IRS News Regarding Employer Reversion and Spinoff/Termination
What happens when a qualified retirement plan terminates with surplus funds? Employer reversion. And the IRS has specific rules governing this process.
Calling All Employers: A Quick Refresher on Employment Taxes
What are the requirements for employers regarding federal employment taxes? It’s not a bad idea to occasionally review the basics of employment taxes.
Assessing the ERISA Impact on a Telehealth Benefit
Many employers formally offer telehealth as an employee benefit. Is such a benefit subject to the Employee Retirement Income Security Act (ERISA)?
Should There Be New Tax Rules for Telecommuters?
Employers and employees enjoy being telecommuters - even post-pandemic. Should the IRS update the tax rules re: the deductibility of travel expenses?
Don't Ignore Household Employee Payroll Tax Rules
Have you hired a domestic worker in or around your home? If the worker is your household employee, you have tax obligations to filfill (and W-2s to issue!).
Reel in Job Candidates with a Relocation Package
Competition among employers for many types of employees remains fierce. You may have to offer a financial incentive like a relocation package.
Recent National Research Study Indicates Support for Same-Day Pay
"Same-day pay” is becoming a popular payroll benefit offered by employers. Results of a recent study indicate that many employees would enjoy the option.