Real Business Solutions , US developer of payroll and 1099 tax products, delivers significant cost and time savings to small businesses and payroll departments around the country. Through Payroll Mate, the payroll system offered by the company, users can prepare payroll, calculate taxes, print paychecks, generate payroll reports, export data to accounting software, and process payroll forms.

“Large U.S businesses can afford to have full time payroll management staff dedicated to paying employees, issuing payroll checks as well as keeping up to date with the ever-changing payroll tax regulations. This is almost never the case for small business owners. This is why we built Payroll Mate, state-of-the-art payroll management software that is easy to use, affordable and always up to date,” says Payroll Mate product manager Nancy Walters.

Payroll Mate is comprehensive payroll system software that fits the needs of accountants and small to medium size businesses. Payroll Mate provides a wealth of features including the ability to automatically calculate net pay, federal withholding tax, social security tax, Medicare, state and local payroll taxes. Payroll Mate also supports different types of payroll pay periods, prints checks, prepares payroll forms 941, 940, 944, W-2, W-3, California DE-6 , California DE-7 , Texas C-3 , Texas C-4, New York NYS-45, Illinois 941 and Illinois UI-3/40. The payroll software allows unlimited tax categories, pre and post-tax deductions and unlimited pay rates per employee making it very flexible and powerful.

Source:http://www.marketwatch.com/story/payroll-system-software-from-payrollmatecom-updates-payroll-withholding-calculator-for-2012-2012-01-20

Payroll tax software developer Halfpricesoft.com (http://www.halfpricesoft.com) released the new ezPaycheck software with the updates on Form 940 for employer’s 2011 annual federal unemployment (FUTA) tax return. This new edition also includes the new 2012 tax federal tax tables, state tax tables, new W2 and W3 forms.

This updated version is free for current 2012 ezPaycheck payroll software users. New customers considering ezPaycheck 2012 can download and sample the payroll software without charge or obligation for up to 30 days. The free download, which is available at http://www.halfpricesoft.com/payroll_software_download.asp, includes a sample database, to make it easier for customers to test drive all the features of ezPaycheck 2012 before purchasing a license key.

“We update our ezPaycheck payroll software throughout the year to provide more value to our customers,” said Halfpricesoft.com founder Dr. Ge. “All updates include the latest forms and tax data as supplied by the federal government.”

ezPaycheck payroll system is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The main features include:

Up to date tax tables for all 50 U.S. states, Washington D.C. and federal taxes
Capability for adding local tax rates

Automatically calculate tips, commissions, federal withholding tax, Social Security, Medicare tax, employer unemployment taxes, and other pre-tax and post-tax deductions

Print paychecks using a standard laser printer on blank computer checks or preprinted checks
Use check-in-middle, check-on-top, or check-at-bottom check stock formats
Able to print MICR numbers on blank check stock to save on pre-printed checks
Print signature image on checks for a customized look
Built-in report functions users can customize
Calculate and print daily, weekly, biweekly, semimonthly and monthly payroll periods
Option for masking employees’ Social Security Numbers on check stubs
Compile and print federal tax forms w2, w3, 940 and 941
Unlimited free technical support

Available for just $89 per year ($59 to renew), ezPaycheck payroll software has remained at that affordable price since its initial release in 2005. It gives small and mid-size businesses more options and flexibility in doing payroll, printing check and filing tax return.

In tough economic times, how to increase business productivity is critical for any company. Computerized payroll is quick and painless with ezPaycheck payroll software.

Source:http://www.prweb.com/releases/small-business/payroll-software/prweb9076930.htm

Patriot PAY, the online payroll software for American small businesses, is now available in the state of Mississippi.

Patriot PAY payroll software is designed to be easy, with guaranteed accuracy of all payroll tax calculations. Mississippi customers can run payroll quickly and efficiently with built-in help and access to support. Patriot PAY starts at just $10 for month-to-month software access.

Patriot PAY customers can also opt for TaxBeGone, a payroll tax filing and depositing service. The optional TaxBeGone service takes the worry out of payroll taxes, collecting, depositing, and filing all payroll taxes set up in Patriot PAY.

To find out more about Patriot PAY and TaxBeGone: View our video demos, and find out how easy it is to run payroll with Patriot PAY. You can also sign up for a guided demo to walk through our payroll software. We will set up and run a sample payroll with you and answer all your questions.

Source:http://www.tmcnet.com/usubmit/2011/11/04/5907068.htm

Six people from Colorado Springs were found guilty today of hiring 42 staffing companies from across Colorado to test software for law enforcement, then sticking the companies, collectively, for more than $5.1 million in unpaid bills.

David A. Banks, Demetrius K. Harper, Gary L. Walker, Clinton A. Stewart, David A. Zirpolo and Kendrick Barnes were ordered into custody pending their February sentencing.

They each face up to 20 years in federal prison, plus financial penalties, according to the U.S. Attorney’s Office in Denver.

They were convicted of various fraud and conspiracy charges after a three-week trial. All six represented themselves in the trial.

Using companies known as Leading Team Inc., IRP Solutions Corp. and DKH LLC, they hired one company after another to test the law-enforcement software, failed to pay each company, then moved on to another, prosecutors said.

They had no business revenue to pay the charges they racked up between 2002 and 2005, prosecutors said. The group was indicted by a federal grand jury in Denver in 2009.

“In many cases, one or more of the defendants themselves reported time to and were paid by a staffing company, while one or more of the other defendants approved the reported time,” prosecutors stated in a media release.

They also were accused of falsifying timecards to get paid for work that wasn’t done, prosecutors said.

“Today’s verdicts are a significant step toward bringing these six individuals to justice after they defrauded dozens of companies and individuals out of millions of dollars,” stated FBI-Denver Special Agent in Charge James Yacone.

Source:http://www.denverpost.com/breakingnews/ci_19158129

IBISWorld estimates that revenue from the HR and Payroll Software industry will grow 2.2 percent annually to $3.2 billion in the five years to 2011. The industry has recently benefited from increased private investment in software and the need for businesses to cut costs as a result of the recession. More companies are now performing back-office duties in-house, including outsourced HR and payroll services. While more businesses are expected to use HR and payroll outsourcing in 2011 as corporate profit rises, the small business market will help ensure continued growth during the year. IBISWorld anticipates that industry revenue will increase 1.1 percent in 2011.
The HR and Payroll Software industry generates revenue through the sale of new software, software license updates and subscription fees for online applications. Businesses use the software to automate administrative processes, while reducing the risk of litigation and other compliance issues. Companies also use the software to control labor costs, minimize risk and manage personnel.

Despite overall growth, the industry has consolidated, which is a common trend across the entire software publishing sector. With average profit margins of 20 percent, large software companies like Intuit inc., Microsoft Corporation and Oracle, who dominate the market, will rely on acquisitions to fine-tune their product portfolios. Software companies have increasingly acquired smaller, niche firms to fill in gaps in their product portfolio. IBISWorld estimates that the number of industry establishments has fallen by 2.9 percent annually to 106 in the five years to 2011.

In the five years to 2016, revenue for the HR and Payroll Software industry is forecast to increase 5.0 percent annually to $4.0 billion, according to IBISWorld. The industry will benefit from increasing private investment in computers and software and the further adoption of the software as a service (SaaS) business model. In this model, providers license their applications to customers for use as a service on demand. Some companies will return to outsourced HR and payroll providers as corporate profit increases. Nevertheless, a rise in the volume of administrative work, necessitated by improvements in the labor market, will increase industry demand over the next five years.

Source:http://www.prweb.com/releases/2011/9/prweb8831042.htm