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.

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DOL has issued final regulations on the FSLA’s rules for independent contractors including gig workers, but it may be repealed.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

Global mobility requires cross-border tax planning with a global perspective, assignment planning and payroll reporting obligations.

Due to the COVID-19 pandemic and economic crisis, the IRS will permit employers to adopt midyear amendments to plan contribution formulas.

Notice 2020-46 provides guidance for cash payments from foregone vacation, sick or personal leave made by employers to charities.

Section 4960 proposed rules add examples and clarity while generally following interim guidance and providing taxpayer-friendly exceptions.

Congress authorizes additional $310 billion for PPP; SBA issues additional eligibility guidance for hedge funds and private equity.

Many employers are transitioning to virtual internship programs due to the COVID-19 crisis. Understand the state and local tax consequences.

Employer social security payroll tax payment deferral for taxes incurred from March 27th through Dec. 31, 2020.

Expanding outsourcing strategies can often provide immediate benefits that enable the company to capitalize on growth opportunities.