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Friday, March 30 2018

Internal Payroll Issues/Cases Trending

Accountant pleads guilty after embezzlement charges

Accounting Today

An accounting manager who allegedly embezzled more than $1.5 million from her employer has pleaded guilty to wire fraud. Stantisha Kemp, 40, was a payroll and accounting manager at an unidentified Atlanta-based company that developed medical technology from 2007 to 2013, according to the

American Bible Society payroll manager bilked nonprofit for $100K: feds

Metro US

Starting in May 2016, and running through April 2017, Overton allegedly issued fraudulent payroll checks through ADP Payroll Services using the names and identifying numbers of former Bible Society employees. The payments were transferred to bank accounts she controlled, federal prosecutors 

MA Temp Agency Owner Pleads Guilty To Tax Fraud

Patch.com

From April 2010 through September 2011, Le was required to collect and pay over to the IRS employment taxes relating to the agency's workers. Le and others underreported to the agency's payroll company the total number of employees and wages paid, which caused the payroll company to prepare

Alleged fraud ring pleads not guilty

Herald and News

They are accused of stealing payroll account information from businesses last year including Rabe Consulting and Rabe Farms, of which Duren was an employee, and Old Town Pizza, of which Southern was an employee. The information would be used to print fraudulent checks the group allegedly 

Employee fraud scheme in Elkhart nets $370K

WNDU-TV

Employee fraud scheme in Elkhart nets $370K ... An Elkhart woman pleaded guilty today to a payroll fraud scheme that netted more than $370,000 from her former employer. ... McGuire's plea agreement says she also hacked the payroll system to improperly inflate the wages of two fellow employees

Industry Articles Trending

PrimePay

Business.com

For a business with 25 employees that wants biweekly pay periods, the cost of PrimePay is $63 per pay period, plus $2.75 per paycheck. PrimePay. Best Online Payroll Services. The Verdict. PrimePay is a full-service online payroll system that handles all payroll processing and payroll tax obligations

One of Cincinnati's fastest-growing companies adds to C-suite

Cincinnati Business Courier

One of the largest private and fastest-growing companies in Greater Cincinnati has expanded its C-suite with two newly created positions. Paycor Inc., the Norwood-based payroll and human resource services provider, has named Ryan Bergstrom its chief product officer and Charles Cagle its chief

Small businesses love free stuff, so Gusto is giving them free HR Basics

TechCrunch

Gusto is hoping to fill that gap, announcing the beta launch of a new product it's calling HR Basics. ... This new product is free for businesses, and Gusto obviously hopes that it creates a funnel of potential customers who will eventually sign up for its payroll service and full HR platform, which charge 

Paycom Software, Inc. (PAYC) projected to achieve earnings growth of 52.70% for this year

Wallstreet Investorplace

Paycom Software, Inc. (PAYC) projected to achieve earnings per share (EPS) growth of 52.70% for this year while EPS growth expected to touch 24.48% for next year. The company reported EPS (ttm) of 1.13. Take a view on its long-term annual earnings per share (EPS) growth rate which is suggested ...

County council tables vote on outsourcing payroll

Citizens Voice

That would mark a major change in procedure. The county budget and finance department has handled payroll processing for the county, and that service has never been outsourced to a private company. On Tuesday, Councilwoman Linda McClosky Houck repeated her contentions that continuing the

Paychex Wins Stevie® Award for Customer Service

PR Newswire (press release)

ROCHESTER, N.Y., March 20, 2018 /PRNewswire/ -- For the second consecutive year, the American Business AwardsSM (ABA) has honored Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, human resources, retirement, and insurance services, with

How Zenefits is moving its employee benefits business forward

HR Dive

If you have been in the employee benefits industry at some length during the past five years, you have heard at least part of the Zenefits story. The company enjoyed massive growth and earned the mantle that is oh-so-cherished by entrepreneurs in Silicon Valley and tech players everywhere: unicorn

Financial News Trending

CBIZ, Inc. (NYSE:CBZ): Are These Shares Yielding Returns For Investors?

The Herald

In trying to determine how profitable a company is per asset dollar, we can take a look at the firm's Return on Assets. Return on assets is calculated by dividing a company's net income (usually annual income) by its total assets, and is displayed as a percentage. At the time of writing, CBIZ, Inc

Bank of America Boosts Intuit (NASDAQ:INTU) Price Target to $185.00

The Lincolnian Online

Intuit (NASDAQ:INTU) had its price target boosted by equities researchers at Bank of America from $172.00 to $185.00 in a report released on ... and the accounting professionals, and includes QuickBooks financial and business management online services and desktop software, payroll solutions,

$0.57 EPS Expected for CBIZ, Inc. (CBZ)

Frisco Fastball

It is the same, as 8 investors sold CBIZ, Inc. shares while 31 reduced holdings. only 17 funds opened positions while 54 raised stakes. 46.06 million shares or 0.80% less ... Arrowstreet Cap Limited Partnership has 0% invested in CBIZ, Inc. (NYSE:CBZ) for 77,440 shares. 19,503 were accumulated by ...

Here's Why You Should Hold On to Paylocity (PCTY) Stock

Nasdaq

On the last earnings call, Paylocity management stated that though the company's R&D expenditure has increased but so has the adoption and usage rate of its platform. Notably, during the quarter, Paylocity had over a million users in a single month and this marked a new record for the company.

