Ideas & Insights

There are many things to consider when sending employees abroad on short-term assignment. Here’s the top things you should keep in mind.

Growing businesses need to add workers. As the popularity of independent contractors grows, so does scrutiny over employee classification.

Before implementing a nonqualified deferred compensation plan, employers should consider the benefits and tax and compliance consequences.

Throughout a plan’s life cycle, employers should consider whether their plans remain compliant and aligned with the organization’s goals.

The IRS revises Form 6765 so in 2021 taxpayers cannot use the same wages to calculate both the R&D credit and the employee retention credit.

Notice 2021-49 provides answers on previously uncertain issues and addresses changes implemented in the American Rescue Plan Act.

California FTB amends remote worker nexus guidance, teleworking employees will create nexus and exceed P.L. 86-272 protections.

Notice 2021-42 provides guidance for cash payments from foregone vacation, sick or personal leave made by employers to charities.

COVID-19 legislation permits taxpayers to provide tax-free payments for certain student loan payments through 2025.

White House closes the door on DOL classification of gig workers as independent contractors; reinstalls prior multi-factor test.

What is restricted stock and how does it affect taxes for employers and employees? Find out more about this executive compensation option.

The Pennsylvania Department of Revenue has issued complex guidance for employees claiming home office expense during the pandemic.

Governor Ned Lamont has signed legislation retroactively providing COVID-related business nexus and personal income tax relief for 2020.

Plan sponsor actions to incorporate the provisions of the SECURE and CARES Acts into their plan documents and plan administration.

The DOL has issued final regulations on the FSLA’s rules for independent contractors including gig workers, but it may be repealed.

The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.

Many limitations, including the 401(k) elective deferral limit for employee contributions, remain unchanged from 2020 levels.

New Hampshire files challenge over Massachusetts regulation taxing telecommuting nonresidents with U.S. Supreme Court.

The final version of Form 941-X Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund has been released by the IRS.

Organizations that translate lessons learned from COVID-19 into future ready standards can create value that will last beyond this crisis.