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Jyme Mariani, Esq.

Recent Posts

IRS Clarifies Form W-2 Reporting of Employee Social Security Tax Deferrals

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/11/05/irs-clarifies-form-w-2-reporting-of-employee-social-security-tax-deferrals
The IRS has clarified how employers should complete Forms W-2 if they deferred the employee share of social security tax in 2020.

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IRS Releases 2021 Pension, Other COLAs

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/10/28/irs-releases-2021-pension-other-colas
The IRS announced changes to update 2021 limits on pension plans and other cost-of-living adjustments.

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IRS Releases 2020 ACA Reporting Forms, Instructions

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/10/22/irs-releases-2020-aca-reporting-forms-instructions
The IRS released the 2020 Affordable Care Act (ACA) forms and instructions with few changes.

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Social Security Wage Base Increases to $142,800 for 2021

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/10/13/social-security-wage-base-increases-to-$142-800-for-2021
On October 13, the Social Security Administration announced that that the 2021 social security wage base will be $142,800, which is an increase of $5,100 from 2020.

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IRS Issues Final Rules for Federal Income Tax Withholding

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/10/09/irs-issues-final-rules-for-federal-income-tax-withholding
The IRS issued final regulations to update the federal income tax withholding rules and reflect changes made by the Tax Cuts and Jobs Act.

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DOL Proposes Rule for Classifying Workers

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/09/22/dol-proposes-rule-for-classifying-workers
The U.S. Department of Labor issued a proposed rule to determine whether a worker is an employee under the Fair Labor Standards Act or an independent contractor.

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Year-End Compliance Webinar Focuses on Preparing for 2021

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/09/18/year-end-compliance-webinar-focuses-on-preparing-for-2021
APA’s Preparing for Year-End and 2021 seminar provides updates on the latest changes in legislation and regulations that affect the close of 2020 and the first payroll of 2021. The seminar begins in...

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Failure to Deposit Penalty Notices for COVID-19 Credits

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/08/28/failure-to-deposit-penalty-notices-for-covid-19-credits
The IRS said a small number of employers that reduced their tax deposits in anticipation of claiming COVID-19-related credits may have inadvertently received an IRS penalty notice. These employers do...

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Federal Per Diem Rates Updated for Fiscal Year 2021

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/08/21/federal-per-diem-rates-updated-for-fiscal-year-2021
The General Services Administration issued its annual updated list of federal maximum per diem rates for travel to locations within the continental United States.

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Filing Form 941-X for 2020 Second Quarter

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2020/08/20/filing-form-941-x-for-2020-second-quarter
The IRS has provided guidance on filing Form 941-X for the second quarter of 2020. The IRS plans to issue a revised Form 941-X in late September that will allow employers to correct COVID-19-related...

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