PAYROLL INFORMATION
We have compiled the following so you can stay current on the latest payroll issues affecting individuals and business professionals.
NETCLIENT CS
View videos on how to enter payroll and check printing using your NetClient portal. View Videos
PAYROLL AND PAYROLL TAX CHANGES
View the latest information on payroll and payroll tax changes for the current year. View Payroll Changes
FEDERAL TAX COUPONS
Starting January 1, 2011, the paper federal tax coupon will no longer be used. You must file the deposits electronically. If you are not already set up on EFTPS (Electronic Federal Tax Payment System) then you must enroll and get your information and password at least 15 days prior to January 1, 2011. Once enrolled, you can call in your deposits by telephone or do them over the internet. We will gladly provide the enrollment service to you. Just let us know that you want us to set this up. We will need your bank routing number and account number. If you wish to do this yourself, we can provide a paper form or the website address is www.eftps.gov.
HIRE ACT
Under the Hiring Incentives to Restore Employment (HIRE) Act, enacted March 18, 2010, two new tax benefits are available to employers who hire certain previously unemployed workers (“qualified employees”).
The first, referred to as the payroll tax exemption, provides employers with an exemption from the employer’s 6.2 percent share of social security tax on wages paid to qualifying employees, effective for wages paid from March 19, 2010 through December 31, 2010.
In addition, for each qualified employee retained for at least 52 consecutive weeks, businesses will also be eligible for a general business tax credit, referred to as the new hire retention credit, of 6.2 percent of wages paid to the qualified employee over the 52 week period, up to a maximum credit of $1,000.
Form W-11 - Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit
SIMPLE IRA's
Saving Incentive Match Plan for Employees Individual Retirement Account View Information on Simple IRA's
SAFE HARBOR 401k
View Information on a Safe Harbor 401k
MUNICIPAL RATES
View the current municipal rate View Municipal Rates
NEW EMPLOYEE?
Get all the forms you'll need for hiring new employees. View Forms
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