Blog
Tip of the Week: Notice 2011-28 Limits Which Employers Must Report Health Insurance
As previously reported, the Internal Revenue Service (IRS) has released Notice 2011-28, Interim Guidance on Informational Reporting to Employees of the Cost of Their Group Health Insurance Coverage....
OK Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, and straight-line winds in Oklahoma on April 14, 2011, President Barack Obama declared the following county a federal disaster area: Atoka....
NC Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the damage caused by the severe storms, tornadoes, and flooding in North Carolina on April 16, 2011, President Barack Obama declared the following counties a federal disaster area: Alamance,...
New Mexico Governor Martinez Vetoes Higher Unemployment Tax Rates
On April 8, 2011, Governor Susana Martinez vetoed portions of HB 59. The portion vetoed would have changed the contribution schedule from a floating schedule for 2012 to Schedule 3. Schedule 3 Seen...
Question of the Week: Have the Expanded Form 1099 Reporting Requirements Been Repealed?
This week’s question comes from Lindsay, an office manager. I read before that businesses were going to have expanded Form 1099-MISC reporting requirements starting in 2012. Now I’ve heard that...
Unemployment Insurance Weekly Claims Report Update for April 9, 2011
According to the US Department of Labor, in the week ending April 9, the advance figure for seasonally adjusted initial claims was 412,000, an increase of 27,000 from the previous week’s revised...
Tip of the Week: Ensure That OSHA Form 300A Is Properly Posted
The Occupational Safety & Health Administration (OSHA) requires that employers post Form 300A, Summary of Work Related Injuries and Illnesses be posted by all establishments covered by Part...
New Mexico Adopts Amendments To UIFSA Statutory Framework
New Mexico Governor Susana Martinez recently signed SB 284, which amends the existing the Uniform Interstate Family Support Act (UIFSA) statutory framework as required by the ratification of the...
California Now Conforms To Federal Treatment on Income Taxes on Health Insurance for Certain Adult Children
California Assembly Bill (AB) 36 was signed by Governor Jerry Brown on April 7, 2011. This bill brings California into conformity with the Federal government regarding the Health Care Acts of 2010...
Arkansas Advance Interest Tax Took Effect April 1, 2011
The Arkansas Advance Interest Tax took effect April 1, 2011. The purpose of the tax is to pay interest on Title XII advances received from the federal government to pay regular unemployment...