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General Data Protection Regulation: What You Need to Know

General Data Protection Regulation: What You Need to Know

It’s hard to believe that we’re now less than one year out from implementation of a major change to data protection laws in Europe: The General Data Protection Regulation, or GDPR. It is the result of four years’ work by the European Union (EU) to standardize privacy laws and protect residents of the EU from the misuse of their personal data and data breaches in an increasingly digital world. Most of the personal data protection laws in the EU haven’t been updated since the 1995 Data Protection Directive. In 1995, only one percent of the European population was using the Internet. Now, not only is the majority of the global economy digital, but many companies are operating globally and processing personal data across borders. The EU Parliament established the GDPR framework as a way to update and harmonize the laws specific to the usage of millions of individuals’ data. With these regulations that take effect on May 25, 2018, come a number of major implications that reach beyond the...

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Bob Scott’s Insights Covers ADP – Infor Compliance Relationship

Bob Scott’s Insights Covers ADP – Infor Compliance Relationship

Bob Scott’s Insights published an article titled “Infor Allies with ADP,” which discusses the recently announced expanded relationship between ADP and Infor where Infor is offering ADP SmartCompliance and ADP Health Compliance to its HCM customers. “Overall, SmartCompliance handles the broad range of payroll services including employment taxes, garnishments, tax credits, employment verification, and unemployment claims. Infor HCM customer also gain access to ADP’s Health Compliance, which handles Affordable Care Act requirements. Read the entire article at Bob Scott’s Insights. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Share on Facebook (Opens in new...

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Georgia Revamps Quality Jobs Tax Credit Program

Georgia Revamps Quality Jobs Tax Credit Program

With the enactment of House Bill 265, the State of Georgia has passed two significant changes to its Quality Jobs Tax Credit program, effective with tax years beginning on or after January 1, 2017. These changes are: Increasing the hiring period for meeting the job increase threshold, and Implementing a new investment requirement in order to be eligible for subsequent job creation periods. Prior to HB 265, Georgia law required that a taxpayer must create at least 50 new quality jobs within one year of when the employer first began withholding taxes in Georgia in order to be eligible for the Quality Jobs Tax Credit.1 Effective for tax years beginning on or after January 1, 2017, a taxpayer will now have two years in order to meet the 50 quality jobs requirement if the taxpayer first withholds taxes in Georgia after January 1, 2017. HB 265 also enacted a new investment requirement in order for taxpayers to be eligible for the extended two year job creation periods. Effective for...

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ADP Solutions for Payroll, Workers’ Compensation and Employee Handbooks Hit ‘The Spot’ for Local Restaurateur

ADP Solutions for Payroll, Workers’ Compensation and Employee Handbooks Hit ‘The Spot’ for Local Restaurateur

Ever since she was a teenager, Cassie Fishkin dreamed of owning a restaurant – a comfortable, informal little place where people could gather for long conversations and healthy food. She told herself it would be her “retirement” career after she’d succeeded as an attorney. She never imagined her passion to be a restaurateur would outweigh her desire to practice law. Once she’d made that life-changing decision, however, Fishkin bought into a restaurant partnership and began honing a new set of skills. She rotated through every position, learning the nuances and challenges of restaurant management. She combined her business acumen and creativity, and realized that she’d finally found her professional niche. In 2015, she also realized her dream when she opened the doors of her bistro, The Spot, in Montclair, N.J. At first catering to walk-in, take-out and delivery business, the restaurant grew to accommodate patrons who wanted to sit and linger over their meals. With this growth, as most small business owners learn, came myriad day-to-day challenges that absorbed...

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Accountant Connect from ADP Grabs 2017 CPA Practice Advisor Tax and Accounting Technology Innovation Award

Accountant Connect from ADP Grabs 2017 CPA Practice Advisor Tax and Accounting Technology Innovation Award

Whether it’s reducing precious cycles all year long, especially during tax season, or finding tools that can help them position themselves as strategic advisors to their clients, accounting professionals never waiver in their need for streamlined reporting and practice management resources. Those attributes are among the reasons Accountant ConnectSM from ADP® was honored last night with a 2017 CPA Practice Advisor Tax and Accounting Technology Innovation Award. Announced during a reception and ceremony at the California Accounting & Business Show under way in Los Angeles, Accountant Connect beat 39 other entries to grab this leading accounting industry distinction. Entries were judged by an independent advisory panel comprised of the editorial staff at the publication, thought leaders among the profession, and the publication’s Editorial Advisory Board. Board members include accounting and tax professionals from various sized firms across the country that are engaged in a variety of practice areas. “We understand the value accounting professionals derive from innovative technologies that can save them time and make their businesses more efficient,...

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