As IRS employees return to work, they are returning to piles of mail. As they send out notices that were printed before stay-at-home orders were set in place, taxpayers should be prepared.
Non-resident income taxes are not the majority of income taxes in many states, however, others rely heavily on them.
On August 6, 2019, the IRS launched a new Tax Withholding Estimator to help taxpayers determine the correct amount of tax that should be withheld from their paycheck this year. We must say this Estimator is a significant improvement compared to the previous one!
The COVID-19 virus has caused many companies to abandon their workplaces and work from home or shut down temporarily. As the COVID-19 virus continues to majorly affect American workplaces, the government decided to make some changes.
Since the 2020 Federal Form W-4 was released, the elimination of withholding allowances has been a popular topic of discussion. Many states rely on federal allowances for tax withholding purposes. So, how will states react to the lack of federal allowances?
Some states have made changes to their taxable wage bases for 2020; however, others may announce their changes later this year or early in 2020.
During difficult times, such as bad weather, caring for a family member, or a pandemic such as COVID-19, working from home can become an imperative need for an employee. To help companies prepare to work from home, here are four essential steps that will keep employees and companies safe and compliant.
During this crucial time, the FFCRA will provide paid sick leave to employees who meet certain requirements.
In October of 2019, the Office of Management and Budget approved the minor changes on the new version of the Form I-9. On January 31, 2020, the United States Citizen and Immigration Services (USCIS) published the new Form I-9. They instructed employers to begin using this version at their earliest convenience; however, on May 1, 2020, the new Form I-9 is the only acceptable form for submission.
There are many different ways tax scammers will contact you. Be on the lookout for one form of contact that has increased in recent years.
Stay safe this tax season by protecting the confidential information on your W4.
A tax engine is a piece of payroll tax software that calculates every payroll tax imaginable.
At Symmetry Software, we are always looking forward to seeing our friends at APA Congress. This year we are excited to meet with you all virtually at Congress Xstream!
In late March, President Trump approved and signed the $2 trillion stimulus package allowing eligible Americans to receive a stimulus payment during these difficult times. The government has finally determined how these payments will be distributed, and you should know how to find out if you're qualified.
In a few short weeks, COVID-19 has already created dramatic changes in payroll departments. As this national emergency continues to evolve, employers and payroll departments need to continue to make the necessary modifications.
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