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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …