The deadline to apply for the IRS’s Voluntary Disclosure Program is March 22. The program allows businesses that claimed the employee retention credit (ERC) and received questionable payments to...
The IRS has updated the employer shared responsibility (ESR) payment amounts for 2025 under the Affordable Care Act (ACA) [Rev. Proc. 2024-14, 2-12-24].
The IRS issued a QuickAlert to tell users how to deal with any troubles they may face logging into the Filing Information Returns Electronically (FIRE) system. The IRS recommends not calling its help...
The U.S. Department of Labor (DOL) issued a final rule that modifies how to determine whether a worker is an employee or an independent contractor under the Fair Labor Standards Act (FLSA) [89 F.R....
2024 launches a new year of Payroll Currently, a monthly electronic newsletter exclusively for PayrollOrg members. Now in its 32nd year of publication, Payroll Currently contains timely and accurate...
In 2023, the IRS finalized regulations to reduce the threshold requirement for filing information returns (e.g., Forms W-2, 1099 series, ACA forms) electronically from 250 to 10 for returns required...
The IRS released the 2024 Publication 15-T, Federal Income Tax Withholding Methods, as well as the 2024 Forms W-4, W-4P, and W-4R. Employees and payees may now use the IRS’s tax withholding estimator...
The IRS announced that the business standard mileage rate for transportation expenses paid or incurred beginning January 1, 2024, will be 67 cents per mile, up 1.5 cents from 65.5 cents per mile for...
