An increasing number of cities and states are requiring businesses to offer a certain number of sick days to their workers. Most businesses do offer some sort of sick leave or the more general paid time off that can be used as needed. However, some businesses do not offer sick days and some even vehemently oppose it, arguing it would severely affect the bottom line having to pay someone for not working, especially in part-time or hourly wage positions.
Supporters of paid sick leave argue that it is just the right thing to do and it can keep germs from spreading. Others point out that oftentimes low-wage workers who are less likely to have sick days offered, often are the ones who can’t afford to take days off unpaid and need the mandatory paid sick days. Some studies have suggested even if sick days are offered, oftentimes not all of them are taken anyways and they do not affect the bottom line as much as the opponents of the laws suggest.
Question: Does your business offer sick days? Why or why not?
For more information read Laws on Paid Sick Leave Divide Businesses.
If you install our software or any of our trials on your Mac and get the message “PR14_0_0_MacUpdate.pkg can’t be opened because it is from an unidentified developer”, fret not! By default Apple has changed the security settings to only allow installation of apps from the Mac App Store and identified developers.
To change this permanently or temporarily go to System Preferences > Security & Privacy. On the General Tab click the little lock in the lower left corner to unlock the general preference pane. BOOM- you’re done!
No matter anyone’s beliefs on the marijuana industry, it’s undeniable that more and more states are legalizing it for medical purposes and even some, like our own Colorado, for recreational purposes. Although the federal government still says it’s illegal, many entrepreneurs are taking the leap anyways and jumping into the business, expecting it to take off…and some are finding great success in a new industry with little competition. The federal government has said it won’t interfere with states where marijuana is legal, except in the cases where it’s being moved by drug cartels or being sold to minors…in fact, the federal government is looking to pass a bill where it would be like alcohol and up to the states to decide how to regulate and handle it.
Colorado’s retail marijuana dispensaries just opened at the beginning of this year. These dispensaries are required to also grow their own product. A majority of the taxes on it, which is similar to taxes on alcohol and cigarettes, goes to Colorado schools, which are some of the lowest funded per capita in the United States. Colorado has also seen some new businesses pop up in relation to marijuana sales such as marijuana-infused bakeries and marijuana tours where they drive you around. Much like alcohol, you cannot drive under the influence or use in public.
Here in Colorado it sounds as if the opening of the marijuana dispensaries was a little lackluster: yeah, some lines, but the state sure wasn’t a crazy Cheech and Chong adventure. Perhaps it will add to the tourism industry in Colorado but otherwise, maybe business as usual? What do you think will happen? Do you think the federal government will leave it to the states to regulate and focus on drug cartels instead? Do you think these entrepreneurs will find the profits they seek?
If you want to see some numbers and learn more, the Wall Street Journal did a long article on the new industry.
CheckMark 1099 Software is our youngest software but is quite a powerful tool! If you are still scrambling for something to use this year, it might be a great option for you- running unlimited recipients and companies for 1099-MISC, -INT, -DIV, -S, and -R on both Mac and Windows. Easy import features makes 1099s a fast and easy process.
With the print version, you can use preprinted forms for any 1099 the program handles or for 1099-MISC only, you can use a combination of blank 4-up perforated sheets, preprinted Red Copy A, and preprinted 1096. At $69 the program is a steal.
The efile option does everything the 1099-Print software does, but can also e-file with an IRS Transmitter Control Code (TCC) which you can request through the IRS website. The E-file software is $139, no matter how many 1099s you efile!
Learn more about the features on our website or check out the demo to see how easy the program really is. And please contact us with questions- we’d love to help!
At CheckMark we strive to offer the best and most efficient service possible with our small but hard-working team. Here are some of the characteristics we strive for in our service to you:
Thank you for your business!
Before you can send the file you create in Payroll, you need to go to the Social Security Administration website and get registered to file electronically: http://www.ssa.gov/employer/
After you register, it takes 5-7 days for the SSA to send you your USER ID # you’ll need to file. Once that is received, you can setup payroll to create the file.
• Click on W-2 & W-3 Statements under Reports
• Select the EFW2 File radio button and make sure “Federal” is in the drop down list
• Click on the EFW2/W3 Setup button & fill in the fields on this window. The User ID, is the number you receive from the SSA after registering. The WFID is not filled in unless this is a resubmission.
Once this screen is complete, click OK. Next, click on the “Text File” button at the top left of the window and save this file to a location where you can easily find it. Leave the name of the file as W2Report.txt. Once this is done, you can login on the http://www.ssa.gov/employer/ and follow the SSA instructions to submit the file.
President Obama has recently nominated John Koskinen for the new IRS Chief. Koskinen’s goal is to restore the public’s faith in the IRS.
The IRS has been going through some tumultuous times between lacking a commissioner for over a year, extensive budget cuts, the new healthcare mandate, an aging workforce, and criticism over the debacle of Tea Party groups receiving stricter treatment when applying for tax-exempt status.
Koskinen is currently director of AES Corp. and American Capital Ltd., part of the mortgage industry. He’s been found as a controversial nomination to some due to a lack of background in tax.
Discussion: What do you think? Do you think Koskinen is the right person to lead the IRS forward? If not, who would you nominate and why?
Read more: http://www.accountingtoday.com/news/obama-pick-for-irs-chief-pledges-to-rehabilitate-tax-agency-68956-1.html?ET=webcpa:e9694:2881121a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=tpt_121113&taxpro
They are two separate programs and are not connected in any way. So if you have already purchased the 2014 payroll program and are waiting until Jan to install… don’t… go ahead and install now… most of our downloads have an expiration time of 7 days, and you will want to downloaded before it expires. If you have not purchased the 2014 Payroll program because you are worried it will stop your 2013 Payroll from working, don’t let that stop you from ordering. You can continue working in your 2013 Application without the 2014 application affecting your current payroll in any way. And if you download and install now, you will “avoid the crowds”. When everyone is downloading at the same time after the first of the year, it slows down our server and the downloads can either be very slow or not download at all forcing you to call our support during the busiest time and it may be hard for us to get back to you quickly during that time.