Posts Tagged: Payroll Taxes

What are Amazon’s Worst HR and Accounting Problems and Why?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Financial Statement Analysis, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to the New York Times, a knot of problems with Amazon’s system for handling paid and unpaid leaves has led to devastating consequences for workers. Questions: According to the article, by what percentage had Tara Jones been underpaid by her Amazon warehouse job on one paycheck? What are some of the problems that have… Read more »

White House Blues

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, there is discussion among senior White House officials to advance a temporary payroll tax cut as a way to limit the economic slowdown forecast by economists. Questions: When and how much was the last payroll tax cut and why was it made? Payroll tax cuts add dramatically to the deficit… Read more »

Uber: Employees or Contractors?

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

The California Labor Commission has found that a driver for Uber in San Francisco is an employee of the company. Questions: 1. Why is this such a nightmare for Uber? 2. Discuss how this will change the company’s accounting system and business model if this ruling is upheld and the costs involved. 3. The article… Read more »

Should After-Work Screenings be Part of the Payroll?

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

The nation’s retailers are paying close attention to the hotly contested issue before the Supreme Court this week. On Wednesday, the justices will determine whether security checks and the related waiting time should be part of an employee’s regular, compensable workday. Questions: 1. As part of the opposition of compensation for antitheft checks, retailers’ groups… Read more »

Rip Off: We Work Hard for the Money!

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Financial Accounting, Financial Statement Analysis, Fraud Accounting, Intermediate Accounting, Managerial Accounting.

Although Guadalupe Rangel worked nearly 70 hours per week, he never saw any overtime pay at the Schneider warehouse in Mira Loma, California. As a result he joined a lawsuit involving hundreds of warehouse workers where he will likely receive more than $20,000 in back pay as part of the recent $21 million legal settlement… Read more »

Payroll Fraud

Posted by & filed under All Articles, Fraud Accounting.

Paul McKunes, owner of M & M Equipment Services, in Ashland, Massachussets, pleaded guilty on January 15, 2010, to falsifying payroll records at his business so he could pay less in workers’ compensation insurance and taxes.  According to records, McKunes owed the state’s Unemployment Assistance program $21,180 in unpaid assessments and failed to withhold more… Read more »