The deductibility of costs incurred for company events, such as a Christmas party, is covered under tax code Sections 274(e)(1) and (e)(4), which the Tax Cuts and Jobs...
By now, visions of sugar plum fairies are dancing in everyone’s heads. Except yours. Here’s a sample memo or email you might consider distributing to employees...
Once the IRS sinks its teeth into you, it rarely lets go. One taxpayer found this out the hard way, when the IRS came after him at least three times for payroll taxes he...
Under the timely mailing rule, if an item is postmarked by the Postal Service on the day it is due, the IRS or a court will consider it timely filed, even if they never...
A change to the pay cycle affects every employee, even those whose pay won’t be affected, because employees talk. Planning for a pay cycle change is key, and...
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...
Some state child support agencies are still adding an amount due to account for anomalies created by pay periods other than monthly, in addition to the monthly amount...
As predictably as the sun will rise tomorrow, every April 15 the local news will show people lined up at post offices frantically getting their 1040s in the mail...
Q. Several of our employees have been issued company credit cards, intended to be used for company-related business only. However, one employee has occasionally used his...
Tax auditors generate lots of paper and electronic files during audits. You can use those resources to your advantage during post-audit penalty negotiations with an IRS...
For Payroll, next month will put meaning to the phrase “stupid busy.” So, to avoid the annual onslaught of questions from employees about their W-2s, you...
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. The amount...
