BSI Payroll Tax Solutions Quickly Updated for Extended Payroll Tax Cut

Norcross, Georgia (PRWEB) December 30, 2011

Business Software, Inc. (BSI?), a leading provider of comprehensive payroll tax calculation and compliance solutions, announced today that it quickly modified its payroll tax calculation software when Congress extended the reduced Employee Social Security Tax Rate through February 2012.

The two-month extension of the payroll tax cut was signed by the President on Friday, December 23, and updates were made available to BSI customers for implementation immediately after the holidays on Tuesday, December 27, for both BSI TaxFactory? SaaS (on-demand) and BSI TaxFactory (on-premise) versions.

?We closely monitored the Congressional vote and remained on alert to implement the changes once the Temporary Payroll Tax Cut Continuation Act of 2011 was passed by Congress and signed by the President,? said Russell Rindik, BSI Vice President of Operations. ?This is important to our customers, and we wanted to make the update available as soon as possible.?

Nearly 160 million workers will benefit from the extension of the reduced payroll tax rate that has been in effect for 2011, according to the IRS. The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, continuing the reduction of their Social Security tax withholding rate from 6.2 percent to 4.2 percent of wages paid through Feb. 29, 2012. This reduced Social Security withholding will have no effect on employees? future Social Security benefits.

Employers should implement the new payroll tax rate as soon as possible in 2012 but no later than Jan. 31, 2012, according to the IRS. For any Social Security tax over-withheld during January, BSI TaxFactory?s self-adjusting feature will automatically make the appropriate adjustments, relieving employers of having to make any manual adjustments in workers? pay.

About BSI TaxFactory

BSI TaxFactory automates payroll tax calculations for the most complex payrolls and helps any size company meet ever-changing regulatory requirements. Save time and improve productivity through BSI TaxFactory?s scalable, innovative technology that integrates with internal Payroll and Deferred Income systems and quickly processes a high payroll volume. Increase accuracy with comprehensive coverage for Federal, State, local and territory tax jurisdictions. BSI TaxFactory is available on-premise or on-demand (SaaS).

About BSI

For more than 32 years, BSI has provided industry-leading payroll tax calculation and compliance solutions that help businesses meet ever-changing tax regulations and compliance standards while improving payroll efficiency and reducing costs. Starting with BSI-TAX in 1979, BSI solutions have offered innovative, scalable technology; seamless integration; and comprehensive U.S. payroll tax coverage to payroll vendors, service bureaus and individual organizations. BSI remains focused on adapting to changing customer needs, recently introducing SaaS versions of BSI TaxFactory and BSI ComplianceFactory? so customers have a choice of on-premise, on-demand (SaaS), or a combination of both. BSI solutions fit any size or type of company in any industry.

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Horizon Business Solutions Announces Savings of Over $34,000 for Clients Taking Advantage of Health Care Tax Credit in 2011

Reynoldsburg, OH (PRWEB) January 12, 2012

Tracy Russ, an accountant with Horizon Business Solutions (Horizon), says that in 2011 the small business health care tax credit saved their clients a total of $ 34,776. Out of 100 clients Russ says 16 received the credit. And while preparation for the credit does require a little extra work for both the client and the accountant, Russ says ?On average, it takes 1 to 1.5 hours,? a small time investment for such savings.

Few businesses are taking advantage of the credit and Horizon is encouraging small businesses and tax-exempt organizations to do so. ?Most other CPA firms do not have the internal knowledge to easily calculate the credit,? says Russ. Still, businesses that were eligible but neglected to claim the credit in 2010 can still claim it by filing an amended 2011 return.

According to the IRS, the credit can translate into as much as $ 30,000 in savings over a three year period. The credit is for small businesses and tax-exempt organizations. Small businesses are defined as businesses that employ 25 or fewer workers with average incomes of $ 50,000 or less.

Here?s how it works: small employers who pay at least 50 percent of health insurance premiums for employees qualify for a credit of up to 35 percent of the premiums paid for tax years 2010 to 2013. Tax-exempt organizations are eligible for a credit of up to 25 percent of premiums paid. Beginning in 2014, the credit will go up to 50 percent of premiums paid for small businesses and 35 percent of premiums paid for tax-exempt organizations.

?I think it?s a great credit,? says Horizon?s Russ, adding that while it is not a dollar for dollar credit, ?the client is still ahead.?

Concerns over the potential impact of health care reform on small businesses have prompted the formation of several nonprofit small business advocacy groups, including the Small Business Majority. The New York Times quoted a study conducted by the group which concluded that half of companies with nine or fewer workers do not currently provide employee health coverage. The group concluded that many of the new changes benefit small businesses by helping them afford health benefits for their workers. The small business health care tax credit is one of the benefits to small business owners and tax-exempt organizations.

