ezPaycheck 2022 Is Now Available To Process Payroll For W2 and 1099 Staff!

by tammieb 14. December 2021 06:52

Hot off the presses, ezPaycheck 2022 is available for purchase! Still available for a limited time is ezPaycheck 2021-2022 bundle version for only 139.00.  This gives customers a way to begin payroll now and be ready for next year payroll! 

 

The 2022 year version of ezPaycheck payroll software has just been released by Halfpricesoft.com.  The latest version processes payroll for both contractors (1099) and employees (W2). This makes it perfect for business owners hiring holiday employees.  This year’s version continues to support paychecks as well as W2, W3, 940, 941 forms all within one software application for only $119 per calendar year (single user installation).


What Is New of 2015 Payroll Income Tax Rate

by admin 8. December 2014 05:29

IRS published Notice 1036, Early Release Copies of the 2015 Percentage Method Tables for Income Tax Withholding. Here are some majors changes an employer should know for Year 2015 payroll processing.

Social Security and Medicare Tax for 2015

- For social security, the tax rate is 6.2% each for the employee and employer, unchanged from 2014.
- The social security wage base limit is $118,500, and it was $117,000.00 in Year 2014
 
- The Medicare tax rate is 1.45% each for the employee and employer, unchanged from 2014. There is no wage base limit for Medicare tax.

 

IRS Announces new 2015 Tax Brackets and Standard Deduction

The new standard deduction for each dependent is $4000.00, which was $3950.00 in 2014.

 

You can view 2015 Payroll Income Tax Withhold Tables here to see tax brackets changes and more details. 

small business payroll software

purchase payroll software now free download payroll accounting software

 

 

Tags: , , , , ,

business news

Reporting Tip Income - Restaurant Tax Tips

by admin 5. May 2011 08:41

Reporting Tip Income - Restaurant Tax Tips

( click this link to see how to handle tips in restaurant with ezPaycheck Payroll Software)

Tips your employees receive from customers are generally subject to withholding. Employees are required to claim all tip income received. This includes tips you paid over to the employee for charge customers and tips the employee received directly from customers.

Employee Requirements

Employees must report tip income on Form 4070, Employee's Report of Tips to Employer, (PDF) or on a similar statement. This report is due on the 10th day of the month after the month the tips are received. This statement must be signed by the employee and must show the following:

  • The employee's name, address, and SSN.
  • Your name and address.
  • The month or period the report covers.
  • The total tips received.

No report is required from an employee for months when tips are less than $20.

Both Forms 4070 and 4070-A, Employee's Daily Record of Tips, (PDF) are included in Publication 1244, Employee's Daily Record of Tips and Report to Employer. (PDF)

Employer Requirements

Employers must collect income tax, employee social security tax and employee Medicare tax on tips reported by employees. You can collect these taxes from an employee's wages or from other funds he or she makes available.

Allocation of Tips

As an employer, you must ensure that the total tip income reported to you during any pay period is, at a minimum, equal to 8% of your total receipts for that period.

In calculating 8% of total receipts, you do not include nonallocable receipts. Nonallocable receipts are defined as receipts for carry out sales and receipts with a service charge added of 10% or more.

When the total reported to you is less than 8%, you must allocate the difference between the actual tip income reported and 8% of gross receipts. There are three methods for allocating tip income:

  • Gross Receipt Method
  • Hours Worked Method
  • Good Faith Agreement

Employers can request a lower rate (but not lower than 2%) for tip allocation purposes by submitting an application to the IRS. Detailed instructions for computing allocation of tips, reporting allocated tips to employees, and for requesting a lower rate can be found in theInstructions for Form 8027. (PDF)

Note: The amount shown as allocated tip income is for information purposes only. You are not required to withhold Income or Social Security taxes on the allocated tip income. The amount of tip income allocated to each employee is shown in box 8 of their Form W-2.

Tip Reporting Requirements for Employers

Employers who operate large food or beverage establishments must file Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips (PDF) to report employee tip income. A large food or beverage establishment is defined as business where all of the following apply:

  • Food or beverage is provided for consumption on the premises
  • Tipping is a customary practice
  • More than 10 employees, who work more than 80 hours, were normally employed on a typical business day during the preceding calendar year.

