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 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...
The National Child Support Engagement Association (NCSEA), in which PayrollOrg is a member, released a free podcast “Gig Workers and Daily Pay: An Employer Focused Conversation.” This episode of ...
The National Child Support Engagement Association (NCSEA), in which PayrollOrg is a member, released a free podcast “Independent Contractors: An Employer Focused Conversation.” This episode of NCSEA...
In late November, the IRS released a worksheet containing the tax tables that will be included in the 2024 Publication 15-T, Federal Income Tax Withholding Methods. Although a full draft of...
The Social Security Administration (SSA) reminded employers to check sooner rather than later to ensure they have access to their Business Services Online (BSO) accounts before filing season begins....
The IRS released cost-of-living-adjustments (COLAs) for 2024 reflecting any increases in excludable transportation fringes and the flexible spending arrangement (FSA) deferral limit, among other...
The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans, as well as other items, for tax year 2024 [Notice 2023-75, 11-1-23].
The Social Security Administration’s (SSA) Fall 2023 Semi-Annual Meeting With the Wage Reporting Community and IRS will be held on Wednesday, November 8, from 1:00 to 3:00 p.m. EST. The meeting will...
The Social Security Administration (SSA) announced on Thursday, October 12, that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023 [SSA, Press...