FICA

CSB Bancorp, Inc. Reports First Quarter Earnings

Retrieved on: 
Tuesday, April 23, 2024
Banking, Other Professional Services, Professional Services, Finance, Sale, Federal Reserve, Investment, FTE, Federal Reserve Bank, Software, Federal, CSB, Appetite, Environment, Household, Bank, FICA, Trust, Fed, OTC Markets Group, FDIC

Loan interest income including fees increased $2.2 million, or 28%, during first quarter 2024 as compared to the same quarter in 2023.

Key Points: 
  • Loan interest income including fees increased $2.2 million, or 28%, during first quarter 2024 as compared to the same quarter in 2023.
  • Interest expense rose $1.7 million, or 105%, during first quarter 2024 as compared to first quarter 2023.
  • Federal income tax expense was $693 thousand in the 2024 first quarter compared to $971 thousand in the 2023 first quarter.
  • For the first quarter 2024, the average cost of deposits amounted to 1.31%, as compared to 0.64% for the first quarter 2023.

OFG Bancorp Reports 1Q24 Results

Retrieved on: 
Thursday, April 18, 2024
Banking, Professional Services, Finance, Sale, GAAP, Pandemic, Credit, Treasury, Tangible common equity, Earthquake, Table, Conference, ETR, PPP, Digital, Retirement, Investment, TBV, Oriental Bank, EOP, FICA, Form 10-K, EPS, Acquisition, Workforce, Annual report, Government, Bank

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2024.
  • Compared to 4Q23, 1Q24 primarily reflected higher average balances and yields on investment securities, cash and loans.
  • 1Q24 included one fewer day than 4Q23, which reduced interest income by about $1.4 million.
  • A conference call to discuss 1Q24 results, outlook and related matters will be held today at 10:00 AM ET.

Latest 2024 ezPaycheck Payroll Software Gives Nonprofits And Churches In-House Accommodation

Retrieved on: 
Thursday, April 18, 2024
Social Security, Social, Software, Insurance, Federal, Tax, FICA, Medicare, Calendar, Organization, Bookkeeping

DALLAS, April 18, 2024 /PRNewswire-PRWeb/ -- Halfpricesoft.com developers offer new options in ezPaycheck 2024 payroll software. These features are just what nonprofits, and businesses require with the unique tax situations. Churches and other religious organizations that don't deduct FICA taxes for clergy members, will find these new additions particularly appealing.

Key Points: 
  • The latest version of 2024 ezPaycheck software offers nonprofit organizations and churches the convenience to print forms and checks more easily.
  • DALLAS, April 18, 2024 /PRNewswire-PRWeb/ -- Halfpricesoft.com developers offer new options in ezPaycheck 2024 payroll software .
  • Halfpricesoft.com has added updates to 2024 ezPaycheck payroll software with flexible tax setup for these organizations.
  • Priced at $149 per calendar year for a single user version, ezPaycheck payroll software is affordable for any size business.

Strategic Organizing Center Submits Letter to SEC Calling on Starbucks to Properly Disclose True Cost of Anti-Union Campaign

Retrieved on: 
Friday, February 16, 2024
Retail, Professional Services, Food, Beverage, Finance, Annual general meeting, Public policy, NLRB, Proxy, Starbucks, Participation, Investment, ALJ, National Labor Relations Board, BLUE, Disclosure, Nature, Government, Ministry of Labour, FICA, Letter, Ink, Federal court, Strategic Organizing Center, State, SOC, SBUX

In the letter, the SOC requests that the SEC require Starbucks to fully disclose to shareholders the costs and liabilities associated with its anti-union efforts.

Key Points: 
  • In the letter, the SOC requests that the SEC require Starbucks to fully disclose to shareholders the costs and liabilities associated with its anti-union efforts.
  • The SOC believes Starbucks’ lack of disclosure and the exorbitant cost to shareholders represent just the latest examples of the current Board’s lack of oversight, counterproductive approach to labor issues and flawed allocation of resources.
  • Maria Echaveste, a former senior White House official, senior Department of Labor appointee and corporate attorney with significant international relations and public company board experience.
  • Estimated liabilities for store closings includes: (1) estimated wage liabilities, (2) estimated shutdown costs, (3) estimated net lost revenue and (4) estimated reopening costs.

Newest 2024 ezPaycheck Payroll Software Gives Nonprofits And Churches In-House Accommodation

Retrieved on: 
Thursday, January 18, 2024
Social Security, Social, Medicare, Insurance, Federal, Software, FICA, Tax, Calendar, Organization, W2

FT. WORTH, Texas, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Halfpricesoft.com developers state that the latest ezPaycheck 2024 software has features that make it a great fit for nonprofits, and businesses with unique tax situations. Churches and other religious organizations that do not deduct FICA taxes for clergy members, will find these additions particularly accommodating.

Key Points: 
  • The new version of 2024 ezPaycheck software accommodates nonprofit organizations and churches the convenience to print forms and checks in-house, easily.
  • FT. WORTH, Texas, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Halfpricesoft.com developers state that the latest ezPaycheck 2024 software has features that make it a great fit for nonprofits, and businesses with unique tax situations.
  • Halfpricesoft.com offers features in the latest 2024 ezPaycheck payroll software that includes flexible tax setup for these organizations.
  • Halfpricesoft.com offers features in the latest 2024 ezPaycheck payroll software that includes flexible tax setup for these organizations."

