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So far lmosley has created 58 blog entries.

Client Application Support – Chattanooga

GENERAL PURPOSE OF JOBThe client application Support role is required to have knowledge of business payroll practices and provide superior client support to our clients. Duties include processing payrolls for clients, helping onboard new clients, and supporting existing clients. ESSENTIAL DUTIES  Provide value added client service through maintaining good working relationships, timely response to questions and [...]

March 27, 2021|

2021 Holidays and Your Payroll

The fourth quarter of a calendar year is a great time to begin planning for the upcoming year. For payroll and HR professionals, part of preparing for the next year is making note of the federal banking holidays and determining if they will fall within your payroll processing schedule. The Board of Governors of the [...]

October 5, 2020|

IRS Form 1099-NEC Is Back

This summer, the IRS made a change to 1099 miscellaneous income reporting for 2020, reactivating Form 1099-NEC while retaining 1099-MISC. Employers who pay independent contractors $600 or more in 2020 will associate wages with one of the two 1099 forms and will have to make adjustments to prior wages for the year. What are the [...]

September 17, 2020|

Inova Payroll Partners with Cleargistix to Provide Paperless Human Capital Management, Payroll and Field Operation Tools

Inova Payroll, a national payroll and human resource solutions provider, announced a partnership with Cleargistix, a premier provider of automated, digital ticketing solutions to businesses historically plagued by manual, costly processes. The partnership provides real-time visibility and data for field operations and offers clients a streamlined solution that allows employees to be paid effortlessly. Cleargistix [...]

September 2, 2020|

Employee Payroll Tax Deferral

On Saturday, August 8, 2020, the president signed a memorandum directing the secretary of the treasury to defer withholding, deposit, and payment of employee Social Security payroll tax obligations for certain wages or compensation paid between September 1, 2020, and December 31, 2020. The memorandum does not include deferral of employee Medicare tax or any [...]

August 28, 2020|

IRS Issues Guidance on CARES Act Retirement Plan Withdrawals

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted on March 27, 2020, provided economic assistance to Americans experiencing financial hardships from the COVID-19 outbreak. Among its stipulations, the CARES Act temporarily waived the 10% additional tax and 20% federal tax withholding on early distributions from qualified retirement plans up to $100,000 and through [...]

July 10, 2020|

Where We Stand

At this very moment, our country is lending expression to pain that has been ignored for too long. Make no mistake, what we are witnessing today shows a fraction of the pain, a fraction of the injury, a fraction of the injustice suffered by our countrymen of African descent. Albert Einstein once said, “If I [...]

June 3, 2020|

COVID-19 and the Economic Injury Disaster Loan

Designed to assist businesses affected by declared disasters, the Economic Injury Disaster Loan (EIDL) has been around for years. It is distinct from the new loan programs created for small businesses to lessen the negative revenue impact of the COVID-19 global pandemic. However, like the Paycheck Protection Program (PPP) loan created by the recently passed [...]

April 16, 2020|

Paycheck Protection Program and Payroll Tax Deferral in the CARES Act

On March 27, 2020, the president signed the Coronavirus Aid, Relief, and Economic Security Act, known as the CARES Act, in response to the COVID-19 outbreak. The law provides funding for a number of programs to assist individuals and businesses navigate the economic and health consequences of the public health emergency. Some of the more [...]

April 6, 2020|