Compliance & Tax Updates 11/05/2018

ALABAMA Contributions to an employee Health Savings Account (HSA) are not included in an employee’s unemployment insurance, retroactive to January 1, 2018. Action Required: No Action Required; required tax amendments (if any) to be filed by PlanSource ARIZONA / ARKANSAS / IOWA / KENTUCKY / MAINE / MASSACHUSETTS / MINNESOTA / NEW JERSEY /...

Verify 2020 Payroll Calendars

Verifying Payroll Calendars As part of the year‐end process, we ask our clients to ensure the payroll calendars reflect the correct pay dates and pay periods for the coming year.  Keep in mind that 2020 is a leap year so you might encounter an additional payroll. Please take a moment to run and...

Compliance & Tax Updates 10/12/2018

To review all compliance updates by state, visit the Compliance Updates tab. INDIANA Local tax rate increases, effective October 1, 2018, for: DeKalb County (IN058/IN109) from 2% to 2.13% Floyd County (IN154/IN155) from 1.15% to 1.35% Fulton County (IN062/IN113) from 1.93% to 2.38% Vigo County (IN176/IN185) from 1.25% to 2% Note: There is no action required on...

Verify Employee Social Security Numbers

The Social Security Number Verification Service There are two Internet verification options you can use to verify that your employee names and Social Security numbers (SSN) match Social Security’s records. You can: Verify up to 10 names and SSNs (per screen) online and receive immediate results. This option is ideal to verify new...

Natural Disaster Contingency Planning – Are You Prepared?

The US has witnessed numerous natural disasters in the past two years. When considering fires, hurricanes, tornadoes, earthquakes, blizzards, mudslides and volcanoes (just to highlight a few,) it is safe to say that no matter where you are located, it is important to have a disaster contingency plan in place to ensure your...

IRS Encourages Paycheck Checkups Now!

We’ve all heard of the importance of regular health checkups and many of us also schedule automobile checkups and tune-ups periodically. Now the IRS is reminding everyone of the importance of a regular paycheck checkup as well! With the recent tax law changes in effect, the IRS wants to help prevent unexpected and...