ThomsonReuters

FEBRUARY 28, 2022

Highlight: The IRS Form 941 is one of the most important payroll-related tax returns used by businesses to report employment taxes, including federal income tax withholding, Social Security tax, Medicare tax, and Additional Medicare tax. The plan consolidated the two tax collections and used a new form to do so.

income tax 98

income tax tax return payroll Tax 98

ThomsonReuters

MARCH 15, 2021

March 15 may be another day to beware of regarding non-qualified deferred compensation plans under Internal Revenue Code (IRC) §409A. A new COVID-19 relief bill was just signed into law and Spring is just around the corner. American Rescue Plan Act (ARPA) gets signed into law. Federal News. 2021 Form 941.

payroll 98

payroll Connecticut Massachusetts income tax 98

ThomsonReuters

JUNE 14, 2021

During the coronavirus (COVID-19) pandemic, many employees began working remotely. and Swiss governments agree on types of retirement plans exempt from withholding on dividends. and Swiss pension and retirement arrangements, including individual retirement savings plans, that, under the U.S.-Switzerland

payroll 98

payroll Missouri Virginia Delaware 98

ThomsonReuters

JUNE 28, 2021

President Biden’s American Rescue Plan Act (ARPA) initially included a provision to increase the national minimum wage rate to $15.00 The Thomson Reuters Checkpoint payroll product includes charts that list all state and local minimum wage rate changes that can offer additional assistance. per hour incrementally by 2025.

payroll 52

payroll income tax California North Dakota 52

ThomsonReuters

JUNE 21, 2021

In an attempt to provide relief to struggling employers during the coronavirus (COVID-19) pandemic, the Coronavirus Aid, Relief and Economic Security (CARES) Act included a provision that allowed employers to defer the payment of the employer’s share of Social Security tax from March 27, 2020 through December 31, 2020.

payroll 52

payroll Tax Missouri Massachusetts 52

ThomsonReuters

MARCH 8, 2021

The word “challenge” has been used all too frequently since the COVID-19 pandemic began early last year – and with good reason. Back on February 22, 2021, the United States reached a grim milestone of 500,000 deaths due to COVID-19. trillion COVID-19 relief bill. She was also honored with a postage stamp that year.

payroll 52

payroll Connecticut Alabama Virginia 52

ThomsonReuters

JULY 26, 2022

per hour effective July 24, 2009 (see Payroll Guide ¶18,200 ). Special provisions apply to workers in American Samoa and the Commonwealth of the Northern Mariana Islands. See Payroll Guide ¶19,010 for a list of the current state minimum wage rates and further wage and hour information. Interested in payroll topics?

North Dakota 98

North Dakota South Carolina North Carolina Michigan 98

ThomsonReuters

MARCH 1, 2021

This makes a business’s payroll department very important since it is typically an employer’s greatest expense. And arguably the most important (and challenging) time to be a payroll professional, is during the period known as “year-end.” This can make March an interesting month for payroll professionals. Federal News.

payroll 98

payroll Tax Virginia Texas 98