Top Headlines
Martin Luther King Jr. Day Check Processing
January 9, 2012
Due to the holiday, payroll checks cannot be dated for January 16, 2012. The banks and U.S. Postal Service are closed. Please allow an extra day for payroll processing, especially if you utilize Choice Payroll's Automatic Tax Filing & Direct Deposits. If your payroll date is 1/17/2012, your Direct Deposit, and/or Tax Filing funding(s) will be debited from your bank account on 1/13/2012.
Federal Unemployment Tax (FUTA) Taxes to Increase for 2011 and 2012
December 29, 2011
Employers in twenty states will pay increased Federal Unemployment Tax (FUTA) taxes in January 2012 (for wages paid in 2011) in order to repay state unemployment insurance loans. Unfortunately, Georgia is on that list. Click link above to learn more.
Social Security Payroll Holiday Extension Update
December 29, 2011
On Friday, December 23, the Temporary Payroll Tax Cut Continuation Act of 2011, a 2-month extension of the payroll tax cut was signed. This means the employee social security rate will remain at 4.2% through February 29, 2012. Choice Payroll has updated the tax rate to 4.2% for January and February 2012 processing.
The law also includes a new provision affecting employees who receive more than $18,350 in wages during January and February. The provision imposes an additional income tax amount equal to 2 percent of the amount of wages they receive during this time period; the additional 2.0% will cap at $110,100. This additional tax is an add-on to tax liability that the employee would otherwise pay for 2012. The tax will be payable in 2013 on the employee’s 2012 income tax return.
We continue to closely monitor this legislation and will relay any additional updates.
Choice Payroll Wins IPPA Growth Award
January 13, 2009
The Independent Payroll Providers Association (IPPA) honored Choice Payroll this week with the 2008 Growth Award. The award was accepted by Founder and President, Lori Winters, at the IPPA's Annual Conference in San Antonio. The Growth Award is given to the payroll company that achieves the greatest dollar revenue growth in the past 12 months.
Choice Payroll Welcomes The Standard as Our Newest 401(k) Partner
August 1, 2008
Choice Payroll has signed our newest 401(k) partner The Standard to better serve our clients. Approximately 8 million people across the country depend on The Standard for financial products and services to help them confidently pursue their dreams. With this new partnership, our combined services offer seamless integration with payroll. Now our clients can reduce the amount of time they spend gathering and transmitting data because Choice Payroll ensures retirement information is automatically transferred from payroll records to retirement plan administration.
Choice Payroll Launches New Website
July 31, 2008
Choice Payroll announced today its brand new website with the help of Misenheimer Creative, Inc. and Agency Fusion. Now clients and prospective customers will find it ever easier to find the information they need when they need it.
Choice Payroll Meets SAS70 Challenge
April 12, 2008
Choice Payroll announced today that it has successfully completed the certification process for SAS 70 Type 1 compliance, in conformity with the controls and objectives of leading independent auditor, Houdyshell & Associates
