Payroll/Taxes

IRS Chief: We’re facing enormous challenges this tax filing season

Charles P. Rettig February 15, 2022, 10:21 AM As the IRS begins this tax season, it continues to face enormous challenges. Our dedicated workforce has done everything it can to prepare for filing day on April 18. Our immediate focus is simplifying the taxpayer’s filing experience by streamlining the process, answering as many questions as

Minnesota Business Tax Education Partnership – Seminars in April

Do you want to learn more about state and federal employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding seminars for employers and their representatives with experts from the following agencies: Minnesota Department of Revenue Minnesota Unemployment Insurance Program Minnesota Department of Labor and Industry United States Department of Labor Minnesota

Minnesota Wage and Hour Record-keeping Requirements

Minnesota employers are required to keep certain records about each employee. The Department of Labor and Industry (DLI) can demand and inspect these documents at any time to ensure compliance with Minnesota law. Information employers must record and keep for each employee Name, address and occupation. Rate(s) of pay and the amount paid each pay

USCIS Releases New Form I-9 & Instructions

USCIS released a new version of Form I-9, Employment Eligibility Verification on January 31, 2020. Employers should begin using the new version of Form I-9 at this time. Use of the new Form I-9 becomes mandatory starting May 1, 2020. Need to Know: Grace period for using the prior version of Form I-9 through April

IRS Update: Tax Withholding Estimator, Lock-In Letters & 2020 W4

IRS Offers Guidance on Lock-In Letters The IRS updated its Withholding Compliance Questions & Answers page to offer guidance on how to handle lock-in letters with the new Form W-4. Understanding the 2020 Form W – 4 and How to Use it to Calculate Withholding IRS webinar On-Demand Topics covered: the reason for new a design of the