08/15/2019
The Department of Health and Human Services and the IRS have released their inflation adjusted figures for group health plans for the 2020 calendar year.
08/15/2019
Payroll audits that result in tax underpayments have an unexpected, ugly side effect: employees will have additional FICA-taxable income. Worse: You may be completely out-of-pocket for the underwithheld income taxes that are now due. The IRS, in technical advice to auditors, instructs them on how to handle this additional income and taxes.