My experience with Amcheck never ceases to surprise me. It was so easy to build a relationship with our processor. She is everything you want when you work with a company--pure customer service! She is accurate, quick to respond to any email or call, and works with a sense of urgency. If I have any questions out of the ordinary, she researches it and gets back to me with an answer in a timely manner. I have even asked her to alert me regarding special circumstances and she has come through every single time. I feel like I have the Nordstrom's of Payroll services when I work with Amcheck! Thank you for making my job easy!!! - Janice C
- Wed | 21 Mar 2012
States Considering Minimum Wage Rate Changes
Some proposed state legislation would increase minimum wage rates. In a few states, there is legislation that would reduce certain components of the rate.
- Thu | 26 Jan 2012
OSHA 300 Log/Annual Summary Must be Posted by February 1, 2012
AmCheck reminds customers that their OSHA 300 Log must be completed, certified, and posted in a conspicuous place by February 1, 2012.
The log must be completed by any employer who had 11 or more employees at any time during 2011.
• Total the columns on the OSHA 300 Log. (If no recordable cases occurred, enter zeros for each column total.)
• Enter the calendar year covered.
• Enter the company name.
• Enter the establishment name.
• Enter the establishment address.
• Enter the annual average number of employees covered by the OSHA 300 Log.
• Enter the total hours worked by all employees covered by the OSHA 300 Log.
• For companies using an equivalent form other than the OSHA 300-A summary form, as permitted under § 1904.6(b)(4), the summary used must also include the employee access and employer penalty statements found on the OSHA 300-A Summary form.
A company executive must certify the log.
• Select a company executive: The executive must be 1) an owner of the company (only if the company is a sole proprietorship or partnership), 2) an officer of the corporation, 3)the highest ranking company official working at the establishment, or 4) the immediate supervisor of the highest ranking company official working at the establishment.
• Have the executive certify the log. The company executive must certify that he or she has examined the OSHA 300 Log and that he or she reasonably believes, based on his or her knowledge of the process by which the information was recorded, that the annual summary is correct and complete.
Post a copy of the log.
• Post a copy of the annual summary in each establishment in a conspicuous place or places where notices to employees are customarily posted.
• Verify that the log is not altered, defaced or covered by other material.
- Fri | 06 Jan 2012
2011 FUTA Credit Reduction
Several states have been identified as Credit Reduction States for the FUTA (Federal Unemployment Tax Act) tax, retroactive to January 1, 2011 and will be due on Federal IRS Form 940 by January 31, 2012. Employers in these states will be subject to a reduction in FUTA credit resulting from unpaid federal loans. Typically, employers pay federal unemployment taxes on the first $7000.00 in wages paid to each employee. Federal unemployment tax on taxable wages through June 30, 2011 was 6.2%. However, the IRS allows for a credit of 5.4% in effect making the rate .8%. This credit is allowed due to payment of state unemployment tax. When state unemployment insurance funds are depleted then states can borrow from the federal unemployment fund. The IRS requires the states to repay this money within 2 years. When this does not happen the Federal credit reduces by .3% each year until the debt is repaid, ultimately, increasing the Federal tax rate on wages paid.
Employers in these states below will be subject to a reduction in FUTA credit resulting from unpaid Federal loans.
State Credit Reduction
North Carolina 0.3%
New Jersey 0.3%
New York 0.3%
Rhode Island 0.3%
AmCheck will be handling the tax payment by doing a one-time adjustment . . .
AmCheck is diligently working on our clients' year-end filings which includes identifying the additional FUTA amounts due. The additional FUTA tax owed for clients in credit reduction states, identified above, will be drafted with the quarter and year-end adjustments and remitted to the IRS in the appropriate time frame and reported as required on the 940 returns. For more information directly from the IRS Click Here
- Tue | 17 Jan 2012
AmCheck announces today the availability of a powerful new web-based, ad-hoc reporting tool: WriteChoice. This innovative tool provides AmCheck Client administrators and key decision-makers with valuable business insights by enabling convenient extraction of important payroll and HR data and empowering users to quickly produce customized, sharable reports. WriteChoice is a valuable asset for those who manage operations across multiple employer identification numbers, allowing decision-makers to gain an enterprise-wide or division-wide perspective. Designed to maximize flexibility, WriteChoice streamlines reporting functions and administrative activities and provides users with significant new exporting and reporting capabilities.
This powerful new tool greatly expands the addressable dataset to include labor allocation information and from/to reporting. The datasets are designed to focus on specific groups to make selection fast and easy, but all contain common elements to eliminate the need to join datasets. The new reporting tool also supports cross-company consolidated reporting.
WriteChoice enables users to save and copy reports so they may be shared easily. In addition, it supplies advanced sorting, grouping, totaling and filtering functionalities, all while providing control over grid styles, colors and fonts. WriteChoice enables production of professional reports that may be customized with company logos and features advanced graph production capabilities. Reports may also be output in a number of data formats, including PDF, Excel and comma-separated text files.
Contact your local AmCheck Account Director or Service Representative for more information.