PENNSYLVANIA STATE TAX DEPOSIT FREQUENCY CHANGES

Pennsylvania has recently released the updated assigned state tax deposit frequencies to all PA employers. These deposit frequency notices are available through the employer’s PA state “mypath” account. It is important to note, the state no longer mails the notices to…

SECURE ACT 2.0 & YOUR SMALL BUSINESS

Everything you need to know! SECURE Act 2.0 may make it more affordable to provide retirementplans. Signed into law in December 2022, it adds 90+ provisions. Here are some very important ones: Additional tax credits may help businesses offset the cost of offering a…

STATE UNEMPLOYMENT RATE NOTICES INCOMING!

Employers! Please be on the lookout for your 2023 State Unemployment Employer rate notices. The notices should be forwarded to your Customer Service Representative upon receipt. Some states have already sent these notices, others will be arriving in your mailbox…

TAKE A LOOK AT OUR 2022 YEAR END GUIDE!

Important dates and information to make note of during the busiest time of the year The 2022 Holiday Schedule PayDay will be closed on the following days: Thursday, November 24th and Friday, November 25th Friday, December 23rd after NOON Monday, December 26 Monday,…

DIRECT DEPOSIT FRAUD: WHAT IT IS AND HOW TO PREPARE AGAINST IT   

What is Direct Deposit fraud? Sometimes referred to as “payroll diversion fraud”, direct deposit fraud is when an employee’s direct deposit account is updated illegitimately by a villainous party/scammer.Most often occurs when a scammer uses social engineering tactics…

SIX MISCONCEPTIONS ABOUT EMPLOYEE RETENTION CREDIT ELIGIBILITY

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act’s employee retention credit in just 12 days with no contemporary legislative history. The IRS has not and will not issue formal regulatory guidance, leaving some gray areas and…