Payroll

Partnerships and payroll taxes don’t mix

08/04/2016

If you administer payroll for a partnership, you have problems. Final regulations reiterate the IRS’ position on partners: You can be a partner or an employee, but you can’t be both. And, according to the regs, this remains true if a partnership owns a disregarded entity.

APA Congress: Identity theft-proof your workplace

07/29/2016

Shockingly (or maybe not), more than half the attendees at the APA’s identity theft workshop acknowledged that they were bait for the phishing expedition undertaken earlier this year to steal employees’ W-2 information by spoofing a company’s executives.

Company’s delay = $9.6 million in taxes, penalties, interest

07/26/2016

“I’ll get to it tomorrow” isn’t a winning legal strategy.

IRS, DOJ highlight payroll initiatives

07/22/2016

Over 70% of the federal government’s ready cash is obtained through withholding. That puts you in the crosshairs for new compliance initiatives from the IRS and its in-house lawyers from the Tax Division at the Department of Justice (DOJ).

Aug. 3 is near, W-2c procrastinators beware

07/18/2016

Aug. 3 is the date when information return penalties increase from $110 per form (up to $1,669,500), to $270 (up to $3,339,000), for W-2 missteps.

Dealing with the coronavirus means swimming with sharks

07/07/2016

You’re going to need a bigger boat. Managing payroll is more complicated since the coronavirus pandemic hit earlier this year. Planning ahead now will save precious year-end time later.

July 2016: Employer’s business tax calendar

06/30/2016

Here’s your monthly guide to critical payroll due dates.

Know when you can dock exempt employees’ pay

06/27/2016

Under the Fair Labor Standards Act, exempt employees must be paid the same salary regardless of the quality or quantity of their work.

In the Payroll Mailbag …

06/23/2016

Late pay W-2c exception? Company liable for FICA withholding mistake?

DOL: Slow cash flow no excuse for missing payroll

06/22/2016

Joined, Inc., has agreed to issue $439,000 in back pay to 58 workers following a U.S. Department of Labor Wage and Hour Division investigation.