Form W-2 now includes Box 14b for reporting Treasury Tipped Occupation Codes. Learn when employers must report these codes and why they matter for tipped employees.
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.
Beginning with 2026 W-2s, qualified overtime compensation under the OBBBA moves from optional Box 14 reporting to standardized Box 12, Code TT; here's what employers need to know before year-end filing.
Hiring a caregiver, housekeeper, or other domestic worker makes you a household employer—learn how to understand your payroll responsibilities and stay compliant with IRS requirements.
If you’ve ever had a project that you’ve pushed off until the very last minute, you probably know the stress that comes with scrambling to meet a deadline. The anxiety,...
The IRS has released the draft version of Form W-2 for tax year 2026 (filed in 2027). While draft forms are not final, they offer valuable insight into upcoming compliance...