Business Management Daily

MARCH 16, 2022

The likely effect will be delayed tax refunds for taxpayers who file even minimally complex returns. There is no way they can speed up their tax refunds. The post Rocky tax season could lead to slow refunds for employees appeared first on Business Management Daily. Peoples’ patience is running thin. What’s up with Forms 941?

Hiring Software 52

Hiring Software Planning Tools Payroll Tools 52

Payactiv

APRIL 5, 2022

Companies like TurboTax, H&R Block, TaxSlayer, and others love to say, “We guarantee your maximum refund!”. But what is a maximum refund? Does using these companies mean running the risk of getting a refund that’s smaller than the maximum? If the amount already withheld is bigger than your tax bill, you get a refund.

PayActiv 40

PayActiv Software Compliance Training Examples 40

Payactiv

FEBRUARY 22, 2022

It’s tax season, that time of the year when we gather all of our financial information from the last year to see if we owe the IRS or, even better, get a refund. With the Payactiv Visa ® Card*, you can get your tax refund up to four days early, an extra perk of a no-cost Payactiv membership.

PayActiv 52

PayActiv Planning Tools Background screening Compliance Training 52

Payactiv

FEBRUARY 22, 2022

It’s tax season, that time of the year when we gather all of our financial information from the last year to see if we owe the IRS or, even better, get a refund. If you think you will get a refund and need more time, you can file Form 4868 for an automatic six-month extension. This may result in your having access to the funds sooner.

PayActiv 52

PayActiv Planning Tools Background screening Compliance Training 52

Payactiv

MARCH 8, 2018

Tax refund advances are fee traps and a FinTax on the poor. The post Why Stay Away From Tax Refund Loans appeared first on PayActiv. Although there is no interest on the advance, the borrower has to pay a tax-preparation fee which can run up to hundreds of dollars.

PayActiv 49

PayActiv Wellness 49

GoCGO

NOVEMBER 29, 2018

401K Refunds: Not as Good as They Sound. Many hear the word refund and begin running down their imagery wish list of ways to spend this extra money. However, when it comes to 401(k) refunds, or corrective distributions, the excitement should be dialed back.

Retirement 40

Retirement 40

Recruiters Lineup

DECEMBER 14, 2022

Some firms will refund your fee if the new hire leaves or terminates within a certain amount of time. You pay the firm a nominal fee for their work while they recruit, and the remainder of your contract is paid upon a successful hire. You should also check on the firm’s guarantee. This window of time is typically short, like 60 to 90 days.

Recruiting Software 92

Recruiting Software Recruitment Hiring Software Hiring 92

HR Morning

FEBRUARY 8, 2017

Now that Tax Season 2017 is upon us, it is time for HR departments to remain vigilant against the pervasive threat of identity theft and refund fraud arising from the distribution of personal tax information, say guest posters Ken Dort and Reeva Thakrar, both attorneys for the firm of Drinker Biddle & Reath. _. million (79.6

HR Software 40

HR Software Planning Tools Report Training 40

Business Management Daily

FEBRUARY 12, 2019

The post Same creepy robovoice … 3 different phone numbers … it must be tax refund time! Phishers have had to become more sophisticated, since the W-2 scam has basically played itself out. So they’re targeting employees directly. appeared first on Business Management Daily.

Payroll 40

Payroll 40

PeopleKeep

OCTOBER 4, 2023

The amount withheld throughout the year determines how much tax you’ll still owe during tax season or if the IRS owes you a refund. If you’re a U.S. employee, your employer must withhold a certain amount of money from each paycheck for federal and, in most cases, state taxes.

Compliance 106

Compliance 106

Business Management Daily

AUGUST 2, 2023

Those checks were free money—they weren’t taxable income and you didn’t have to reduce your tax refund to account for them. You will receive a tax refund of $976.00 , We will process this amount once you have submitted the document we need for the steps to claim your tax refund. Please click below to claim your tax refund.

Compliance Training 52

Compliance Training Immedis Examples Course 52

Paychex

MARCH 31, 2015

Last year, tax refund identity theft and fraud cost U.S. taxpayers more than $5 billion. This article offers owners an overview of this increasingly common form of fraud and provides recommendations and resources to help minimize the risk.'

