KY Unveils WRAPS

The Kentucky Department of Revenue has launched a new online personal income tax withholding return and payment system (WRAPS). Employers can use WRAPS to file returns (annual, quarterly, monthly, and twice-monthly returns), view and amend previously filed online returns, request refunds, and pay withholding tax using the enterprise electronic payment system.

IRS Releases Info on Third-Party Sick Pay Recap Form

The IRS has released Notice 2015-06 which describes the rules for filing Form 8922, Third-Party Sick Pay Recap. This is an annual form that must be filed with the IRS which replaces the third-party sick pay recaps that were filed with the Social Security Administration. Form 8922 is used to report total amounts of certain sick pay paid to employees by a third party.

Independent Contractor vs. Employee Another Round: Florida Jumps in the Ring

Officials from the U.S. Department of Labor and the Florida Department of Revenue today signed a memorandum of understanding with the goal of protecting the rights of employees by preventing their misclassification as independent contractors or other nonemployee statuses. Under the agreement, both agencies will share information and coordinate law enforcement. The MOU represents a new effort on the part of the agencies to work together to protect the rights of employees and level the playing field for responsible employers by reducing the practice of misclassification. The Florida Department of Revenue is the latest state agency to partner with the Labor Department.

Memoranda of understanding with state government agencies arose as part of the DOL’s Misclassification Initiative, with the goal of preventing, detecting and remedying employee misclassification. Alabama, California, Colorado, Connecticut, Hawaii, Illinois, Iowa, Louisiana, Maryland, Massachusetts, Minnesota, Missouri, Montana, New York, Utah and Washington state agencies have signed similar agreements.

New Hampshire Lowers SUI Rates for 1st Quarter

The New Hampshire’s governor’s office announced on January 6th that a “fund balance reduction” of 1.0% will be in effect for the first quarter of 2015.  This results in most positive-balanced and new employers will see another 0.5% reduction in their SUI tax rates beginning in January, 2015. A previous fund balance reduction of 0.5% already went into effect in the fourth quarter of last year.  Coupled with this latest reduction employers should pay a SUI rate that is 1.0% less than what was reflected on their fiscal year 2015 tax rate notice they received in September, 2014.

Coggno Offers $12 Courses

12 dollar logoCoggno is offering selected communication skills courses for the reduced price of $12.  The courses include:

  • Business Communication Skills Suite: How to Communicate Effectively at Work
  • How to ListenSpeak™
  • Dialogue Takes More Than Just Twos
  • How to “Visualize” Reports to Better Understand, Predict and Manage (3 month license)
  • How to Communicate Effectively on the Telephone and in Writing
  • How to Eliminate Mistakes with Operational Definitions
  • How to Listen Actively

For an added bonus there is even one free course! Income Statement Secrets Revealed

These courses are available on our Coggno training page. Just click on the link below and search for the course you are interested in.

Click here to find out more or to register

About the Author:

Dan Strongin is the founder of ManageNaturally.com, an online resource for business owners and managers, dedicated to providing pragmatic, proven, effective solutions to every day business problems.  A Thought Leader in Strategic Marketing and Quality Administration, he has been helping people do better business since 1996. He’s the author of several books as well as online training courses, including “How to Communicate Effectively in Business,” which are available directly from our website.