A worksheet for determining whether a business meets the criteria listed above is included in the Instructions for Form 8027. (PDF)

Source: www.irs.com

( click this link to see how to handle tips in restaurant with ezPaycheck Payroll Software)

small business payroll software

purchase payroll software now free download payroll accounting software

 

Is there any totally free payroll software?

by admin 31. March 2011 11:01

Some user wrote to us recently and asked why he needs to pay $59 each year to update payroll tax tables because some company already provided free payroll service (He did not mention the name.)

I do not know if there is totally free and reliable payroll software in market. But I know it is not an easy job for our programmers to keep our tax tables and forms up-to-date. Based on my experience, when you are using free software you normally get what you paid for. Free payroll software can end up the most expensive if it fails to give accurate and current data.  

However it is always a good idea to download and try payroll software for free before purchasing. Each company is unique. The best way to know if a payroll software works for you is to use it. That is why we offer users 30-day free trial. 

small business payroll software

purchase payroll software now free download payroll accounting software

 

Each Paycheck Is On Time, Small Businesses Enjoy The Big Benefits Of Payroll Software From Halfpricesoft

by admin 21. March 2011 17:22

Payroll is one of the most important tasks about running a business. After all, employees want to get the paychecks on time. However calculating payroll taxes can be very time-consuming. Designed with non-accountant business owners and managers in mind, Halfpricesoft has released the new edition of ezPaycheck 2011, which automates payroll tasks for small businesses.

 

"No two small businesses or non-profits are exactly the same. They all have different needs and requirements,” Dr. Ge said. “Updates in the 2011 edition of ezPaycheck include several features commonly requested by customers who like the software but need additional flexibility."

 

The new features of ezPaycheck 2011 payroll application include Customizable Payroll Reporting Feature, Auto-fill Paycheck Data Feature, Customizable Tax and Deduction Features, Employee List Export Feature, Income tax rate updates and Tax form updates, which make the 2011 edition more powerful and flexible than ever.

 

This affordable payroll software is suitable for any small- to mid-sized business or non-profits, because of the big benefits.

 

1) EASY TO USE

- User friendly interface design and Windows menus make ezPaycheck payroll software quick and easy to set up, use and understand.

 

2) EFFICIENT

- Works within ezPaycheck payroll accounting software, so there's nothing new to learn and no double entry.

- ezPaycheck payroll software help user save money by printing your checks on blank computer checks.

- Support Tax Forms W2, W3, 940 and 941.

 

3) FLEXIBLE

- Tax tables and calculations for all 50 states and D.C

- Accommodates any combination of incomes, deductions, taxes and benefits. Also accommodates multiple companies, each with unique setup information.

- Supports customized Wages or Deductions to handle commissions, tips in restaurants or the special local taxes.

- Support for daily, weekly, biweekly, semimonthly and monthly payroll periods

 

4) AFFORDABLE

- Instead of paying $200 a month to some payroll company, user can only spend $89 a year for all payroll needs.

 

5) 30 DAYS FREE

- Download and try this payroll software free for 30 days. No registration needed. No obligation.

 

To make sampling ezPaycheck 2011 even easier, the free download includes a sample database. Customers do not have to waste time entering employee data before sampling the software’s many features.

 

ezPaycheck payroll software is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

 

Businesses owners and managers who like to issue each paycheck on time, can learn more about  ezPaycheck payroll tax solution by downloading and trying it for free for 30 days at http://www.halfpricesoft.com/payroll_software_download.asp

 

Or check the video ezPaycheck Made Your Payroll an Easy Job

http://www.youtube.com/watch?v=JISurtSXoZ0

small business payroll software

purchase payroll software now free download payroll accounting software

ezPaycheck new version released on Year 2011 Form 941

by admin 14. March 2011 06:09

We have released the new version of ezPaycheck 2011 software

Version: 3.1.6

Date published: 3/10/2011

Main update: Year 2011 Form 941 

Who need to update

You can check your current version by clicking the top menu "help->about ezPaycheck" or "help->Check for updates". 

If you are using the old version and need to file form 941, you can download the new ezPaycheck 2011 update package. 

Cost

ezPaycheck 2011 update package is totally free for the current ezPaycheck 2011 users. If you are using ezPaycheck 2010 or earlier version, you need to purchase ezPaycheck 2011 key at $59.  

