable complaining when they feel that their needs have not been appropriately met. If their steaks have not been cooked properly, they will send them back to the kitchen. If their new set of clothes shrinks in the wash, they will return … Continued

Quarter End Reminder: 1st Quarter 2014

by admin @ DirectPay Payroll Services

Mon Mar 17 09:45:10 PDT 2014

We are rapidly approaching the end of 1st Quarter 2014. The last day of processing for this quarter will be Monday, March 31, 2014. If you have any adjustments that need to be included in this quarter, please submit them to your Account Manager no later than 1:00pm on the 31st. Adjustments may include manual […]

The post Quarter End Reminder: 1st Quarter 2014 appeared first on DirectPay Payroll Services.

Turning in tax pros who break bad

by skbell1 @ Don't Mess With Taxes

Thu Mar 22 12:26:51 PDT 2018

When we pay a tax pro for help, we trust that person. Sometimes we shouldn't. Most of use tax professionals to help get through tax season. Thankfully, most paid tax preparers are honest. They want to help their clients meet their tax responsibilities by legally paying the least amount of tax possible under the Internal Revenue Code. But most is not all. Some tax preparers run fly-by-night operations where they simply look to make a quick buck off of honest individuals seeking tax assistance. These pros, and I use the description advisedly, often get paid based on a percentage of...

rapid! PayCard Green Dot Announcement

by rapid! PayCard @ rapid! PayCard

Tue Jan 31 14:03:14 PST 2017

Green Dot to Acquire UniRush, LLC, Operating Company for RushCard and Rapid! PayCard Transaction Expected to Generate Significant Strategic and Financial Synergies PASADENA, Calif.–(BUSINESS WIRE)–Green Dot Corporation (NYSE:GDOT) today announced that it has entered into an agreement to acquire UniRush, LLC, and its operating businesses RushCard, a leading online direct-to-consumer general purpose reloadable prepaid card provider, and Rapid! PayCard, a leading corporate payroll card provider. The acquisition, which maps to “Step Five” of Green Dot’s “Six Step Plan” to enhance shareholder value, materially expands Green Dot’s scale with the addition of the RushCard and Rapid! PayCard installed customer bases, while establishing Green Dot as a formidable player in the growing... Read More

2017 Holiday Closings

by aquaadmin @ Bank holiday alerts – Southwestern Payroll

Fri Dec 15 10:52:04 PST 2017

Christmas – December 25, 2017 Banks are closed – Southwestern Payroll is closed. ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need to be changed. New Year’s Day – January 1, 2017 Banks are closed – Southwestern Payroll is closed. ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need … Continue reading 2017 Holiday Closings

Non-Processing Days That You Need to Know

by Lyn Walker, Marketing Manager @ Payroll Direct Deposit – Telpay Blog

Mon Nov 23 10:45:27 PST 2015

At Telpay, we do not process payments on statutory holidays. We refer to these holidays as non-processing days. Due to the nature of our service, we rely on banks and credit unions to move money.  When the banks close for the holidays, Telpay cannot process any payments.  If your payment is on or around a holiday (non-processing day), you […]

Turning in tax pros who break bad

by skbell1 @ Don't Mess With Taxes

Thu Mar 22 12:26:51 PDT 2018

When we pay a tax pro for help, we trust that person. Sometimes we shouldn't. Most of use tax professionals to help get through tax season. Thankfully, most paid tax preparers are honest. They want to help their clients meet their tax responsibilities by legally paying the least amount of tax possible under the Internal Revenue Code. But most is not all. Some tax preparers run fly-by-night operations where they simply look to make a quick buck off of honest individuals seeking tax assistance. These pros, and I use the description advisedly, often get paid based on a percentage of...

