Blog
Tip of the Week: First Quarter Interest Rates Remain Unchanged
In IR-2009-107, the Internal Revenue Service (IRS) announced that interest rates for the first quarter of 2010 would remain unchanged from the fourth quarter. The rates are as follows: Four (4)...
IRS Changes Nonresident Alien Withholding Procedures in Notice 2009-91
In Notice 2009-91, Withholding on Wages of Nonresident Alien Employees Performing Services Within the United States, the Internal Revenue Service (IRS) modified the procedures for calculating the...
IRS Announces Pilot Program to Truncate Social Security Numbers on 1098 and 1099 Forms in Notice 2009-93
In Notice 2009-93, the Internal Revenue Service (IRS) has announced the creation of a pilot program to allow certain filers of Form 1098, Forms 1099, and Form 5498 to truncate an individual’s...
Indiana Unemployment Wage Base to Increase to $9,500
The Indiana Department of Workforce Development has announced an increase in the taxable wage base for 2010. The wage base will increase from $7,000 for 2009 to $9,500 for 2010. Contact Vision...
Nevada Unemployment Wage Base to Increase to $27,000
The Employment Security Division of the Nevada Department of Employment, Training and Rehabilitation has announced an increase in the taxable wage base for 2010. The wage base will increase from...
Question of the Week: What is the Holiday Schedule for 2010?
This week’s question is from Mariana, an HR Manager. We are reviewing our payroll processing schedule for 2010. What is the holiday schedule for 2010? Answer: There are two types of holidays: those...
Unemployment Insurance Weekly Claims Report Update for November 14, 2009
According to the US Department of Labor, in the week ending November 14, the advance figure for seasonally adjusted initial claims was 505,000, unchanged from the previous week’s revised figure of...
Tip of the Week: Improve the Termination Process with Our Quick Guide
Employee departures can drain time, energy, resources and morale if not done well. These resources will help you make sure that when you need to let employees go, the process is as smooth and...
New Hampshire Unemployment Wage Base to Increase to $10,000
The New Hampshire Department of Employment Security has announced an increase in the taxable wage base for 2010. The wage base will increase from $8,000 for 2009 to $10,000 for 2010. The taxable...
Minnesota Unemployment Wage Base to Increase to $27,000
On or before June 30 of each year the Commissioner of the Minnesota Department of Employment and Economic Development must calculate an amount equal to sixty percent of Minnesota's average annual...
