Starting on January 1, 2012, Georgia businesses with 500 or more employees will be required to use E-verify. This site checks the status of workers to make sure that they are authorized to work in this country.
The schedule for the phase-in for using E-verify is: (more…)
It is extremely important to maintain Form W-9, Request for Taxpayer Identification Number and Certification, on all people you pay to perform services for your business. This form enables you to correctly file necessary information returns (like 1099s) during the month of January each year. Since January is right around the corner, (more…)
A little known tool for helping you with your individual taxes is Publication 17 (a 303 page pdf) from the IRS. It will help you answer such questions as:
Ugh. So, I’m running payroll in QuickBooks for 1/1/2012. I got the new tax table update (the most up to date one is 21202, by the way). Then, I started payroll and noticed that my Social Security employee was the same as the Social Security Company. Hmmm…I was pretty sure that Congress passed the extension…well, for 2 months, anyway. (more…)
President Obama today signed into law a two month extension of the payroll tax cut, which means that 160 million American workers will not see their paychecks shrink starting Jan 1, 2012. The President thanked Congress for ending the stalemate and urged them to keep working to reach an agreement (more…)