How to update

You can download and install the latest ezPaycheck package to update ezPaycheck by a few clicks. 

Please follow the instructions on screen.  Your data should be safe during this process. However, we always suggest you back up your data first. (Learn more about back up at: http://www.halfpricesoft.com/articles/sb-payroll-backup.asp )

ezPaycheck 2011 update package

http://www.halfpricesoft.com/payroll_software_update_2011.asp 

Full version is available at

http://www.halfpricesoft.com/payroll_software_download.asp

*****

To learn more about ezPaycheck, please visit: http://www.halfpricesoft.com/index.asp

Or check the video ezPaycheck Made Your Payroll an Easy Job
http://www.youtube.com/watch?v=JISurtSXoZ0

 small business payroll software

purchase payroll software now free download payroll accounting software

 

New Tax Deduction & Exemption Options Designed for Churches & Non-profits Included in 2011 Release of ezPaycheck

by admin 18. February 2011 04:20

New options for setting up tax deductions customized to individual employees makes the 2011 edition of ezPaycheck payroll software ideal for non-profits and businesses with unique tax situations. Churches and other religious organizations, who don’t deduct FICA taxes for clergy members, will find these new control features particularly appealing.

Developed by Halfpricesoft.com and available for as little as $89 per installation, ezPaycheck 2011 is a payroll processing software designed especially for small businesses and non-profit organizations. As with all small business software titles from Halfpricesoft.com, ezPaycheck is known for its ease of use, flexibility and affordability. The software is available online at http://www.halfpricesoft.com/index.asp.

“ezPaycheck has always had highly flexible options for setting up deductions and other payroll factors that fit the needs of our customers,” said Halfpricesoft.com’s founder Dr. Ge. “But a portion of our customers have unique tax and deduction circumstances that were difficult to manage with previous editions of ezPaycheck. The new features added to the 2011 edition meet those needs while maintaining the ease of use that ezPaycheck customers have come to love.”

In addition to the new deduction set-up features, updates to the 2011 edition of ezPaycheck also include:
- Updated income tax tables with 2011 rates for all 50 states, Washington D.C., and federal taxes.
- Custom payroll reports feature allowing users to program specific report dates. Previously available quarterly and annual report options are still available in the 2011 edition.
- Increased exporting options make ezPaycheck 2011 data and reports easier to use with other software, such as Halfpricesoft.com’s ezW2 software for printing W2 and 1099 forms.
- New auto-fill feature remembers certain information from previous payroll periods, such as pay period dates and check printing dates, and automatically supplies updated information on checks for the current payroll period. Employers save time and hassle.

Long-time users of ezPaycheck can still count on all the popular features of previous editions, such as the easy-to-use intuitive interface, flexible printing options for multiple check formats, Form 940 and Form 941 printing, and flexible check report options.

ezPaycheck 2011 is available for free download and 30-day trial

To ensure that ezPaycheck 2011 meets each customer’s needs before purchasing, Halfpricesoft.com has made the software available for a free 30-day trial. Customers can simply go to http://www.halfpricesoft.com/payroll_software_download.asp and download the software without charge or obligation. To make test-driving ezPaycheck 2011 even easier, the software download includes a sample database, so customers don’t have to waste time entering data before sampling the software’s many features.

All the features of the ezPaycheck 2011 full version, except check printing, can be used for up to 30 days without charge. To unlock full, unlimited use of ezPaycheck 2011, license keys can be purchased online for as little as $89 per installation.

To learn more, please visit: http://www.halfpricesoft.com/index.asp

Or check the video ezPaycheck Made Your Payroll an Easy Job
http://www.youtube.com/watch?v=JISurtSXoZ0

 small business payroll software

purchase payroll software now free download payroll accounting software

 

Q&A on Year 2011 Payroll Tax Cut

by admin 30. December 2010 03:38

 

The Tax Relief Act was signed into law by President Obama on December 17, 2010. Followings Q&A will help you better understand the payroll tax cut.

 

Q: What are the changes caused by recent Tax Relief Act?

A: For Year 2011, the employee tax rate for social security is reduced to 4.2%. The employer tax rate for social security remains unchanged at 6.2%.

 

Q: Are all employers affected by this payroll tax cut?

