IRS Issues Temp Regs on Erroneous Refund of COVID-19 Credits
The IRS has issued temporary regs for reconciling advance payments of refundable employment tax credits provided under the Families First …
Determine Your Eligibility for the Employee Retention Credit
You can use this new tool to help determine if you qualify for the Employee Retention Credit. The coronavirus …
Tax Aspects on CARES Act Payroll Support for Air Carriers and Contractors
The IRS has answered some frequently asked questions on tax aspects of the payroll support program for air carriers and …
AICPA-Led Coalition Expands Support for Small Business Funding
More than a dozen new members have joined an American Institute of CPAs-led group advocating the use of payroll processors …
2020 Form W-4 to Be Released in November
During an October 3 IRS payroll industry telephone conference call, the IRS announced that it will issue the final version …
Employers Should Continue Using the Current Version of Form I-9
The U.S. Citizenship and Immigration Services (USCIS) has advised employers to continue using the current version of Form I-9 (Employment …
Draft of new federal income tax withholding methods publication
Publication 15-T draft The IRS has issued a draft version of new Publication 15-T (Federal Income Tax Withholding Methods) for …
IRS Issues 2018 Version of Employer’s Tax Guide (Circular E)
IRS has released the 2018 version of Publication 15, (Circular E), Employer’s Tax Guide, updated to reflect a number of …
2016 research credit form, instructions implement new AMT offset, payroll credit rules
IRS has issued final versions of Form 6765, Credit for Increasing Research Activities, and the instructions for that form. The …