Preparing for a Workers’ Compensation Audit
Workers’ compensation insurance is essential for safeguarding both employees and employers when workplace injuries occur, but it also comes with strict rules and detailed reporting requirements. Since regulations differ from state to state and the coverage involves sensitive financial and legal obligations, even small mistakes can create major complications for a business. That’s why preparing for a workers’ […]
Federal Student Loan Garnishments Put on Hold by Education Department
The U.S. Department of Education announced it is delaying wage garnishments and involuntary collections for defaulted student loan barrowers, including the Administrative Wage Garnishment (AWG) and the Treasury Offset Program (TOP). The department claims its temporary pause was made to continue streamlining the student loan repayment process as it continues to make further reforms. This pause […]
IRS Finalizes 2026 Form W-2 with Changes from OBBBA
The IRS released the final 2026 Form W-2, Wage & Tax Statement, with changes made due to the One Big Beautiful Bill Act (OBBBA). The final version incorporates the anticipated changes made on draft Form W-2 with some additional updates; the final instructions have not been released yet. Key Changes New Box 12 Codes The finalized 2026 Form W-2 introduces three new Box 12 codes tied directly […]
Essential Payroll Tax Responsibilities Businesses Can’t Afford to Overlook
Running payroll is about far more than issuing paychecks. Each payment triggers a series of tax obligations your business must manage with precision. Staying compliant with payroll tax rules isn’t just a legal requirement, it protects your company’s reputation and helps you avoid costly penalties. That’s why it’s so important to regularly revisit your core payroll tax responsibilities and make sure nothing slips […]
2026 Social Security Wage Base Impact on Payroll Taxes
The Social Security Administration has released the 2026 Social Security wage base, and employers should begin preparing now for the impact on payroll budgeting, withholding and compliance. Understanding these adjustments now can help employers prepare for a smooth transition. Understanding Federal Insurance Contributions Act (FICA) Taxes Under the FICA, employers are responsible for withholding and remitting two federal payroll taxes: […]
IRS Releases 2026 Federal Income Tax Withholding Methods
The 2026 Publication 15-T, Federal Income Tax Withholding Methods, provides employers with essential guidance on calculating federal income tax withholding. It outlines both the percentage method and the wage bracket method, while also detailing alternative approaches to ensure compliance. This latest edition incorporates updates from H.R. 1, the One Big Beautiful Bill Act (OBBBA), enacted in July 2025, reflecting […]
Navigating Payroll Tax Policy Amid New Tip and Overtime Tax Relief
Understand the payroll tax implications of the tip income and overtime income deductions. Our pros break down each deduction and the reporting details you need to know.
Tip Occupations List Guidance Issued by IRS
From restaurants to salons, the IRS’s new tip tax rules affect over 70 occupations. Learn how your business can adapt to the “no tax on tips” provision and streamline reporting under the OBBBA.
IRS Releases Draft 2026 Form W-4
The IRS’s 2026 W-4 draft reflects major changes from the OBBBA. Discover what’s new and how our payroll pros can help you stay compliant and confident.