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	<title>Better Business Blog &#187; Payroll</title>
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	<link>http://smt-associates.com/blog</link>
	<description>Our Business is Your Business</description>
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		<title>Good News – Payroll Tax Cut Extended through 2012!</title>
		<link>http://smt-associates.com/blog/good-news-%e2%80%93-payroll-tax-cut-extended-through-2012/</link>
		<comments>http://smt-associates.com/blog/good-news-%e2%80%93-payroll-tax-cut-extended-through-2012/#comments</comments>
		<pubDate>Sun, 26 Feb 2012 13:45:22 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Payroll]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=598</guid>
		<description><![CDATA[Congress gave all wage earners a short-lived 2012 reprieve by temporarily extending the 2% payroll tax cut though February of 2012. The payroll tax, frequently referred to as FICA or OASDI on your paycheck, has historically been 6.2%. This is &#8230; <a href="http://smt-associates.com/blog/good-news-%e2%80%93-payroll-tax-cut-extended-through-2012/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/good-news-%e2%80%93-payroll-tax-cut-extended-through-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Credits for Hiring Veterans</title>
		<link>http://smt-associates.com/blog/new-credits-for-hiring-veterans/</link>
		<comments>http://smt-associates.com/blog/new-credits-for-hiring-veterans/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 14:09:29 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Payroll]]></category>
		<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=570</guid>
		<description><![CDATA[Congress recently passed legislation that extends and expands the Work Opportunity Credit (WOTC) for hiring unemployed veterans. This effectively gave a one-year lease on life to the WOTC, but only with respect to qualified veterans who begin work for the &#8230; <a href="http://smt-associates.com/blog/new-credits-for-hiring-veterans/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/new-credits-for-hiring-veterans/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Independent Contractor versus Employee Status – A New Focus of the IRS</title>
		<link>http://smt-associates.com/blog/independent-contractor-versus-employee-status-%e2%80%93-a-new-focus-of-the-irs/</link>
		<comments>http://smt-associates.com/blog/independent-contractor-versus-employee-status-%e2%80%93-a-new-focus-of-the-irs/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 22:43:27 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Payroll]]></category>
		<category><![CDATA[Tax audits]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=510</guid>
		<description><![CDATA[If you are a small business owner, whether you hire people as independent contractors or as employees will impact the amount of taxes you withhold from their paychecks, as well as how much and what types of taxes you pay. &#8230; <a href="http://smt-associates.com/blog/independent-contractor-versus-employee-status-%e2%80%93-a-new-focus-of-the-irs/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/independent-contractor-versus-employee-status-%e2%80%93-a-new-focus-of-the-irs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Reimbursing Employees for Health Insurance</title>
		<link>http://smt-associates.com/blog/reimbursing-employees-for-health-insurance/</link>
		<comments>http://smt-associates.com/blog/reimbursing-employees-for-health-insurance/#comments</comments>
		<pubDate>Mon, 10 Oct 2011 14:00:12 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Payroll]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=424</guid>
		<description><![CDATA[Many small businesses do not have a group health insurance plan in place for their employees. Yet, as an added benefit, employers may want to reimburse all or a portion of the individual health plan that the employee maintains and &#8230; <a href="http://smt-associates.com/blog/reimbursing-employees-for-health-insurance/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Illinois Small Business Job Creation Tax Credit</title>
		<link>http://smt-associates.com/blog/illinois-small-business-job-creation-tax-credit/</link>
		<comments>http://smt-associates.com/blog/illinois-small-business-job-creation-tax-credit/#comments</comments>
		<pubDate>Sat, 07 May 2011 13:03:29 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Illinois]]></category>
		<category><![CDATA[Payroll]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=364</guid>
		<description><![CDATA[There is still time to hire employees for your Illinois business to qualify for the Illinois Small Business Job Creation Tax Credit. By creating at least one new, full-time position that meets the eligibility requirements, you may be eligible to &#8230; <a href="http://smt-associates.com/blog/illinois-small-business-job-creation-tax-credit/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/illinois-small-business-job-creation-tax-credit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IRS Phasing Out 8109 Coupons for Tax Payments</title>
		<link>http://smt-associates.com/blog/irs-phasing-out-8109-coupons-for-tax-payments/</link>
		<comments>http://smt-associates.com/blog/irs-phasing-out-8109-coupons-for-tax-payments/#comments</comments>
		<pubDate>Mon, 23 Aug 2010 13:00:12 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Payroll]]></category>
