Posts Tagged ‘IRS’

Updated Guidance on Paid Family Leave Tax Credit Issued by IRS

An updated guidance on a tax credit for employers who provide paid family and medical leave to their employees has been issued by the IRS (Notice 2018-71). The tax credit applies regardless of whether an employer has fewer than 50 employees and therefore is not covered by the federal Family and Medical Leave Act (FMLA) […]

28 Sep 18 - FMLA/CFRA, Paid Family Leave - Ellen Savage, J.D. - No CommentsRead More »

Avoid Tax Surprises: IRS Promotes #PaycheckCheckup

The Internal Revenue Service (IRS) has launched a #PaycheckCheckup campaign to remind taxpayers to check their federal income tax withholding now to avoid an unexpected tax bill or penalty at tax time. Employers can help by sharing this information with employees and directing employees to resources available on Tax Witholding and Tax Reform on the […]

20 Aug 18 - Compensation - Gail Cecchettini Whaley - No CommentsRead More »

IRS Extends Employer Deadline for ACA Reporting Forms

The Internal Revenue Service (IRS) recently announced that it is extending the due date for certain 2017 Affordable Care Act (ACA) reporting forms to be provided to employees. The deadline for employers to provide Form 1095-B, Health Coverage or Form 1095-C, Employer-Provided Health Insurance Offer and Coverage to employees is March 2, 2018, (extended from […]

27 Dec 17 - Health Care Reform - Gail Cecchettini Whaley - No CommentsRead More »

Remember: W-2s Due January 31 to IRS

The Internal Revenue Service (IRS) reminds employers and other businesses of the January 31 filing deadline that now applies to filing Form W-2 wage statements and independent contractor forms. Under the Protecting Americans from Tax Hikes Act, employers are now required to file their copies of Form W-2 and Form W-3 with the Social Security […]

27 Nov 17 - Reporting Requirements - Gail Cecchettini Whaley - No CommentsRead More »

IRS Announces 2018 Health Savings Account Limits

Health Savings Accounts (HSAs) are pre-tax accounts available to individuals covered under a high-deductible health plan. Eligible individuals can accumulate money, tax-free, in HSAs to pay for qualified medical expenses in the face of rising health insurance costs. The IRS announced the annual limits for HSA contributions for 2018. These limits are indexed for inflation and released […]

11 May 17 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »