Hot on the Hill: Proposed Legislation as of August 3, 2023
Ingrid Chawla Several pieces of proposed legislation introduced in the 118th Congress’ first session could significantly alter the American payroll …
Recent IRS Webinar Highlights ERC Key Compliance Issues and Signs of ERC Fraud
Debbie Tam On July 25, the IRS presented a webinar on the Employee Retention Credit (ERC) to provide information regarding …
Trendspotting: State-Run Retirement Programs
Debbie Tam In 2023, three states (Nevada, Minnesota, and Vermont) passed legislation to implement a state-run retirement program. The tally currently stands …
IRS Anticipates E-Filing for Amended Employment Tax Returns in 2024
Debbie Tam The IRS has provided an anticipated timeline for providing an electronic filing option for amended employment tax returns …
Summer Employment May Come With Tax Credits
This summer, certain employers may benefit from federal tax credits for employing qualified summer youth employees. The Work Opportunity Tax Credit (WOTC) …
ETAAC’s Annual Report to Congress Recommends IRS Prioritize E-Filing Employment Tax Returns and Enhance Duplicate Processing
As the IRS continues to chip away at its notable backlog of unprocessed employment tax returns and amended returns, the …
NLRB Reverses Position on Worker Misclassification Standards
Debbie Tam The National Labor Relations Board (NLRB) has issued a decision that reinstates its prior position requiring a 10-factor approach to determine …
DOL Indicates Final Independent Contractor Rule Coming No Later than October
Deborah Tam The U.S. Court of Appeals for the Fifth Circuit recently granted a 120-day delay on further proceedings related to an …
IRS Issues Draft 940 and 940 Schedule A Forms
The revised drafts of Form 940 (Employer’s Annual Federal Unemployment (FUTA) Tax Return) and Form 940 Schedule A (Multi-State Employer and Credit …
DOL Guidance Clarifies Holidays Do Not Necessarily Count Towards FMLA Leave Entitlement Calculation
The U.S. Department of Labor (DOL) has released Opinion Letter FMLA2023-2-A that affirms the DOL’s position that holidays for which an employee would …