The Internal Revenue Service has made a recent announcement suggesting part-year or seasonal employees to do a “paycheck checkup”. The changes made from The Tax Cuts and Jobs Act (enacted earlier in the year) have made some significant differences in how the...
The IRS recently released updates to the income-tax withholding tables for 2018. This change updates the 2018 tax tables in accordance with the tax reform legislation enacted at the end of the year (HR1). Employers should update their tables as soon as possible, but...
On December 14, 2017, the Internal Revenue Service announced that the standard mileage rates for business will be increased for 2018. For the year 2018, the optional standard mileage rate will be 54.5 cents per mile. Taxpayers have the option of using the optional...
On December 17, 2015, the Internal Revenue Service announced that the standard mileage rates for business will be decreased for 2016. For the year 2016, the optional standard mileage rate will be 54 cents per mile. Taxpayers have the option of using the optional...
Our very own Lora Manternach, PHR and Jake Stratton along with long-time business associate John Gallo, CPA have been honored with an invitation to speak at an upcoming event for Lorman Education services. On May 22, 2012, the team will present a one day seminar on...
The Internal Revenue Service recently released final guidance on the small business health care tax credit included in the Health Care Reform enacted earlier this year. A one-page form as well as instructions for small employers, were included in this release. Small...