Resources 40

Resources 40

Business Management Daily

OCTOBER 26, 2023

The IRS hasn’t paid its claim or has paid it but you haven’t cashed or deposited the refund check. You cashed or deposited your ERC refund check. If you haven’t received a refund and haven’t been notified that your claim is under audit: Make a copy of the 941-X with the claim you wish to withdraw.

How To 52

How To Payroll Report Examples 52

Namely

FEBRUARY 5, 2021

During any merger, acquisition, or internal reorganization there are myriad corporate considerations on the tax and non-tax front.

Payroll 98

Payroll 98

Business Management Daily

MARCH 3, 2023

Tax credits reduce your tax liability or increase your tax refund. IRC § 41 refundable research credit IRC § 41 allows you to claim a tax credit for qualified research expenses above a base amount. For certain small businesses, however, the credit is effectively refundable , depending on the size of their payroll.

Payroll 98

Payroll Planning Tools Compensation Groups 98

Trusaic

DECEMBER 13, 2021

The refundable tax credit provides organizations impacted by the COVID-19 pandemic with financial relief. To further help employers qualify for the refundable credit, the IRS issued guidance that clarifies the terms and conditions pertaining to gross receipts. The Employee Retention Credit is simple in concept.

Payroll 130

Payroll Planning Tools Compliance Compliance Training 130

Ask a Manager

NOVEMBER 22, 2021

Because we are so small, we cannot accommodate order cancellations, and we rarely offer refunds. Refunds are granted in very limited circumstances. Our customer service policy is posted on our website, but does not explicitly mention that we do not accept cancellations or offer refunds.

Policies 169

Policies Hiring Software Compliance Training Productivity 169

HRWatchdog

MARCH 17, 2023

It is a refundable payroll tax credit that eligible businesses may claim by filing Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. The Paid Sick Leave Refundable Credit (PSLRC) can be up to $14,220 per employee and the Paid Family Leave Refundable Credit (PFLRC) can be up to $22,000.

Wage and Hour Training 66

Wage and Hour Training Training Compliance Training Hiring 66

FingerCheck

FEBRUARY 16, 2021

Here are items to consider when filing your 2020 taxes that involve credits, deductions, and refunds: Recovery Rebate Credit/Economic Impact Payment. Interest on Refunds Taxable. Taxpayers who received a federal tax refund in 2020 may have been paid interest. We all love refunds, right? Of course, we do!

Course 98

Course Tools Report Examples 98

Best Money Moves

SEPTEMBER 27, 2023

Do you plan for your tax refund? Financial stability is often contingent on financial planning, and having a plan for your tax refund can help you reach or maintain financial stability. Estimate how big your refund will be based on how much you earn, and then create a plan for its best possible use.

Planning Tools 95

Planning Tools Retirement Wellness Resources 95

Trusaic

DECEMBER 22, 2019

This poses a significant refund potential for employers that applied for empowerment zone tax credits during the 2018 tax year. Under the new budget, employers will be able to claim 2018 empowerment zone tax credits and get refunded through their amended tax return.

Certification 130

Certification Groups Compliance Training Hiring 130

Workstride

FEBRUARY 1, 2024

Slow, antiquated payment methods are still being used to refund patients and pay clinical research participants. Industry Challenges Inflation hit the healthcare industry late and will lag longer than in other industries, causing pressure on revenue.

Industry 52

Industry Payroll Employee Recognition Software 52

Patriot Software

OCTOBER 12, 2022

You may cause more work for yourself, delay tax returns and refunds for employees, and accumulate fines. Form W-2 errors are never a good thing. You should carefully review each Form W-2 before you send it to the Social Security Administration and your employees. The only way to avoid mistakes is to know what they […] READ MORE.

Payroll 73

Payroll 73

Helpside

OCTOBER 28, 2022

These third parties often charge large upfront fees or a fee that is contingent on the amount of the refund and may not inform taxpayers that wage deductions claimed on the business’ federal income tax return must be reduced by the amount of the credit.”.

Payroll 52

Payroll Report Company ATS 52

HR Lineup

FEBRUARY 1, 2023

This service is easy to use and includes step-by-step guidance to ensure that customers get the maximum refund they are entitled to. In addition to its tax preparation services, Jackson Hewitt offers a number of other financial services, including refund anticipation loans, prepaid debit cards, and tax return loans.