According to the New York Times, the group?s chief executive, John Arensmeyer says, ?Small businesses want to be part of the system, adding, ?They don?t want to shirk their responsibilities,? But, ?the system needs to be fixed.?

While the tax credit provides a great benefit for many small businesses it is not without problems. Horizon?s Russ warns, ?One problem lies with family stipulations. You can?t include members of a family working for a business?.With small businesses it is common for family members to work there, so they typically don?t qualify for this reason.?

Still, the tax credit can provide relief for many small businesses and tax-exempt organizations and it is scheduled to provide even greater relief over the next 3 to 5 years. Horizon encourages both small business owners and other tax preparers to take advantage of any opportunities to keep help keep small business viable and to increase profits.

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Rehabmart.com Partners with Evo Medical Solutions to Bring the Latest in Respiratory Health Products to Consumers

Elberton, GA (PRWEB) December 23, 2011

Rehabmart.com, an online e-commerce company that sells rehabilitation and medical supplies, has partnered with Evo Medical Solutions, a respiratory product manufacturer, to provide consumers with the latest advances and technologies available in the respiratory health field. Evo Medical Solutions specializes in the creation, development and distribution of products that help treat all stages of respiratory diseases. Rehabmart helps to distribute these innovative products to a larger consumer base, making these products more readily available to the consumers who need them.

Evo aerosol products, such as nebulizers, treat respiratory diseases including asthma, COPD and other breathing disorders while special suction devices help to remove secretions in the upper airway of the lungs. Their sleep products are designed to treat patients who suffer with obstructive sleep apnea (OSA). Some of their most popular products include their personal oxygen conservers which deliver oxygen for patients with chronic pulmonary disorders. Evo's ?SmartDose Technology? auto-adjusts to patient activity, supplying more oxygen as it is needed, and turning down oxygen when the patient is resting. This state-of-the-art system guarantees that the right dose is given at the right time to deliver unmatched therapeutic results, every time.

?We couldn't be any happier about our partnership with Evo Medical Solutions.? said Founder and CEO of Rehabmart, Hulet Smith. ?No other respiratory manufacturer can surpass the quality and efficacy of the Evo product line and we are elated to provide their amazing products to our customers.?

To find more information about the Evo Medical Solutions products offered by Rehabmart, please go to the Evo Medical Solutions page.

About Rehabmart.com:

As Occupational Therapists, the founders of Rehabmart have the breadth of knowledge and experience necessary to match the needs of its customers with the very latest innovative products in the field of medical supplies and rehabilitation equipment. As parents of special needs children, they have a personal interest in finding the best products to improve the lives of those who are disabled and medically challenged. Rehabmart.com is committed to provide superior customer service, competitive pricing and exceptional product offerings.

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Integrated Microwave Technologies Delivers Complete Wireless Solutions for Ashgabad TV Tower Project

Mt. Olive, NJ (PRWEB) December 08, 2011

Integrated Microwave Technologies, LLC (IMT), a Business Unit within the Vitec Group?s Videocom Division, and a leader in advanced digital microwave systems serving the Broadcast, Sports & Entertainment and MAG (Military, Aerospace & Government) markets, provided its Nucomm CamPac2 and Newscaster DR2 state-of-the-art wireless equipment for the Ashgabat Tower, a major television tower in Ashgabat, Turkmenistan.

The Ashgabat Tower project houses 13 television studios and 50 editing suites. Seven television stations and six radio stations have made their home in the sophisticated broadcast complex.

?It is a fantastic opportunity to be a part of this exciting and prestigious project,? says Integrated Microwave Technologies Divisional Chief Executive Stephen Shpock. ?We are offering a tremendous solution that allows users to operate their outside broadcast trucks in and around Turkmenistan.?

The Nucomm CamPac2 transmitters and Newscaster DR2 receiving systems offer easy-to-use solutions for fully portable HD camera systems, enabling the OB cameras to go anywhere. Whether it is sports, entertainment or news, the images are always sharp, and glitch free when on the move, using Nucomm's COFDM digital transmission technology.

Coupled with this, the tower has been fitted with a Nucomm Central Receive Solution, which enables the OB vehicles to transmit their pictures back to the television studio live, without the need for satellite airtime. Whether it?s being used as a primary video feed, or backup to a satellite uplink, Nucomm?s Central Receive Solution is a great investment for any television station. Once fitted, it?s free to use and provides many years of trouble-free outside broadcast airtime. With ranges of more than 100 miles, large areas of the country can easily and effectively be covered from a single receive site.

