IRS Issues 2016 Employer’s Tax Guide

Just in time for the New Year, the IRS issued the 2016 version of the Employer’s Tax Guide (Circular E). The social security tax rate remains...

‘Tis the Season for Taxable Gift Giving

With the holiday season right around the corner, many employers begin looking at special ways to reward their employees for a job well done. These...

How Should I Handle the Extra Payday in 2015?

A calendar anomaly will create an extra payday for some companies in 2015. Many companies’ first payday of 2016 will fall on Friday, January 1,...

Payroll Tax Cut Extended to the End of 2012

The Internal Revenue Service released revised Form 941 on Feb. 23 enabling employers to properly report the newly-extended payroll tax cut.   Under the Middle Class Tax Relief...