New W-2 and 1099 E-Filing Requirements for Employers in 2023

On February 23, 2023, the IRS significantly expanded electronic filing requirements for tax returns. This article focuses on the most common type of information returns–W-2 and 1099 series return filings–but the new requirements also apply to other types of returns.

2023-07-21T11:28:27-04:00July 21, 2023|Categories: Tax: Business|Tags: |

Virginia Employment Laws Expanded to Require New Hire Reporting of Independent Contractors

A new but perhaps little-known law in the State of Virginia requires that all employers, labor organizations, and hiring halls report information about newly hired independent contractors to the state’s New Hire Center.

2020-12-23T09:01:45-05:00November 11, 2020|Categories: Tax: Business|Tags: , |

Automation, the Human Touch, and Cloud Accounting

Organizational leaders can spend less time on repetitive accounting tasks and more time connecting with clients and by using automated and cloud computing software. Learn how cloud accounting can save you time, money and frustration so you can focus on what matters most.

2023-08-21T15:44:32-04:00November 21, 2019|Categories: Accounting, Business Advisory|Tags: , |

Tax Reform’s Impact on Payroll

Soon after passage of the new tax reform law, the IRS announced that it is developing salary and wage tax withholding guidance to be issued sometime in January, 2018. The IRS said that use of the new 2018 withholding guidelines will allow taxpayers to begin seeing the changes in their paychecks as early as February 2018. Until then, employers and payroll service providers should continue to use the existing 2017 withholding tables and systems.

2018-08-17T15:27:20-04:00January 25, 2018|Categories: Small Business, Tax: Business, Tax: Individual|Tags: , |

U.S. Employers Are Required to Be Form I-9 Compliant

Effective January 22, 2017, employers must use the revised form I-9, Employment Eligibility Verification Form. The I-9 is the form that all U. S. employers [...]

2019-07-01T13:43:34-04:00January 23, 2017|Categories: Business Advisory, Tax: Business|Tags: , , |

Employers: January 2017 Is Busier Than Ever with New Due Dates

December and January are undoubtedly busy times for businesses with closing out their calendar years, gathering documentation for their accountants, tax preparers, and auditors, and [...]

Go to Top

As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.

Click to Continue