by Joan Buchman Miller | Jan 23, 2023 | 1099"s, Accounting, tax planning, W-2's
With the 2023 filing season deadline drawing near, be aware that the deadline for businesses to file information returns for hired workers is even closer. By January 31, 2023, employers must file these forms: Form W-2, Wage and Tax Statement. W-2 forms show the wages...
by Joan Buchman Miller | Dec 20, 2021 | 1099"s, Accounting, deadlines, employees, S Corporation, tax planning, W-2's
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all...
by Joan Buchman Miller | Oct 26, 2021 | employees, tax planning, Uncategorized, W-2's
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for 2022 (up from $142,800 for 2021). Wages and self-employment income above this threshold aren’t subject to Social Security tax....
by Joan Buchman Miller | Dec 4, 2017 | deadlines, W-2's
IRS has issued a reminder to employers and other businesses that 2017 W-2 and 1099-MISC forms that report non-employee compensation must be filed by Jan. 31, 2018. In general, information returns are required to be filed for compensation paid by persons engaged in a...
by Joan Buchman Miller | Jan 23, 2017 | employees, W-2's
Employee or independent contractor? The question of whether a worker is an independent contractor or employee for federal income and employment tax purposes is a complex one. It is intensely factual, and the stakes can be very high. If a worker is an employee, the...
by Joan Buchman Miller | Jan 9, 2017 | 1099"s, deadlines, W-2's
Reminder: Jan. 31 is due date for W-2 and 1099-MISC forms Unlike in prior years, 2016 W-2 forms (Wage and Tax Statement) that report employee compensation and 2016 1099-MISC forms (Miscellaneous Income) that report non-employee compensation must be filed by January...
