Gift cards, taxability, and W-2s.

  • December 08, 2023

We’ve covered the taxability of gift cards before, and the law hasn’t changed—with three exceptions, the face value of gift cards is always taxable because...

Applying for a W2 e-filing waiver

  • December 06, 2023

We started our W-2 series feature earlier this year, giving us more time to explore W-2 issues, which, based on questions we’ve been encountering, are beginning to...

What’s your AI strategy?

  • November 22, 2023

I know there are plenty of possible strategies for your business, and you might be thinking I am suggesting adding a new one. But for now, I am not (necessarily)...

3 more states address on-demand pay

  • September 26, 2023

The debate over on-demand pay continues to be waged—is it a loan or a wage advance? The answer matters, because state wage payment laws control the deductions you can...

New overtime regulations are open for comment

  • September 15, 2023

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You have until Nov. 7 to...

IRS releases e-filing waiver guidance

  • August 18, 2023

Final regulations implement the Taxpayer First Act by requiring you to e-file all your information returns—your W-2s, 1099s, 1095s, and other information returns—if...

IRS poised to allow e-filing of Form 941-X

  • August 09, 2023

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. The NTA, for...

Summertime tax scams are going strong

  • August 02, 2023

While some scammers and phishers are using the U.S. mail for their own nefarious purposes, the main avenues for tax scams remain email and text messaging—these methods...