Republican Party, Teabag Party and the Libertarian Party absolutely SUCK!

[Exterminator]

* representatives...not that they do.

[Bo D]

Last night I heard an interview on the radio with a guy who was asked what would happen if the payroll tax deduction were continued at the last minute. Would the payroll companies be able to make the changes in time? He answered that the payroll tax extension is basically just that. An extension of the current cuts -  and that payroll departments would have no trouble at all.

This morning I heard Cal Thomas venting his usual conservative nonsense claiming that the same guy said the extension was unworkable because of the complexities involved for the payroll companies. 

[Henry Hawk]

Last night I heard an interview on the radio with a guy who was asked what would happen if the payroll tax deduction were continued at the last minute. Would the payroll companies be able to make the changes in time? He answered that the payroll tax extension is basically just that. An extension of the current cuts -  and that payroll departments would have no trouble at all.

This morning I heard Cal Thomas venting his usual conservative nonsense claiming that the same guy said the extension was unworkable because of the complexities involved for the payroll companies. 

what I beleive he was referring to was that the two month extension would only create MORE problems, because of the paperwork involved....they have to do it quarterly and doing it at 2 months then again in 3 months adds to its complexities...the house would at a min would do a 90 day extension...but wants a 1-year.

that is what I "heard"

[Exterminator]

what I beleive he was referring to was that the two month extension would only create MORE problems, because of the paperwork involved....they have to do it quarterly and doing it at 2 months then again in 3 months adds to its complexities...the house would at a min would do a 90 day extension...but wants a 1-year.

that is what I "heard"

From a data processing perspective, what you "heard" is ridiculous.  Any extension can be turned on or off in minutes and could become active or inactive at any point in the pay cycle with virtually no disruption.

[Henry Hawk]

From a data processing perspective, what you "heard" is ridiculous.  Any extension can be turned on or off in minutes and could become active or inactive at any point in the pay cycle with virtually no disruption.

could be, that was what I had heard on the radio this morning discussing this very topic.  I don't know.

[Bo D]

what I beleive he was referring to was that the two month extension would only create MORE problems, because of the paperwork involved....they have to do it quarterly and doing it at 2 months then again in 3 months adds to its complexities...the house would at a min would do a 90 day extension...but wants a 1-year.

that is what I "heard"

No. He was specifically addressing "what would happen if the payroll tax deduction were continued at the last minute."

[Henry Hawk]

http://mobile.bloomberg.com/news/2011-12-19/payroll-processors-fume-as-congress-fiddles-on-tax-cut-extension

The two-month proposal would cause logistical problems, said Isberg, who works at Automatic Data Processing Inc. (ADP) but wasn't speaking for the company.
"System-wise, it would cause more problems than if nothing were done," O'Toole said.
Isberg's group sent lawmakers a letter yesterday warning that there is "insufficient lead time" to implement the separate limit for January and February, which would require significant programming changes.
The approach, he wrote, "could create substantial problems, confusion and costs affecting a significant percentage of U.S. employers and employees."
Easier to Implement
Instead, Isberg wrote, enacting the 4.2 percent rate retroactively during 2012 would be easier to implement, because many payroll systems self-correct when tax rates change.
Fiorille, of Rochester, New York-based Paychex, said the $18,350 cap would create a new wrinkle that would cause difficulty and extra work during the payroll industry's busy season.
"We'll do it," he said. "We always get it done."
Intuit Inc., which makes QuickBooks accounting software for small businesses, would be able to update its system quickly once it receives the necessary information from the Internal Revenue Service, Sharna Brockett, a public relations manager for the company, said in an e-mailed statement.
"Regardless of the outcome, any changes should have minimal effect on our customers and their ability to process payroll with the latest tax rate," Brockett said.
Smaller Businesses
Smaller businesses that use off-the-shelf software or prepare pay stubs by hand would also face difficulty complying with late changes.
"It's a complication in the employer's life and I think the smaller employers are the ones who are going to feel the confusion more directly," said Abe Schneier, a senior technical manager at the American Institute of Certified Public Accountants in Washington.
People who work for themselves and pay both the employer and employee sides of the tax will have trouble ensuring they make the correct quarterly estimated tax payments, he said.
Schneier said he thought that large payroll providers would face complications, though would largely be able to manage the changes.

[Exterminator]

I'll agree with the part about smaller businesses doing checks by hand but the part about ADP and Paychex is bullshit.  The ranges and rates are 100% file driven and would require zero programming.  All that would need to be done is to enter the new ranges/rates into the appropriate file and the existing programming would base its calculations off of the new information.

[The Troll]

    For line item veto.   

[Henry Hawk]

    For line item veto.   

 

[Bo D]

The two-month proposal would cause logistical problems, said Isberg, who works at Automatic Data Processing Inc. (ADP) but wasn't speaking for the company.

That "wasn't speaking for the company." is a very telling addition.

Then he adds .....

"We'll do it," he said. "We always get it done."

I suspect that this ....

Intuit Inc., which makes QuickBooks accounting software for small businesses, would be able to update its system quickly once it receives the necessary information from the Internal Revenue Service, Sharna Brockett, a public relations manager for the company, said in an e-mailed statement.
"Regardless of the outcome, any changes should have minimal effect on our customers and their ability to process payroll with the latest tax rate," Brockett said. [/I]

is much closer to the truth.

[Henry Hawk]

I suspect that this ....

well of course you do.

[Bo D]

well of course you do.

It was a quote from the article you posted. If you had bothered to really read it.

[Henry Hawk]

It was a quote from the article you posted. If you had bothered to really read it.

and YOU picked what YOU wanted...disregard what some said.

the bottom line is, it could create some hiccups..or worse..and my question was WHY two-months?.......at least three makes it line up quarterly.
this is nothing more than politics from both sides playing at the cost of hard working americans.

[Bo D]

and YOU picked what YOU wanted...disregard what some said.

the bottom line is, it could create some hiccups..or worse..and my question was WHY two-months?.......at least three makes it line up quarterly.
this is nothing more than politics from both sides playing at the cost of hard working americans.

Please tell us exactly who is holding this up. The Senate approved it with an almost unanimous (89-10) vote.