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NACHA—the electronic banking organization that makes direct deposit and other electronic transactions possible—has revised its operating rules to allow for the same-day settlement of electronic transactions, such as payroll.
Here's your monthly guide to critical payroll due dates.
Beginning next year, you must provide all full-time employees with Form 1095-C to report offers of health insurance. The IRS reiterates that all large employers (i.e., those with at least 50 full-time employees, including full-time equivalent employees) must provide full-time employees with forms, even employees who turn down offers of coverage, and file those forms by the W-2 deadlines. To help you jump-start your Form 1095-C reporting, the IRS has released draft versions of Forms 1095-C and 1094-C.
NACHA—the electronic banking organization that makes direct deposit and other electronic transactions possible—has revised its rules to allow for same-day settlement of electronic transactions, including payroll.
Here’s the challenge for anyone trying to work more productively: Many supposedly smart, timesaving tips can backfire.
This chart lists the states and the test that each uses to determine workers’ status.
Beginning this year, the IRS must send you notices of your old and new address, if your mailing address for tax purposes changes.
Administrative workers took a particularly hard hit during the recession, writes Bryce Covert for New Republic. Nearly 1.7 million administrative support positions were lost between 2007 and 2013, and unlike earlier recessions, these jobs did not return as the economy rebounded. Instead, professionals are more likely to answer their own phones and manage their own calendars ...
Information return penalties are going up. Way up. Included as part of the Trade Preferences Extension Act of 2015 is a provision that increases penalties for failing to file Forms W-2, 1099 or 1095-C, or to provide forms to payees. Beginning with forms required to be filed next year, penalties increase as follows
Now here's a point of view you just don't hear that often. It turns out the DigiSnack 6500 is not wild about your office manager's attempt to fiddle in its affairs.