by Brandon Laws | Aug 12, 2020 | Coronavirus
On Saturday, August 8, the President issued several executive orders and memorandum intended to provide financial relief to both employees and the unemployed. Social Security Tax Deferment One memorandum directs the Treasury Department to defer employees’ obligations...
by Allison Julander | Jan 11, 2016 | Operations
Each year, we compile a comprehensive list of some of the most important information employers need to know in terms of tax rates, limits and dates. At the very least, it serves as a wonderful reference sheet for your team. Click below to download your free copy of...
by Brandon Laws | Jan 15, 2013 | Employment Law
The Society for Human Resource Management (SHRM) provided this update on January 8, 2013: The IRS released the updated income tax withholding tables on Jan. 3, 2013 reflecting the new changes to the tax code approved by Congress on New Year’s Day. The updated tax...
by Brandon Laws | Oct 24, 2012 | Employment Law
On October 18, 2012, Society for Human Resource Management (SHRM) provided the following update on the wage limits subject to the FICA tax: “…some employees may see their take-home pay shrink in 2013 due to higher Social Security and Medicare taxes. The...
by Brandon Laws | Dec 27, 2011 | Employment Law
On December 23, 2011, the IRS announced that the Social Security payroll tax cuts, enacted at the beginning of 2011, would be temporarily extended into 2012. Read the entire news release: WASHINGTON — Nearly 160 million workers will benefit from the extension of the...