Payroll
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Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
Home Sales Decline in March
Sales of previously-owned homes in the U.S. fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices.
36% of Amercians Expect Debt when Planning Vacations
Of those who plan to travel this summer, more than 1 in 3 are willing to go into debt to pay for it, according to Bankrate.
2.6% Social Security COLA Estimated for 2025
If that estimate from The Senior Citizens League holds, the 2025 COLA number would be lower than the two previous years.
Here’s the Salary a Person Needs to Actually Take Home $100,000 in Every State
The analysis accounts for federal income taxes and withholdings for Social Security and benefits, as well as state and local taxes.
Payroll Tax News Updates: April 2024
Under the trust fund recovery penalty (TFRP), a “responsible person” may be held personally liable for the full amount of an employer’s unpaid employment taxes.
What the DOL’s Proposed Overtime Rule Means For Small Businesses
The White House just approved a Labor Department proposal to raise the minimum salary exemption to $55,068 per year.
When Rogue Brokers Switch People’s ACA Policies, Tax Surprises Can Follow
Some tax returns are being rejected because filers failed to provide information about ACA coverage they didn't know they had.
IRS Extends RMD Tax Relief for Inherited IRAs
This relief was provided to certain RMDs in 2021, 2022, and 2023, and is being extended in Notice 2024-35 to 2024.