December 2023: In this issue, John shares his take on year-end payroll considerations, providing valuable insights to help you navigate the complexities of payroll processing. You'll also find information on changes to electronic filing requirements, a moratorium on Employee Retention Credit processing, reductions in federal unemployment tax credits, and IRS interest rates for Q1 2024. These updates are crucial for ensuring that your payroll processing is compliant with the latest regulations. If you operate in Alaska, Arkansas, California, Montana, or other states, you'll find state updates that may be relevant to you.
November 2023: Are you ready for year-end? Stay informed with the November issue of Payroll Insights. Learn about the KPMG and Bloomberg Tax and Accounting Year-end checklist and report to help with your 2023 year-end tax planning. Plus, read about the IRS's new ERC withdrawal process, the Department of Labor's overtime proposal, the social security wage base increase, and state employment tax news from around the country. Don't miss out on this essential resource.
October 2023: Download the October issue of Payroll Insights. Learn about the IRS's increased scrutiny on Employee Retention Credit (ERC) claims and the moratorium on processing new ERC claims until the end of the year to prevent further abuse. The IRS is also developing a special withdrawal option and a voluntary repayments settlement program for businesses. Additionally, several states have announced changes to their minimum wage rates and payroll taxes. Download now to stay informed and don't miss out on the latest state updates from Alaska, California, Colorado, Iowa, Minnesota, Missouri, New Jersey, and more. Plus, learn about the payroll-related bills introduced by the 118th US Congress, including the Family and Medical Insurance Leave Act and the Medicare and Social Security Fair Share Act.
September 2023: Download the September edition to learn about New Jersey’s Convenience Employer rule and see an example application. Stay up-to-date with federal updates, including the Employee Retention Credit and the IRS’s release of a generic legal advice memorandum, and more state employment tax news.
August 2023: Download the August edition to learn about the power of VDA programs, learn about the latest on New Jersey's Bill 4694 "convenience of the employer" doctrine, federal updates including a push from app-based companies for workplace benefits, the new initiative from KPMG for AI investments, and more state employment tax news.
July 2023: Download the July edition to learn about the power of VDA programs, learn about the IRS' alert cautioning businesses on employment retention credit fraudulent claims, and an update on the health savings account inflation adjustments, and more federal and state employment tax news.
June 2023: Read John's insights on the tax home challenges for flexible work, news and guidance from the IRS on early wage access, the effect of IRS funding on information reporting, and more federal, state, and local updates.
May 2023: Looking for tips and tricks to learning payroll? The May issue of Payroll Insights gives you some resourceful tools to look into, plus the latest in federal and state employment tax news, and more. Read now.
April 2023: In the April issue of Payroll Insights, Employment Tax Partner John Montgomery discusses third-party tax schemes related to the Employee Retention Credit, the IRS's transition to the new Digital Intake multi-form, and more federal and state employment tax news. Read now.
March 2023: The March issue of Payroll Insights brings you employment tax topics including the latest update on the new SEC rule and the shortened settlement cycle, the latest changes from the IRS, and state updates from California, Massachusetts, and more.
February 2023: Read the February edition of Payroll Insights for the latest on tax wage limits and rates, IRS form updates, and state employment tax news.
January 2023: Download the January issue for news and updates including what's ahead from the IRS this year, IRS's tax calendar for 2023, compliance news, and state updates.