At the end of December, the IRS announced standard mileage rates for 2025. Below are the deductions, if you are using an automobile for approved
Form 300A Workplace Posting Begins February 1 Covered employers that had 11 or more employees in the entire company at any point in 2024
The past year was a big one in the compensation realm. It included increased pay transparency, stalemates on gender pay equity, and slowing pay increases due
Each year, businesses give a W-2 form to each employee. The W-2 shows all taxable wages paid to the individual during the calendar year. The
Your max contributions to 401(k) plans for 2025 increase to $23,500, up from $23,000 for 2024, according to the IRS. The tax agency also issued
Donald Trump has taken office and everyone is wondering what this means for taxes. That’s a big question! Tax policies and initiatives that are currently
There are many tax uncertainties to consider as we face the end of 2024. Chief among them is whether proposals from the presidential candidates will
The end of the year brings company parties, holiday parties, and family parties. For those of us in payroll, there’s also third-party sick pay. Put
Business meals: yes or no on deductions? In brief, you cannot take a deduction for any expense related to activities generally considered entertainment, amusement or recreation. However,
