Blog
NJ Governor Signs Law Reducing Employer Rates for 2011
New Jersey Governor Chris Christie recently signed into law S-1813, which reduces the unemployment tax rates that employers would have otherwise had to pay during the 2011 rate year (July 1, 2010...
Question of the Week: Where Do I Pay Unemployment Tax for Employees Who Work in More than One State?
This week’s question comes from Julia, a business-owner. We have employees who work in more than one state. I understand how to determine which state’s income tax to withhold, but I don’t know what...
Unemployment Insurance Weekly Claims Report Update for July 10, 2010
According to the US Department of Labor, in the week ending July 10, the advance figure for seasonally adjusted initial claims was 429,000, a decrease of 29,000 from the previous week’s revised...
Tip of the Week: IRS Releases Information Letter on Employer-provided Transportation Benefits
The Internal Revenue Service (IRS) recently released Information Letter 2010-0146, which answers “several questions about the tax consequences of certain employer-provided transportation benefits.”...
Maryland Restaurateur Pleads Guilty to Harboring Illegal Aliens
According to the office of Rod J. Rosenstein, US Attorney for the District of Maryland, George Anagnostou has pleaded guilty to harboring twenty-four illegal aliens who were employed at Timbuktu...
Court Rules That Individual and Single-Member LLC Are not Distinct Taxpayers
In Medical Practice Solutions, LLC, et al., v. Commissioner, TC Memo 2010-98, the Tax Court ruled that an individual and her single-member LLC are not distinct taxpayers and thus she is personally...
WV Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the severe storms, flooding, mudslides and landslides in West Virginia beginning June 12, 2010, President Barack Obama declared the following counties a federal disaster area: Lewis, Logan,...
Transition Relief for Employers That Do Not Pay at Least Fifty Percent of the Premium
The new health reform law gives a tax credit to certain small employers that provide health care coverage to their employees, effective with tax years beginning in 2010. Over the past several weeks,...
Question of the Week: Do I Need a Separate EIN for My Corporation?
This week’s question comes from Cliff, a sole proprietor. I am forming a corporation and will be converting from a sole proprietorship to a corporation. Do I need a separate EIN for my corporation?...
Unemployment Insurance Weekly Claims Report Update for July 3, 2010
According to the US Department of Labor, in the week ending July 3, the advance figure for seasonally adjusted initial claims was 454,000, a decrease of 21,000 from the previous week’s revised...
