Advice

Payday lenders offer low-income employees a tantalizing proposition: Here’s the money you need right now. They don’t mention the usurious interest rates.
Mother’s Day, college graduations, tough payroll questions. Just par for the course, really.
If you don’t want the hassle of annual 401(k) plan discrimination testing, you can adopt a 401(k) safe harbor plan. But there have always been limitations on these plans. The IRS has now eliminated one huge obstacle.
The IRS disposed of most of the payroll issues regarding same-sex spouses in 2013 and 2014. Nevertheless, it’s issued guidance on the impact of the U.S. Supreme Court’s 2015 ruling in Obergefell v. Hodges.

More than halfway into the second decade of the 21st century, it should come as no surprise that most employees have their pay deposited directly into their bank accounts.

Kids are expensive. So wouldn’t it be great if you could pay them to do their chores and deduct those payments as wages? But you can’t.
The IRS has issued interim guidance that clarifies and updates auditors’ responsibilities during payroll audits.

Love is not all that newlyweds need. If employees who tie the knot change or hyphenate their last names, they may also need new Social Security cards that reflect their married names.

HRAs clarified again

April 14, 2016

Will the IRS ever be finished with clarifying how health reimbursement arrangements fit into the Affordable Care Act? Maybe, but not anytime soon.
Payroll administrators, get ready to supply wage and hour data and W-2 data to the Equal Employment Opportunity Commission on Form EEO-1.