According to the IRS’ website, the Taxpayer First Act of 2019 “aims to broadly redesign” the IRS by expanding and strengthening taxpayer rights and making the agency more taxpayer friendly. The legislation focuses on improving … Read More
Commuter benefits are fringe benefits that allow employees to set aside pretax money to pay for work-related transportation costs. Generally, for employees to use the benefit, their employer must set up a commuter, or transportation, benefits plan that meets the requirements of Section 132(f) of the Internal Revenue Code.
In 2018, the Department of Labor issued an opinion letter in response to a query regarding whether certain lump-sum payments are considered earnings under Title III of the Consumer Credit Protection Act, which limits the … Read More
In case you haven’t heard, there’s a game-changer in the works, and it will likely go into effect—meaning you’ll start to feel it—this year. We trust that you are already on alert, but just in … Read More
The American Payroll Association’s (APA) 32nd Annual Congress included a virtual workshop called “Multi-State Taxation.” The workshop was conducted by Steve Hodgson, CPP, APA Director of Payroll Training. The webinar included discussion on where an … Read More