Category Archives: Uncategorized

Health Reimbursements Are Back!

Legislation was signed into law last week bringing back the ability for employers to directly reimburse employees for health care costs. This was taken away a few years ago after the new ACA laws came into play, often with severe … Continue reading

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Taxation of a Christmas Bonus for Your Employees

Are you thinking of giving your employees a Christmas bonus, holiday bonus, or year-end bonus? What’s the best way to handle these year-end bonuses? Can they be handled ‘under the table’? Do you have to include them as wages on … Continue reading

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Three Reasons to Check Your Online Social Security Statements Each Year

It’s been a few years since the Social Security Administration stopped mailing annual paper Social Security Statements to those aged 25-60. I know, most people didn’t know what the statement was for and either threw it away or filed it somewhere. Now the SSA provides these statement online if you are under age 60. There are good reasons to check this statement on an annual basis. Continue reading

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Social Security Wage Base Increases to $117,000 for 2014

The Social Security Administration announced that the wage base for computing the Social Security tax (OASDI) in 2014 increases to $117,000 from $113,700, which was the wage base for 2013. The $3,300 increase, which is about 2.9%, is due to … Continue reading

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Special Pricing for Illinois Non-Profit Organizations

FOR IMMEDIATE RELEASE: Complete Payroll Offers Special Non-Profit Pricing to Help Community Crystal Lake, IL – June 26, 2012 – Complete Payroll, Inc., a locally owned and operated payroll service company, announced special pricing for non-profit agencies in northern Illinois … Continue reading

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Paying for Payroll Taxes With Form 8109 Coupon to End December 31st

The IRS has issued proposed regulations that would eliminate paper coupons for deposits of employment taxes, corporate income and estimated taxes, and many other taxes (REG-153340-09).  The paper 8109 coupon payment system will be shut down at the end of … Continue reading

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Complete Payroll offers new program to help local charities

You save 10% – We contribute 10% to charity! For all of 2010! And not only are you supporting local charities, you are supporting your local payroll company and its employees – and keeping profits in your community to help … Continue reading

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Special Payroll Tax Exemption Form Now Available

WASHINGTON — The Internal Revenue Service today released a new form that will help employers claim the special payroll tax exemption that applies to many newly-hired workers during 2010, created by the Hiring Incentives to Restore Employment (HIRE) Act signed … Continue reading

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Year-end Special! Save 20% and Help Local Charities!

Complete Payroll, Inc. announces a year-end special for new clients.  The program called Payback 2010 is designed to offer savings to new clients, and offer a contribution by Complete Payroll to local charities. For new clients signing up for payroll … Continue reading

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Year-end Tax Tips for Employees

As year-end approaches, taxpayers generally are faced with a number of choices that can save taxes this year, next year or both years. Employees too are faced with these choices. However, employees have some special considerations to take into account … Continue reading

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