W-4s vs. 1099s. Employee vs. contractor. Do you know what your workers are actually supposed to be classified as? There are so many terms that get thrown around but, in the end, your organization is on the line to know what term and what form...
On January 10, 2024, the U.S. Department of Labor published a final rule, effective March 11, 2024, revising the Department’s guidance on how to analyze who is an employee or independent contractor under the Fair Labor Standards Act (FLSA). This final rule rescinds the Independent...
It’s important for taxpayers to have all their documents and information so they can file an accurate and complete tax return. This may mean waiting to file until they receive all their documentation – and it can also mean following up on missing or incorrect...
The IRS reviewed its collection activities to see how it could provide relief for taxpayers who owe taxes but are struggling financially because of the pandemic. The agency is expanding taxpayer options for making payments and other ways to resolve tax debt. Taxpayers who owe taxes...
In Notice 2020-54, the IRS explains how employers must report qualified leave given under the Families First Coronavirus Response Act (FFCRA). For FFCRA reporting purposes, qualified leave refers to emergency sick leave and expanded family leave paid to employees between April 1, 2020, and Dec. 31,...