Market Closed - Nasdaq Other stock markets | 5-day change | 1st Jan Change | ||
252.3 USD | +0.91% | | +2.22% | +8.31% |
05-03 | Evercore ISI Adjusts Price Target on Automatic Data Processing to $238 From $235 | MT |
05-02 | Barclays Adjusts Price Target on Automatic Data Processing to $282 From $280 | MT |
December 15, 2014 at 02:00 pm
ROSELAND, NJ--(Marketwired - Dec 15, 2014) - As the end of 2014 inches near, ADP®, a leading global provider of Human Capital Management (HCM) solutions, offers the following important year-end tips and reminders to small business owners, their accountants and other advisors, to help streamline the tax filing process.
- Verify Tax IDs - Work with your accountant or payroll service provider to confirm that all tax ID numbers on payroll reports are up to date and correct.Be sure to correct all discrepancies before processing the company's last payroll for 2014.
- Confirm W-2 and 1099 Information with Employees - Ask your employees to review and confirm their W-2 and 1099 information before the end of the year.Provide your accountant or payroll provider with any updated employee W-2 information prior to the last payroll report in 2014.If you need to file a W-2c form with the IRS to correct an employee's W-2, immediately notify your accountant or payroll provider of the updated information.
- Know Your Filing Responsibilities - Typically, either the small business owner or the company's accountant is responsible for filing the company's taxes.Verify your responsibilities with your accountant or tax advisor.
- Submit Payroll Adjustments - Submit any payroll adjustments for employees, such as voided or manually issued employee checks, to your accountant or payroll service provider before your final 2014 payroll report.You must complete this before Dec. 31, 2014.
- Report All Missing Wages or Miscellaneous Income/Tax Credits - You are required to report items such as fringe benefits, tips, COBRA payments, employee moving expenses, unsubstantiated employee expense reimbursem*nts and others to your accountant or payroll service provider before the company's final payroll report of 2014.
- Set Up a Qualified Retirement Plan - If you have not already done so, consider creating a retirement savings plan.1
- Provide Year-End Bonuses to Employees - Bonuses and associated payroll taxes are deductible.Even if you miss the Dec. 31 deadline, for tax purposes, you may be able to pay bonuses up to March 15, 2015, if your business uses an accrual-based accounting system. This is something you may want to check with your tax advisor.
- Understand How the Affordable Care Act (ACA) Can Impact Your Business - The legislative changes enacted by the federal government can seem complicated and daunting.It's important to understand their impact on your business.Learn more about the ACA by watching a complimentary webinar, especially tailored for small businesses.
- Set Up a Meeting With Your Accountant - Your tax advisor knows what's best for your business and can offer specific strategies to minimize tax liability.
"With the enormous amount of responsibility small business owners bear, keeping up to date with and adhering to complex tax regulations can be difficult," said John Ayala, president of ADP's Small Business Services division."That's why it's especially important at year end for small business owners to consult with their most trusted business advisor: their CPA.CPAs follow tax law changes all year and can help small businesses stay in compliance and reduce risk."
For additional resources, please visit ADP's accountant portal (adp.com/accountant), which includes many accounting resources and tools.In addition, ADP Small Business Services' Year-End Central provides guides and other resources to help with year-end tax preparation and filings.
These tips are not intended to take the place of advice from a licensed accountant or tax advisor.All small business owners should consult with their accountant or tax advisor to ensure they are filing their taxes as required by law under the specific facts related to their business.
About ADP
Employers around the world rely on ADP® (
The ADP logo and ADP are registered trademarks of ADP, LLC.All other marks are the property of their respective owners. Copyright © 2014 ADP, LLC.
1 Consult your legal, tax, and/or financial advisor for deadlines and eligibility in 2014.
Share
© Marketwired - 2014
Latest news about Automatic Data Processing, Inc.