A: Yes, all employers are impacted by this change from Jan 1, 2011. Both for-profit companies and nonprofit companies need to adjust their payroll processing for the Social Security tax rate.

Q: What should employers do?

A: IRS asked Employers should start using the new withholding tables and reducing the amount of Social Security tax withheld as soon as possible in 2011 but not later than Jan. 31, 2011.

For any Social Security tax over withheld during January, employers should make an offsetting adjustment in workers’ pay as soon as possible but not later than March 31, 2011

 

Q: What impact will this have on employees?

A: Millions of workers will see their take-home pay rise during. This reduced Social Security withholding will have no effect on the employee’s future Social Security benefits.

 

Q: Has Year 2011 Federal Tax Rate Changed?

A: Employer can find it at http://www.halfpricesoft.com/Federal_income_tax_2011.asp.

 

Q: Will all employee see the bigger checks in Year 2011?

A: No, 51 millions will take home less

 

Halfpricesoft.com released the new version of ezPaycheck payroll software which includes the latest new tax tables released by the Internal Revenue Service. These tax tables incorporate the changes introduced by the Tax Relief Act, which was signed into law by President Obama on December 17, 2010.

small business payroll software

ezPaycheck payroll software is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

Learn more about ezPaycheck payroll software at http://www.halfpricesoft.com/index.asp

purchase payroll software now free download payroll accounting software

 

ezPaycheck 2011 Payroll Software Updates Payroll Tax Withholding Table Includes The New Tax Cut by Tax Relief Act

by admin 27. December 2010 08:38

The Tax Relief Act was signed into law by President Obama on December 17, 2010. 

Millions of workers will see their take-home pay rise during 2011 because the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides a two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2 percent to 4.2 percent of wages paid. This reduced Social Security withholding will have no effect on the employee’s future Social Security benefits.

The new law also maintains the income-tax rates that have been in effect in recent years.

 

For Year 2011, the employee tax rate for social security is reduced to 4.2%. The employer tax rate for social security remains unchanged at 6.2%. 

The IRS asks that employers start using the new social security rate as soon as possible in Year 2011 but not later than January 31, 2011.

For Year 2011 tax tables, please visit

http://www.halfpricesoft.com/Federal_income_tax_2011.asp

 

Halfpricesoft.com released the new version of ezPaycheck payroll software which includes the latest new tax tables released by the Internal Revenue Service. These tax tables incorporate the changes introduced by the Tax Relief Act, which was signed into law by President Obama on December 17, 2010.

ezPaycheck payroll software is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

Learn more about ezPaycheck payroll software at http://www.halfpricesoft.com/index.asp

purchase payroll software now free download payroll accounting software

 

ezPaycheck 2011, New Payroll Software Is Shipping for Small Businesses and Accountants

by admin 18. December 2010 05:14

Newly released 2011 edition of ezPaycheck payroll software from Halfpricesoft.com gives small and mid-size businesses more options and flexibility in doing payroll and printing checks than ever before.

 

ezPaycheck payroll software is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

 

"We intentionally engineered this software for those end-users who are not professional accountants and payroll tax experts," explains Dr. Mark Ge, President and Founder of ezPaycheck. "You don't even need to have much knowledge of computers. We believe small business software should be simple - stupid simple - so that owners can focus their time and energy on running their businesses, not trying to figure out how to run payroll software."

 

Small business owners love ezPaycheck payroll software because it is simple and flexible to use, handles all their payroll needs and is very affordable. ezPaycheck payroll tax application is designed for use by non-accountants with minimal computer skills. However, even accountants like it because it is so flexible and supports unlimited accounts with one flat rate.

 

Despite its simplicity and ease of use, business owners should not mistakenly think ezPaycheck payroll software  is short on features. ezPaycheck is packed with all the features a small business needs to run payroll accounting jobs quickly and easily, including:


- Up to date tax tables for all 50 U.S. states, Washington D.C. and federal taxes
- Capability for adding local tax rates
- Automatically calculate tips, commissions, federal withholding tax, Social Security, Medicare tax, employer unemployment taxes, and other pre-tax and post-tax deductions
- Print paychecks using a standard laser printer on blank computer checks or preprinted checks
- Use check-in-middle, check-on-top, or check-at-bottom check stock formats
- Able to print MICR numbers on blank check stock to save on pre-printed checks
- Print signature image on checks for a customized look
- Built-in report functions users can customize
- Calculate and print daily, weekly, biweekly, semimonthly and monthly payroll periods
- Option for masking employees' Social Security Numbers on check stubs
- Compile and print federal tax forms w2, w3, 940 and 941
- Unlimited free technical support

 

User can download this payroll software from http://www.halfpricesoft.com/payroll_software_download.asp  and try it free for 30 days. No registration needed, no obligation and totally risk free.        

