For those payroll administrators who worked hard to get W-2’s out the door…….
On Feb 27, the IRS announced that by the end of the third week of the current tax filing season, a season that was delayed at least a few weeks due to the government shutdown in late 2013, the agency noted that they had received approximately one-third of the individual income tax returns that it expects to receive during all of 2014.
As of Feb. 21, the IRS had processed 98% of the 49.6 million returns it had received. Some 46.6 million returns were electronically filed, up 1% over the comparable period in 2013. Approximately 22 million returns were filed from home computers, an increase of 7% over last year. E-filed returns received from tax professionals were down 3.6%. IRS issued 40 million tax refunds through Feb. 21, an increase of 6%.
About Time & Pay:
Time & Pay is a professional payroll service provider located in Johnson City, TN. We service businesses of all sizes and types throughout the United States. Founded in 1992, Time & Pay provides businesses with complete payroll services , guaranteed payroll tax compliance, automated time and attendance systems and services, pay-as-you-go worker’s comp, human resource management systems and services, and more. We provide our customers with the cost effective tools you need to better manage your payroll, your employees and your business. Time & Pay’s services guarantee you will save money, time and aggravation and we back them up with the customer service you expect and deserve. Contact us today to learn why business owners throughout the country are saying:
“Time & Pay! Why would you do payroll and timekeeping any other way?”