Quantcast
Channel: Wolters Kluwer Law & Business News Center »» Payroll Daily News
Browsing all 841 articles
Browse latest View live

TIGTA: Potential underreported tax not being addressed

The Treasury Inspector General for Tax Administration (TIGTA) found that billions of dollars of potential underreported taxes were not being addressed by the Combined Annual Wage Reporting (CAWR)...

View Article



Michigan program allows authorized businesses to retain withholding

Depending upon the number of jobs created and the wage level of the jobs, a company will be issued a withholding certificate covering the cost of either 50% or 100% of the income tax withheld...

View Article

Wisconsin issues bulletin on military pay, withholding

The Wisconsin Department of Revenue has issued a tax bulletin that discusses military pay and nonresident withholding. Military pay income subtractions—The military pay income subtraction does not...

View Article

Illinois flood-related deadline relief extended

Illinois Gov. Bruce Rauner has announced that the state will waive penalties and interest for taxpayers in an additional eight counties who cannot file or pay taxes on time as a result of floods in...

View Article

GSA issues 2018 CONUS per diems

The General Services Administration (GSA) has announced its fiscal year (FY) 2018 Continental U.S. (CONUS) per diem reimbursement rates. The GSA rates are often a predictor of the per diem rates set by...

View Article


Requirements for reproduction/substitute forms corrected

The IRS has corrected Rev. Proc. 2017-39, I.R.B. 2017-26, 1286, which provided the specifications for the private printing of red-ink substitutes for the 2017 revisions of information returns,...

View Article

Oregon governor signs workplace scheduling bill

Oregon Governor Kate Brown has signed a law that adds substantial work scheduling stability to employees working in the retail, hospitality, and food services industries. The governor signed the law,...

View Article

Profit sharing bonus properly excluded from regular rate

GEICO properly excluded a profit sharing bonus in the calculation of an employee’s regular rate for overtime purposes, ruled a federal district court in California in dismissing the employee’s overtime...

View Article


IRS warns tax professionals of W-2 email scam

The IRS has alerted tax professionals to a recent increase in email scams targeting employee Forms W-2. In 2017, the IRS witnessed a surge in the number of businesses, public schools, universities,...

View Article


Police officers not entitled to overtime for duty work on PDAs

Chicago police officers who alleged they were not compensated for off-duty work performed on their mobile electronic devices (BlackBerrys) were not entitled to recovery for such unscheduled overtime...

View Article

SIFL rates issued for the second half of 2017

The Department of Transportation has released the applicable terminal charge and standard industry fare level (SIFL) mileage rates for July 1, 2017, through December 31, 2017. These rates will be used...

View Article

Arizona withholding return due dates changed

Beginning with the 2017 withholding returns filed in 2018, the new due date for filing Arizona Form A1-R or Arizona Form A1-APR is January 31. In prior years the due date was February 28. The...

View Article

Illinois Freedom to Work Act amended

The Illinois Freedom to Work Act has been amended to provide that “low-wage employee” means an employee whose earnings do not exceed the greater of the hourly rate equal to the minimum wage required by...

View Article


Minnesota minimum wage to increase January 1, 2018

Minnesota’s minimum-wage rates will be adjusted for inflation beginning Jan. 1, 2018, to $9.65 an hour for large employers and $7.87 an hour for other state minimum wages. Under Minnesota law, the...

View Article

South Carolina issues 2017 withholding tables

South Carolina has issued new wage-bracket and computer formula withholding tables for wages paid on and after January 1, 2018. The tables will be reproduced in the Payroll Management Guide at 8248 and...

View Article


EEO-1 Report’s compensation data requirement stayed

As anticipated, the Office of Management and Budget (OMB), on August 29, 2017, issued an immediate stay of the of the pay data collection aspects of the EEO-1 form added near the end of the Obama...

View Article

New York issues guidance on new Paid Family Leave Program

The New York Department of Taxation and Finance has issued a notice discussing the personal income tax implications of the state’s new paid family leave program. The notice provides the following...

View Article


Oregon increases payroll tax to fund transportation projects

An Oregon law intended to fund transportation projects increases payroll tax beginning July 1, 2018. The law imposes a payroll tax, referred to as a transportation project tax, at the rate of 0.1% on...

View Article

IRS encourages leave-based donations due to Harvey

The IRS has provided special relief designed to support leave-based donation programs to aid victims of Hurricane Harvey. Under these programs, employees forgo their vacation, sick, or personal leave...

View Article

IRS issues record retention guidance due to Harvey

The IRS has reminded individuals and businesses to safeguard their tax records against natural disasters by taking a few simple steps. Taxpayers should always keep a duplicate set of records including...

View Article
Browsing all 841 articles
Browse latest View live




Latest Images