About Integrated Microwave Technologies, LLC

Integrated Microwave Technologies, LLC (IMT) is a Business Unit within the Vitec Group?s Videocom Division. The company comprises the leading microwave brands Nucomm, RF Central and Microwave Service Company (MSC), offering broadcasters worldwide complete broadcast solutions. Nucomm is a premium brand of digital microwave video systems (including COFDM and VSB) for portable and fixed link applications. RF Central is an innovative brand of compact microwave video equipment for licensed and license free broadcast applications. MSC is a premier provider of engineering, integration, technical support, installation and commissioning services.

More information can be found at http://www.imt-broadcast.com.

A Snapshot of The Vitec Group

Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2010 revenue of ?310 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three divisions: Imaging & Staging, Videocom and Services.

Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events.

Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.

Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.

More information can be found at http://www.vitecgroup.com.

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Datacolor? Names Manfrotto Distribution U.S. Master Distributor for its Spyder? Monitor and Print Calibration Solutions

Lawrenceville, NJ (PRWEB) January 7, 2010

Datacolor? (http://www.datacolor.com ), the global leader in digital color management technology, today announced that Manfrotto Distribution (formerly Bogen Imaging Inc.) will serve as its U.S. master distributor for the entire line of Datacolor Spyder? monitor and print calibration solutions including Spyder3Studio SR?, Spyder3Print SR?, Spyder3Elite?, Spyder3Pro?, Spyder3Express? and the award-winning SpyderCube? RAW calibration tool.

Datacolor's line of Spyder color calibration solutions are designed for serious photographers and creative professionals who require a high degree of color accuracy throughout their digital workflow.

"Clearly the synergy between our target audiences - those photographers that demand the highest in quality, performance and reliability - is evident. We are proud to add Datacolor to our growing roster of first-class partners," said Andrew Mougis, Vice President, Sales and Marketing, Manfrotto Distribution. "Datacolor's highly-respected Spyder line is widely recognized as the most advanced color management technology available today."

The Spyder3Studio SR workflow solution includes the new Spyder3Print SR (strip reader), a spectrocolorimeter that incorporates significant advancements in ICC printer profile technology; the Spyder3Elite, a monitor calibration tool which has become the trusted, industry standard of millions of photographers and enthusiasts; and the SpyderCube, which eliminates any need for traditional 18% gray cards. The Spyder3Pro is the perfect calibration tool for professionals and enthusiasts who are looking for a fast and easy way to manage monitor calibration. The Spyder3Express ensures accurate, reliable and consistent colors every time so photographs, including tonal ranges in black-and-white photos, will always look their best and brightest.

"With our shared core competencies of a commitment to outstanding customer service, a relentless pursuit of innovation, and a history of smart and sustainable growth, the building of this relationship with Manfrotto Distribution will be beneficial to both our businesses and customers alike," said Christoph Gamper, Vice President, Consumer Business Unit, Datacolor. "Manfrotto Distribution is a premier U.S. distributor of professional quality photographic and video accessories and its reputation for excellence, and reach within the industry, are unparalleled. We anticipate having a long and mutually-rewarding relationship with Manfrotto Distribution."

As the leader in digital color management technology with global operations that develop solutions chosen by leading brands, manufacturers, professional photographers and studios, Datacolor works with partners and distributors to deliver its intuitive tools to desktops worldwide.

About Manfrotto Distribution

Manfrotto Distribution, Inc. is a leading distributor of key accessories brands for the photographic, video, cine and lighting production markets. Manfrotto Distribution is an international company within the Imaging Division of the Vitec Group, which owns the following leading international brands: Manfrotto, Gitzo, Kata, National Geographic Bags and Tripods, Avenger, and I.F.F. As the exclusive US distributor of Metz, Gossen, Elinchrom, Lastolite, Formatt Filters, and Rotatrim, Manfrotto Distribution offers the most complete range of exceptional camera and lighting accessories in the business. The Manfrotto Distribution international network covers the USA, Germany, France, Italy, UK and Japan. For more information about Manfrotto Distribution, visit http:///http://www.manfrottodistribution.us .

About Datacolor

Datacolor is a global leader in color management solutions and color communication technology. The world's leading brands, manufacturers, creative professionals and consumers have been choosing Datacolor's innovative technology and solutions to consistently achieve the right color for nearly 40 years. A Swiss held company, Datacolor's global presence encompasses a sales, service and support network serving customers in more than 65 countries throughout Europe, the Americas and Asia, along with 13 worldwide operation and production facilities. Industries served include apparel and textile, paint and coatings, automotive, plastics, photography, home theater and others. For more information about Datacolor and its products or services, visit http://www.datacolor.com .

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