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Aiding your employees with Form W-4


Employees don't always take the task of filling out their W-4 forms seriously. They may write "exempt" on the withholding portion of the form, or even claim a false high number of withholding allowances to ensure that no federal or state tax is withheld. Here are some tips for handling exempt, invalid or questionable W-4s.

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Important ACA Dates

With the implementation of the Affordable Care Act (ACA), it’s important to stay informed about important, upcoming dates for 2014. Navigating new regulations can be a daunting task, and the tax penalties given for failing to do so are intimidating, particularly for a small business. Even with a proper understanding of the ACA, sifting through old paperwork like timekeeping records is a waste of time which can stunt the growth of your business. At Payroll Specialties NW, we want to help you avoid ACA penalties and make your transition to compliance as smooth as possible by providing you with efficient, cost-effective payroll services.

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Businesses Required to Update Healthcare Insurance Coverage Per Affordable Care Act by 2014

On March 23, 2010, President Obama signed the Affordable Care Act (ACA) into law, putting in place comprehensive reforms that improve access to affordable health coverage for all Americans. Often referred to as “Obamacare,” the ACA features strong consumer protections, provides new coverage options and gives consumers the tools to make informed choices about healthcare that will roll out beginning next year. For local businesses, this may mean upgrades to health insurance standards that are currently not in place.

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