The Internal Revenue Service recently suggested taxpayers who filed or are about to file their 2022 tax return use the IRS Tax Withholding Estimator to help update the amount of tax to have taken out of their 2023 pay. The IRS says now is a good time to use this...
Taxes
ACA Penalties Going Up in 2023
Ensuring your business remains in compliance with federal laws and regulations is more important now than ever before. Especially since the IRS increased ACA (Affordable Care Act) penalties for non-compliance with the Employer Mandate. Also, the extension to the...
The Skinny on Fringe Benefits and Taxes
Do you offer a variety of fringe benefits to your employees? According to the IRS, these may include cars and flights on aircraft that the employer provides, free or discounted commercial flights, vacations, discounts on property or services, memberships in country...