Archive for the ‘Administration’ Category

Remote workforces are complicating state tax nexus and withholding

As businesses increase the use of remote workforces, nexus and withholding determinations can greatly complicate state tax compliance.

IRS announces details for ERC Voluntary Disclosure program

IRS provides VD Program for employers to return ERC refunds and avoid penalties and interest. Employers must apply by March 22, 2024.

IRS delays implementation of lower $600 reporting threshold for 1099-K

New IRS notice 1099-K for small vendors will be subject to existing requirements for TY 2023, followed by a phased-in approach.

Don’t Forget to File California’s Form SI-100 Secretary of State Statement of Information

  Don’t Forget to File California’s Form SI-100 Secretary of State Statement of Information Form SI-100, Statement of Information, is a one-page informational form filed with the California Secretary of State that provides information about addresses, corporate officers and corporate filing agents. Every domestic nonprofit organization must file a Statement of Information with the Secretary… [Read More]

CalSavers Program

Dear Employers, We wanted to inform business owners who have not yet acquired a retirement plan for your employees.  California has set a final date of June 30, 2022 for employers with greater than five employees to enroll in a retirement program. If you have not enrolled in a program, they have provided the CalSavers… [Read More]

American Rescue Plan: Self-Employed Paid Family and Medical Leave

American Rescue Plan: Self-Employed Paid Family and Medical Leave The American Rescue Plan Act of 2021 extends and modifies COVID-19 self-employment tax credits for paid sick and family leave created under the Families First Coronavirus Response Act and amended by the Coronavirus Aid, Relief, and Economic Security Act. The credits are “equivalent” to those available… [Read More]