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Payroll Legal Alert
Question: If an employee provides an I-9 document that’s subject to photo matching in E-Verify, can an employer ask or require the employee to provide a copy of the document to use during the E-Verify process?
Beginning March 23, 2012, all group health plans—including grandfathered plans, self-insured plans and plans not covered by ERISA—must provide employees and beneficiaries with a simple explanation of their benefits and a uniform glossary covering basic health insurance and medical terms.
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Question: As part of our year-end process, we look back to the preceding year just to make sure that everything was wrapped up correctly. We found that an employee who worked for two divisions of the company earned a total of $10,000. However, both divisions filed separate W-2s for him reporting the same $10,000, for a total of $20,000. Subsequently, one of the divisions filed a W-2c form to correct its error. The employee has now informed us that $0 wages have been credited to his earnings account. What’s the best way for us to reinstate his earnings?
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Question: Our company will soon begin outsourcing the payroll to a new third-party provider. It has a feature that allows employees to view their check stubs and W-2s by logging onto its website. We were told that the company will be saving a bundle because employees can now access their W-2s online. Does the IRS allow this?
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Most businesses hire at least some independent contractors. Since you’ll probably need to issue far fewer Forms 1099-MISC than W-2s, it’s easier to get the ball rolling on your 1099-MISC year-end procedures. Here’s what you need to know.
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The Social Security Administration has announced that the taxable wage base for the Social Security portion of FICA will increase to $110,100 in 2012. That’s a 3.1% hike over the 2011 wage base of $106,800.
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The Social Security Administration has announced that the taxable wage base for the Social Security portion of FICA will increase to $110,100 in 2012. That’s a 3.1% hike over the 2011 wage base of $106,800. The tax rate for the employee portion of payroll taxes stands at 4.2% … at least through Feb. 29.
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Question: What should employers do if the only ID number they have for an employee is an Individual Taxpayer Identification Number (ITIN), and not a Social Security Number (SSN)?
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Question: We owe wages to a former employee who died this year. To whom do we make the check payable? What about filing a W-2?
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It’s not exactly WikiLeaks, but Payroll administrators who are distressed over other employees’ alleged violations of the tax code can work with the IRS’ Whistleblower Office to expose tax law violators. Final regulations set some of the ground rules for cooperating with the IRS in whistle-blower investigations.
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