IRS eases employment-tax filing burden for small firms — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
If your company expects to owe less than $1,000 in employment taxes annually, you’ll be able to file the new Form 944 (Employer’s Annual Federal Tax Return) once each year with your annual return, rather than filing Form 941 (Employer’s Quarterly Federal Tax Return) four times a year. An estimated 950,000 small business owners will benefit from this IRS action. The IRS will mail notification letters to eligible employers in early February. If you don’t receive a letter but believe your company is eligible for the new Form 944, call the IRS at (800) 829-0115 by April 1 to see if you qualify.
After years of debate, the EEOC published controversial new guidance on employers' use of background-check policies and practices. Then, it used those guidelines to file a series of important lawsuits alleging violation of federal discrimination law. Every employer needs to be in compliance....Click here to find out more.