Blog
Unemployment Insurance Weekly Claims Report Update for June 12, 2010
According to the US Department of Labor, in the week ending June 12, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 12,000 from the previous week’s revised...
Tip of the Week: IRS Releases Updated Form 8846
The Internal Revenue Service (IRS) recently released an information sheet attached to 2009 Form 8846, Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips. The note...
Claiming the Small Business Health Care Tax Credit Without Taxable Income
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 next several weeks,...
IRS Explains How to Correct Overwithholding Errors
In a response to Representative Jeff Miller (R-FL), the Internal Revenue Service (IRS), in Information Letter 2010-0010, outlines the process to use after the close of the payroll tax year to...
CT Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the severe storms and flooding in Connecticut on March 12, 2010, President Barack Obama declared the following counties a federal disaster area: Fairfield, Middlesex, New Haven, New London...
IRS Outlines How to Determine If Worker Is an Employee
In a response to Senator Dianne Feinstein (D-CA), the Internal Revenue Service (IRS), in Information Letter 2010-0001, explains how to determine if a worker is an employee for federal income tax...
Question of the Week: What is the Deadline for Obtaining Form W-11?
This week’s question comes from Paul, a business owner. I have an ex-employee who qualifies for payroll tax forgiveness under the HIRE Act. We haven’t been able to get the signed Form W-11 yet. What...
Unemployment Insurance Weekly Claims Report Update for June 5, 2010
According to the US Department of Labor, in the week ending June 5, the advance figure for seasonally adjusted initial claims was 456,000, a decrease of 3,000 from the previous week’s revised figure...
Tip of the Week: New IRS Guidance on the New Health Care Tax Credit
As one of the health care reform provisions of the Patient Protection and Affordable Care Act (PPACA), a tax credit is available to help offset the employer health care cost of offering employee...
Trash Disposal Company to Pay Additional $1.3 Million in Back Wages and Overtime
Allied Waste Services of Massachusetts, LLC (Allied Waste) agreed to pay $1,327,567 in additional restitution discovered during an audit required by a previous settlement with the Commonwealth of...
