The IRS on Tuesday issued a new form and instructions for employers to use to obtain advance payments of three tax credits that were created to help businesses cope with the coronavirus pandemic.
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Businesses must file payroll forms on time to stay in good ...
Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsible for calculating, deducting, setting aside and paying the various types of ...
With the right form design and implementation strategy, businesses can take advantage of this powerful resource to ensure their employees perform at their best. Research has found that employees who ...
Employers complete form W-2 annually to report employee earnings and tax withholdings. Employees complete form W-4 when starting a new job to tell employers how much to withhold from their paychecks.
The end of the year means many reporting responsibilities for employers. You must generate W-2s for employees and 1099-NECs for contractors. It is important to correctly classify your workers to avoid ...
An official with the U.S. Citizenship and Immigration Services on Monday gave Guam employers tips on filing and retaining employees' I-9 forms at the American Job Center. Kamana Mathur's top tips ...
Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...