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The federal Office of Child Support Enforcement reports that during fiscal year 2013, the last year for which statistics are available, 74% of all child support payments were made via paycheck withholding. That’s $30 billion. The OCSE is beefing up its electronic income withholding orders, or eIWOs, in order to make the child support withholding process even more efficient.
People sometimes default to presentation-style meetings, but that’s not always the best way to get your ideas across to your audience.
The IRS may have to return to a bankruptcy estate a bankrupt payroll service bureau’s tax deposits that were collected from clients but were used to satisfy its own tax liabilities. A federal trial court has ruled that the bankruptcy trustee may be able to void transfers of the clients’ money to the IRS.
When your company is a hard place to work, how can you keep employees from leaving not long after they start?
If you have an auto-enrollment 401(k) or 403(b) plan, or a plan with escalation features, then you probably have administrative problems. Run-of-the-mill 401(k) plans aren’t a piece of cake to administer, either. The IRS has created three new safe harbors under which you don’t need to make corrective contributions for missed or incorrectly calculated employee pretax deferrals if certain conditions are met. The safe harbors became effective April 2, 2015.
Electronic W-2 filing is paying off for the Social Security Administration—it’s now able to process hundreds of millions of W-2 files per day and send that information to the IRS by the next business day.
Here's your monthly guide to critical payroll due dates.
Pressed to the limits by his workload, Stephen Shapiro analyzed all the activities on his plate and found only a small percentage of them truly mattered. Within two weeks, he had reduced his weekly work hours from 110 to 20. What can be learned from this speaker and consultant's example?
A profile of Carrie Aulenbacher, executive administrative assistant to the CEO of Lake Erie Logistics.
Q: We currently reimburse employees who use their own cellphones to make business calls, but then add back those amounts as taxable pay. HR wants us to stop this practice and make those reimbursements a tax-free fringe benefit. Don’t the accountable plan rules apply here?