January 28, 2010 by Jared BilskiLet your payroll folks know: The feds have put together another game of chance — with the grand-prize being an audit of your company’s tax returns. Read the rest of this entry »
Tags: Employment tax noncompliance, Fringe benefits, IRS audits, Lottery, National Research Program, Payroll, Tax returns
January 27, 2010 by Jared BilskiA recent study gives powerful incentive to check in with your Benefits department to ensure you’re in compliance with the Employee Retirement Income Security Act (ERISA). Read the rest of this entry »
Tags: Benefits department, Employee Retirement Income Security Act, ERISA compliance, ERISA Pros, Form 5500, LLC, U.S. Census Bureau reports
January 22, 2010 by Jared Bilski December 11, 2009 by Jennifer Azara
Start passing out the straws. Whoever draws the short one gets to tell employees how much less you’ll be reimbursing them for every business mile they drive. Read the rest of this entry »
Tags: Business mile, Charitable mileage rate, Gasbuddy, IRS, January 1, Medical and moving rate, Standard mileage rate
November 5, 2009 by Jared BilskiBeginning in February, 6,000 random (unlucky) companies will start getting the IRS version of Happy New Year’s wishes: a notice they’re going to be audited over employment taxes. Read the rest of this entry »
Tags: Exec pay and fringe benefits, Feds, Form 1099, Independent contractors, IRS agents, Random audits
October 19, 2009 by Jared BilskiYear-end will be here before you know it. So if Payroll has made any COBRA subsidy payments, you’ll want to make sure they’ve claimed credit on Form 941. Read the rest of this entry »
Tags: COBRA credit, Form 941, Overpayment, Payroll, Subsidy payments
October 16, 2009 by Jared BilskiIf your firm relies on per-diems when it comes to business travel, you’ll want to take a look at FY’10 per-diem rates and make some adjustments. Read the rest of this entry »
Tags: A/P, Business travel, CONUS, IRS, Non-standard locations, Per-diem rates
October 2, 2009 by Jennifer Azara
Of course, everyone thinks it’s a smart idea for people to save for their golden years. But now your company’s going to have to take a much more active role in getting them to do it! Read the rest of this entry »
Tags: 401(k), Automatic enrollment, IRS, Obama, Retirement plans, Retirement Scurity for American Families
August 21, 2009 by Jennifer Azara August 13, 2009 by Jared BilskiWho hasn’t had dealings with the feds that involved death threats, the U.S. Department of the Treasury and a trifecta of loaded weapons? Read the rest of this entry »
Tags: Death threats, False tax returns, IRS agent, Loaded weapons, U.S. Department of the Treasury