Here's the change from an aging IRS system to a smarter one, and why waiting until the deadline to switch could cost you. This guide breaks down the 7 key facts every filer needs to know about the move from FIRE to IRIS.
Learn the Form 5500-EZ filing requirements for Solo 401(k)s and other one-participant retirement plans, including the $250,000 aggregate asset threshold, filing deadlines, and e-filing rules. Discover key IRS compliance details, penalties, extension options, and common filing mistakes to avoid.
If you're an employer in Virginia, Form VA-5 is how you report the state income tax you've withheld from employee wages. What you file, and when it's due, depends on your requirements. Here's what you need to know about VA-5 filing status, deadlines, and penalties.
The OBBBA raises the 1099 reporting and backup withholding threshold from $600 to $2,000 for payments made after December 31, 2025. Here's what changed, what didn't, and how businesses should adjust their W-9 collection process for 2026.
Form W-2 gets its biggest overhaul in years for tax year 2026. New Box 12 codes, a split Box 14, and a February 1, 2027 deadline mean payroll teams have new boxes to fill and new rules to follow.
Payroll doesn’t stop at your employee’s paycheck. As an employer, you’re also responsible for meeting state payroll tax reporting requirements. Missing a filing deadline or submitting incomplete information can lead...