Alice Gliman

The Social Security Administration has been hard at work trying to streamline the online reporting process. Yesterday it previewed the changes to the upload process for 2021 W-2s
This isn’t our first rodeo dealing with large and complex tax bills. So we’ve also looked in every little nook and cranny for even more payroll provisions, because we know this is where they’re hiding.
Also of note are new instructions for the ever-confusing Form 941-X.
The Affordable Care Act has specific rules on wellness plans, affordable coverage and free-rider penalties. These demand your immediate attention.
OSHA’s upcoming vaccine mandate aimed at employers with 100 or more employees has, predictably, sparked an outsized interest in religious exemptions. Some clergy are already offering exemption letters for sale over the internet. What are you supposed to do now?
The budget reconciliation bill Congress is currently considering will affect your payroll and benefits administration, as well as your corporate tax rate and your appetite for tax risk.
Now that a particle or two of dust has settled from last Thursday’s announcement that OSHA will write an emergency temporary standard requiring all employers with 100 or more employees to ensure their employees are fully vaccinated against covid-19, employers are left with some basic questions about this mandate. We’ve answered a few to the best of our ability.

2022 inflation adjustments

September 9, 2021

The Social Security Administration will soon release the 2022 Social Security taxable wage base. Except for tax-free fringe benefits, all wages are subject to the Medicare portion of FICA. In addition, the IRS will soon release the 2022 cost of living adjustments for 401(k) and other fringes. Check back regularly to learn the latest inflation adjustment information.

The House Ways and Committee, which controls taxes and spending, has released a couple of titles of a nascent tax bill. The committee is marking up this bill this week. Here are highlights.
This guidance is aimed at employees who have side gigs and who could qualify for tax credits due to their self-employment.