PAYROLL TAX DEFERRAL – PRESIDENTIAL ORDER
Presidential memorandum issued allows an employer to defer its employee withholding, deposit and payment of the employee portion of social... View Article
October 28, 2020 2:49 pmCategories for Uncategorized
AMERICANS TO RECEIVE IRS TAX REFUND INTEREST
In third quarter 2020, the Treasury Department and the Internal Revenue Service sent interest payments to about 13.9 million individual... View Article
October 28, 2020 2:48 pmDEALING WITH IRS DURING COVID-19 SHUTDOWN
The majority of taxpayers send checks to IRS via a collection and processing service lockbox that is administered by financial... View Article
October 28, 2020 2:46 pmCARES ACT AND YOUR RETIREMENT PLAN
June 19, 2020, the Internal Revenue Service released Notice 2020-50 expanding the categories of individuals eligible for distributions permitted under... View Article
October 28, 2020 2:43 pm2021 Wage Cap Rises Modestly for Social Security Payroll Taxes
The taxable wage cap is subject to an automatic cost-of-living adjustment (COLA) each year based on increases in the national... View Article
October 28, 2020 2:32 pm2020 HSA & HDHP Contribution Limits
October 28, 2020 2:26 pmMID-YEAR PAYCHECK REVIEW
Everyone should check their withholding by doing a Paycheck Checkup ASAP, even if they did one in the prior year.... View Article
October 28, 2020 2:22 pm2020 Retirement Plan Limits
October 28, 2020 2:16 pm2019-2020 IRA Contribution Limits
October 28, 2020 2:10 pmOHIO COVID-19 RELIEF FOR SMALL BUSINESSES & INDIVIDUALS
With a year-end deadline looming to spend Coronavirus Aid, Relief and Economic Security (CARES) Act funding provided by the Department... View Article
October 27, 2020 11:39 am
