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Welcome to The Payroll Company Connection. We hope that you find this content useful.
Please feel free to forward this newsletter to a friend. E-mail Page
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- Important End of Year Information
- Payroll Company Calendar
- Seminar (Year End Events)
- Time Saver of the Quarter!
- Customer Support Corner
- Employee Profile
- News& Useful Links
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If the IRS or your STATE REVENUE DEPT has notified you of a change in your DEPOSIT FREQUENCY, we need to know! Forward us any letters you receive regarding your 2007 tax deposit requirements.
Any 2006 payroll adjustments, including 3rd Party Sick Pay records must be submitted to TPC by December 26, 2006!
You must forward your 2007 UI Rate(s) Notices to The Payroll Company.
IMPORTANT! PLEASE FORWARD YOUR VOLUNTARY CONTRIBUTION NOTICE TOTHE PAYROLL COMPANY
Each year employers have the option of making an extra contribution, which is credited directly to their June 30 account
balance and is used for the purpose of lowering their UI rate for the following year by one rate bracket on the rate schedule.
This extra payment is called a "voluntary contribution".
A "voluntary contribution" is a payment over and above your required quarterly contributions and directly affects the account
balance used to determine your next year’s rate. You may submit a voluntary contribution to obtain a lower rate for the upcoming
year only in November of each year. These payments must be postmarked by November 30. It is not always advantageous to
submit a voluntary payment, as this payment might be more than the savings you realize.
Send or Fax your Notice to The Payroll Company, Inc. and we will calculate (free of charge) whether it would
be advantageous for you to make a voluntary contribution. Fax (888) 381-5521
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MAIL YOU CAN FILE or THROW AWAY
Pre-printed Reports:
941
940
State Unemployment
State and Federal tax deposit coupon books
Pre-printed State tax forms
State UI Account Statement
Please be aware that some of these reports
also include informational news from the
regulatory agencies. You may want to peruse
this info prior to discarding.
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MAIL YOU NEED TO FORWARD
Forward the following:
Any notice of tax, penalty, or interest due
Unemployment Insurance Tax Rate Notice(s)
Notice of change in filing frequency
Notice of change in deposit frequency
Please forward via US mail or fax (888) 381-5521
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| Due Date |
Description |
Client |
TPC |
Other |
| Thursday, Nov 23, 2006 |
Thanksgiving Day- Federal Holiday TPC closed |
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| Friday, Nov 24, 2006 |
Friday after Thanksgiving Day TPC closed |
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| Friday, Dec 8, 2006 |
TPC Year End Seminar for Year End Issues |
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| Monday, Dec 18, 2006 |
First day SSA allows submission of W-2 Information |
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| Friday, Dec 22, 2006 |
TPC closed at 12:00pm |
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| Monday, Dec 25, 2006 |
Christmas Day- Federal Holiday |
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| Tuesday, Dec 26, 2006 |
Fringe Benefit Info and 3 rd Party Sick Pay Info Deadline |
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| Friday, Dec 29, 2006 |
TPC closed at 12:00pm |
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| Sunday, Dec 31, 2006 |
4 th Quarter End- Year End 2006 |
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| Monday, Jan 1, 2007 |
New Years Day- Federal Holiday TPC Closed |
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| Saturday, Jan 6, 2007 |
W-2 Processing at The Payroll Company |
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| Monday, Jan 15, 2007 |
Martin Luther King’s B-day- Federal Holiday |
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| Wednesday, Jan 31, 2007 |
W-2’s and 1099’s are due to employees |
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| Wednesday, Jan 31, 2007 |
All 4 th Quarter Tax Returns due |
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| Wednesday, Jan 31, 2007 |
945 Annual Return of FWT due |
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| Wednesday, Jan 31, 2007 |
940 & 943 Annual Return due |
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| Monday, Feb 19, 2007 |
President’s Day- Federal holiday |
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| Sunday, Mar 31, 2007 |
1 st Quarter End |
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| Sunday, Mar 31, 2007 |
W-2, 1099 and W-3 Online Electronic Wage reporting due to SSA |
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When: December 8, 2006
8:30AM - 10:30AM
Presenters:
Eric Schroeder, CPA
President The Payroll Company
Wisconsin Department of Revenue
Topics: ( Complete Seminar Syllabus (click here) )
- Taxable fringe benefits
- Supplemental wages
- Moving expenses
- Personal use of company cars
- Group-term life insurance
- Employer-paid benefits
- Year-end reporting issues
- Verifying social security numbers
- Employee year-end notices
Where:
The Madison Club
5 East Wilson
Madison, WI 53703
Cost: Free (continental breakfast provided)
Registration:
Please RSVP by December 4th. Simply complete our online registration or call (608) 268 - 2930.
