• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+
Payroll Today

Payroll Today

Alice Gilman, Esq., is an expert in payroll and tax compliance who has covered payroll issues for more than 30 years. She’s written and edited several leading payroll publications, including Business Management Daily’s Payroll Legal Alert, the Research Institute of America’s Payroll Guide, Prentice Hall’s American Payroll Association’s Basic Guide to Payroll and the Payroll Manager’s Letter. She’s also the editor of Business Management Daily’s Payroll Compliance Handbook and The Complete FLSA Compliance Kit.

Page 1 of 912345...Last »
Not very comforting, is it? Back in the winter, we mentioned that the IRS anticipated that the entire withholding process would change, beginning in 2019, thanks to the Tax Cuts and Jobs Act. Apparently that’s true, if this first draft of the 2019 W-4, which the IRS released last week, makes it into prime time. […]
I’m a city kid. I live now in the inner suburban ring of my city. It’s quieter, but sometimes the density and the crazy mall drivers get to me. If you have employees who are more dismayed with their quality of life than I am, Vermont is beckoning. S.B. 94, signed by Gov. Phil Scott […]
Ah, the beach. Or maybe you’re a lake and mountain person. Wrinkle: Employees are still going to need to be paid while you’re gone, which means some advance planning is required. Here’s our list of key tasks. 1. Inform the office of your vacation time. You don’t want employees inundating your office with payroll changes […]
The American Payroll Association’s 36th Annual Congress, held this year outside Washington, D.C., just concluded. Here are some parting thoughts. Rain, rain, rain. Three entire days of rain. It rained out our attempt to catch a ballgame between the New York Yankees and the home team Washington Nationals. But more important than that, torrential storms […]
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 Jobs Act, said Acting IRS Commissioner David Kautter.
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, stressed Cindy Cichosz, CPP, Supervisor, Payroll, Shared Services, for Veolia, North America. Cichosz walked APA attendees through the basics of identity theft, how to minimize its occurrence, and how to respond to it.
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 ADP, provided attendees at the American Payroll Association’s Annual Congress with some insight into such hot-button issues as the ongoing saga of tax reform and the Affordable Care Act. […]
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 to George Mavrantzas, VP, Special Projects at Global Cash Card. Mavrantzas spoke at the American Payroll Association’s 36th Annual Congress, which is being held this year at National Harbor, Md., […]

Time for the Osterizer!

by on May 8, 2018 1:30pm
in Payroll Today

Time for the Osterizer! 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 corporate tax rate that fiscal year corporations pay for 2018. Another reason to use a calendar year If you […]
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 custodians have been clamoring for guidance on what to do with that extra $50, plus earnings. The IRS now says forget it—the maximum HSA contribution for employees with family coverage […]
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 burnout in general. In particular, it causes overtime pay problems for employers whose nonexempt employees dial in or log on after hours. At least one jurisdiction is looking at […]
4/18/18 Update: The IRS’ computer systems went back on line a little before 5:00 p.m. yesterday. In light of this huge computer glitch, the filing deadline has been automatically extended to midnight tonight. Returns e-filed yesterday, which sat unprocessed due to the glitch, will still bear a “postmark” date of 4/17/18, so they’re timely filed. […]
I don’t know about you, but I try to never leave free money on the table. But about one million taxpayers who don’t file their 2014 1040s by April 17, 2018, will be doing just that. That’s a lot of people. Some of them may be your employees. How much is at stake: According to […]
Two of our favorite words: Play ball! Now that the baseball season has officially begun, instead of pondering the infield fly rule, whether real-time review of questionable plays is really worth the time or how to handle that obnoxious, drunken fan of the opposing team sitting two rows ahead of you, think about like-kind exchanges. […]
Strike while the iron is hot. The IRS is declaring this week—as most taxpayers have finished their 2017 taxes and before the April 17 tax deadline—Paycheck Checkup Week. This week the IRS is hoping to show employees how a paycheck checkup can help them prevent having too much or too little tax withheld from their […]
If you’ve already tackled your 2017 income taxes, you’ve probably noticed that not much has changed, despite the Tax Cuts and Jobs Act. That’s because the 2018 1040 tax filing season is basically unaffected by the TCJA—those provisions kicked in on Jan. 1. Your 2018 income tax withholding process was likewise relatively unaffected, the late […]
The Tax Cuts and Jobs Act unleashed a torrent of questions from employers regarding the payroll tax treatment of certain items, like employer-provided meals and working condition fringe benefits, which the IRS promised to answer in the 2018 edition of Pub. 15-B, Employer’s Tax Guide to Fringe Benefits. Good news for employees: As we anticipated, […]
The IRS adjusts many tax figures for inflation every year. These cost-of-living changes are measured by changes to the consumer price indices. The Tax Cuts and Jobs Act—the new tax reform law—slows down increases by pegging them to the “chained CPI.” The chained CPI, which became effective for inflation adjustments determined as of Jan. 1, […]

The IRS promised a new withholding calculator by the end of February, and it kept its promise. On Feb. 28 it released an updated withholding calculator and the 2018 Form W-4. Both reflect changes made by the Tax Cuts and Jobs Act, the tax reform legislation that took effect Jan. 1.

Our friends at the American Payroll Association recently surveyed its members on the TCJA. The findings give us a somewhat clearer picture of how the law is working out in reality and what’s bothering employees. Here are highlights of the survey results.

Page 1 of 912345...Last »