Alice Gilman is an employment tax compliance expert with more than 25 years of experience and is the editor of Business Management Daily's Payroll Legal Alert. She is a graduate of the State University of New York at Albany and received her law degree from the University of Bridgeport.
The Department of Labor issued its long-awaited final worker status rule. The final rule adopts the proposed rule with few changes. The new rule becomes effective March...
We’ve covered the taxability of gift cards before, and the law hasn’t changed—with three exceptions, the face value of gift cards is always taxable because...
We started our W-2 series feature earlier this year, giving us more time to explore W-2 issues, which, based on questions we’ve been encountering, are beginning to...
Every election is important. And we would argue that elections at the local level are the most important of all, since these elected officials are closest to the people...
The IRS has kept its promise to provide relief to employers that filed Forms 941-X to claim the pandemic-era employee retention credit for which they aren’t eligible....
The FBI and the Cybersecurity & Infrastructure Security Agency recently issued an alert to critical infrastructure companies warning them of a new ransomware...
The IRS is so serious about IRIS, its new simplified e-filing platform for information returns, that it’s convening monthly working group meetings over the internet....
You’d be forgiven if you haven’t noticed the ongoing criminal fraud trial of Sam Bankman-Fried, the cryptocurrency wunderkind. His crypto exchange, FTX, collapsed,...
Welcome to Cybersecurity Awareness Month. With many high-profile cybersecurity attacks in the news in recent years, it’s worth paying extra attention to the topic....
The Associated Press reports that more school districts are switching to four-day schedules. Kids love it, of course, and it may be a neat recruiting tool for school...
The debate over on-demand pay continues to be waged—is it a loan or a wage advance? The answer matters, because state wage payment laws control the deductions you can...
Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You have until Nov. 7 to...
You can help employees with their current educational expenses, pick up their student loans, or even help out employees’ children with their educational expenses. But...
The saga of 401(k) catch-up contributions under SECURE 2.0 is well known. Beginning with catch-up contributions to be made next year, employees whose Social Security...
Final regulations implement the Taxpayer First Act by requiring you to e-file all your information returns—your W-2s, 1099s, 1095s, and other information returns—if...
The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. The NTA, for...
Direct deposit is a closed loop. You send the payroll file to your bank a few days before payday and your bank sends files through the ACH network to employees’ banks....
While some scammers and phishers are using the U.S. mail for their own nefarious purposes, the main avenues for tax scams remain email and text messaging—these methods...
Mail scams may be making a comeback, but the quickest, easiest, and most efficient way for a scammer or phisher to steal employees’ identities is to hack into your...
The Biden administration’s program to cancel up to $20,000 in student loans is dead. According to the Supreme Court, in a 6-3 decision, the administration exceeded its...
