FinanceRegs.com » category » Tax compliance

FLSA violation costs $35M in back OT and damages


March 17, 2009 by Carol Katarsky
Posted in: Best practices, Communication, DOL, Hiring & training staff, In this week's e-newsletter, Latest news & views, OT regs, Tax compliance

Where to draw the line on who is or isn’t an exempt employee isn’t always clear. One company just got hit hard for making the wrong call.

Read the rest of this entry »

Tags: , , , , , ,

Automatic 401(k) enrollment: Final regs issued


March 13, 2009 by Carol Katarsky
Posted in: Best practices, Fringe benefits, Hiring & training staff, In this week's e-newsletter, IRS regs, Latest news & views, Tax compliance

New regs have been released for companies implementing automatic enrollment and contribution programs for their employees.

Read the rest of this entry »

Tags: , , , , , , ,

One ‘vendor’ that’s giving up on collection calls


March 12, 2009 by Carol Katarsky
Posted in: In this week's e-newsletter, IRS regs, Latest news & views, Tax compliance

IRS is eliminating its private debt collection program after three years. But that doesn’t mean those back taxes will go uncollected.

Read the rest of this entry »

Tags: , , , ,

One payment that’s never reportable


March 11, 2009 by Carol Katarsky
Posted in: 1099s, Hiring & training staff, In this week's e-newsletter, Latest news & views, Tax compliance

A recent private letter ruling clarifies one time when checks to workers aren’t reportable on W-2s or 1099s.

Read the rest of this entry »

Tags: , , , , , , , , ,

IRS looking for problems with 401(k) plan compliance


March 10, 2009 by Carol Katarsky
Posted in: Best practices, Fringe benefits, In this week's e-newsletter, Latest news & views, Tax compliance

Don’t say we didn’t warn you: IRS has a new compliance issue it’s investigating, and it may have questions for you.

Read the rest of this entry »

Tags: , , , , ,

Business ‘stay-cations’ pose risks for T&E


March 5, 2009 by Carol Katarsky
Posted in: Best practices, Communication, Hiring & training staff, In this week's e-newsletter, Latest news & views, T&E, Tax compliance

Some biz travelers are tacking extra days to the end of their business trips to get a little R&R for less. That can cause some serious snags in processing T&E.

Read the rest of this entry »

Tags: , , , , ,

IRS gets a friendlier face


March 4, 2009 by Carol Katarsky
Posted in: Communication, In this week's e-newsletter, Latest news & views, Tax compliance

Thinking about the tax man may not give you the warm-and-fuzzies, but IRS is making headway in creating a more helpful Web site.

Read the rest of this entry »

Tags: , , ,

Are you on the list for an employment tax audit?


March 3, 2009 by Carol Katarsky
Posted in: 1099s, Best practices, Communication, Hiring & training staff, In this week's e-newsletter, IRS regs, Latest news & views, Tax compliance

Want a sneak peek at whom IRS is auditing this year?

Read the rest of this entry »

Tags: , , , , , , , , , ,

COBRA credit: How to claim what you’re due


February 27, 2009 by Carol Katarsky
Posted in: April 15 2010, Best practices, Fringe benefits, Hiring & training staff, In this week's e-newsletter, IRS regs, Latest news & views, Tax compliance

IRS is moving quickly: Here are the details on how to claim the credit for COBRA premiums you’ll have to pay for recently laid-off workers.

Read the rest of this entry »

Tags: , , , , , , , ,

New withholding tables are here!


February 25, 2009 by Carol Katarsky
Posted in: Best practices, Communication, Hiring & training staff, In this week's e-newsletter, IRS regs, Latest news & views, Tax compliance

You’ll need to act fast. Your company must be using the new rates no later than

Read the rest of this entry »

Tags: , , , , , ,


advertisement

    Quick Vote

    • The economic stimulus package will:

      View Results

      Loading ... Loading ...

  • advertisement