Employer federal income tax withholding is intended to collect, throughout the year, the approximate amount of the employee’s tax for the year.
There are significant compliance issues for employers when employees cross state lines in the course of employment.
Issuers of 1099 Forms can adopt best practices and procedures that streamline the year-end process and provide assurance that 1099s are correct, at least so far as vendor names and tax ID numbers (TINs) are concerned.
This webinar will cover the latest updates for Form 1099-MISC and Form 1099-NEC.
Accounts payable is not only responsible for control of cash paid by the business, but also handles sensitive vendor information such as tax ID numbers.
Employers often provide travel advances, business expense reimbursement, or use of company property to employees.
Employers face special challenges when calculating overtime for non-exempt employees, whether paid on an hourly, piecework, or salaried basis.