ThomsonReuters

FEBRUARY 1, 2021

States like California, Hawaii and Nevada registered unemployment rates at or above 9% in December 2020 and throughout the pandemic many other states suffered record-high unemployment rates rendering the state’s unemployment trust fund insolvent. The FUTA tax rate is currently 6.0% However, employers generally receive a 5.4%

Hawaii 89

Hawaii Nevada California New Jersey 89

ThomsonReuters

APRIL 9, 2021

Credits were claimed through Form 941, the quarterly employment tax return. Alabama and Hawaii do not have a mini-COBRA law, but do require continuing coverage based on very specific circumstances. The post ARPA Close-up: COBRA Premium Subsidy appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Hawaii 98

Hawaii payroll tax South Dakota payroll 98

ThomsonReuters

JULY 7, 2021

For example, Form 941 , Employer’s Quarterly Federal Tax Return, is used by most employers (agricultural employers use Form 943 , small employers use annual Form 944 and Form 945 for annually reporting nonpayroll payments) each quarter to report employment taxes. Wage and tax statement filing due date changed.

payroll 59

payroll Tax income tax payroll tax 59

CPA Practice

OCTOBER 16, 2023

Taylor, Kiplinger Consumer News Service (TNS) Many Californians thought their taxes were due today (Oct. 16), but the IRS has further postponed tax deadlines for people in 58 counties impacted by natural disasters last winter. 16, 2023, to file their 2022 federal income tax returns and pay any tax due.

California 64

California Tax tax return income tax 64

CPA Practice

APRIL 10, 2023

States typically take one of five different approaches to taxing accommodations: A single, statewide tax on accommodations but no additional local taxes (e.g., Connecticut, Maine, New Hampshire) A combined state/local sales tax on accommodations and local jurisdictions can impose an additional local accommodations tax (e.g.,

Tax 85

Tax West Virginia Wisconsin Virginia 85

CPA Practice

JANUARY 12, 2024

But one of the one of the major things I think that needs to be said about it is that the major the major AI initiative that TR is chasing is the is incorporating sure preps document and information ingesting process on the front end of a tax return. That’s the CEO about the allocation of AI to tax and accounting.

Technology 40

Technology Account accountant accounted 40

ThomsonReuters

MARCH 8, 2021

Unemployment tax rate rollback. Hawaii Governor Ige signed legislation into law that will roll back the amount of unemployment tax employers in the state will pay in 2021. Unemployment tax rates were to be determined under greater Schedule H in 2021 (rates range from 2.4% State and Local News. to 6.6%).

payroll 52

payroll Connecticut Alabama Virginia 52

ThomsonReuters

FEBRUARY 12, 2021

The 2021 final version of Publication 15 is pretty similar to the draft version issued in December of 2020 and notes some items of importance like Certified Professional Employer Organizations (CPEOs) must e-file Forms 941 , Employer’s Quarterly Federal Tax Return , beginning in 2021 (except for the first quarter the CPEO was certified).

payroll 95

payroll income tax California Hawaii 95