Evercore ISI Adjusts Price Target on Automatic Data Processing to $238 From $235 | MT | |
Barclays Adjusts Price Target on Automatic Data Processing to $282 From $280 | MT | |
TD Cowen Adjusts Price Target on Automatic Data Processing to $251 From $253 | MT | |
JPMorgan Chase Adjusts Price Target on Automatic Data Processing to $250 From $254 | MT | |
April Private Job Growth Tops Views, ADP Data Show | MT | |
MT | ||
U.S. Hiring Loses Pace as Pay Growth Slows, ADP Reports | DJ | |
Transcript : Automatic Data Processing, Inc., Q3 2024 Earnings Call, May 01, 2024 | ||
ADP 3Q Earnings, Revenue Increase in 3Q | DJ | |
Automatic Data Processing's Fiscal Q3 Adjusted Earnings, Revenue Increase; Fiscal 2024 Outlook Reiterated | MT | |
Automatic Data Processing, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024 | CI | |
North American Morning Briefing : Traders Wait for -2- | DJ | |
UBS Adjusts Automatic Data Processing Price Target to $250 From $235, Maintains Neutral Rating | MT | |
Peltz loses at Disney but his investors win; changes may still be ahead | RE | |
Automatic Data Processing Keeps Quarterly Dividend at $1.40 Per Share, Payable July 1 to Shareholders on June 14 | MT | |
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on July 1, 2024 | CI | |
March Private Job Growth Beats Expectations, ADP Data Show | MT | |
U.S. Hiring Surges in Fresh Challenge for Inflation Battle, ADP Reports | DJ | |
Evercore ISI Raises Automatic Data Processing Price Target to $235 From $227, Maintains Underperform Rating | MT | |
Add a little SaaS to your life | ![]() | |
Mizuho Securities Raises Price Target on Automatic Data Processing to $272 From $265, Maintains Buy Rating | MT | |
February Private Job Growth Misses Expectations, January Vacancies Rise, ADP, JOLTS Data Show | MT | |
U.S. Hiring Accelerated in February, ADP Reports | DJ | |
Automatic Data Processing Insider Sold Shares Worth $291,833, According to a Recent SEC Filing | MT | |
Automatic Data Processing Insider Sold Shares Worth $264,004, According to a Recent SEC Filing | MT |
Chart Automatic Data Processing, Inc.
More charts
Company Profile
Automatic Data Processing, Inc. is a computing services company organized around 2 areas of activity:- developing solutions of employment management for small and medium enterprises (66.8% of net sales);- developing solutions for human resources management (33.2%): audit services, management consultant, development management solutions (of pay, administration of staff, social statements, time and activities, careers and skills), training services, etc.Net sales are distributed geographically as follows: the United States (88.5%), Europe (7.3%), Canada (2.4%) and other (1.8%).
Sector
Calendar
22/05/2024 - J.P. Morgan Global Technology, Media and Communications Conference
Related indices
More about the company
Income Statement Evolution
More financial data
Ratings for Automatic Data Processing, Inc.
Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Analysts' Consensus
Sell
Buy
Mean consensus
HOLD
Number of Analysts
19
Last Close Price
252.3USD
Average target price
259.3USD
Spread / Average Target
+2.77%
Consensus
EPS Revisions
Estimates Revisions
Quarterly earnings - Rate of surprise
Company calendar
1st Jan change | Capi. | |
---|---|---|
AUTOMATIC DATA PROCESSING, INC. | +8.31% | 103B |
ACCENTURE PLC | -13.48% | 191B |
TATA CONSULTANCY SERVICES LTD. | +1.53% | 167B |
IBM | +3.37% | 155B |
RELX PLC | +11.19% | 82.06B |
INFOSYS LIMITED | -6.43% | 71.79B |
SNOWFLAKE INC. | -18.66% | 54.05B |
HCL TECHNOLOGIES LIMITED | -8.68% | 43.34B |
CAPGEMINI SE | +9.88% | 38.62B |
GARTNER, INC. | -0.19% | 34.95B |
- Stock Market
- Equities
- ADP Stock
- News Automatic Data Processing, Inc.
- Automatic Data Processing : ADP