Accuchex Blog

Tax Cuts and Jobs Act - Two Small Business Highlights

Posted by Leslie Ruhland on Jun 6, 2018 3:39:28 PM

Major tax changes were approved by Congress in the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. Along with large corporations and individual taxpayers, small businesses will be impacted.

What is probably one of the most discussed and misunderstood aspects of the Act is the 20 percent deduction on qualified business income. While there a large number of items and changes in the TCJA, this particular deduction has caused both anticipation and consternation because of the language in the law.

Read More

Topics: tax reporting, tax forms, income tax reporting, IRS, small business

HR Management Alert: IRS Updates For Tax Year 2017

Posted by Leslie Ruhland on Dec 7, 2017 8:50:00 AM

Each year the IRS makes changes, updates forms, and issues new instructions. Tax filing year 2017 is no different for HR management personnel.

It would take a much longer post than this to cover all of the IRS changes and updates for the tax year, which is why payroll tax filing compliance requires a large degree of due diligence for businesses. However, some changes and new items warrant special note.

Read More

Topics: IRS, tax forms, payroll tax filing, tax reporting, HR compliance

HR Management And Payroll Challenges in 2017

Posted by Leslie Ruhland on Jun 1, 2017 8:45:29 PM

Professionals in the HR management and payroll industry have always had challenges. This year is no different and the challenges grow as we approach the end of Q2.

Earlier this year, a survey by Bloomberg BNA and the American Payroll Association was conducted involving over 1,200 participants.

Read More

Topics: hr management trends, payroll management, wage and hour compliance, tax reporting, outsourcing payroll management

Income Tax Reporting And A Mobile Workforce

Posted by Leslie Ruhland on May 2, 2017 9:03:00 AM

Today's workforce is becoming increasingly mobile. Working remotely can often mean working from other states, as well. While mobility can benefit employers, income tax reporting is a burden.

 

Read More

Topics: tax reporting, income tax reporting, payroll tax filing, payroll compliance, labor law compliance

Subscribe to the Accuchex Blog