Here's Why Paycom (PAYC) Stock Should Be in Your Portfolio

Nasdaq

Paycom is also paying attention to increasing shareholder value with share buyback initiatives. The company recently amended an in-progress share repurchase program with an increase in allocated capital and extension of expiration date. These shareholder-friendly steps are also proving worthy.

Paychex sees boost in earnings and revenues in latest quarter

WXXI News

Paychex reported fiscal 3rd quarter results on Monday, and CEO Marty Mucci says it was a solid earnings report. The company saw net profits of about $260 million, up 29%. The adjusted profit numbers, after one-time items, indicated earnings of $227 million, up 14% from a year ago. Earings per share 

Paychex's stock surges after revenue beat, upbeat outlook

MarketWatch

Shares of Paychex Inc. PAYX, -2.77% surged 2.8% in premarket trade Monday, after the human resources services company reported fiscal third-quarter revenue that beat expectations, and provided an upbeat outlook. Net income for the quarter to Feb. 28 rose to $260.4 million, or 72 cents a share, from 

$-0.17 EPS Expected for JetPay Corporation (JTPY)

KL Daily

JetPay Corporation provides debit and credit card processing, payroll, human capital management and card services to businesses and their employees in the United States. The company has market cap of $35.27 million. The firm operates through two divisions, JetPay Payment Processing and JetPay

Paylocity announces acquisition of third-party benefits administrator Beneflex

Seeking Alpha

Paylocity (PCTY +1.1%) announced the acquisition of substantially all the assets of BeneFLEX HR Resources, Inc., in an all-cash transaction. “The acquisition of BeneFLEX expands our product portfolio, allowing us to provide additional benefit administration solutions to our clients, prospects, and the 

Insider Selling/Buying News Trending

Ellen Carnahan Buys 1380 Shares of Paylocity Holding Corp (PCTY) Stock

Macon Daily

Paylocity logo Paylocity Holding Corp (NASDAQ:PCTY) Director Ellen Carnahan purchased 1,380 shares of Paylocity stock in a transaction dated Friday, March 16th. The stock was bought at an average price of $53.91 per share, with a total value of $74,395.80. Following the completion of the purchase ...

Insider Selling: CBIZ, Inc. (NYSE:CBZ) Director Sells 109,947 Shares of Stock - The Ledger Gazette

CBIZ, Inc. (CBZ) Director Sells $1,993,339.11 in Stock - Week Herald

CBIZ, Inc. (CBZ) Insider Ware H. Grove Sells 25000 Shares

The Ledger Gazette

CBIZ logo CBIZ, Inc. (NYSE:CBZ) insider Ware H. Grove sold 25,000 shares of the business's stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $18.35, for a total value of $458,750.00. The sale was disclosed in a document filed with the SEC, which is available ...

 

Paycom (NYSE:PAYC) CFO Craig E. Boelte Sells 11000 Shares

The Lincolnian Online

Paycom logo Paycom (NYSE:PAYC) CFO Craig E. Boelte sold 11,000 shares of the company's stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $98.45, for a total transaction of $1,082,950.00. The sale was disclosed in a filing with the Securities & Exchange

Insider Selling: Paycom Software Inc (PAYC) Director Sells 18750 Shares of Stock

The Ledger Gazette

Paycom Software logo Paycom Software Inc (NYSE:PAYC) Director Robert J. Levenson sold 18,750 shares of the stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $107.11, for a total transaction of $2,008,312.50. The sale was disclosed in a legal filing with the ...

Paylocity Holding Corp (PCTY) Insider Sells $174208.00 in Stock

BBNS

Paylocity logo Paylocity Holding Corp (NASDAQ:PCTY) insider Mark S. Kinsey sold 3,200 shares of Paylocity stock in a transaction on Monday, March 12th. The stock was sold at an average price of $54.44, for a total transaction of $174,208.00. The transaction was disclosed in a filing with the SEC

Steven I. Sarowitz Sells 16460 Shares of Paylocity Holding Corp (PCTY) Stock – StockNewsTimes

Paylocity Holding Corp (PCTY) Director Steven I. Sarowitz Sells 2338 Shares - The Ledger Gazette

Mark S. Kinsey Sells 3200 Shares of Paylocity Holding Corp (PCTY) Stock – StockNewsTimes

Robert J. Levenson Sells 3246 Shares of Paycom Software Inc (NYSE:PAYC) Stock

The Lincolnian Online for a total value of $328,884.72. The sale was disclosed in a legal filing with 

Wayne B. Lowell Sells 10000 Shares of TriNet Group Inc (TNET) Stock - The Lincolnian Online

Vendor News Trending

Apex® HCM Announces Expansion of Customer Data Conversion Team

PR Web (press release)

Apex has assembled a team of industry veterans with over 40 years of combined experience in payroll data conversion and payroll system implementation. Apex provides deep resources to assist, or completely handle, the data conversion process for payroll service bureaus switching the Apex HCM 

Industry Jobs Trending

Banking Associate in West Chester, PA at PrimePay

PrimePay

New Career Opportunity! PrimePay has an opening for a Banking Associate in West Chester, PA

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