If misclassified workers pay their income and self-employment taxes, you’re off the hook for the income taxes you didn’t withhold and likewise for both the employer...
When you withhold taxes from employees’ pay, you’re administering the tax code. The U.S. Supreme Court has now given you some breathing room. It ruled that you...
Glitches in the Tax Cuts and Jobs Act began bubbling to the surface almost the minute it was signed into law. Although there are higher priority items that need...
The bookkeeper for Farm Mercantile in Fairfax, Minn., faces five charges of filing false tax returns because she failed to report $266,333 in embezzled income. In all,...
Most employees file their W-4s when they’re first hired and then promptly forget about them. That might not be the best strategy right now, thanks to the Tax Cuts and...
The fact is, you may never know who’s been snooping around your files. It may be a temp who wasn’t properly vetted or a vendor, such as an electronic W-2 vendor,...
Those giant thunderstorms, which hit the East Coast Tuesday night, grounded IRS rep Anita Bartels’ flight from Orlando. So Pete Isberg, VP of Government Relations at...
There are now more employees who are millennials and Generation Z-ers than baby boomers—and using paycards can be an effective strategy for recruiting them, according...
It sounds like a joke, but it’s not: What do you get when you throw two corporate income tax rates into a blender? The answer, according to recent IRS guidance, is the...
Under the Affordable Care Act’s federal poverty line safe harbor, group health benefits are affordable during the 2019 plan year if employees don’t pay more than...
On second thought, no. Ever since the IRS’ midyear reduction to the maximum health savings account contribution, to $6,850, from $6,900, employees, employers and HSA...
Final regulations now allow the Pension Benefit Guaranty Corporation to accept transfers made by terminating 401(k) plans if you can’t find former employees, but need...
It’s no secret that employees use their phones, tablets and other electronic devices to perform work after hours. That creates all sorts of problems with employee...
The deductibility of costs incurred for company events, such as a Christmas party, is covered under tax code Sections 274(e)(1) and (e)(4), which the Tax Cuts and Jobs...
