Are you an Illinois employer? Do you provide paid time off (PTO) to your employees? Beginning in 2024, providing paid time off is no longer a choice—it’s a state mandate. In March 2023, Illinois Governor JB Pritzker signed SB208 into law, requiring Illinois paid leave.
Read More Illinois Paid Leave: Paid Time Off for Any Reason Starts in 2024
Author:
Rachel Blakely-Gray
As Patriot's Content Manager, Rachel creates engaging and informative content aimed to help business owners understand complex accounting and payroll topics.
Shortage of Accountants: What’s Going On?
You’ve likely heard about—or experienced firsthand—a shortage of accountants. So what gives? Where did all the accountants and prospective accountants go? And what can you do if you experience talent shortages in your firm?
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IRS Electronic Filing in 2024: E-filing Threshold Drops to 10
On February 21, 2023, the IRS made significant changes to the electronic filing requirements that will take effect in 2024. The IRS electronic filing changes may impact you if you have employees, work with independent contractors, or meet other requirements.
Read More IRS Electronic Filing in 2024: E-filing Threshold Drops to 10
Patriot Software Has Processed Over $13 Billion in Payroll
Canton, OH The accounting software and payroll services provider, Patriot Software, has processed over $13 billion in payroll and payroll tax dollars since 2018, a milestone for the SaaS developer.
Read More Patriot Software Has Processed Over $13 Billion in Payroll
What to Know About Form CP-575 [IRS EIN Notice]
Most businesses need—or will at some point need—an Employer Identification Number (EIN). You include your EIN on documents like Form W-2 and business tax returns. To get an EIN, you must apply with the IRS. In response, the IRS will send you an EIN confirmation notice called Form CP-575.
Read More What to Know About Form CP-575 [IRS EIN Notice]
Minnesota Paid Family Leave to Launch in 2026
The Land of 10,000 Lakes is the latest state to launch a paid family and medical leave program. Beginning in 2026, Minnesota employers will be responsible for handling payroll deductions for the new Minnesota paid family leave program.
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Don’t Create Your Maternity Leave Policy Until You Understand Employee Rights
At some point, one of your employees may need to take time off before and after giving birth. You must create and implement a maternity leave policy before that happens. But before you can establish your policy, familiarize yourself with and comply with maternity leave laws.
Read More Don’t Create Your Maternity Leave Policy Until You Understand Employee Rights
Patriot Software & Vestwell Offer Free Webinar on SECURE Act 2.0
Canton, OH Patriot Software, an award-winning accounting and payroll software provider, will co-host a webinar on SECURE Act 2.0 retirement tax credits and deadlines with partner Vestwell, a leading 401(k) recordkeeping provider for small businesses. The webinar, “Small Business, Big Benefits: Navigate Upcoming Retirement Plan Deadlines and New Tax Advantages,” will take place on July […]
Read More Patriot Software & Vestwell Offer Free Webinar on SECURE Act 2.0
Is Juneteenth a Holiday? What Employers Need to Know
Whether you offer time off or need to process direct deposit, staying on top of legal holidays is a must. And when it comes to Juneteenth, you need to keep updated with the latest federal and state holiday status changes. So, is Juneteenth a holiday?
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Employer Student Loan Repayment: Up to $5,250 Tax-free
If you’re looking for a new benefit to offer employees, you might consider employer student loan repayment. The benefit itself isn’t new, but it got a tax-exemption makeover in 2020 thanks to the CARES Act and Consolidated Appropriations Act.
Read More Employer Student Loan Repayment: Up to $5,250 Tax-free