		<category><![CDATA[Tax legislation]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[eftps]]></category>
		<category><![CDATA[electronic payment]]></category>
		<category><![CDATA[paper coupons]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=248</guid>
		<description><![CDATA[The IRS has issued proposed regulations that would eliminate paper coupons for deposits of employment taxes, corporate income and estimated taxes, and many other taxes (REG-153340-09).  The paper 8109 coupon payment system will be shut down at the end of &#8230; <a href="http://smt-associates.com/blog/irs-phasing-out-8109-coupons-for-tax-payments/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/irs-phasing-out-8109-coupons-for-tax-payments/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Misclassifying Workers Can Be Costly!</title>
		<link>http://smt-associates.com/blog/misclassifying-workers-can-be-costly/</link>
		<comments>http://smt-associates.com/blog/misclassifying-workers-can-be-costly/#comments</comments>
		<pubDate>Wed, 30 Jun 2010 14:10:50 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Payroll]]></category>
		<category><![CDATA[independent contractor]]></category>
		<category><![CDATA[worker misclassification]]></category>
		<category><![CDATA[workers]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=211</guid>
		<description><![CDATA[With the current economy, and not always knowing what lies ahead, most business owners and executives tend to be financially conservative and preserve the cash of the business.  This conservative approach frequently carries over to hiring activities, with many employers &#8230; <a href="http://smt-associates.com/blog/misclassifying-workers-can-be-costly/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/misclassifying-workers-can-be-costly/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hiring Family Members in a Family Business</title>
		<link>http://smt-associates.com/blog/hiring-family-members-in-a-family-business/</link>
		<comments>http://smt-associates.com/blog/hiring-family-members-in-a-family-business/#comments</comments>
		<pubDate>Mon, 28 Jun 2010 14:00:19 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Business taxes]]></category>
		<category><![CDATA[Payroll]]></category>
		<category><![CDATA[Personal Taxes]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[employing a child]]></category>
		<category><![CDATA[hiring family]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=209</guid>
		<description><![CDATA[In today’s tough job market, students seeking summer employment, young adults looking for full-time employment, and college graduates looking to begin their careers are finding it difficult to land a job.  The family business may be the only place for &#8230; <a href="http://smt-associates.com/blog/hiring-family-members-in-a-family-business/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/hiring-family-members-in-a-family-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Reasonable Compensation is Becoming a Hot Issue</title>
		<link>http://smt-associates.com/blog/reasonable-compensation-is-becoming-a-hot-issue/</link>
		<comments>http://smt-associates.com/blog/reasonable-compensation-is-becoming-a-hot-issue/#comments</comments>
		<pubDate>Sat, 26 Jun 2010 14:06:46 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Business taxes]]></category>
		<category><![CDATA[Payroll]]></category>
		<category><![CDATA[Tax legislation]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[officer salary]]></category>
		<category><![CDATA[owner compensation]]></category>
		<category><![CDATA[reasonable compensation]]></category>
		<category><![CDATA[s corporation]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=205</guid>
		<description><![CDATA[Corporate officers will sometimes attempt to disguise what should be payment for services as distributions of cash, dividends, and loans as a means of avoiding payroll taxes on the income.  Because they are pass-through entities, Sub Chapter S corporations are &#8230; <a href="http://smt-associates.com/blog/reasonable-compensation-is-becoming-a-hot-issue/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/reasonable-compensation-is-becoming-a-hot-issue/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Special Payroll Tax Exemption Form Now Available</title>
		<link>http://smt-associates.com/blog/special-payroll-tax-exemption-form-now-available/</link>
		<comments>http://smt-associates.com/blog/special-payroll-tax-exemption-form-now-available/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 12:13:28 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Payroll]]></category>
		<category><![CDATA[Hire Act]]></category>
		<category><![CDATA[payroll forms]]></category>
		<category><![CDATA[W-11]]></category>

		<guid isPermaLink="false">http://smt-associates.com/blog/?p=172</guid>
		<description><![CDATA[WASHINGTON — The Internal Revenue Service today released a new form that will help employers claim the special payroll tax exemption that applies to many newly-hired workers during 2010, created by the Hiring Incentives to Restore Employment (HIRE) Act signed &#8230; <a href="http://smt-associates.com/blog/special-payroll-tax-exemption-form-now-available/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://smt-associates.com/blog/special-payroll-tax-exemption-form-now-available/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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