Income statement

Payroll Organizations Host First Interactive Payroll Solutions Showcase

Retrieved on: 
Tuesday, July 13, 2021
Income statement, Payroll, Employment compensation, American Payroll Association

SAN ANTONIO, July 13, 2021 /PRNewswire/ --The American Payroll Association and the Global Payroll Management Institute are co-hosting the first ever Payroll Solutions Showcase on July 13, 2021.

Key Points: 
  • SAN ANTONIO, July 13, 2021 /PRNewswire/ --The American Payroll Association and the Global Payroll Management Institute are co-hosting the first ever Payroll Solutions Showcase on July 13, 2021.
  • Participants at the Payroll Solutions Showcase can attend four panel discussions throughout the day, covering topics including reshaping the employee experience, payroll and HR information systems, embracing automation, and different pay options.
  • "The Payroll Solutions Showcase is a first-of-its-kind event for payroll professionals to meet with payroll industry service providers all in one place," said Dan Maddux, executive director of the American Payroll Association.
  • The Payroll Solutions Showcase brings the top payroll service providers together in one easy to attend virtual venue."

APS Announces Partnership with Immediate EWA Solution

Retrieved on: 
Thursday, July 8, 2021
Income statement, Economy, Employment compensation, Labor, Wages and salaries, Human resource management, Earned Wage Access, Financial technology, Information systems, Payroll, Human resource management system, APS Payroll

SHREVEPORT, La., July 8, 2021 /PRNewswire-PRWeb/ -- Automatic Payroll Systems, Inc. (APS), a provider of best-in-class payroll and HR technology, has announced a strategic partnership with Immediate to provide employees with financial wellness benefits like earned wage access (EWA).

Key Points: 
  • SHREVEPORT, La., July 8, 2021 /PRNewswire-PRWeb/ -- Automatic Payroll Systems, Inc. (APS), a provider of best-in-class payroll and HR technology, has announced a strategic partnership with Immediate to provide employees with financial wellness benefits like earned wage access (EWA).
  • The Immediate solution provides employees with on-demand access to their earned but not yet paid wages through integrations with APS' payroll technology.
  • Based in Birmingham, Alabama, Immediate provides employers with a solution to offer their employees a better workforce experience.
  • Through our partnership with APS, we can provide our key financial services to employees in the education, healthcare, hospitality, food service, and non-profit industries," said Lindsey Seal, Vice President of Partnerships.

Paycom Launches BetiTM, an Industry-First Employee-Driven Payroll Solution

Retrieved on: 
Tuesday, July 6, 2021
Professional services, Data management, Technology, Human resources, Finance, Software, Income statement, Economy, Articles, Human resource management, Employment compensation, Information systems, Household income, Paycheck, Payroll, Paycom, Human resource management system, Professional services, Data management, Technology, Human resources, Finance, Software, Income statement, Economy, Articles, Human resource management, Employment compensation, Information systems, Household income, Paycheck, Payroll, Paycom, Human resource management system

View the full release here: https://www.businesswire.com/news/home/20210706005447/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210706005447/en/
    Beti is the industrys first self-service payroll technology, allowing employees to do their own payroll.
  • (Photo: Business Wire)
    Paycoms BetiTM (Better Employee Transaction Interface), an enhancement to the companys existing payroll offering, further automates and streamlines the payroll process by empowering employees to do their own payroll, increasing efficiencies and reducing errors.
  • Employees already manage all other components of their paychecks, including timecards, expenses, PTO requests and benefits; now they have the convenience within Paycom to process their own payroll, too.
  • As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment.

Host Hotels & Resorts, Inc. Acquires Baker’s Cay Resort Key Largo for $200 Million

Retrieved on: 
Tuesday, July 6, 2021
Profit, Finance, Money, Economy, Corporate taxation, Fundamental analysis, Valuation, Income statement, Earnings before interest, taxes, depreciation and amortization, Net income, Income, NET

After a complete $63 million renovation and repositioning in 2019, Bakers Cay shows like a new resort.

Key Points: 
  • After a complete $63 million renovation and repositioning in 2019, Bakers Cay shows like a new resort.
  • Host Hotels& Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.
  • The propertys 2021E net income is $8.7 million and the difference between net income and EBITDA is depreciation expense of $5.1 million.
  • Net income for the acquisitions is $42.5 million and the difference between net income and EBITDA is depreciation expense of $27.3 million.

ezPaycheck Payroll Software Now Offers New Features To Compensate Staff With Vacation Pay

Retrieved on: 
Friday, July 2, 2021
Accounting software, Economy, Income statement, Money, Payroll, Paycheck, Business software, AME Accounting Software, APS Payroll

ezPaycheck software is designed to automate paycheck processing to reduce time spent running payroll.

