May 17, 2013
Higher payroll taxes and federal sequestration spending cuts are keeping the Bay State stuck in a "soft patch" of economic growth that could last until the end of the year unless federal fiscal policy changes are put into immediate action, experts said yesterday, as new numbers show the state losing jobs.
May 16, 2013
With the many new employer tax laws and credits that have gone into effect over the past couple of years, there's little doubt that some small businesses are still unsure of many reporting requirements. For those considering the federal Work Opportunity Tax Credit (WOTC), there's now an easier way to stay in compliance.
April 9, 2013
Half of investors have not changed their savings or spending behavior despite a reduction in take-home pay due to payroll tax changes this year, according to the John Hancock Investor Sentiment Survey.
April 1, 2013
The federal government has cited Meadowlands Hospital Medical Center in Secaucus for failing to pay at least $4.4 million in taxes it withheld from employee paychecks -- a serious violation that can lead to civil and criminal charges.
March 29, 2013
Texas businessman faces tax evasion sentence of up to five years in prison and three years supervised released, plus up to a $100,000 fine and restitution.
March 20, 2013
Despite Growth, Survey Finds Concessions and Payroll Tax to be Economic 'Speed Bumps' for Retailers and Suppliers of Apparel Merchandise
March 18, 2013
California labor officials have fined a Southern California hospital chain, Pacific Health Corp., more than $7 million for not paying employee wages and bouncing payroll checks.
March 16, 2013
New Jersey is delaying income tax refunds to more than 13,000 filers by as long as three months as part of an effort by the state Treasury Department to reduce what it says is the growing problem of tax-refund identity fraud.
March 13, 2013
A checklist of steps that small business owners can take to help navigate changes stemming from the recently enacted American Taxpayer Relief Act (ATRA).
March 5, 2013
Many businesses rely on a payroll service provider to handle their tax withholdings, but they still need to make sure the Internal Revenue Service and state agencies get their due.
March 1, 2013
The Internal Revenue Service has expanded its Voluntary Classification Settlement Program (VCSP), paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their workers as employees for future tax periods.
February 26, 2013
Congressional action at the start of 2013 to avert the so-called "fiscal cliff" has raised questions and created some confusion for taxpayers, but it hasn't sent many of these folks over the edge.