 

The ezPaycheck payroll tax software can be used to report employee wages and salaries to federal, state, and local agencies, with a duplicate copy for the employee. And the double-window check envelopes eliminate the need to hand-write or re-print addresses, saving time and money.

 

Even those who are not good at math can add "two plus two" and figure out that by offering software that is both inexpensive and "stupid simple" to use, the ezPaycheck company has created a revolutionary new product. And it is available just in time for payroll tax season, which may be the best gift small business owners can wish for at the end of a long and challenging and hopefully successful and profitable sales year.

 

Please visit http://www.halfpricesoft.com/index.asp for more details.

 

Or check the video ezPaycheck Made Your Payroll an Easy Job

http://www.youtube.com/watch?v=JISurtSXoZ0


purchase payroll software now free download payroll accounting software

How to handle tips with ezPaycheck payroll software in restaurants?

by admin 10. December 2010 10:31

Restaurant payroll is very special because you need to handle tips.

For example: You need pay your waitress $95, and her tip is $50. So you need to report $145 to the government. However, you just need to pay her $95 in the paycheck.

Can ezPaycheck payroll software handle it? Yes, ezPaycheck can work for your restaurant payroll.

In this case, you can add a customized deduction such as "Paid Tips" and deduct this amount from your paycheck. 

Followings are the steps:

Step 1: Add a new deduction

  • Start ezPaycheck application. (If you have not installed it, you can download ezPaycheck from http://www.halfpricesoft.com/payroll_software_download.asp)
  • Click the left menu “Company Settings->Deductions” on left menu and open the Company Deduction Setup.
  • Check one Customized deduction, and then click the button behind it to open Deduction Details form.
  • Input "Paid Tips" as the new name.
  • Click the “Save” button and closed Deduction details page.
  • Click the "Save" button on Company Deduction Setup form to update database.

 


restaurant payroll software

Step 2: Generate a new check

After you add this deduction, you will see a new deduction field in your paycheck. When you generate a new check, you just need to enter your hourly pay, tips and paid tips. ezPaycheck will handle the taxes for you.

restaurant payroll software

To learn more about ezPaycheck payroll software, click here

http://www.halfpricesoft.com/index.asp

Payroll Software Combo Simplifies Payroll Today & Readies Businesses for 2011

by admin 7. December 2010 09:16

 

Small business payroll tax software developer Halfpricesoft.com is making it easy for business owners to speed up end-of-the-year payroll reports and get ready for 2011 payroll with a new combo package for its popular small business payroll software ezPaycheck.

 

Small business owners who purchase ezPaycheck 2010 from halfpricesoft.com for the low price of $89 now through December 31 can get the 2011 edition of ezPaycheck for just $1 more with the ezPaycheck 2010 + 2011 combo package from Halfpricesoft.com.               

 

Now is the time for small business owners to get started on ezPaycheck payroll tax solution. End-of-the-year payroll reports are faster and easier with automated processes, giving business owners more time to spend holidays with their families. Plus, with the ezPaycheck 2010 + 2011 combo package, small businesses can be ready to go for the new tax year with updated tax tables and new features previously unavailable for just an additional $1. Business owners won’t get stuck continuing to do payroll by hand because the post-holiday crush keeps them too busy to install and learn new payroll software.

 

ezPaycheck payroll software is very user-friendly, straight-forward and reliable. It was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

 

"We believe small business payroll accounting software should be simple - stupid simple - so that owners can focus their time and energy on running their businesses, not trying to figure out how to run payroll software." explains Dr. Ge, President and Founder of halfpricesoft.com. “We intentionally engineered ezPaycheck payroll tax software for those end-users who are not professional accountants and payroll tax experts."