Key Points: 
  • ezPaycheck software is designed to automate paycheck processing to reduce time spent running payroll.
  • Small businesses get unique features in the latest release of ezPaycheck payroll software:
    Supports daily, weekly, biweekly, semimonthly and monthly payroll periods.
  • Priced at $109 per calendar year (single user version), ezPaycheck payroll software is affordable for any size business.
  • Halfpricesoft.com is a developer of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 ACA form software and ezACH direct deposit software.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

Retrieved on: 
Thursday, July 1, 2021
Banking, Accounting, Professional services, Finance, Finance, Money, Financial markets, Equity securities, Stock market, Corporate finance, Income statement, United States Generally Accepted Accounting Principles, Dividend, Preferred stock, Trust law, Liquidation preference, XA Investments, XMS Capital Partners, Octagon Credit Investors, XA INVESTMENTS, XMS CAPITAL PARTNERS, OCTAGON CREDIT INVESTORS

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.
  • The Trusts 6.50% Series 2026 Term Preferred Shares dividend was calculated based on the preferred shares Liquidation Preference of $25.00 per share and the current quarterly distribution rate per share of $0.40625.

Squire To Offer Integrated Payroll Functionality With The Help of Gusto Embedded Payroll

Retrieved on: 
Wednesday, June 30, 2021
Income statement, Economy, Payroll, Wages and salaries, Employment, Employment compensation, Expense, Withholding taxes, Paycheck, Barbershop, Barber, Point of sale

"In launching a payroll solution integrated into our platform, Squire continues to build on our commitment to be the best-in-class, end-to-end platform to power all parts of barbershop operations."

Key Points: 
  • "In launching a payroll solution integrated into our platform, Squire continues to build on our commitment to be the best-in-class, end-to-end platform to power all parts of barbershop operations."
  • Barbershop owners are already able to utilizeSquire to track barber productivity, including the total generated revenue, hours worked, and commission calculations.
  • Embedding Gusto's full-service payroll functionality allows shop owners to calculate salary, hourly wages and overtime, automatically file local, state, and federal payroll taxes, direct deposit employee paychecks and generate W-2s among other features.
  • Founded in 2015, SQUIRE Technologies provides a robust, fully integrated software system for Barbershops and men's salons.

The "Medicare Tax" That Never Made It To The Medicare Trust Fund - Transfer Those Taxes! Says The Senior Citizens League

Retrieved on: 
Tuesday, June 22, 2021
Income statement, Liberalism in the United States, Withholding taxes, Federal assistance in the United States, Healthcare reform in the United States, Medicare, Presidency of Lyndon B. Johnson, Payroll, Expenditures in the United States federal budget, Medicare Advantage

When Medicare solvency is under discussion, the focus is often placed on the Medicare Part A Trust Fund (hospital insurance), which is primarily financed by payroll taxes.

Key Points: 
  • When Medicare solvency is under discussion, the focus is often placed on the Medicare Part A Trust Fund (hospital insurance), which is primarily financed by payroll taxes.
  • The last time Medicare Part A Trust Fund was forecast to become insolvent was in 2009.
  • That year, the Medicare Trust Fund was forecast to become insolvent by 2017.
  • According to the Federal Register "Amounts collected under section 1411 are not designated for the Medicare Trust Fund.

X Financial Reports First Quarter 2021 Unaudited Financial Results

Retrieved on: 
Tuesday, June 15, 2021
Income, Income statement

SHENZHEN, China, June 15, 2021 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.

Key Points: 
  • SHENZHEN, China, June 15, 2021 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.
  • Net income attributable to X Financial shareholders in the first quarter of 2021 was RMB192.8 million (US$29.4 million), compared with net loss attributable to X Financial shareholders of RMB196.3 million in the same period of 2020.
  • Non-GAAP[1] adjusted net income attributable to X Financial shareholders in the first quarter of 2021 was RMB212.0 million (US$32.4 million), compared with Non-GAAP adjusted net loss attributable to X Financial shareholders of RMB159.9 million in the same period of 2020.
  • In the first quarter of 2021, both our operational and financial results continued to show progress against our strategic objectives.

BeWhere Holdings Inc. Reports First Quarter 2021 Financial Results, Business Update and Announces Grant of Options

Retrieved on: 
Thursday, May 27, 2021
Finance, Money, Economy, Fundamental analysis, Profit, Income statement, Earnings before interest, taxes, depreciation and amortization, Private equity, Amortization, Income, Earnings, Depreciation

Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, and other non-recurring gains and losses.

Key Points: 
  • Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, and other non-recurring gains and losses.
  • Management believes that Adjusted EBITDA is a useful measure that facilitates period to period operating comparisons.
  • As the application of its monitors becomes better known, BeWhere is well positioned to serve an increasingly broader market.
  • BeWhere Holdings Inc. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law.