2019 limits for retirement plans and other benefits have been announced by the IRS. The amounts employees can contribute to 401(k)s and IRAs will increase in 2019. In particular: The employee contribution limit for 401(k) plans will be $19,000, up from $18,500 in...
New IRS per diem rates for 2018-2019 were recently announced, effective from October 1, 2018, through September 30, 2019. These rates impact business travelers who incur expenses on the road and include incidental expenses and transportation industry meal rates, as...
Q: Does an I-9 form need to be updated when an employee’s name changes? What about other forms? A: When an employee changes their legal name, you are not required to update their I-9. However, the US Citizenship and Immigration Services (USCIS) recommends...
If your last paycheck looked bigger, there is a good reason – as employers begin implementing the new withholding tables from the IRS, employees are starting to see a slight increase in their net pay. The new tables are a result of the recent tax reform...
The Affordable Care Act form 1095-C distribution deadline has been extended by the IRS. This means that applicable large employers (those with 50 or more full-time equivalent employees) must now distribute Form 1095-C to employees by March 2, 2018. The previous...