Compliance Training 52

Compliance Training HR Software Software Training 52

Homebase

AUGUST 31, 2021

If you overpaid taxes , many tax agencies will give back the excess amount as a refund when you file your taxes. If an employee had too many taxes withheld (like if they made an error on their W-4), they should expect a refund when they file their taxes for the year. .

Payroll 98

Payroll How To Planning Tools System 98

Namely

JUNE 12, 2020

Whether it’s an insurance application, a W-4 form, or a photocopy of a driver’s license, your employees’ sensitive information needs to be protected - especially during this extended tax season as scams and refund theft increases.

Data 78

Data Payroll 78

Immedis

JANUARY 21, 2021

To minimize the cashflow burden, the employer can claim a real time foreign tax credit on behalf of the employee through the Irish payroll system for the amount of the non-refundable foreign tax arising on the same income. The foreign tax suffered must be non-refundable. All criteria must be met to avail of the credit.

Assessment Software 92

Assessment Software Payroll Exercises Immedis 92

Homebase

DECEMBER 22, 2023

Eligible businesses that paid qualified wages throughout the program can receive a refundable tax credit to reduce their total taxes. With the ERTC, for every employee that you paid qualified wages to between March 31, 2020 and September 30, 2021, you can be eligible for a certain amount of refundable tax credits.

Payroll 52

Payroll Examples Software Industry 52

Kevin Sheridan

JANUARY 10, 2022

Lesson twelve: Ask for a refund. Paypal was wonderful and immediately refunded the funds stolen from my account. Citibank is working on refunding the funds stolen from my accounts.

Immedis 102

Immedis Screening Compliance Training Software 102

Ask a Manager

OCTOBER 17, 2022

My employer reimbursed my student loan payments and now my payments have been refunded. ” Now those payments (almost $6,000) are refundable and my refund just came through. So you made the payments, your employer reimbursed you for them, and now the original payments themselves have been refunded? What do you think?

Meeting 116

Meeting Hiring Report Examples 116

Business Management Daily

OCTOBER 20, 2022

Cleveland commuter is due a tax refund. Before 2020, she received tax refunds for the days she worked outside Cleveland. She applied for a tax refund, which was denied. These employees should have claimed a tax refund on their 2020 city taxes. Then she sued. It ruled in the commuter’s favor. The case is Hofmeister v.

Compensation 52

Compensation Course ATS Payroll 52

Embroker

JANUARY 27, 2023

Prorating is when you’re entitled to a refund if you’ve overpaid at the time of cancellation. You will be refunded what’s left of the total premium amount of the coverage. A provider may also short-rate your refund. That means they would take a portion of what you overpaid as a cancellation fee.

How To 86

How To Policies Compliance Training Certification 86

ACA Times

APRIL 17, 2020

Business Provisions: Refundable Payroll Tax Credit (CARE Act §2301): Allows a business to take a tax credit against payroll and other employment related taxes for each calendar quarter equal to 50% of the qualified wages with respect to each employee to a maximum of $10,000. 112,500 in the case of a head of household; and.

Retirement 100

Retirement Payroll Groups Compliance 100

Take It Personel-ly

JULY 29, 2020

Airbnb cancelled and refunded many reservations as would-be travelers hunkered down at home and owners found themselves managing empty rooms and houses. Back in March, Airbnbs around the world shut down as the coronavirus pandemic swept the world.

How To 91

How To ATS 91

ACA Times

OCTOBER 19, 2017

This may delay any tax refunds. The IRS said to avoid refund and processing delays when filing 2017 tax returns in 2018, taxpayers should indicate whether they and everyone on their return had coverage, qualified for an exemption from the coverage requirement or are making an individual shared responsibility payment.

Compliance 100

Compliance Report Company ATS 100

Workstride

MARCH 11, 2024

Use Cases Micro / Unsecured Loans Payday advance lending Micro loan payments Title Loans Title loan payments Employee motivation Loan Reconciliation Reconciliation payments Overpayment refunds Alternative Lending Employees Employee Motivation Employee Rewards Value Speedy Payments: Deliver loan payments near-instantly, improve cash flow, and save time (..)

Industry 52

Industry Meeting Compliance Training 52