TIGTA: IRS processes should reduce third-party payer risks
The IRS needs effective processes to protect the taxpayer’s and the government’s interests when third-party payroll providers do not comply with payment and filing requirements, according to a report...
View ArticleIllinois updates publications on withholding requirements
The Illinois Department of Revenue has updated two informational publications that provide guidance on personal income withholding tax payment and reporting requirements. Technical changes have been...
View ArticleIllinois partner not responsible party in failure to pay withholding taxes
A former partner in a limited liability partnership that was engaged in the practice of law in Illinois was not liable for penalties and interest for the willful failure to pay the partnership’s...
View ArticleMaine amends withholding rule
Maine Revenue Services has amended its rule governing income tax withholding reports and payments to add definitions for “payer,” “payee,” and “person” in order to consolidate references to employers...
View ArticleVirginia issues reminder for pass-through entities
Virginia Form 502, Pass-Through Entity Return of Income Tax and Return of Nonresident Withholding Tax, is due on or before April 15, 2015 from: (1) fiscal year filers whose taxable year ends on Dec....
View ArticleOne-time pay deduction was not violation of salary-basis test
Affirming summary judgment in favor of J.R.’s Country Stores, the Tenth Circuit ruled that an exempt store manager failed to show that the one-time deduction from her salary—because she worked only...
View ArticleAR exempts out-of-state disaster responders from certain taxes
Legislation is enacted that exempts from certain taxes and regulatory requirements out-of-state businesses and their employees who enter Arkansas on a temporary basis to provide help and assistance in...
View ArticleIllinois updates publication on W-2, W-2G, and 1099 requirements
The Illinois Department of Revenue (IDOR) has updated an informational publication on Form W-2, personal income tax withholding wage statements, and Form 1099, information returns. The publication...
View ArticleIllinois updates publication on W-2, W-2G, and 1099 requirements
The Illinois Department of Revenue (IDOR) has updated an informational publication on Form W-2, personal income tax withholding wage statements, and Form 1099, information returns. The publication...
View ArticleMaryland passes amnesty bill
Maryland Gov. Larry Hogan has signed legislation requiring the Comptroller to declare an amnesty period for delinquent taxpayers from September 1, 2015, to October 30, 2015, inclusive, that waives...
View ArticleIllinois updates household employee withholding publication
The Illinois Department of Revenue has updated its informational publication on personal income tax withholding for household employees. The publication provides guidance on Illinois withholding tax...
View ArticleMinnesota issues withholding tax reminder
Minnesota has issued a reminder on quarterly return and deposit due dates. April 30, 2015, is the due date for the first quarter (Jan. – Mar. 2015) Minnesota withholding tax return. Deposits were due...
View ArticleNevada cab drivers entitled to minimum wage
Taxicab drivers stated a viable claim for minimum wages under the under the Minimum Wage Amendment to the Nevada Constitution, ruled the Nevada Supreme Court in an unpublished decision. Relying on its...
View ArticleMinnesota issues withholding tax reminder
Minnesota has issued a reminder on quarterly return and deposit due dates. April 30, 2015, is the due date for the first quarter (Jan. – Mar. 2015) Minnesota withholding tax return. Deposits were due...
View ArticleMissouri interest rate on refunds unchanged
The interest rate will be 0.6% on all qualifying Missouri tax refunds for the period July 1, 2015, to September 30, 2015, the Missouri State Treasurer has advised the Missouri Director of Revenue. The...
View ArticleNew York City issues new withholding tables for June 1, 2015
New York City has issue revised wage-bracket and calculation method withholding tables for wages paid on and after June 1,2015. The tables reflect recent changes to the personal income tax rate. The...
View ArticleIRS issues 2014-2015 priority guidance plan
The IRS has issued the updated priority guidance plan for the third quarter fiscal 2014-2015. Some of the payroll-related items relating to executive compensation, health care, and benefits are below....
View ArticleIRS issues draft publication on filing ACA forms electronically
The IRS has released a draft publication on filing Affordable Care Act (ACA) forms electronically. The publication outlines the communication procedures, transmission formats, business rules and...
View ArticleMissouri enacts amnesty, offset provisions
A tax amnesty period has been authorized from September 1, 2015, to November 30, 2015, from the assessment or payment of all penalties and interest with respect to unpaid Missouri taxes or taxes due...
View ArticleNew York mandatory withholding e-file rule in effect
New York’s electronic filing mandate went into effect April 30, 2015. Withholding tax returns NYS-1, Return of Tax Withheld and NYS-45, Quarterly Combined Withholding Wage Reporting, and Unemployment...
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