Income statement

Agent Information Software (AIFS) Publishes 2020 Second Quarter Financials

Monday, September 21, 2020 - 6:00pm

RANCHO CUCAMONGA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- The parent company of Auto-Graphics, Inc., Agent Information Software released their earnings for the second quarter of 2020, ending June 30, 2020.

Key Points: 
  • RANCHO CUCAMONGA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- The parent company of Auto-Graphics, Inc., Agent Information Software released their earnings for the second quarter of 2020, ending June 30, 2020.
  • AIFS reported a net income of $158k with an EBITDA of $528k that represented 20.3% of sales at quarter end.
  • Cash flow remained strong into the second quarter with no drop in customer receipts and an increased focus on costs.
  • The companys versatile AGent Library Software Platform continues to provide solutions that empower libraries across North America, to provide more products and services to their communities.

Number of Americans Living Paycheck to Paycheck on Decline Despite Pandemic

Monday, September 21, 2020 - 3:13pm

This is a decrease from the 74 percent of individuals who indicated they were living paycheck to paycheck in the 2019 survey, prior to the outbreak of COVID-19.

Key Points: 
  • This is a decrease from the 74 percent of individuals who indicated they were living paycheck to paycheck in the 2019 survey, prior to the outbreak of COVID-19.
  • The annual APA survey asked respondents how difficult it would be to meet their current financial obligations if their paychecks were delayed for a week.
  • Approximately 23,600 respondents, nearly 69 percent, said they would find it either somewhat or very difficult to meet their financial obligations.
  • The "Getting Paid In America" survey was held in conjunction with the APA's annual public awareness campaign National Payroll Week , September 7-11.

Employee Confidence in Payroll and Paycheck Accuracy Remains High During Pandemic

Thursday, September 17, 2020 - 8:11pm

This is an increase of three percent from the 84 percent of respondents who responded to this question in the 2019 survey.

Key Points: 
  • This is an increase of three percent from the 84 percent of respondents who responded to this question in the 2019 survey.
  • "More than ever, employees should have full confidence they are being paid accurately each payday," said Dan Maddux, executive director of the APA.
  • The annual APA survey asked, "How certain are you that your payroll withholding and the net amount of your paycheck arecorrect each payday?"
  • The "Getting Paid In America" survey was held in conjunction with the APA's annual public awareness campaign National Payroll Week , September 7-11.

G&A Partners Promotes Erin Rafferty to Vice President of Payroll Operations & New Client Onboarding

Thursday, September 17, 2020 - 1:13pm

G&A Partners , a leading national professional employer organization (PEO) announced today the appointment of Erin L. Rafferty as its vice president of payroll operations and new client onboarding.

Key Points: 
  • G&A Partners , a leading national professional employer organization (PEO) announced today the appointment of Erin L. Rafferty as its vice president of payroll operations and new client onboarding.
  • Rafferty has more than 23 years of operations experience in the PEO industry, including more than 12 years with G&A Partners.
  • During her tenure at G&A, she has helped the company improve clients payroll accuracy, refine their payroll processes, and promote efficiency, which has helped G&A achieve best-in-class payroll services for its clients.
  • A Certified Payroll Professional (CPP), Rafferty has been an active member of the American Payroll Association (APA) and is G&A Partners payroll subject matter expert.

Virtual Payroll Boot Camp: Gain Crucial Insights into 5 Key Areas of Wage & Hour Law

Wednesday, September 16, 2020 - 11:15pm

DUBLIN, Sept. 16, 2020 /PRNewswire/ -- The "6-Hour Virtual Seminar on Payroll Virtual Boot Camp: Wage & Hour" webinar has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 16, 2020 /PRNewswire/ -- The "6-Hour Virtual Seminar on Payroll Virtual Boot Camp: Wage & Hour" webinar has been added to ResearchAndMarkets.com's offering.
  • This webinar concentrates on five areas of wage and hour law: paying exempt employees, calculating gross wages under the FLSA, deducting from an employee's wages, the nuts and bolts of physically paying employees and changing payroll frequencies.
  • Join renowned payroll expert Vicki M. Lambert, CPP for this 5 and one-half hour 'Boot Camp' format, Wage and Hour Training for Payroll Professionals!
  • By knowing and understanding Wage and Hour requirements, you can help protect your company from what could be a major financial calamity.

