Finance News & Insights

New paid leave tax credit – IRS makes it official

If your company provides paid family and medical leave to your employees, here’s good news: You’re officially now eligible for a new tax credit. [Read more…]

Print Friendly

Past year-end flubs resurfacing: Is Finance ready to handle them?

As the last quarter of 2018 begins, you’re likely already beginning to prepare for the coming year-end. But before forging forward, IRS will require many companies to take a lookback at last year-end. [Read more…]

Print Friendly

What IRS wants you to know about the Tax Cuts and Jobs Act

The federal Tax Cuts and Jobs Act may have been almost nine months ago, but the IRS has just gotten around to letting you know how to implement several of its provisions.  [Read more…]

Print Friendly

Thinking of using IRS’s new paid leave tax credit? What you need to know

The new paid family and medical leave business credit may be a huge opportunity for your firm, but there’s some key info you need to know before you jump in. [Read more…]

Print Friendly

IRS’ new online tool to navigate the wave of ACA penalties

Now that employers have been notified of their potential ACA shared-responsibility penalties by the IRS, the agency is offering guidance on how they should respond. And employers will definitely want to take note of their options. [Read more…]

Print Friendly

Does IRS’ new FAQ on tax law paid leave credit offer enough detail?

Finance pros finally have official guidance regarding the paid-leave tax credit created under the Tax Cuts and Jobs Act (TCJA). But there’s a good chance the guidance will leave a lot of your questions unanswered. [Read more…]

Print Friendly

IRS: Here’s where disaster relief applies, where it doesn’t

Employers impacted by the California wildfires, flooding and/or mudslides have been granted some tax relief from IRS. [Read more…]

Print Friendly

No time to lose! Start using IRS’s new 2018 withholding tables ASAP

Let Payroll know: IRS has just given your payroll staffers the information they need most to get their job done this year — and they must begin using that info after February 15. [Read more…]

Print Friendly

Feds change fee structure for key compliance program: How it impacts Finance

Heads up: The IRS is no longer charging employers who take advantage of its Voluntary Correction Program (VCP) by the number of plan participants they have. [Read more…]

Print Friendly

IRS cuts Finance a major Obamacare break at the 11th hour

The IRS recently did something regarding the Affordable Care Act (ACA) it was adamant it wouldn’t do this year. [Read more…]

Print Friendly