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Gustav and IRS disaster relief: Are you affected?


September 4, 2008 by Carol Katarsky
Posted in: Best practices, Communication, IRS regs, Latest news & views, Tax compliance

If you qualify for disaster relief post-Hurricane Gustav, you have until Jan. 5, 2009 to file certain tax documents.

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IRS: Consider all tool reimbursement plans taxable


September 3, 2008 by Carol Katarsky
Posted in: Best practices, Fringe benefits, Hiring & training staff, Internal controls, Special report, T&E, Tax compliance

The latest in IRS’ war against tax-avoiding tool reimbursement plans means more work for you — and more money out of your company’s pocket. 

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Who’s looking for another hike in the mileage rate?


August 27, 2008 by Carol Katarsky
Posted in: Communication, Fringe benefits, Hiring & training staff, IRS regs, In this week's e-newsletter, Latest news & views, Tax compliance

The recent increase in the standard business mileage rate was a welcome change for most. But folks still clamoring for more could affect your company.

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Scary risk you run with outsourcing


August 26, 2008 by Carol Katarsky
Posted in: Best practices, Fraud prevention, IRS regs, In this week's e-newsletter, Internal controls, Latest news & views, Tax compliance

Outsourcing some of your payroll processing can be a huge time and money saver. Assuming it doesn’t leave you in legal hot water.

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Fluctuating workweek: When you can’t use it for OT


August 25, 2008 by Carol Katarsky
Posted in: Best practices, DOL, Hiring & training staff, In this week's e-newsletter, Internal controls, Latest news & views, OT regs, Tax compliance

Be careful: You can’t use the “fluctuating workweek” method to calculate overtime pay for certain employees.

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New instructions for tax-exempt filings


August 21, 2008 by Carol Katarsky
Posted in: In this week's e-newsletter, Latest news & views, Tax compliance

For the first time since 1979, IRS released new instructions for Form 990 filing for 2008 (for ‘09 filing).

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New e-filing requirement for some filers


August 20, 2008 by Carol Katarsky
Posted in: IRS regs, In this week's e-newsletter, Latest news & views, Tax compliance

Add one more to the list of tax forms you’ll be required to file electronically:

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Updated: Corrections to new per diem rates


August 19, 2008 by Carol Katarsky
Posted in: In this week's e-newsletter, Latest news & views, T&E, Tax compliance

Take note: IRS issued the following correction to the new per diem rates it recently released.

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IRS: Oops, those tax dollars belong to us…


August 18, 2008 by Carol Katarsky
Posted in: Best practices, Collections, In this week's e-newsletter, Latest news & views, Tax compliance

IRS recently admitted there are $58 billion in uncollected payroll taxes lurking in companies’ books.

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De minimis fringes: Is any limit really safe?


August 13, 2008 by Carol Katarsky
Posted in: Best practices, Communication, Fringe benefits, Special report, Tax compliance

If a non-cash gift or employee perk has a value of $25 or less, it’s definitely considered a de minimis fringe, right? Wrong.

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