Payroll 2018: A December to remember

  • December 04, 2017

Congress is wrestling with changes to the tax rates and brackets for 2018 as part of its tax reform effort, which may force the IRS to delay issuing the 2018 withholding...

FICA wage base increases to $128,700 in 2018

  • October 13, 2017

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...

Fix it fast: When to file Form 941-X

  • October 12, 2017

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...

W-2 SSN truncation is coming, just not yet

  • September 19, 2017

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...

Electronic signatures: To PIN or not to PIN

  • June 02, 2017

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...

Glitch for PTO banks: Constructive receipt

  • May 29, 2017

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...

APA Day 3: Changing pay cycles successfully

  • May 19, 2017

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...