Ineffective payroll management and shoddy payroll systems can result in personal liability (including JAIL TIME) for non-compliance.
Business Management Daily helps our readers with information on payroll processing and tips on timesheets that will help you to implement payroll programs that pay off.
This chart lists the states and the test that each uses to determine workers’ status.
Beginning this year, the IRS must send you notices of your old and new address, if your mailing address for tax purposes changes.
Information return penalties are going up. Way up. Included as part of the Trade Preferences Extension Act of 2015 is a provision that increases penalties for failing to file Forms W-2, 1099 or 1095-C, or to provide forms to payees. Beginning with forms required to be filed next year, penalties increase as follows
Fewer full-time employees may elect COBRA coverage these days, because they can qualify for a premium tax credit and get a better deal on health insurance through the individual health exchange. But high earners, who make too much to qualify for a tax credit, may still elect COBRA. How you report COBRA on Form 1095-C depends on the reason COBRA was offered. FAQs from the IRS detail these reporting requirements.
This month we return to Las Vegas and the American Payroll Association’s 33rd Annual Congress to cover questions fielded by reps from the Department of Labor.
The IRS is giving hope to employees who yearn to skip the traffic by entering the HOV lane, which requires at least two, and sometimes more, passengers in a vehicle.
If you perform a self-audit of your company’s pay policies, and an employee sues you for wage-and-hour violations, be aware that a court may compel you to provide your findings to the employees’ attorneys. However, there are steps you can take to minimize this possibility.
If you receive a Letter 3007C from the IRS informing you that your filing status was changed from annual to quarterly, and you’re already a quarterly filer, don’t fret.
Here's your monthly guide to critical payroll due dates.
Here are digests of some recently released official announcements from the IRS. Note: You may rely on official IRS announcements.