Payroll
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
PwC to Cut Around 600 Jobs in the U.K.
The Big Four firm is set to launch a voluntary redundancy program for between 500 and 600 employees, mostly in advisory.
AI is a Copilot for Payroll, Not a Replacement, Says HR Exec
“The future for a payroll professional is one where they get to do the fun, interesting part of their job – they get to be the expert and the toil goes away.”
Strategies for Retirement Withdrawals (RMDs)
Of course, every situation different, but the conventional wisdom is to withdraw from taxable accounts first, tax-deferred accounts second and tax-free accounts third.
U.S. Job Openings Increased Again in September
U.S. job openings unexpectedly climbed in September for a second month, underscoring the persistent strength of labor demand in various pockets of the economy.
Midwest and Mountain West Saw Biggest Income Gains Over Last 4 Years
Inflation took the biggest bite out of paychecks in the West and South, with consumer prices rising about 20% in those regions between mid-2019 and mid-2023.
IRS Increases 401(k) Limit to $23,000 for 2024; IRA Limit Raised to $7,000
The contribution limit for employees who participate in 401(k), 403(b), and most 457 plans, as well as the federal government's Thrift Savings Plan is increased to $23,000, up from $22,500.
Legal Expert Recommends Regular Audit of AI Tools Used for Employment
Ensuring you continually evaluate your business objectives to ensure your use (or non-use) of A.I. aligns with those objectives, will help you decide what risks and rewards you’re willing to take.
U.S. Economy Grew at 4.9 Percent Last Quarter
The U.S. economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months.