(click here)
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Now you can seamlessly apply payroll information to your general ledger. Online Employer’s General Ledger provides you—or your accountant—online access to payroll data with every payroll. You instantly save time, reduce errors, and increase flexibility with the General Ledger Reporting tools available though Online Employer.
Today, Online Employer’s General Ledger reporting is available for QuickBooks users. These tools will ultimately become available for other accounting packages as well.
Benefits of Online Employer General Ledger include:
- Flexible solution to chart total net pay or each paycheck
- Distribute payroll expenses to multiple accounts and/or departments
- Improves accuracy – no double data entry
- Direct online access by your accountant or auditor
- New file received with every payroll
- No third party involvement to apply payroll data to your general ledger

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- Check out http://www.payrollcompany.biz/fringe for Excel worksheets that enable you to calculate proper income inclusion amounts for Company Owned/Leased Vehicles and Group Term Life Insurance policies with a face value in excess of $50,000.00. This page also contains full IRS documentation regarding non-cash (fringe) payments.
- Use support@payrollcompany.biz to communicate information via email.
Confirmations of receipt are generated and delivered immediately, so if you don't receive a confirmation that your email was received, please re-send.
- We intend to process your 2006 W2 forms in early January, with delivery by January 17, 2006. Your prompt replies to our SSN Verification and Fringe Benefit Information requests (coming in early December) will result in your W2's being processed and delivered more expeditiously than those who delay submitting this information.
- The Payroll Company has recently implemented procedures to confirm receipt of all faxes sent to us at 608-268-2929. Confirmation emails are being sent when an email address is on file. Please make sure we have your current email address on file. Our fax reception center is staffed continuously between 8:30 and 4:30 CST, faxes received after hours will be
confirmed the next business morning.
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The Payroll Company is pleased to announce the hiring of Rick Rusch.
Rick joins The Payroll Company as Director of Partner Relationships.
In this role Rick's focus will be on identifying and creating strategic partnerships for The Payroll Company.
Rick's experience in business management and marketing combined with his robust network will be an asset for this role.
Rick is an avid outdoorsman with fly-fishing and hunting at the top of his free time "To Do" list.
We're sure you will find Rick to be a great addition to our team.
Rick Rusch
Director of Partner Relationships
Payroll Company, Inc.
608-268-2930 In Madison
877-277-2926 Toll Free
888-381-5521 Fax
rickr@payrollcompany.biz
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Payroll Company Help
www.payrollcompany.biz/help
Fringe Benefit Year End Calculation Worksheets www.payrollcompany.biz/fringe
Payroll Company Peace of Mind through Communication2 (online support) www.payrollcompany.biz/pmc2
Refer a friend and receive one free payroll Click Here
Payroll Company Forms www.payrollcompany.biz/forms
State Online Forms Library www.payrollcompany.biz/stateforms
Federal Online Forms www.payrollcompany.biz/federalforms
IRS www.irs.gov
IRS: Around the Nation (IRS news specific to local areas) www.irs.gov/newsroom/article/0,,id=98936,00.html
IRS: Whats Hot (new programs, recent guidance, or timely reminders) www.irs.gov/newsroom/article/0,,id=97322,00.html
Small Business Administration www.sba.org
American Payroll Association www.payroll.org
Independent Payroll Providers of America Association www.ippa.net/about/
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