Monthly Archives: May 2016

Paychex Sees Small Business Job Growth Dip in May

The pace of small business job growth dropped slightly in May after a strong start earlier in the year, according to a new report from the payroll giant Paychex. The Paychex | IHS Small Business Jobs Index, which the company … Continue reading

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Getting Paid Is Only the Start

With better payroll software and enhanced payroll service bureau offerings, payroll has become one of those applications that you embrace one way or another — whether directly, with a third-party provider, or through referrals. And now payroll is boosting its … Continue reading

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Obama Administration Expands Overtime Pay Eligibility

The Obama administration expanded overtime eligibility for millions of workers Thursday, releasing a long-awaited rule change that the Labor Department estimates will extend overtime pay to 4.2 million more workers. The rule increases the salary threshold below which most white-collar, … Continue reading

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Millions of Millennials May Benefit From New Rule on Overtime

(Bloomberg) Burning the midnight oil is about to pay off for millions of U.S. millennials. The White House on Tuesday announced a new rule that will boost the number of Americans who qualify for time-and-a-half pay whenever they work more … Continue reading

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Time to Check Your Payroll Strategy

Many years ago, a seasoned CPA told me that providing payroll is like running a dairy farm—they both require a great deal of repetitive, day in, day out chores. And if you can’t keep up, you will have a bunch … Continue reading

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CITP Examination

Exam Overview The Certified Information Technology Professional (CITP®) credential was established for CPAs with the unique ability to bridge between business and technology while meeting the strict requirements for a CPA license, as well as additional training and experience in … Continue reading

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Employers Added 160,000 Jobs in April, Including 900 in Accounting

The U.S. Bureau of Labor Statistics reported Friday that total nonfarm payroll employment increased by a disappointing 160,000 jobs in April, although the unemployment rate remained unchanged at 5.0 percent. It was the lowest number of jobs created since last … Continue reading

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ADP Finds Private Sector Added 156,000 Jobs in April

Private sector employers added 156,000 jobs in April, according to payroll giant ADP, in a possible sign of a slowdown in the job market. Mark Zandi Small businesses with 49 or fewer employees added 93,000 jobs in April, about the … Continue reading

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Paychex Sees Steady Increase in Small Business Employment in 2016

Paychex reported a modest increase in small business employment in April for the fourth consecutive month. The Paychex | IHS Small Business Jobs Index, which the payroll giant compiles with the research firm IHS, ticked up modestly in April, increasing … Continue reading

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