Income Taxes

New and Updated

• Type:

  Employment Law Guide

  Withholding Taxes: Utah

  Updated to reflect the short-term service nonresident withholding exemption, effective January 1, 2023.

• Type:

  Employment Law Guide

  Withholding Taxes: Arizona

  Updated to reflect revisions to Form A-4, effective January 1, 2023.

• Type:

  Legal Timetable

  Arizona Requires Employees to Complete New Withholding Form A-4 for 2023

• Date:

  October 21, 2022

  Type:

  News

  IRS Issues 2023 Retirement Plan Adjustments and Fringe Benefit Limitations

  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.

• Date:

  October 19, 2022

  Type:

  News

  IRS Releases 2023 Inflation Adjustments to Fringe Benefits and Income Taxes

  Some employer benefits will be more generous next year, thanks to inflation, as a result of the IRS announcement.

• Type:

  Employment Law Guide

  Withholding Taxes: Vermont

  Updated to reflect information regarding withholding on remote workers.

• Type:

  Employment Law Guide

  Withholding Taxes: Hawaii

  Updated to include information regarding the state Earned Income Tax Credit, effective June 22, 2022.

• Type:

  Legal Timetable

  Utah Short-Term Service Nonresident Withholding Exemption Takes Effect

• Type:

  Employment Law Guide

  Withholding Taxes: Missouri

  Updated to reflect information regarding resources on the tax implications of remote work arrangements.

• Type:

  Letters and Forms

  IRS Form W-4R, Withholding Certificate for Nonperiodic Payments and Eligible Rollover Distributions

  As mandated by the Internal Revenue Service, payers must use Form W-4R to withhold the correct amount of federal income tax from nonperiodic payments or eligible rollover distributions from a retirement plan, annuity or individual retirement arrangement.