New SSA Commissioner Faces Unprecedented Disability Applications Backlog, Allsup Explains

Retrieved on: 
Friday, December 22, 2023
IRS, Veteran, Workforce, Documentation, Complexity, TTW, Disability, Social Security Disability Insurance, AES, SSA, Social Security, Education, Congress, Social, Commissioner, Employment, Social Security Administration, FICA, Information technology, Environment, Health insurance

“We are optimistic about his leadership, especially in dealing with the extensive backlog of SSDI applications.

Key Points: 
  • “We are optimistic about his leadership, especially in dealing with the extensive backlog of SSDI applications.
  • Allsup and Allsup Employment Services (AES), a Social Security-authorized Employment Network, utilize technology and expertise in these programs to empower individuals with disabilities.
  • In addition, veterans can benefit with VA-Accredited Claims Agents through the Allsup Veterans Disability Appeal Services® in receiving VA disability compensation.
  • Allsup services now include financial solutions to help with near-term urgent needs during the SSA wait through its exclusive Disability Financial Solutions℠ .

Disability Claim Delays At Social Security, Soaring Credit Card Debt Highlight Importance of Financial Options, Allsup Reports

Retrieved on: 
Tuesday, November 28, 2023
DFS, Meal, Health care, HAF, Federal Reserve Bank, Disability, Social Security Disability Insurance, Geist, SSA, Social Security, Prescription, Congress, Social, United States Census Bureau, FICA, SSDI, Health insurance

For the first time, credit card debt exceeds $1 trillion, according to the Federal Reserve Bank of New York.

Key Points: 
  • For the first time, credit card debt exceeds $1 trillion, according to the Federal Reserve Bank of New York.
  • Social Security Disability Insurance (SSDI) provides monthly income and support for individuals unable to work due to severe illness or injury.
  • “Credit card debt can compound the financial stress for people when they must stop working due to disability,” said T.J. Geist, Principal Advocate at Allsup.
  • Credit card and medical bill savings: Debt settlement experts negotiate with credit card and medical companies on behalf of Allsup customers, yielding substantial savings while alleviating financial strain.

FiCAS AG Welcomes Former Fidelity Portfolio Manager Harlan Carere.

Retrieved on: 
Wednesday, December 20, 2023
Digital asset, Investment, Goldman Sachs, Harvard Business School, Research, Source Code Capital, AG, Fidelity, FICA, Portfolio management, Fidelity Investments, Partnership, MBA, Growth

FiCAS AG Welcomes Former Fidelity Portfolio Manager Harlan Carere.

Key Points: 
  • FiCAS AG Welcomes Former Fidelity Portfolio Manager Harlan Carere.
  • Zug, Switzerland — 19 December 2023 — FiCAS AG is thrilled to announce the addition of Harlan Carere to their team.
  • At Fidelity, Harlan held a number of Portfolio Management positions with a focus on technology and growth equities.
  • Harlan states, “I am enthusiastic to join the highly skilled team here at FiCAS AG.

Social Security Disability Beneficiaries To Get 3.2% Benefit Increase In 2024, Providing Vital Boost, Allsup Reports

Retrieved on: 
Thursday, October 12, 2023
SSDI, Social Security Disability Insurance, COLA, Social Security, Social, Consumer, Bureau of Labor Statistics, Clerk, SSA, FICA, Disability, Social Security Administration, Insurance, Cryptocurrency, Life insurance

Belleville, Oct. 12, 2023 (GLOBE NEWSWIRE) -- The cost-of-living adjustment (COLA) will bring a boost of 3.2% in benefits payments for Social Security Disability Insurance (SSDI) beneficiaries in 2024, according to Allsup, the nation’s premier provider of Social Security disability representation and veterans disability appeals services.

Key Points: 
  • Belleville, Oct. 12, 2023 (GLOBE NEWSWIRE) -- The cost-of-living adjustment (COLA) will bring a boost of 3.2% in benefits payments for Social Security Disability Insurance (SSDI) beneficiaries in 2024, according to Allsup, the nation’s premier provider of Social Security disability representation and veterans disability appeals services.
  • This increase will result in an average $48.77 per month of additional cash benefits for SSDI recipients, effective January 2024, according to the Social Security Administration.
  • “This monthly increase is very important for beneficiaries to help offset the impact of rising prices and cost of inflation,” said Steve Perrigo, Allsup vice president.
  • “The COLA is essential for workers when applying for SSDI given the financial challenges that come with loss of income.

Average Social Security Disability Benefit Rises Again In 2023, With 18% Increase In Three Years For Former Workers

Retrieved on: 
Thursday, September 7, 2023
Insurance, Social Security Disability Insurance, Housing, FICA, Disability, Health care, SSDI, Prescription, Meal, HAF, Medicare, Social Security, Social, SSA, Health insurance, Bank, Allsup

The national average benefit was $1,486.60 in July 2023 for beneficiaries, compared with $1,258.91 in July 2020, according to SSA data - an increase of $227.69 per month.

Key Points: 
  • The national average benefit was $1,486.60 in July 2023 for beneficiaries, compared with $1,258.91 in July 2020, according to SSA data - an increase of $227.69 per month.
  • “Now, more than ever, it’s pivotal for the U.S. workforce to recognize the importance of their disability insurance coverage through Social Security.
  • U.S. workers receive federal disability insurance coverage through their FICA payroll taxes, with a portion divided among Social Security retirement, disability insurance and Medicare programs.
  • These additional services are exclusively offered to customers when filing their claim or disability appeal with Allsup.