Alert your Payroll people: IRS has released its official holiday calendar, indicating when employers get an extra day to make federal payroll tax deposits.
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Tags: IRS, Payroll, tax, tax deposits
The agency just released its cost-of-living adjustments that apply to how much employees can contribute to qualified retirement and other plans.
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Tags: 401(k), IRS, retirement
It seems like an easy way for an employer to save some money using an innovative HR approach: Classify a few employees as independent contractors and cut out some of the costs associated with employing full-timers. It is easy. And it is dangerous.
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Tags: IC, independent contractor, internal revenue service, IRS, Taxpayer Responsibility Accountability and Consistency
Now’s the time to decide whether your employer falls under Section 409A of the Internal Revenue Code. The deadline for complying is Jan. 1.
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Tags: 409A, compensation, IRS
The Internal Revenue Service rejected many of the recommendations in an inspector general’s report about stopping identity theft. In effect, the tax agency said, “Let individuals and their employers handle it.”
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Tags: ID theft, internal revenue service, IRS, Social Security Number
What a great idea and benefit: Allowing employees to deposit and withdraw leave, as needed, from a “bank.” So why do employers end up getting sued over it?
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Tags: internal revenue service, IRS, Leave, privacy
A few years ago, the IRS ruled it was OK for employees to use medical flex-spending money for over-the-counter medications. Good news, right? Well, not exactly.
Tags: drugs, flex-spending, injuries, IRS
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