Blog

  • Payroll Tax for Employees Increasing in Janaury?

    Posted by Michael Beauchemin on Fri, Aug 05, 2011 @ 07:27 AM This past week, Congress passed, and President Obama signed into law legislation to raise the debt ceiling.  While republicans were pushing for more spending cuts and Democrats were pushing for tax increases, one issue that was not included in the compromise was an extension…

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  • How the Work Opportunity Tax Credit Can Reduce Your Payroll Costs

    Posted by Michael Beauchemin on Mon, Oct 31, 2011 @ 03:39 PM President Obama recently proposed the American Jobs Act.  As part of that proposal is an initiative for “returning heroes” tax credit for hiring veterans. It is not clear what the specific requirements would be for this credit or if this will be part of…

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  • Independent Contractors and the IRS

    The Voluntary Classification Program, Independent Contractors and the IRS From the HR Pros at Richard A. Beauchemin, CPA / Carolina Accounting & Tax Services, PLLC In pursuit of employers who misclassify their workers, the U.S. Department of Labor (DOL) has been aggressively ramping up the number of investigations and its employment law enforcement efforts.  In a…

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  • Good News for Employees, Payroll Tax Cut to be Extended

    Posted by Michael Beauchemin on Fri, Feb 17, 2012 @ 10:00 AM Their is some good news for taxpayers.  Congress has come to an agreement on the payroll tax and this week will likely pass an extension of the payroll tax cut through the end of 2012. We first posted information about the Payroll tax cut last January.  The…

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