 

Here are some of the great features business owners can start taking advantage of today by purchasing the ezPaycheck 2010 + 2011 combo package:

 

- Up to date tax tables for all 50 U.S. states, Washington D.C. and federal taxes

- Capability for adding local tax rates

- Automatically calculate tips, commissions, federal withholding tax, Social Security, Medicare tax, employer unemployment taxes, and other pre-tax and post-tax deductions

- Print paychecks using a standard laser printer on blank computer checks or preprinted checks

- Use check-in-middle, check-on-top, or check-at-bottom check stock formats

- Able to print MICR numbers on blank check stock to save on pre-printed checks

- Print signature image on checks for a customized look

- Built-in report functions users can customize

- Calculate and print daily, weekly, biweekly, semimonthly and monthly payroll periods

- Option for masking employees' Social Security Numbers on check stubs

- Compile and print federal tax forms 940 and 941

- Generate forms W-2 and W-3 automatically

- Unlimited free technical support

 

Purchasing the ezPaycheck 2010 + 2011 combo package is risk free for business owners. The software is available for free download at http://www.halfpricesoft.com/index.asp and includes all features of the 2010 edition except check printing. Users can sample the software for up to 30 days to ensure it meets all their needs before purchasing. Users can purchase a license key for just $89 for unlimited use of ezPaycheck 2010 and just $1 more for unlimited use of ezPaycheck 2011.

 

To make sampling ezPaycheck 2010 even easier, the download package includes a sample database, so users don’t have to waste time entering payroll information until they’re certain that ezPaycheck is right for their business.  

For more information about ezPaycheck and Halfpricesoft.com, please contact

http://www.halfpricesoft.com/index.asp

 

Special Offer Extended on ezPaycheck Small Business Payroll Software

by admin 30. November 2010 04:35

halfpricesoft.com has extended the limited time special offer for customers who are planning to purchase small business payroll software during this holiday season. Users can purchase ezPaycheck 2010 and ezPaycheck 2011 Payroll Software bundle at $90. The regular price of ezPaycheck is $89. That means if users purchase ezPaycheck 2010 at the regular price, they can get ezPaycheck 2011 at just $1. Since ezPaycheck allows user to input YTD information, user can start to use this payroll software anytime. User can visit http://www.halfpricesoft.com/index.asp for more details.

 

"We intentionally engineered this software for those end-users who are not professional accountants and payroll tax experts," explains Dr. Ge, President and Founder of ezPaycheck. "You don't even need to have much knowledge of computers. We believe small business software should be simple - stupid simple - so that owners can focus their time and energy on running their businesses, not trying to figure out how to run payroll software."

 

Small business owners love ezPaycheck payroll software because it is simple and flexible to use, handles all their payroll needs and is very affordable. ezPaycheck payroll tax application is designed for use by non-accountants with minimal computer skills. However, even accountants like it because it is so flexible and supports unlimited accounts with one flat rate.

 

In this era of increasingly sophisticated and pricey software, consumers are normally forced to purchase payroll and tax software in a bundle with other applications - and it costs a bundle of money. But according to Dr. Ge, that isn't fair to small businesses. "I do not think small business owners should have to pay for features they do not want and will never need to use," he says. "So we made ezPaycheck an easy-to-use stand-alone desktop application, not some big and complicated suite."

 

But while ezPaycheck payroll software minimizes the bells and whistles to make it easy to set up and use, it delivers much more than just the bare bones essentials. Valuable features include:

 

- A sample company database so no configuration is needed. Just install the software and you're automatically ready to print the first sample check.

 

- Prints your own payroll checks on blank computer checks or preprinted checks.

 

- Automatically calculates Federal Withholding Tax, Social Security, Medicare Tax and Employer Unemployment Taxes.

 

- Includes built-in tax tables for all 50 states and the District of Columbia.

 

- Creates and maintains payrolls for multiple companies, and does it simultaneously. Thanks to this multi-tasking feature, ezPaycheck software is even used by professional accountants to help process multiple client workloads at the same time.

 

- Supports Daily, Weekly, Biweekly, Semi-monthly and Monthly payroll periods. Features Report Functions, Print Functions, and Pay Stub Functions.

 

-Supports Forms W-2, W-3, 1099, 1096, 940 and 941.

 

- 30 day free trial. No registration required and absolutely no obligation.

