Tag: IRS

2261
Posted in Benefits

IRS Announces 2020 Health Savings Account Limits

The Internal Revenue Service (IRS) announced the annual limits for Health Savings Accounts (HSAs) for 2020. HSAs are pre-tax accounts available to individuals covered under…

4034
Posted in General

Direct Deposit Scam Targets Payroll, HR

Payroll and HR departments are now popular targets for criminals. They could inadvertently give criminals access to an employee’s paycheck without the employee knowing and…

1567
Posted in General

IRS Releases Common 2019 Tax Scams to Be Aware Of

To help businesses and taxpayers prepare for the federal tax filing deadline next month, the U.S. Internal Revenue Service (IRS) is releasing information on 12…

1984
Posted in Reporting Requirements

IRS Extends Deadline for Certain ACA Reporting Forms

The Internal Revenue Service (IRS) recently announced that it is extending the due date for certain 2018 Affordable Care Act (ACA) reporting forms to be provided to…

1849
Posted in Benefits

IRS Reminds Eligible Employees to Plan Now for Health FSAs in 2019

The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible…

1937
Posted in FMLA/CFRA Paid Family Leave

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…

1563
Posted in Compensation

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…

1973
Posted in Health Care Reform

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…

2251
Posted in Reporting Requirements

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…

2071
Posted in Benefits

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…