Blog

Blog

Daily News Updates for January, 2022

A bit more of a change up for the new year.  Several of my followers have noted that having one blog for news updates per …

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COVID-19

IRS Issues Guidance on ERC for 4th Quarter

Editor’s Note: The Internal Revenue Service today issued guidance for employers regarding the retroactive termination of the Employee Retention Credit. I have included the entire …

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Tax Law

IRS Releases 2022 Retirement Plan Limits

Section 415 of the Internal Revenue Code (“Code”) provides for dollar limitations on benefits and contributions under qualified retirement plans. Section 415(d) requires that the …

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Wage and Hour Law

Tip Work Yes or No?

On October 28, 2021, the U.S Department of Labor announced publication of the Tips Dual Jobs final rule that sets reasonable limits on the amount …

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payroll professional

YouTube News Alerts for Payroll 24/7

I want to let all my blog followers know that the Payroll Advisor now has a YouTube channel where I post my breaking news alerts.  …

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Tax Law

IRS Releases Deposit Schedules and Rules for 2022

The IRS has issued the annual deposit schedules in Notice 931. To review, there are two deposit schedules—monthly or semiweekly—for determining when you deposit social …

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Blog

New Website by SSA…What’s New for 2022

The Social Security Administration has sets up a What’s New for 2022 internet site.  In it users find links to the tutorial and training package …

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Tax Law

IRS Advises Taxpayers to Take a Fresh Look as 2021 Year-End Nears

The Internal Revenue Service reminds taxpayers that the last quarter of 2021 is a good time to check withholding. Life brings constant changes to individual …

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Wage and Hour Law

NY Paid Family Leave..All the Info You Need

I received this notification via email.  I thought it was a valuable resource on the state’s paid family leave so I am passing it along …

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Wage and Hour Law

Rescission of Joint Employer Status Under the Fair Labor Standards Act Rule Is Now Effective…Tomorrow

The U.S. Department of Labor announced, on September 20, 2021, the extension of the effective date of a final rule to rescind an earlier rule, “Joint Employer Status under …

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COVID-19

Reporting COVID Sick and Family Leave in 2021–Same as 2020

The Treasury Department and the Internal Revenue Service in September issued Notice 2021-53, which provides guidance to employers about reporting on Form W-2 the amount …

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Wage and Hour Law

Taking Employees Tips? Not So Fast Says the DOL!

The U.S. Department of labor has announced a final rule that restores the department’s ability to assess civil money penalties against employers who take tips …

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