Blog
IRS to Present Webinar on Reporting of Employer Healthcare Coverage on Form W-2
Today at 2 pm, EDT, the Internal Revenue Service (IRS) will present a webinar titled, Reporting of Employer Healthcare Coverage on Form W-2 Several Topics to Be Covered in Form W-2 Webinar The...
IRS Releases 2011 Form 944
The Internal Revenue Service (IRS) has released the 2011 Form 944, Employer’s ANNUAL Federal Tax Return, and related instructions. Form 944 is designed so the smallest employers (those whose annual...
IRS Announces Increase in Qualified Transportation Benefits Exclusion for Qualified Parking
In IR-2011-104 and Revenue Procedure 2011-52, the Internal Revenue Service (IRS) announced that the monthly limit on the value of qualified transportation benefits exclusion for qualified parking...
Question of the Week: Do We Have to Report Health Insurance on Our W-2s?
This week’s question comes from Maria, an HR director. Maria asks: I keep hearing from our employees that we have to report the cost of health insurance on the Forms W-2 this year and that the...
Unemployment Insurance Weekly Claims Report Update for October 22, 2011
According to the US Department of Labor, in the week ending October 22, the advance figure for seasonally adjusted initial claims was 402,000, a decrease of 2,000 from the previous week’s revised...
Tip of the Week: Preparing for Workplace Disaster Emergencies
Depending on where your business operates, you may be faced with familiar seasonal weather dangers or be challenged on the spot with an unexpected force, or forces, of nature. Every Management Team...
September 2011 Disability Employment Statistics Released
According to statistics released by the US Bureau of Labor Statistics (BLS), in September 2011, the percentage of people with disabilities in the labor force was 21.1, up from 21.0 in August. By...
Veterans Day Holiday May Require Change in Processing Schedule
Friday, November 11, 2011 will be Veterans Day, a federal holiday. Although the offices of Vision Payroll will be open and payrolls will be processed, most banks will be closed in observance of the...
IRS Announces Adjustments to SIMPLE Plan Limits for 2012
In IR-2011-103, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the limits on SIMPLE plan contributions for 2012. The limitation for SIMPLE plans is codified in...
IRS Announces 2012 Retirement Plan Contribution and Compensation Limitations
In IR-2011-103, the Internal Revenue Service (IRS) announced that for 2012 the compensation limitation will increase from $245,000 to $250,000 under §401(a)(17), §404(l), §408(k)(3)(C), and...
