The IRS has released its 2025 cost-of-living adjustments (COLAs) to benefits and contributions to qualified retirement and deferred contribution plans.
The Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) allows employers that erroneously received and cashed an ERC refund check to settle their liability with the IRS if they pay back 80% of the ERC.
The IRS has opened a new program through which employers that mistakenly claimed the Employee Retention Credit (ERC) on Form 941-X can withdraw their claims without incurring penalties or interest.
The IRS issued final regulations that dramatically lower the mandatory threshold for electronic filing of information returns, such as Forms W-2, 1099, 1094 and 1095.
Temporary workers in New Jersey will have greater protections against unpaid wages, unsafe working conditions, unlawful deductions, and other forms of mistreatment under the recently signed Temporary Workers' Bill of Rights.
The IRS has released its 2023 cost-of-living adjustments (COLAs) to the dollar limitations on benefits and contributions to qualified retirement and deferred contribution plans.