Jan 26, 2016 | GTM Business Blog isolved
It’s usually during this month that employers have some employees asking about when they will receive their W-2s. Here is a brief overview of the rules for distributing W-2s to your employees. Employers must report all wages earned by employees to the Social...
Dec 29, 2015 | GTM Business Blog HCM
The IRS has delayed the 2015 ACA reporting deadlines for providing the required forms to both individuals and the IRS, allowing employers, insurers, and others more time to gather the required information and adapt to the new procedures for reports using Forms 1094...
Oct 16, 2015 | GTM Business Blog isolved
Yesterday the Social Security Administration (SSA) announced that the Social Security wage base for 2016 will remain the same as 2015 – $118,500. Two other items remain unchanged from this year: all covered wages are still subject to the 1.45% Medicare tax, and...
Sep 30, 2015 | GTM Business Blog HCM
If your organization employs seasonal workers or part-timers for the holidays, take note: The IRS has issued a Health Care Tax Tip on how these individuals affect whether your business is subject to the shared responsibility provisions of the Affordable Care Act...
Aug 6, 2015 | GTM Business Blog isolved
Q: We employ a part-time worker who also does occasional contract work for us. Can a worker be both an employee and an independent contractor? A: Typically a worker cannot be both an employee and an independent contractor for the same company. An employer can...
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