This is probably your last chance to grab employees’ attention and warn them of impending tax doom if they underwithheld due to the Tax Cuts and Jobs Act.
Once the IRS backed off making changes to the W4, it quickly (as least for the IRS) released a second draft of the 2019 form. It certainly looks familiar, doesn’t it?...
If you’re tasked with preparing Forms 1099-MISC, now is the time to start your year-end prep. Here are 4 quick tips to help you get a handle on the 1099-MISC process...
Hurricane Florence has devastated the Carolinas. Other disasters are lurking out there, too. Here’s what you need to know about Hurricane Florence relief, and about...
The IRS is the big, bad actor in payroll taxes, because, well, it’s taxes. But other federal agencies hold sway over your payroll operations, too. We don’t want to...
When the IRS released the first draft of the 2019 W-4 back in June, it gave the public 30 days to comment. That 30-day comment period ended in early July. The IRS then...
The Tax Cuts and Jobs Act added IRC §199A, which allows owners of pass-through entities to deduct 20% of their qualified business income on their 1040s. IRC §199A is a...
This week is Paycheck Checkup Week. If that sounds familiar, it may be because the week of March 26 was also Paycheck Checkup Week. Too much of a good thing? Probably...
How do we report a long address? … How far back must corrections go? … Urban legend or not: What is the earnings suspense file? … So many Social Security cards!...
Last week we deviated from our strict payroll perspective to bring you a sneak peak of the 2018 Form 1040. And we’re sure that we’ll deviate again. After all, the...
One of Congress’ sales pitches for the Tax Cuts and Jobs Act was that you’d be able to file your income taxes on a postcard. Never mind that filing your taxes on an...
Must double time payments be included for OT purposes? ... How do signing bonuses figure into the OT rate? ... Rounding employees’ hours: What’s OK and what’s not?
We often wonder how low ID thieves will go. Apparently, they haven’t hit bottom yet. The acting inspector general of the Social Security Administration recently issued...
The IRS, in conjunction with the State Department, began revoking the passports of seriously delinquent tax debtors earlier this year. There are exceptions.
I am not a patient person. I am not good at math. Neither, I suspect, are most employees.
No doubt that will disappoint acting IRS Commissioner David Kautter, who...
