Federal Updates

2012 Federal Limits Impacted by COLA, Including SS Wage Base

Following are highlights from the 2012 changes influenced by Cost of Living Adjustments.

Announced in Revenue Procedure 2011-52:

Standard Deduction

Married Filing Jointly, Surviving Spouse – $11,900, increase of $300

Head of Household – $8,700, increase of $200

Single or Married Filing Separately – $5,950, increase of $150

Qualified Transportation

Commuter Vehicle or Transit Pass – $125

Qualified Parking – $240, increase of $10

Announced in IR-2011-103:

Elective 401(k), 403(b), and 457 plan contribution limit – $17,000, increase of $500

Announced in SSA 2012 COLA Fact Sheet:

Social Security Wage Base – $110,100, increase of $3,300

What could you or your people do instead of payroll chores that make no money?

• Collections on past-due receivables to get that cash flowing.
• Clean up your books so your CPA spends less time.
• Update your website so you get more hits.
• Straighten out your files so you can find things.
• Marketing. Mailings. Phone calls so you get growth.

There are plenty of things that need done that will actually put money in your pocket. Doing payroll or wasting time babysitting a sloppy  payroll service does nothing positive for your bottom line.

Imagine having time to get things done you’ve been putting off. How would you feel if you could finally rejuvenate your business so that it gives you what you’ve always wanted it to give you? Remember how you actually enjoyed your business in the beginning?

We would be very pleased if we could help you rediscover the magic…

Learn more about improving your workflow by listening to a free recorded message by calling

1-(866) 419-3222

anytime 24/7 and toll free

When you meet with me to learn more about payroll service, first I do what I call a PAY-CHECK™. It’s a payroll audit of exactly what you are doing now and what the costs are you are spending. In other words- I ask lots of questions. In other words…you are talking and I am listening.

[ Let me be clear. I am asking you to call me to make an appointment. The guys from the other payroll services are generally not payroll professionals- they are salesmen. They like to pop in un-invited. It’s called “interruption” marketing.]

Then I go back and compile a report that details exactly what you spend now, where your vulnerabilities and risks are, and then I give you that report so you are able to make an informed, intelligent decision on the best way to pay your employees properly, for the least possible cost. (And do it safely)

How can you get this free report?

By calling our local office

At

1-866-419-3222

It’s our toll-free 24/7 number where you can also just listen to our

FREE RECORDED MESSAGE

(in case you’re not quite ready to make the appointment.)

Service.

Which describes your payroll service?

• Good service? Being helpful, providing assistance, a helping hand, at the root; to serve. Courtesy, duty, labor. Work, value. Help, aid, functioning. Utility. In service. Benefit, useful, valuable.

• Out of service? Not working, inoperative. Out of order. Broken. Lip service. Faulty, defective, poor service, on the fritz, disservice, damage, acting-up, shot, kaput.

Why do most of the big company payroll services make you interact with them by forcing you to log into their website, input your own hours, add your own employees, make your own changes to deductions, additions, withholdings, addresses, on and on? That’s bad. You are doing all the work. Who’s serving who here?

*   100% guaranteed satisfaction with every payroll or you pay nothing.

*   Tailored to fit your business specifically so it’s even easier for you.

*    Frees you up to do more profitable things for your business.

Learn more about improving your workflow by listening to a free recorded message by calling

1-(866) 419-3222

anytime 24/7 and toll free

Is your big company payroll service un-responsive?

 Is your in-house payroll causing you stress?

The most easy improvement you will ever make!

Call Erie county’s NUMBER ONE

dedicated payroll people serving

exclusively the small employer market (1-50 emp.)

Free Trial Offer   *  Start any time  *   No excuses service

Listen to a 24/7 free recorded message, call

 toll free 1-866-419-3222

Van Cleve Payroll 2800 W. 21^st (EBCO Park) Erie, PA 16506

I have put together a time-saving audio recording on:

“How to Pay Your Employees Properly,  for the Least Possible Price.”

as an educational service. It’s only 7 minutes but it packs a punch.

just call 24/7, toll-free  1- (866) 419-3222

What’s the BEST payroll service?

Depends on you. Your needs.

If you need a big national company to feel safe, if that’s your thing, you’ll probably want to look at a company like Paychex. Some people just prefer big companies. I don’t, but that’s me.

If what’s important to you is someone local, check into our service. If responsive and personalized service appeals to you, give us a look. If you want the absolute EASIEST service, that’s us.

To explore ALL your options quickly, and in an unbiased manner, give a listen to a FREE RECORDED MESSAGE on payroll by calling toll-free 24/7…

1- (866) 419-3222

“We only have 1 or 2 employees”

Small business owners assume they are too small to use a payroll service. Not true. In fact, having only a few employees makes it even more cost effective to use a payroll service. The alternative is manually calculating pay, remitting the right taxes at the right frequency. Time is money. Mistakes that lead to fines and penalties are costly. Another alternative is QuickBooks. However, the software is $200-300. The tax table is another $295 the last time I checked. Check stock and envelopes, ink and toner isn’t cheap.

Are you running a business? Then why would you choose to be a payroll clerk inside your business? That job literally pays you nothing, makes you nothing, and is time better spent smoozing customers, collecting past-due receivables, doing marketing, or a whole host of things that make you money. Isn’t that why you went into business?

Let’s “cut through the bull” and answer these 3 questions about Van Cleve Payroll’s Service:

• Will it save me money? It may. I can’t say for sure until I get more information. I do what I call a “Pay-Check”, which is a payroll audit. Takes about 15 minutes or so. It gathers all the pertinent information.

• Will it save me time? Yes, definitely. I can say that with confidence because we do all the work. We don’t make you log in to a website to enter the employee’s hours, add new employees, set up deductions from pay, and all that. No, we actually do all the work, except for adding up the timecards, you’ll still have to do that. Then we provide an easy way to give us those hours. And that’s it. It cannot get easier, I’ve tried.

• Will it improve my life? It will. Why? We will save you time. We will take away the stress. We will be making sure the payroll taxes are paid on-time, and the right way. We will respond quickly to your phone calls, emails, text messages. This is a HUGE advantage over the BIG payroll companies. Personalized service.

Have you heard about the trend to do business LOCALLY?

I’ve been seeing this pop up a lot in the past year, how ’bout you? I don’t know what you think, but I really like the idea. Shop at local stores, not national chains, and you keep your dollars working right here in your hometown. The profit the local business makes gets spent here, not sent out of state. Supporting local business benefits your local economy, which helps you. It’s a snowballing effect. If you are helping the local business people, they are better able to be a customer of yours as well. Even indirectly it benefits you. At the very least, a dollar of profit earned here is spent on something here, regardless of where, it’s likely to boost some other business here, which may come back to you.

I made the mental switch a while back and avoided chain stores if possible. I trace my change of attitude to the ads on TV run by JOE ROOTS where he talked about this idea. Talk about a lightbulb going off! Now I try to stick to local restaurants, I get most office supplies at SANNER, and so on.

What are your thoughts?