First, the good news: The economy finally looks like it is on stable footing, and employers are hiring. Now, the bad news: With the job market heating up, HR is once...
The Social Security Administration has announced that the taxable wage base for the Social Security portion of FICA will increase to $128,700 in 2018. That’s a...
You discovered that, inadvertently, the proper amount of income taxes wasn’t withheld from an employee’s pay last year. You’re inclined to file Form 941-X to fix...
Under the timely mailing rule, if an item is postmarked by the Postal Service on the day it is due, the IRS or a court will consider it timely filed, even if they never...
The IRS has released some key information regarding the Affordable Care Act for the coming plan year. If you operate on a calendar year basis, that’s now fewer...
Proposed regulations to be published in the Sept. 20, 2017, issue of the Federal Register would make good on 2015 legislation that allows you to truncate...
A change to the pay cycle affects every employee, even those whose pay won’t be affected, because employees talk. Planning for a pay cycle change is key, and...
This week is National Payroll Week—the week everyone, from the IRS to the C-suite to every child in need of child support, should give Payroll one big "Thank You!"...
The California Supreme Court has ruled that penalty wages, in addition to final wages, were due to a retiree whose final pay was late. PLUS: a 2017 all-states chart on...
If your electronically filed first-quarter Form 941 was rejected by the IRS, you’re not alone. According to Mike McGuire, from IRS Modernized e-file, the IRS...
How many ways are there for you to electronically sign payroll returns that will allow your third party to e-file on your behalf? At least two, according to newly...
Before you take the leap into PTOs, two private letter rulings from the IRS may temper your enthusiasm for them by dredging up the dreaded concept of constructive...
The Treasury Inspector General for Tax Administration (TIGTA) has made five recommendations to the IRS on improving the Sec. 6672 assessment process. Bad news: The IRS...
A change to the payroll cycle affects every employee, even those whose pay won’t be impacted, because employees talk. So, planning for the change is key, and...
Even children who work in the family business must have their time recorded on time sheets. What’s more, those time sheets must be credible, if you want to take a...
