Payroll & Bookkeeping

/Payroll & Bookkeeping

Be Sure About Estimated Tax Payments

By |2017-05-16T15:03:38+00:00May 16th, 2017|Entrepreneurs, Individual Tax, News & Events, Payroll & Bookkeeping|

Even though you just put your 2016 tax return to bed, you cannot rest easy. It is already time to pay attention to your tax liability for 2017. Significantly, you may be required to pay installments of “estimated tax” for this year, especially if you are self-employed or retired. The next due date for quarterly [...]

ATTN There is a new I-9 Form That Must be Used by Employers

By |2020-02-18T17:06:06+00:00March 1st, 2017|News & Events, Payroll & Bookkeeping, Press Releases|

Employers are reminded that on November 14, 2016, the U.S. Citizenship and Immigration Services (USCIS) released an updated version of Form I-9, Employment Eligibility Verification. Employers were required to begin use of the revised Form I-9 on January 22, 2017. Employers that fail to use Form I-9 (rev. 11/14/2016) on or after January 22, [...]

Heads Up Latest Form W2 Scam Targetting Payroll & HR Departments

By |2017-05-18T22:55:00+00:00January 27th, 2017|News & Events, Payroll & Bookkeeping|

The IRS has renewed its warning about an email scam that targets payroll and human resources departments. The scam involves a spoofing email in which a company's CEO apparently requests a list of employees and information including social security numbers or copies of their Form W-2.   The scam, which first appeared last year, is [...]

No Applause for Fraud: An Update on Popular Fraud Trends and How to Prevent and Detect Them

By |2017-05-18T22:55:02+00:00August 10th, 2016|Accounting & Auditing, Entrepreneurs, Fraud, News & Events, Payroll & Bookkeeping, Press Releases|

By: Kasey Powell, CPA, CPE Kasey is a senior accountant, certified fraud examiner, and a member of the JMF Timber Practice Group.   Kasey Powell Vcard  Kasey Powell LinkedIn Profile This year represents the 20th anniversary of the inaugural Association of Certified Fraud Examiner's (ACFE) Report to the Nation on Occupational Fraud and Abuse: 2016 Global Fraud Study. [...]

What you need to know about the new overtime (OT) law

By |2017-05-18T22:55:02+00:00May 23rd, 2016|Corporate & Partnership Tax, Entrepreneurs, News & Events, Payroll & Bookkeeping|

If you are an employer, you've probably heard that there are new laws about who qualifies for overtime pay.  It's been about two years in the making.  The most important items to understand are: The 2016 salary threshold is $913 per week or $47,476 annually for a full-year worker.  That's adjusted down slightly from earlier reports. [...]

Warning of the “Largest Ever” Phone Fraud Scam Targeting Taxpayers

By |2017-05-18T22:55:07+00:00March 21st, 2014|News & Events, Payroll & Bookkeeping|

Yesterday the Treasury Inspector General for Tax Administration issued a press release (below) concerning what they are calling the "Largest Ever" phone fraud scam targeting taxpayers.  BEWARE of phone calls from individuals claiming to represent the Internal Revenue Service (IRS) in an effort to defraud you.  These calls have hit taxpayers in nearly every state in [...]

SCAM Alert for International Taxpayers!

By |2017-05-18T22:55:07+00:00March 10th, 2014|International, News & Events, Payroll & Bookkeeping|

It has come to our attention at JamisonMoneyFarmer PC that there is an e-mail scam currently circulating targeting international taxpayers.  This scam is in the form of an e-mail purportedly from the Department of Treasury Internal Revenue Service.  It suggests that you should complete a W-8 BEN form and fax it to a link in the [...]

Health Care Coverage Penalty Delayed for Midsize Employers

By |2015-06-05T18:38:45+00:00February 19th, 2014|News & Events, Payroll & Bookkeeping|

The IRS announced last week that they have delayed the shared-responsibility requirement for employers who have 50-99 full-time equivalent employees in 2014.  These employers will now have until 2016 to offer health care coverage to their employees or be subject to the shared-responsibility payments.  These employers will be required to start reporting for health care [...]