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American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition

American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition
It's more important than ever to be in compliance with payroll laws and regulations! How do you stay in compliance and avoid penalties? The APA Basic Guide to Payroll is written to make understanding the laws and regulations as easy as possible. And this single-volume guide is filled with tools to help you apply the law and make proper calculations – with ease!

CCH® PAYROLL — 7/17/12

San Francisco OKs payroll tax exemption

The San Francisco Board of Supervisors approved a measure July 10 that exempts small businesses from the city's payroll tax.

Supervisors on a 10-1 vote forwarded the ordinance to Mayor Ed Lee (D) who has supported measures to encourage business development in the city. San Francisco is the only city in the state to assess a payroll tax.

Under the ordinance, small businesses will be exempt from the 1.5 percent payroll tax. A small business, with less than $500,000 in payroll expenses, may exclude the lesser of $250,000 or the amount of payroll greater than the first year.

The law was amended to require businesses to comply with San Francisco labor laws, including overtime, mandatory sick leave, and minimum wage, in order to obtain the three-year exemption.

Small businesses would join biotechnology and clean technology businesses, films made in San Francisco, and companies planning initial public offerings that locate within specific geographic areas in winning payroll tax exemptions. (San Francisco Board of Supervisor's measure, File No. 120682, July 10, 2012.)

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