 

-Supports unlimited accounts and employees with one flat rate

 

Even those who are not good at math can add "two plus two" and figure out that by offering software that is both inexpensive and "stupid simple" to use, the ezPaycheck company has created a revolutionary new product.

 

For more information about ezPaycheck payroll software, please visit
http://www.halfpricesoft.com/index.asp


or go to the video "ezPaycheck, the effective payroll solution"
http://www.youtube.com/watch?v=JISurtSXoZ0

What to expect in 2011 Income taxes - Higher?

by admin 8. November 2010 03:14

What are the changes might happen on the coming 2011 online tax return software season? Try to analyze certain things regarding what to expect in 2011 income taxes. It can affect life of different people – small or big.

Unexpected Increase – What to expect in 2011 income taxes? It’s expected that the congress might increase taxes for this coming tax season. This increase can affect both businesses and individuals – especially those people who are
not yet married that can earn $200,000 a year and married couples that can earn $250,000 a year. In no time, middle incomers can also experience this increase.

Higher Taxes for major changes – This increased is designed to simplify the tax codes. If the legislation do some
tax cuts they will also do the tax hikes in later time. Let’s say tax increase takes effects on 2011 and assuming
that the economy is growing steadily at this point deficit can be the first priority so that debt can be unsustainable.

Here are the things what to expect in 2011 income taxes:

•    Marginal rates increased from 33% and 35% to 36% and 39.6%.
•    Increased capital gains and dividends – for those in the top brackets. Perhaps it can cause 20% rate or little bit higher.
•    President Obama maximizes the value of deductions at 28% and giving it to charitable groups plus he tries to curtail tax break until 2011.
•    No cancelled estate taxes, but if the exemption is $3.5 Million it can set to $5 Million if the Senate agrees. The estate legislation may include the spousal transfer and can make the exemptions to $7 Million or more for couples.
•    Easiest way to get the minimum tax but no repeal.For businesses here are the things what to expect in 2011 income taxes – it can experience lots of cuts and hikes, but in a higher total tax bill. Here are the changes:
•    Increased SECA taxes for the owners of S firms and partnerships by disabling them in skirting of payroll taxes.
•    New classification for workers who are a real employee but treated as a contractor.
•    And for big corporations – elimination of tax breaks like domestic production deduction, depreciation acceleration, foreign income incentives and oil production.

In no time tax hikes will make a collision to people especially businesses. Anyone can stay clear of this mess by just avoiding spending lots of money in Social Security, Medicare and Defense. Meanwhile, any individual who can earn $100,000 in a single year can be at risk for higher taxes.

These increase can make lots of people unhappy even you! But, you can definitely have a lot of advantages, if you use online tax return software in 2011, like turbo tax. That is because they guarantee highest refund and also the
refunds come pretty quickly.

source: http://www.release-news.com/index.php/finance/46054-2011-irs-income-tax-return-what-to-expect-in-2011-income-taxes.html

Author of this article: Rahul

New York City withholding tax rate change effective Sepetember 1, 2010

by admin 23. August 2010 10:00
New York City withholding tax rate change

Rate change effective September 1, 2010

  • If you have employees making more than $500,000 who are subject to New York City withholding, revised withholding tax computation rules may affect your payroll made on or after September 1, 2010. 
  • Calculate new withholding tax amounts using Publication NYS-50-T.2, Revised New York City Withholding Tax Computation Rules. 
  • A new Form IT-2104, Employee's Withholding Allowance Certificate, is also available. Employers should begin using the revised Form IT-2104 immediately.

Just a reminder
To avoid penalties, it's important to file and pay withholding tax on time and accurately report employee wage and withholding information.  See Publication NYS-50, Employer's Guide to Unemployment Insurance, Wage Reporting, and Withholding Tax for more information.

Source: http://www.tax.state.ny.us/wt/rate.htm

Tags: , , , , ,

Payroll taxes

  • ezPayCheck Payroll Software
  • ezCheckPrinting - Business Version
  • Home
  • Federal Tax Tables
  • ezCheckPersonal - Personal Version
  • Support
  • Federal Payroll Taxes
  • ezW2-W2 1099 software
  • Download
  • State Tax Site
  • ezBarCodePrinting
  • Purchase
  • State Tax Site
  • ezTimeSheet
  • links
  • Please Share It