Federal Budget Impacts Canadian Revenue Agency (CRA) Remittances

by Chris Epp-Vollrath, President @ Payroll Direct Deposit – Telpay Blog

Thu Feb 20 14:38:47 PST 2014

On February 11, 2014, Finance Minister Jim Flaherty tabled the 2014 Federal Budget, entitled “The Road to Balance: Creating Jobs and Opportunities.” A key point for Telpay customers was the reduction in frequency of CRA Source Deduction remittances for some employers. The Budget proposed to increase the remittance thresholds for CRA Source Deduction remittances for […]

Deadline for withdrawals from certain tax-deferred retirement plans is April 1. No fooling

by skbell1 @ Don't Mess With Taxes

Mon Mar 26 10:46:27 PDT 2018

If you celebrated your 70½ birthday last year, you could be facing a retirement plan withdrawal deadline in a few days. (Photo by Kay Bell) Tax-favored retirement plans are a big part of millions of Americans' nest eggs. Many individuals still contribute untaxed dollars to traditional IRAs. They opt for this original IRA option because their contributions also allow them to take an immediate deduction on their tax returns. Others put money into workplace defined contribution plans. These automatic contributions are made before taxes are taken out of their paychecks. This lowers the amount of money subject to payroll withholding....

How Much Money Can You Deposit Before the Bank Reports It?

by banksadmin @ Banks.org

Fri Feb 02 16:47:37 PST 2018

To the average person, it would seem like making deposits into their savings or checking accounts would be viewed as a good thing.  After all, doesn’t a regular savings plan mean an individual handles their money responsibly and they have … Continued

2012 President’s Day – Bank Holiday

by BPSAdmin @ Business Payroll Solutions

Fri Feb 10 08:32:37 PST 2012

This year President’s Day falls on Monday February 20th. Keep in mind this holiday is observed by the banks and therefore will be closed Monday. For companies that have a payday that falls on Monday February 20th, make sure you talk to you payroll processor about moving your payday up. Payrolls can be moved up [...]

Preparing to Buy Your First Home

by banksadmin @ Banks.org

Sat Sep 12 15:51:57 PDT 2015

Are you planning on buying a home in the near future? Making a big move is exciting, but it can be a little intimidating if you are buying your first place. Understanding the process will help you make the right … Continued

by Elizabeth Honeycutt @ Flexpay

Mon Jun 05 10:32:45 PDT 2017

CBIZ Flex-Pay is the endorsed payroll provider for the NC Dental Society. We will exhibit at the May 18, 2017, Annual Session in Myrtle Beach, South Carolina.

The post appeared first on Flexpay.

PNC Bank Holidays for 2017 and 2018

by banksadmin @ Banks.org

Mon Jan 02 18:38:09 PST 2017

Need to know if your local PNC Bank branch is open on a specific holiday? All branches are closed on the below dates. If a holiday is not listed below, such as Christmas Eve, New Year’s Eve, Halloween, or St. … Continued

A look at some tax provisions in the FY18 spending bill

by skbell1 @ Don't Mess With Taxes

Sat Mar 24 13:26:11 PDT 2018

Before departing D.C. last week for their version of spring break, Representatives and Senators, some grudgingly, approved a $1.3 trillion omnibus spending bill to keep the federal government operating through September. Donald J. Trump signed the bill, which is massive by both dollar and legislative length (the bill ran 2,232 pages long) measurements, but not before injecting some reality show drama into the mix by threatening a veto. Both the $1.3 trillion outlay and 2,232 pages are huge, but since I have to pick one as this week's By the Numbers figure, I'm going with the dollar amount. Now, about...

False income, offshore shelters and frivolous tax arguments wrap up IRS' 2018 Dirty Dozen tax scams

by skbell1 @ Don't Mess With Taxes

Wed Mar 21 12:49:07 PDT 2018

There are so many tax scams out there that it takes more than one post to cover them. Three posts, to be precise. This is Part 3 of the Internal Revenue Service's 2018 list of the Dirty Dozen Tax Scams. Your promised tax savings can be quickly washed away if you put your money into an abusive offshore tax shelter. This is it, a look at the final group of scams that crooks are using again this tax year to try to take our money. The final four schemes in this post, numbers 9 through 12, are like those in...

