Due to a recent announcement by the IRS, you now have more time to prepare your 2017 ACA filings. On 12/22/17 the IRS released notice 2018-06 extending the 2017 tax year ACA filing deadline for distribution of form 1095 to employees from 1/31/18 to 3/02/18. The 30-day extension is automatic, so you do not have […]

Make sure your categorize your employees and independent contractors correctly.  The consequences can be disastrous. (Forbes) With Uber, Lyft, and many other companies that provide many different services and products, the norm these days seems to be independent contractors. The companies avoid the huge taxes, expenses, and liabilities of having employees. The workers get the […]

Scammers renew scheme targeting employers, payroll and HR professionals A dangerous email scam currently is circulating nationwide and targeting employers, including tax exempt entities, universities and schools, government and private-sector businesses. The scammer poses as an internal executive requesting employee Forms W-2 and Social Security Number information from company payroll or human resources departments. They […]

By Jan. 22, 2017, employers must use only the new version, dated 11/14/2016. Until then, they can continue to use the version dated 03/08/2013 or the new version. Among the changes in the new version, Section 1 asks for “other last names used” rather than “other names used,” and streamlines certification for certain foreign nationals. […]

WEST DEPTFORD, NJ (CBS) — New Jersey has reinstated an almost four decade accord with Pennsylvania that allows residents who work in one state and live in the other to file their state income taxes only in their home state. South Jersey Democratic legislative leaders gathered at the Riverwinds complex to celebrate the deal reached […]

By Daniel Wiessner and Robert Iafolla A federal judge on Tuesday blocked an Obama administration rule to extend mandatory overtime pay to more than 4 million salaried workers from taking effect, imperiling one of the outgoing president’s signature achievements for boosting wages. U.S. District Judge Amos Mazzant, in Sherman, Texas, agreed with 21 states and […]

The IRS has just published notice 2016-70 , announcing a delay in the deadlines to file the Affordable Care Act (ACA) forms 1094 and 1095 for the 2016 filing year.  Similar to last year, the IRS is making an accommodation to allow employers additional time to prepare their forms. When are the forms due? Form Delivered […]