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Vision Trivia | |
Question:
What do Albert Einstein, Tom Cruise and Walt Disney have in common?
Scroll Down to find the answer! |
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Vision Trivia | |
Answer:
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Words of Wisdom | |
"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great."
-Mark Twain |
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| Greetings! |
Welcome to Vision Payroll's newsletter that keeps
you up-to-date on the latest news, tips and hot topics in payroll and beyond. |
| Social Security Tax Rate on Employees Reverts To 6.2% of Taxable Wages |  The temporary decrease of the social security tax rate to 4.2% has expired with the end of 2012. Beginning in 2013, the social security tax rate on employees reverts to 6.2%.
Net Pay Will Decrease Approximately 2%
Employees will notice a decrease in net pay by about 2% of gross pay. For example, if gross pay is $1000, net pay would decrease by $20. An adjustment must be made for items that reduce social security taxable wages such as §125 cafeteria plans.
...Click Here to finish reading the article. |
| Featured Product: Online Payroll |  Processing payroll online gives each company much more freedom when doing payroll. Being able to see every piece of information about any employee at any time, cutting manual checks easily or running unlimited, customizable reports are just a few of the features.
Payroll online makes it easier to see how raises will affect your employees' taxes or what your check register will look like before it's processed.
With our Internet based software, you can do payroll from anywhere. No more worries when you go on vacation. If you need a report and you aren't at the office, login and you have it.
With payroll online, you control the information flow and get anything you need when you need.
Email or call us today at 978.840.1635,to setup a demo. |
| Timely Tip: IRS Increases Standard Mileage Rate to 56.5 Cents per Mile for 2013 |  The standard mileage rates for the use of automobiles beginning January 1, 2013 will be 56.5 cents per mile for business miles driven and 24 cents per mile driven for medical or moving purposes the Internal Revenue Service announced in Notice 2012-72 and News Release IR-2012-95.
Both Rates Are Higher than 2012 Rates
The new rates are changed from 55.5 cents per mile for business travel and 23 cents per mile for moving and medical travel for 2012.
...Click Here to finish reading the article. |
| Did You Know... |
The following capital letters are the same when viewed upside down: H, I, N, O, S, X, Z.
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| Q&A: Why Did My Paycheck Go Down in 2013? |  This week's question comes from Courteney, an office manager.
Courteney asks:
I just received my first 2013 paycheck and it is a lot less than my last check from 2012. Why did my paycheck go down in 2013?
Answer: The biggest impact most employees will see is the impact of the social security tax rate reverting to 6.2% after being 4.2% for 2011 and 2012.
...Click Here to finish reading the article |
| Client Spotlight: Gardner Ale House | 
Started by home brewer Rick Walton in the summer of 2006, Gardner Ale House is a family-oriented brewpub and restaurant.
Yes! They make their own beer. Actually, they try to make their own everything. The menu can be described as a casual, bistro style, which means it's as fresh as they can make it. There are kids' choices too. Located in the middle of downtown Gardner, their rustic interior echoes the past and their vibrant façade with flower boxes and large windows invites you in. They usually have 7 or 8 of their own award-winning beers on tap and feature live music Thursday thru Monday.
Visit www.gardnerale.com to see what's up or just drop in at: 74 Parker St. Gardner, MA. |
| FAQ | |
When is the latest time I can submit my payroll?
We would like your payroll two business days before the check date, preferably before 2 PM. If submitted after that time, we will try our best to get everything done and out on time; however, we can't guarantee anything after that will make the direct deposit or delivery schedule cutoff.
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