If you’ve already tackled your 2017 income taxes, you’ve probably noticed that not much has changed, despite the Tax Cuts and Jobs Act. That’s because the 2018...
The Tax Cuts and Jobs Act unleashed a torrent of questions from employers regarding the payroll tax treatment of certain items, like employer-provided meals and working...
The IRS’ Small Business/Self Employed Division enforces the withholding rules for all businesses, regardless of size. So the advice flowing to and from SB/SE employees...
Postage downloaded from the internet isn’t enough to prove that you timely mailed something to the IRS or a court. You must also prove that your package would have...
The IRS adjusts many tax figures for inflation every year. These cost-of-living changes are measured by changes to the consumer price indices. The Tax Cuts and Jobs...
There are three potential filing dates that apply to your 2017 Forms 1099-MISC. The IRS now says all those forms should have been sorted. If they weren’t, you may be...
The IRS promised a new withholding calculator by the end of February, and it kept its promise. On Feb. 28 it released an updated withholding calculator and the 2018 Form...
Our friends at the American Payroll Association recently surveyed its members on the TCJA. The findings give us a somewhat clearer picture of how the law is working out...
Qualified small employers that offer health reimbursement accounts, but no other major medical plan to employees, don’t have to worry about the Affordable Care Act’s...
It’s in the company’s interest to prevent employees from passing their germs around. You can encourage employees who come down with the flu to stay home, but you...
Haven’t finished digesting the Tax Cuts and Jobs Act, the tax reform legislation signed into law late in 2017? Well, how about a side of Bipartisan Budget...
Panicky phone calls to the Payroll department from employees who lost their original W-2s are about as predictable as the sun rising in the east. You need a strategy for...
If, thanks to tax reform, you can’t get your hands on 2018 W-4 forms, what are you supposed to do? Don’t worry. The IRS has issued interim guidance on W-4s that will...
For the last two filing seasons, I’ve written about robo-calls I’ve received from phishers who impersonate IRS revenue officers. Last week, I spotted a new,...
The IRS is just now getting around to sending out penalty notices to applicable large employers that didn’t offer 70% of their full-time employees affordable group...
What’s in a name? An awful lot if you use an off-the-shelf 401(k) plan. You don’t have to spend big bucks to design and maintain an individualized plan and the IRS...