Your first-quarter Form 941 is due Monday, May 2. So you have two more days to ensure your form is correct (yay!). But of course, those two days fall on the weekend...
Taking notes by hand is a great way to keep track of information. Writing things down can help you remember them better. It also gives you something to reference later...
We admit we were thrown for a loop after reading the IRS’ latest fact sheets on reporting pandemic-related paid leave to employees on Form W-2c. Sometimes it’s best...
Accurate time tracking is an essential part of your business operations. In order to pay your employees correctly, keep track of labor costs, and manage employee...
If the IRS were Superman, paper would be its kryptonite. That’s our analogy to the Taxpayer Advocate’s annual report to Congress regarding the IRS’ well-known...
There’s a reason the IRS rolled out some new tools and beefed up some old tools on its website this filing season—it’s still bogged down with last year’s...
The IRS has released a new round of FAQs in two fact sheets, both of which clarify the circumstances under which you must provide employees with Forms W-2c if you took...
Tax lawyers should be able to do their own taxes, don’t you think? With minimal help, of course. So I was confident last weekend as I set about preparing our taxes....
Last year, the Department of Labor released a trio of documents advising employers with 401(k) plans about cybersecurity. The DOL is backing up the advice in those...
The Employee Benefits Security Administration has had an on-again, off-again approach to whether employers can allow 401(k) investment choices to promote social,...
If you think you’re immune from an employee lawsuit alleging a breach of fiduciary duty over the investment choices you offer in your 401(k) plan, think again. The ink...
Whether you’re training a new employee, covering for someone out, or learning a new job duty — it’s a nightmare to scramble to learn a new task with little...
Computer security is an unfortunate fact of modern payroll administration—especially right now, when phishers and scammers know you and your staff are busy and...
Tax season is right around the corner. For business owners, the month of January is the time to prepare and send out tax information for employees and nonemployees that...
There are no tax penalties for incorrectly coding items reported in Box 12 of your W-2s. Phew! But you’re not walking away scot-free. The IRS uses those codes to...
Scheduling a meeting has always been a rather dreaded task, if for no other reason than those invited typically are not thrilled to attend. That, and finding a time when...
The NCAA basketball tournament is called the Big Dance. Football has the Superbowl. Jan. 31 is Payroll’s day. This is the date employees must receive their W-2 copies...
It's time to start your 2025 annual business plan! Don't worry if you haven't started yet, it's not too late to create a plan that will help your business thrive in the...
What comes after omicron? We shiver at the answer. What we thought were temporary changes in response to the pandemic may not, in fact, be so temporary, especially if...
