California’s minimum wage to increase to $11 and $10.50 per hour
California’s minimum wage will increase on January 1, 2018, to $11 per hour for employers with 26 employees or more and $10.50 for employers with 25 or fewer employees. Currently, the state minimum...
View ArticleIRS to release withholding tables in January
The IRS has issued a statement on the 2018 withholding tables. The IRS is continuing to closely monitor the pending legislation in Congress, and we are taking the initial steps to prepare guidance on...
View ArticleCalifornia issues 2018 withholding tables
California has issued withholding tables, effective for wages paid on and after January 1, 2018. All of the tables will be reproduced in the Payroll Management Guide at ¶5498 and ¶5499 in a future...
View ArticleConnecticut updates withholding guide; no new tables
The Connecticut Department of Revenue Services has revised its employer’s tax guide to provide guidance for employers who withhold Connecticut personal income tax from their employees’ wages in 2018....
View ArticleD.C. issues 2018 withholding tables
D.C. has issued new wage-bracket and percentage method withholding tables for wages paid on and after January 1, 2018. The annual exemption amount will be $4,150. All of the tables are reproduced in...
View ArticleIllinois issues new withholding tables for 2018
Illinois has issued new withholding tables for wages paid on and after January 1, 2018. All of the tables will be reproduced in the Payroll Management Guide at ¶5908 and ¶5909 in a future release....
View ArticleIRS issues guidance on 2018 withholding
The IRS has issued the following statement: “Partners, the IRS is working to develop withholding guidance to implement the tax reform bill signed into law on December 22. We anticipate issuing the...
View ArticleIRS intends to reestablish IRPAC
The IRS intends to reestablish the Information Reporting Program Advisory Committee (IRPAC) for a period of one year beginning January 5, 2018. The IRPAC is the only advisory committee designed to...
View ArticleD.C. issues guidance on EFT
D.C. has updated its electronic funds transfer (EFT) along with several other electronic filing guides. Some functions and/or debit blocks changed due to the transition to the new web portal in...
View ArticleDelaware posts withholding forms
The Delaware Division of Revenue has released the 2018 quarterly and monthly withholding reporting forms. The forms can be viewed on the division’s website at...
View ArticleIRS releases 2018 wage amounts exempt from levy
The IRS has released the 2018 wage amounts that are exempt from levy. The figures, which are reproduced in this Report Letter on page 7, are issued annually as part of IRS Pub. 1494. The figures will...
View ArticleIRS posts guidance on Form 1099-MISC with NEC in Box 7
The Protecting Americans from Tax Hikes (PATH) Act of 2015 requires Forms 1099-MISC reporting non-employee compensation (NEC) in Box 7 to be filed by January 31. Forms 1099-MISC are due as follows:...
View ArticleEmployers may file ACA forms electronically on January 22
Employers may file ACA forms electronically beginning January 22. ACA information returns include: Form 1094-B, Transmittal of Health Coverage Information Returns Form 1095-B, Health Coverage Form...
View ArticlePuerto Rico issues guidance on withholding, pensions
On November 8, 2017, the Governor of Puerto Rico issued Executive Order No. (OE-2017-67), authorizing the Secretary to establish the tax rules he deems reasonably prudent and necessary so that, during...
View ArticleWisconsin updates some withholding pubs
Wisconsin has released some updated withholding publications. Publication W-166, Wisconsin Withholding Tax Guide, has been updated and posted to the Department’s website. Current withholding rates,...
View ArticleIRS issues 2018 percentage method withholding tables
The IRS has issued percentage method withholding tables for wages paid on and after January 1, 2018. The wage-bracket withholding tables will be released in the near future. The tables are to be...
View ArticleMississippi issues new withholding tables for 2018
Mississippi has issued new withholding tables for wages paid on and after January 1, 2018. All of the tables will be reproduced in the Payroll Management Guide in a future release at ¶7118 and ¶7119....
View ArticleMissouri issues 2018 withholding tables; will be reissued
Missouri has released the wage-bracket and percentage method withholding tables effective for wages paid on and after January 1, 2018. Missouri will be reissuing the tables in the near future due to...
View ArticleJustices opt to stay out of joint-employer battle
The Supreme Court has denied the petition for certiorari filed in DirectTV, LLC v. Hall, which sought review of a Fourth Circuit joint-employer ruling that the petitioners contend departed from every...
View ArticleDOL proposed regulation would allow association health plans
The Department of Labor (DOL) has issued a proposed rule that would allow employers to join together as a single group to purchase insurance in the large group health insurance market. Employers could...
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