ABCO Payroll Services - Bradenton, Sarasota, and all of Florida

Do you have questions about The American Recovery and Reinvestment Act of 2009? We have been following the changes created by this legislation closely to help you determine their impact on your business.

Making Work Pay Tax Credit

• ABCO Payroll Services is already using the updated withholding tax tables issued by the IRS. Your employees may have already noticed an increase in their net pay. If any of your employees are concerned with having too little income tax withheld, they may use the IRS Withholding Calculator to determine if they should complete a new W-4.
• Click here for the most current news release by the IRS.

COBRA

• The stimulus plan includes changes to the way COBRA assistance is provided to employees.
• Click here for the latest news from the Department of Labor - COBRA Health Insurance Continuation Premium Subsidy
• Click here for the latest news from the IRS - COBRA: Answers for Employers
• Download our COBRA Reporting form along with Questions and Answers provided by the IRS.

ABCO Payroll Services will continue to monitor the American Recovery and Reinvestment Act changes that may impact your business. Please check this page often for updates as the changes created by this legislation are released.

 

This information is provided as a courtesy and should not be construed as legal advice. Your legal counsel should be consulted to insure compliance with these changes and their impact on your business.