 APA PAYROLL NEWS
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 Publication: APA (October 2015) 10/16/2015
- How
Payroll Professionals Can Leverage Robert Half’s Salary Guide Surely
everyone in a payroll position would like to earn more money. But how much more can you reasonably expect today? You may also
be wondering what the in-demand skills and certifications are in your field — and how you can you find the answers to
these questions. The most recent Robert
Half Salary Guide for Accounting & Finance is a comprehensive resource. It includes the most up-to-date starting
salary ranges for more than 400 positions in the industry, including payroll professionals. You can leverage this information
when asking
for a raise or negotiating
salaries
with a new employer. Here are some highlights: Salaries are on the upswing. Payroll positions are among the 10 hot jobs
featured in the current Salary Guide, with starting pay anticipated to rise an average of more than 4 percent in
2016. The sampling that follows shows some sample positions and their U.S. salary ranges,
representing the expected base compensation for professionals who are just joining a new company at any level: ·
Payroll manager, large company:
$61,000 to $95,500 (4.7 percent increase) · Payroll coordinator, large company: $44,500 to 60,500 (4.7
percent increase) · Payroll clerk, midsize company: $35,500 to $48,250 (4.7 percent increase) ·
Payroll manager, small company:
$43,000 to $61,500 (4.5 percent increase) Since salary ranges vary according to
geography as well as job title and company size, you can use our Salary
Calculator to
customize the data for your ZIP code. Employers
want to see credentials.Want other ways to
increase your earnings? A relevant certification can help you add 5 to 15 percent
to many standard salary ranges, according to the Salary Guide. Professionals with a certified payroll professional (CPP) designation, for example, have a competitive edge when getting hired. In-demand skills open
doors.Hiring
managers look for applicants who are proficient in Microsoft Office, especially Excel, Word and Outlook. It’s
also important to have at least a working knowledge of payroll systems such as SAP HR, ADP
Tax, UltiPro, Kronos, NetSuite and Intuit. And with more software residing in the cloud, gaining experience in online platforms
is vital. For more salary and hiring details, download
our Salary
Guide. The
information could help make 2016 the year you advance your payroll career. Accountemps, a Robert
Half
company, is the world’s first and largest specialized staffing firm for temporary accounting, finance and bookkeeping
professionals. Accountemps has more than 340 locations worldwide. More resources, including online job search services and
the Accountemps
blog,
can be found at accountemps.com. 06/25/15 - Supreme Court Says ACA Tax Credit Scheme Applies in All
States
By a vote of 6-3, the U.S. Supreme Court has upheld the tax credit provisions of the Affordable Care Act (ACA) – codified in IRC §36B. The question addressed by the Court in this case was whether the ACA's tax credits – intended to make health insurance more affordable – are available in states that have a federal Exchange (where people can shop for insurance, usually online) rather than a state Exchange. The amount of the credit depends in part on whether the taxpayer has enrolled in an insurance plan through "an Exchange established by the state." At this point, said the Court, "16 states and the District of Columbia have established their own Exchanges; the other 34 states have elected to have HHS [the Department of Health and Human Services] do so." Also, the IRS has published regulations making §36B tax credits available on both state and federal Exchanges. Four individuals living in Virginia, which has no state Exchange, challenged the IRS rule. Saying that the meaning of the disputed language was ambiguous, the Court looked at the overall statutory scheme and concluded that the disputed tax credit scheme was meant to apply everywhere. "Section 36B allows tax credits for insurance purchased on any exchange created under the Act. Those credits are necessary for the federal Exchanges to function like their state Exchange counterparts, and to avoid the type of calamitous result that Congress plainly meant to avoid." The Court's decision means that all the compliance requirements related to the ACA's employer shared responsibility and reporting provisions remain in place for 2015 and heading into 2016 [King v. Burwell, No. 14-114 (U.S. Sup. Ct., 6-25-15)]. For more coverage, see the next issue of PAYROLL CURRENTLY, due July 3. House Passes Mobile Workforce Bill Bill Would Simplify Employer's Tax Withholding
Obligations On May 15, the U.S. House of Representatives passed the Mobile Workforce State Income Tax Simplification Act
of 2011 (HR 1864). If enacted, the bill will simplify the tax obligations of workers who travel out of state on business by providing a
30-day threshold under which no taxes will be assessed on income earned in that other state. APA supports the bill and its effort to reduce the administrative burden placed on employers, employees, and
the states. Employment Laws Assistance- The Department of Labor has developed a series of online advisors that help employees and employers understand their rights and responsibilities under federal employment laws such as pay and overtime, workplace poster requirements, health benefits, and more. NY Changes Personal Income and MTA Payroll Tax Rates- On December 9, New York Governor Andrew Cuomo signed a tax reform bill into law that will create new personal income tax (PIT) rates and brackets, effective for wages paid on or after January 1, 2012. Obama Signs Payroll Tax Cut Extension Into Law- On February 22, President Obama signed the Middle Class Tax Relief and Job Creation Act of 2012 into law (Pub. L. 112-96), extending the 4.2% employee social security tax rate for wages paid through December 31, 2012. APA Updates Comments on Temporary Payroll Tax Cut Continuation Act-
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