Bank Failures Cost the FDIC Deposit Insurance Fund $894 Million in 2015

by banksadmin @ Banks.org

Thu Apr 21 10:53:44 PDT 2016

The financial crisis of 2007-2008 resulted in hundreds of bank failures. In the year after the crisis, bank closures cost the FDIC‘s Deposit Insurance Fund more than $38 billion. As the U.S. economy slowly recovered, fewer banks have been closed and sold by … Continued

Bank Holiday Schedule for 2017 and 2018

by banksadmin @ Banks.org

Sat Oct 21 21:11:40 PDT 2017

Few things are more frustrating than wanting to deposit a check, make a withdrawal or make a same-day online bill payment and then finding out that the bank is closed for a holiday. The Federal Reserve bank observes 10 holidays … Continued

Great Money Resolutions for the New Year

by Carolyn Pittman @ Service Credit Union

Wed Dec 27 08:00:39 PST 2017

It’s that time of year again, recovering from the indulgences of the holidays, looking over the past year, breaking out the new calendar, and planning to do better in all aspects of life in the coming year. One of the most popular resolutions is to be better with money. The challenge, of course, is sticking […]

Online Savings Accounts: Better for Your Money

by banksadmin @ Banks.org

Wed Sep 20 08:21:54 PDT 2017

If you’re looking around to choose the best bank for your savings, or are thinking about switching banks to get a better interest rate, you should consider online savings accounts. They offer significant advantages to consumers in terms of higher … Continued

False income, offshore shelters and frivolous tax arguments wrap up IRS' 2018 Dirty Dozen tax scams

by skbell1 @ Don't Mess With Taxes

Wed Mar 21 12:49:07 PDT 2018

There are so many tax scams out there that it takes more than one post to cover them. Three posts, to be precise. This is Part 3 of the Internal Revenue Service's 2018 list of the Dirty Dozen Tax Scams. Your promised tax savings can be quickly washed away if you put your money into an abusive offshore tax shelter. This is it, a look at the final group of scams that crooks are using again this tax year to try to take our money. The final four schemes in this post, numbers 9 through 12, are like those in...

Employee Details- Capture through Payroll

by Joie Savicki @ Flexpay

Fri May 06 08:13:56 PDT 2016

How many Excel spreadsheets do you maintain on your employees, such as:    Performance Review Dates    Pay Grades    Employee Phone and Birthday Lists    Emergency Contact List Find...

The post Employee Details- Capture through Payroll appeared first on Flexpay.

This Is Why Research On Behavioral Finance Won the Nobel Prize

by Cat Alford @ Chime Banking

Mon Mar 12 15:50:20 PDT 2018

In October 2017, Richard Thaler got the call he’d been hoping for. After 40 plus years of economics research, he learned he won the Nobel Prize. As an economist, he faced ridicule from his colleagues for his research connecting human behavior to economics. Winning the Nobel Prize for his work in behavioral finance meant that his […]

The post This Is Why Research On Behavioral Finance Won the Nobel Prize appeared first on Chime Banking.

Pay Utilities (and more) with Telpay

by Telpay Incorporated @ Telpay Blog

Mon Sep 18 12:21:59 PDT 2017

Have you ever missed a bill payment deadline? Have you come into the office one morning, only to see a “Payment Overdue” email waiting for you? It happens. Busy schedules prevent us from going to the bank, or if a payment date falls on a day we’re away from the office. That’s what makes Telpay […]

What Does Pay Frequency Mean?

by Michele Bossart @ Payroll Tips, Training, and News

Wed Feb 21 05:10:38 PST 2018

When you have employees, you need to run payroll so they can receive their wages. Before paying employees, you need to decide on a pay frequency. Your industry, the number of employees you have working for you, the type of workers you have, and legal requirements determine your pay frequency. But first, what does pay […]

The post What Does Pay Frequency Mean? appeared first on Payroll Tips, Training, and News.