Tax

Find out which taxes are payroll taxes and how to report them to maintain compliance with regulations and IRS...

Published: February 5, 2024 by Joe Grimes

Learn how to differentiate between Form W-2 and Form W-4 to meet the necessary requirements and ensure payroll tax...

Published: January 29, 2024 by Joe Grimes

Learn more about the right approach to ensure successful post-merger integrations as a critical aspect of M&A...

Published: January 22, 2024 by Joe Grimes

Learn more about Form W-3 in this overview, including how and when to file for better payroll tax compliance....

Published: January 15, 2024 by Joe Grimes

Representatives Lloyd Smucker (R-PA) and Terri Sewell (D-AL), together with several other lawmakers, have introduced the “Improve and Enhance the Work Opportunity Tax Credit...

Published: December 20, 2023 by Max Shenker

Learn more about Form 941 in order to improve your tax compliance with proper and timely submissions of the...

Published: December 20, 2023 by Joe Grimes

Learn about the differences between Form W-2 vs Form 1099 to avoid worker misclassification, protect your business and avoid...

Published: December 18, 2023 by Gordon Middleton

The IRS has announced preemptive denial of ERC claims for 20,000 taxpayers based on entities that did not exist prior to 2022 or pay......

Published: December 6, 2023 by Max Shenker

A taxpayer whose ERC claim was denied by an IRS auditor has filed suit against the IRS and Treasury...

Published: December 6, 2023 by Max Shenker

Unprocessed ERC claims at the end of November reached the highest number since the IRS began reporting the volume in...

Published: December 4, 2023 by Max Shenker

Learn about the changes proposed to the 2023 Form W-2 that were postponed for 2024 to ensure compliance with payroll tax requirements....

Published: November 28, 2023 by Joe Grimes

A new Financial Crimes Enforcement Network alert to financial institutions highlights fraud schemes related to the...

Published: November 27, 2023 by Max Shenker

Form 945, Annual Return of Withheld Federal Income Tax, is the cornerstone for reporting all “nonpayroll’ withheld taxes. Nonpayroll taxes encompass amounts withheld from...

Published: November 21, 2023 by Rudy Mahanta, CPP

ERC warnings from the IRS have caused employers to be skeptical of the credit. This review explores recent IRS statements on...

Published: November 21, 2023 by Max Shenker

The Employee Retention Credit expired September 2021, but qualifying businesses can retroactively claim it. Find out who qualifies for the...

Published: November 21, 2023 by Adam Taplinger

This overview of ERC for private schools can help shed light on qualifications and eligibility for circumstances private schools...

Published: November 16, 2023 by Don Johnson

Learn more about common Employee Retention Credit myths and get the facts to fully understand this beneficial...

Published: November 7, 2023 by Adam Taplinger

Learn more about the employee retention credit (ERC) withdrawal program from new guidance provided by the IRS during a recent webinar....

Published: November 3, 2023 by Max Shenker