Dec 31, 2019 | GTM Business Blog HCM
On Dec. 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and includes the following three repealed ACA taxes and fees under the Affordable Care Act (ACA): The Cadillac tax on high-cost group health coverage, beginning in...
Dec 16, 2019 | GTM Business Blog isolved
On Dec. 5, 2019, the Internal Revenue Service released an updated version of its new Form W-4, also known as the “Employee’s Withholding Certificate.” Employers use IRS Form W-4 to determine each employee’s federal tax withholdings. The new form is intended to...
Dec 3, 2019 | GTM Business Blog isolved
Employers in New York need to be aware of the Metropolitan Commuter Transportation Mobility Tax. Our HCM partner isolved offers this guide to this tax and what employers need to do to be compliant. The New York State Department of Taxation and Finance has released...
Dec 12, 2018 | GTM Business Blog isolved
The end of 2018 is quickly approaching, so it’s important that everything is in order to ensure there are no surprises when the time comes to file taxes. Year-end tax planning for small businesses isn’t something to put off or ignore. It’s important to look at your...
Oct 30, 2017 | GTM Business Blog isolved
Employees submitting a new W-4 can do so any time they have changes. Often, they’ll submit a new form when they know they’ll be changing exemptions, adjustments, deductions, or credits on their return. For example, an employee may want to increase their withholding by...