Wage bases for 2026 are rolling out. You can ensure you’re accurately withholding for state unemployment insurance (UI) tax. Here's the latest info. While most states with changes have increased their wage bases for UI tax purposes, four states —…
Tax Planning
In our interactive, instructor-led 100-minute event, you will learn how to confidently navigate the complex and ever-changing requirements of taxing and reporting the several forms of insurance benefits. From deciphering ACA compliance to understanding third-party sick pay and life insurance…
In our interactive instructor-led 60-minute event, you will learn how to navigate the complex world of taxing and reporting fringe benefits for 2025. With ever-changing tax laws, and potential financial penalties, finance pros must stay ahead of compliance requirements. You’ll…
When Congress passed the Tax Cuts and Jobs Act (TCJA) of 2017, the expiration date for some of the provisions seemed far off. Now, the date is imminent. Problem is, it's unclear if the provisions will end when originally planned…
When a natural disaster hits, you'll be focused on ensuring your people and property are safe. Details like tax deadlines may not be top of mind. So, if there's any uncertainty about how much time you have to make deposits…
A recent court case is a reminder to confirm that you're using an IRS-designated private delivery service. Otherwise, your mailing may be late. And even one day late is still late. One company had to deal with the fallout from…
Employers may offer caregiver navigation services, helping workers find vital resources. For finance pros, that raises questions about employment taxes. IRS has provided recent guidance that'll put your mind at ease if your company offers or is considering offering this…
IRS recently made changes to Form 941. For one thing, a Spanish version of the federal tax form is now available starting with the first quarter of 2024. On February 28, 2024, IRS released final versions of the 941, Schedule…
Before we get too far into the new year, double-check that all changes to state income tax rates and laws have been caught. Better for Payroll to uncover glitches as early as possible to avoid withholding and reporting headaches, especially…
After the flood of new e-commerce sales tax rules in the five years since the South Dakota v. Wayfair Supreme Court decision, this may be the year when more economic nexus laws finally start getting simpler. The Streamlined Sales and…
The big January 31 filing deadline for Form 1099-NEC is almost here! Organizations must not only put Form 1099-NEC into the hands of payees by that date, the IRS needs its copies of the returns by Jan. 31 as well.…
If a poll of attendees of a recent IOFM webinar is any indication, it's going to be a very busy Form 1099 reporting season in 2024 for your team. More than half (57%) of the respondents expected to file at…
