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Memorial Day FTD Penalty Error

Many taxpayers who made their next-day employment tax deposits on Tuesday, May 31, or semi-weekly employment tax deposits on Thursday, June 2, 2016, were incorrectly sent notices that their deposits were late. Due to a programming error, IRS systems did not recognize changes in deposit due dates created by the Memorial Day holiday observed on [...]

October 7th, 2016|Uncategorized|

Improperly classified workers, now quarterly reports due to the DOL

EMPLOYER'S PAYROLL SYSTEM MUST BE OVERHAULED, TOO The Dept. of Labor (DOL) usually settles violations by issuing fines and telling companies to fix problems. But occasionally it goes further. And instead of following up with the employer directly, it gets others to keep DOL officials in the loop. That recently happened with a Massachusetts-based construction [...]

October 7th, 2016|Uncategorized|