Payroll Tax Compliance Insights

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Master the complexities of payroll tax compliance.

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Local Taxes

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State Withholding Forms - What do you really know?

Compliance

State Withholding Forms - What do you really know?

Did you know that depending on the state that your employees work in, they may actually have to complete a state withholding form, in addition to completing the federal Form W-4 to withhold federal taxes from their paychecks.

A “First of its Kind” PFML Plan launches in New Hampshire

Compliance

A “First of its Kind” PFML Plan launches in New Hampshire

Beginning in December 2022, employers can start enrolling in New Hampshire's new voluntary Paid Family and Medical Leave plan for employers and employees of all types of businesses.

Employer-Provided Benefits for Delaware and Colorado

Compliance

Employer-Provided Benefits for Delaware and Colorado

As of 2022, around 11 states have joined the employer-provided benefits movement, with Delaware as the most recent state. Colorado adopted employer-provided benefits in 2020 and will begin deducting taxes on January 1, 2023.

Cryptocurrency and Employer Wage Payments

Compliance

Cryptocurrency and Employer Wage Payments

Employers looking to use cryptocurrency as a way to distribute wage payments should be aware of the basics and federal and state-level tax compliance.

Washington Long-Term Care Program Delayed Until 2023

Compliance

Washington Long-Term Care Program Delayed Until 2023

The Washington Governor has officially signed legislation delaying the Washington Long-Term Care Program and tax collection to July 1, 2023.

IRS Announces Increase of Standard Mileage Rates for 2022

Compliance

IRS Announces Increase of Standard Mileage Rates for 2022

The IRS has announced an increase in Standard Mileage Rates for 2022. This increase will affect business, medical or moving, and charitable vehicles in use.

Florida Reemployment Rates Experience Delay in 2022

Compliance

Florida Reemployment Rates Experience Delay in 2022

Florida is expected to delay the calculation of reemployment tax rates for 2022.

Social Security Announces Increase for 2022

Compliance

Social Security Announces Increase for 2022

By 2022, Cost-of-Living Adjustment will increase Social Security and Supplemental Security Income benefits by 5.9 percent to ensure that inflation does not erode the purchasing power of these benefits.

Monthly Child Tax Credit Payments Under the American Rescue Plan Act Begin

Compliance

Monthly Child Tax Credit Payments Under the American Rescue Plan Act Begin

On July 15th, 2021, it was announced by the IRS that millions of American families had begun receiving their monthly Child Tax Credit payments with the credit's first installment. The Child Tax Credit, which was implemented under the American Rescue Plan Act of 2021, is intended to give families support following COVID-19.

Oregon Offers Additional COVID-19 Relief

Compliance

Oregon Offers Additional COVID-19 Relief

Oregon's Governor, Kate Brown, offered assistance to businesses affected by COVID-19 in the early days of the pandemic. For additional financial relief, employers can now pay UI taxes through a payment plan.

Washington Makes Long-Term Care Affordable

Compliance

Washington Makes Long-Term Care Affordable

Recently, Washington State announced a first-of-its-kind plan to provide long-term care benefits to Washingtonians. Benefits will be available to eligible recipients beginning January 2025 for up to $36,500 in lifetime benefits.

Supporting Families with the New Child Tax Credit

Compliance

Supporting Families with the New Child Tax Credit

The new Child Tax Credit is part of the American Rescue Plan Act of 2021 to support families. Eligible individuals must meet certain requirements to receive payments beginning in July.

Compliance

Where's My W-2?!

As the deadline to file your individual tax returns quickly approaches, make sure you are prepared with all of the necessary documents. If you don't have your Form W-2, you should know how to find it!

Compliance

Wisconsin Refuses New Form W-4

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?

Compliance

Nebraska Use of Federal Form W-4

The Nebraska Department of Revenue is developing an employee Nebraska withholding allowance certificate form to determine the number of allowances for Nebraska income tax withholding purposes beginning with the year 2020. The new form will be similar to the federal Form W-4 that was in use immediately prior to the Tax Cuts and Jobs Act of 2017 (TCJA).

The IRS Wants You to File Your Cryptocurrency Taxes

Compliance

The IRS Wants You to File Your Cryptocurrency Taxes

Cryptocurrency is a relatively new currency, so there is little guidance on how to handle this income. Any profits made on cryptocurrency are subject to a capital gains tax, and that percentage can reach to 37 percent of the profits.

Governor, Jay Inslee, Signs a “First of Its Kind” Bill

Compliance

Governor, Jay Inslee, Signs a “First of Its Kind” Bill

On Monday, May 13th, 2019, the Governor of Washington, Jay Inslee, signed a bill that creates a long-term care benefit.

Compliance

Your tax return was rejected. What now?

If your tax return was rejected, you're not alone. Make sure you know what to do next to avoid more fees.

Compliance

The Kentucky Derby Payouts

The winner of the Kentucky Derby receives a $2 million purse. Where does all of that money go? Also, bettors may need to pay pari-mutuel taxes depending on their odds.

Washington Revises Paid Family and Medical Leave Timeline

Compliance

Washington Revises Paid Family and Medical Leave Timeline

Washington is launching a new online tool this spring delaying the reporting process to any time between July and August.

7 Bizarre Taxes Across the United States

Compliance

7 Bizarre Taxes Across the United States

It’s no secret that taxes are complicated, confusing and even bizarre at times. There are many head-turning taxes out there including some in Hawaii, Kentucky and Nevada!

