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Leading Provider of Payroll, HR, Benefit Administration & Workers Compensation |
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| New IRS Commissioner Takes Office -
04-17-2008 |
New IRS Commissioner Takes Office. Douglas Shulman became the 47th Commissioner of Internal Revenue on March 24, 2008. He is the first to be appointed to this office since legislation was enacted in January (Pub. L. No. 110-176), setting a five-year term for the IRS Commissioner, subject to reappointment or removal by the President.
At the time of his appointment, Mr. Shulman was serving as Vice Chairman of the Financial Industry Regulatory Authority (formerly the National Association of Securities Dealers), the private sector regulator of securities firms doing business in the U.S. After joining NASD in 2000, he was involved in restructuring the company, led the negotiations of the sale of the NASDAQ stock market and American Stock Exchange, oversaw the launch of industry-wide bond market transparency, and modernized NASD's technology operations. Earlier in his career, he served as Vice President of Darby Overseas Investments.
In 1996-1997, Mr. Shulman served as Senior Policy Advisor and then Chief of Staff of the bipartisan National Commission on Restructuring the IRS. He holds a B.A. from Williams College, an M.P.A. from Harvard University's John F. Kennedy School of Government, and a J.D. (magna cum laude) from Georgetown University Law Center. Source: APA Payroll Currently Volume 16 Issue 8.
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| SWAG Announcement -
03-01-2008 |
AmCheck Announces New Team to Enroll and Advise on 401(k) plan
AmCheck would like to take this opportunity to introduce Mark Barenbaum, LUTCF, Paul Burns, MSFS, CLU,ChFC, CEBS, Paul Hershenberg, Brad Hughs and Heather Rick with Southwest Wealth Advisory Group, LLC* (SWAG) as new additions to our 401k department.
Dean Lucente, President of AmCheck stated “Our client 401(k) plans have grown so much in assets and number of participants in recent years that we needed to be able to better serve clients and their employees.” and “AmCheck clients will notice immediately that our new representatives will be reaching out to them and their employees, much more then ever in the past. Also, with AmCheck being in 10 cities and experiencing growth, the plans could not be maintained by one individual any longer.”
Combined SWAG’s representatives have over 50 years experience in the financial services business. Their role as your AmCheck 401k representative will be to assist with questions or any support you and your employees may need as it relates to the 401k with AmCheck or John Hancock Pensions.
A SWAG Representative will be contacting you in the next few days to introduce themselves, answer any questions you may have, discuss open enrollment and set up a face to face meeting or conference call, whichever is more convenient for you.
If you would like to contact any of the above mentioned SWAG representatives directly they may be reached at (602) 931-4450 or by email at 401k@southwestwealth.com .
*Southwest Wealth Advisory Group, L.L.C.’s broker dealer is Woodbury Financial Services, Inc. Member NASD, SIPC, Registered Investment Advisor and Member of Hartford Financial Services Group.
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| Economic Stimulus Bill signed -
02-14-2008 |
President Bush has signed the economic stimulus bill.The Internal Revenue Service will begin sending stimulus payments, popularly known as tax rebates, in May 2008.
To find out if you are eligible for a stimulus payment or if you have other questions about the stimulus bill, please go to the IRS website at: www.irs.gov. The IRS website has the best and most up-to-date information to answer your questions about the stimulus payment.
If you do not have Internet access, you may call IRS on their toll-free number at 1-800-829-1040.
Social Security beneficiaries, who are filing a 2007 tax return only to obtain the stimulus payment, will not need a replacement Form 1099 for IRS to determine if they are eligible to receive a stimulus payment. An estimate of Social Security benefits received in 2007 is sufficient.
Source:Social Security Administration
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| AmCheck Portland Number 10 -
02-05-2008 |
AmCheck Portland, marks 10th location for corporation. AmCheck is pleased to announce the opening of a new location in Portland, Oregon. AmCheck Portland opens for business on February 11, 2008 and will be lead by experienced payroll industry professionals Tom Reap and Kris Johnson. Mr. Reap and Mr. Johnson who together have 10+ years combined industry experience are extremely enthusiastic and focused on bringing First class services and products to the active and dynamic Portland business market. They intend not only to grow the office, but also to grow it with direct involvement in the community.
The Portland location will be a full service office, providing clients with Payroll Services, Human Resource Solutions, Worker’s Compensation and Benefits Management in the Portland area.
According to President Dean Lucente, based at AmCheck’s Corporate Headquarters in Phoenix, AZ, “We are excited for Tom and Kris and very thrilled to bring our services to the City of Roses.” “Often referred to as “America’s Best Kept Secret” Portland, Oregon’s growing economy and strategic business outlook is a very fitting place for our commitment to the Business Process Outsourcing industry.”
This is an exciting time for AmCheck Corporation as the Portland office marks the 10th AmCheck location. AmCheck and it’s employees are proud to call Phoenix AZ, Denver CO, Chicago IL, Tucson AZ, San Diego CA, Austin TX, Los Angeles CA, Schaumburg IL, Las Vegas, NV and now Portland, OR home. AmCheck is one of the largest independent payroll providers in the United States.
For more information please visit www.amcheck.com or call 1-888 AmCheck.
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| Employers Accomodating Working Parents -
01-18-2008 |
Companies Make Changes to Accommodate Working Parents
Sixty-two percent of companies say they have made policy changes to accommodate working parents in the past five years, according to a survey by the staffing firm OfficeTeam.
The survey was based on telephone interviews with 150 randomly selected senior executives at the nation's 1,000 largest companies.
"Programs that support work-life balance are attractive to professionals, especially members of the 'sandwich generation'--those caring for both children and elderly parents," says Diane Domeyer, executive director of OfficeTeam. "For smaller firms that may not have as much flexibility in adjusting salaries as larger organizations, offering these types of benefits can level the playing field."
Domeyer notes that working parents aren't the only ones who benefit from perks like telecommuting, flextime, extended family leave, and elder care.
"Many employees are juggling multiple priorities and appreciate these types of programs," she says. "Companies should actively promote these offerings to all prospective hires, both in job postings and during the employment interview." Source: Buiness & Legal Reports, Inc.
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