Survey Reveals Employees Want On-Demand Paydays

Wednesday, September 16, 2020 - 3:12pm

This finding was revealed in the 2020 "Getting Paid In America" survey , conducted by the American Payroll Association (APA) during National Payroll Week.

Key Points: 
  • This finding was revealed in the 2020 "Getting Paid In America" survey , conducted by the American Payroll Association (APA) during National Payroll Week.
  • The annual " Getting Paid In America" survey asked, "Would you like access to some or all of your wages on-demand as you earn them instead of waiting for payday?"
  • On-demand wage payment is a new, emerging tool for employees that can help them better manage their day-to-day finances.
  • The "Getting Paid In America" survey showed that more than five percent of respondents were already taking advantage of this new technology.

ezAccounting 2020 Software Updated to Support the New Social Security Withholding Deferral

Tuesday, September 15, 2020 - 12:00pm

DETROIT, Sept. 15, 2020 /PRNewswire-PRWeb/ -- ezAccounting business and payroll software from Halfpricesoft.com now supports updates including the new Social Security withholding deferral.

Key Points: 
  • DETROIT, Sept. 15, 2020 /PRNewswire-PRWeb/ -- ezAccounting business and payroll software from Halfpricesoft.com now supports updates including the new Social Security withholding deferral.
  • All current ezAccounting 2020 customers will get this update at no additional cost.
  • On August 8, 2020, President Trump issued a Presidential Memorandum directing the Secretary of the Treasury (Secretary) to use his authority pursuant to section 7508A of the Internal Revenue Code (Code) to defer the withholding, deposit, and payment of certain payroll tax obligations.
  • See details below
    "Developers at Halfpricesoft.com have updated the 2020 version of ezAccounting to support the new Social Security withholding deferral."

Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution

Monday, September 14, 2020 - 8:08pm

The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0765 per common share payable September 15, 2020, to shareholders of record as of August 31, 2020.

Key Points: 
  • The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0765 per common share payable September 15, 2020, to shareholders of record as of August 31, 2020.
  • It is currently estimated that $0.0331 per share represents net investment income and $0.0434 per share represents return of principal.
  • The distribution will be calculated as 10 percent of the previous months average NAV, divided by 12.
  • Under the managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level.

Payroll4Free.com Raising Funds via Equity Crowdfunding to Continue Disrupting Payroll Processing

Tuesday, September 8, 2020 - 3:37pm

BEACHWOOD, Ohio, Sept. 8, 2020 /PRNewswire/ --Up until recently, small business owners processing payroll had to pay their employees along with paying hefty fees to payroll processors to make employee paychecks happen.

Key Points: 
  • BEACHWOOD, Ohio, Sept. 8, 2020 /PRNewswire/ --Up until recently, small business owners processing payroll had to pay their employees along with paying hefty fees to payroll processors to make employee paychecks happen.
  • Payroll4Free.Com changed all that by offering totally free payroll processing to small businesses.
  • As a result, the smallest companies are charged the largest amount per employee or check.
  • By focusing on the very small business, Payroll4Free.com addresses a great need for a very under-served market."

Payroll Group Offers Money Maximizing Tools, Free Paycheck During National Payroll Week

Monday, September 7, 2020 - 3:12pm

SAN ANTONIO, Sept. 7, 2020 /PRNewswire/ -- In honor of National Payroll Week (NPW), September 7-11, the American Payroll Association (APA) is providing individuals across America resources to get more out of their pay and the opportunity to win a free paycheck .

Key Points: 
  • SAN ANTONIO, Sept. 7, 2020 /PRNewswire/ -- In honor of National Payroll Week (NPW), September 7-11, the American Payroll Association (APA) is providing individuals across America resources to get more out of their pay and the opportunity to win a free paycheck .
  • "National Payroll Week is the perfect time to ensure everyone across the country is equipped with the best tools and resources possible to get more from their pay," shared Dan Maddux, executive director of the APA.
  • National Payroll Week is an annual event recognizing the contributions of America's wage-earners and the payroll professionals who ensure they are paid accurately and on-time.
  • The American Payroll Association is the nation's leader in payroll education, publications, and training.