Idaho Launches First Idaho-Specific W-4 Form

Compliance

Idaho Launches First Idaho-Specific W-4 Form & Updated Withholding Tables Guide

The Idaho State Tax Commission launched its first Idaho-specific W-4 form as well as an updated Withholding Tax Guide.

Compliance

New State-Specific Form W-4 for Oregon

The Oregon Department of Revenue (DOR) is set to release a new state-specific Form W-4 in 2019.

Compliance

Pennsylvania Act 32: What It Entails

Pennsylvania Act 32 streamlined local EIT collection, and Payroll Point is built to handle its provisions seamlessly.

Strange Payroll Laws You Must Know To Be Compliant

Compliance

Strange Payroll Laws You Must Know To Be Compliant

Staying compliant with payroll can be complicated when strange laws come in to play.

Compliance

What is Geolocation or Geocoding?

Geocoding turns a non-exact description or addresses and normalizes it into a precise location.

Payroll Forms You Didn't Know You Needed

Compliance

Payroll Forms You Didn't Know You Needed

There are over 130 payroll withholding forms - do you provide them all to your employees?

Why Local Forms Are Important in Your Offering

Compliance

Why Local Forms Are Important in Your Offering

Online local withholding forms are important in states and cities with complicated local taxes - having them on hand ensures proper tax withholding from the beginning of an employee's tenure.

Compliance

What is a TIF Tax?

Tax Increment Financing Taxes subsidize businesses for various community-improvement projects.

Compliance

Building Great Payroll Compliance Habits

Building great payroll compliance habits can prevent audits and fines from government agencies.

Compliance

JEDDs vs. JEDZ

JEDDs create a partnership between municipalities and townships to develop township land for commercial and industrial revenue, while JEDZ are alliances between local government and a township.

New York to Sue Federal Government over Tax Reform

Compliance

New York to Sue Federal Government over Tax Reform

In response to the Tax Cuts and Jobs Act, New York sued the federal government in early 2018.

Minnesota and Wisconsin Still at Odds Regarding Reciprocity

Compliance

Minnesota and Wisconsin Still at Odds Regarding Reciprocity

Minnesota and Wisconsin had a withholding tax reciprocal agreement for over 40 years that ended in 2010 - and the debate is still going.

Municipalities In Illinois Are Opting Out Of Minimum Wage Increases

Compliance

Why Municipalities In Cook County, Illinois Are Opting Out Of Minimum Wage Increases

With minimum wage increases happening across the country, not all municipalities are ready to make the changes, like Cook County, Illinois, who has opted out of minimum wage increases.

Penalties For Employers Not Following Affordable Healthcare Act Regulations

Compliance

Penalties For Employers Not Following Affordable Healthcare Act Regulations Still Effective

When the Affordable Healthcare Act was passed, a strong mandate was given for employers with 50 or more full-time employees in the previous calendar year: provide insurance to all full-time employees, and prove it. If they don't, they will be penalized.

What The President's New Tax Plan Proposal Entails and Its Effects

Compliance

What The President's New Tax Plan Proposal Entails and Its Effects

In September 2017, the President announced tax reform that ultimately would become the Tax Cuts and Jobs Act, transforming the tax bracket, and withholding forms process in America.

Compliance

Taxes You'll Only Find In Kentucky

Kentucky has several unique programs to create jobs that come with taxes.

Defining the Urban Growth Boundary of Oregon

Compliance

Defining the Urban Growth Boundary of Oregon

The Urban Growth Boundary of Oregon helps control urban expansion onto farm and forest lands, and ultimately deter an unsettling urban sprawl that could damage natural resources.

Compliance

What is a PSD code?

A PSD code stands for political subdivision codes. These are six digit numbers that identity municipalities (cities, boroughs, townships) in Pennsylvania.

Compliance

What is a Tax Turtle?

Tax turtles are “itinerant workers" means a traveling worker with no real tax home - eliminating many potential tax breaks and creating complicated multi-state scenarios.

Compliance

Here Are Crucial Details About Withholding Compliance You Should Know

The Withholding Compliance Program analyzes wages and tax information on past W-2s to determine if individual taxpayers have had their taxes correctly withheld.

The Past and Present of the Federal Income Tax

Compliance

The Past and Present of the Federal Income Tax

The first traces of a federal income tax occurred during the Civil War when President Lincoln signed the Revenue Act of 1861 into law.

Compliance

The Fair Labor Standards Act - What Does it Entail?

The Fair Labor Standards Act (FLSA) regulates the following: basic wage standards, record-keeping, child labor, and equal pay.

The Real Cost of Employee Misclassification

Compliance

The Real Cost of Employee Misclassification

Misclassifying an employee as an independent contractor comes with consequences from the IRS, including liability for the full amount of federal income tax and 100% of the employee and employer share of Social Security and Medicare taxes.

How the IRS Detects Employee Misclassification

Compliance

How the IRS Detects Employee Misclassification

Employee misclassification occurs when an employer claims an employee is an independent contractor, thus removing the need to pay withholding taxes. The IRS has programs in place to detect this.

The Breakdown of Pennsylvania State and Local Taxes

Compliance

The Breakdown of Pennsylvania State and Local Taxes

Payroll professionals working and living in Pennsylvania are quite familiar with the state and local tax code - one of the most complicated in the country.

Employees Want To Fill Out Their Withholding Forms Online

Compliance

Employees Want To Fill Out Their Withholding Forms Online

With the creation of online withholding forms, the number of errors (and headaches) for all involved in onboarding an employee has greatly reduced - so much so even employees recognize the benefits of an online form.