USCIS Publishes Revised Form I-9 USCIS Publishes Revised Form I-9 USCIS Publishes Revised Form I-9 USCIS Publishes Revised Form I-9 The IRS has recently made an important announcement regarding the e-filing of W2, 1099, and 1095 forms for the upcoming 2023 tax year, which will be filed in 2024. The latest guidelines now mandate electronic […]
IRS Lowers Threshold for E-filing
The IRS has recently made an important announcement regarding the e-filing of W2, 1099, and 1095 forms for the upcoming 2023 tax year, which will be filed in 2024. The latest guidelines now mandate electronic filing for individuals or organizations who need to submit 10 or more returns of any type within a calendar year. […]
IRS 2016 Standard Mileage Rates for Business
The Internal Revenue Service has issued the 2016 standard mileage rates used to calculate the deductible costs of operating an automobile for business. Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car, van, pickup, or panel truck will be: 54 cents per mile for business miles driven, down from 57.5 […]
Going Green with INTERAC
Going Green is more than just being environmentally friendly. It also means saving time and money, which goes right to the bottom line, putting more green in your pocket. While being environmentally responsible is becoming an important part of being a good corporate citizen, there are lots of reasons to take advantage of the various […]
Affordable Care Act Reporting
Firms responsible for payroll processing are also likely to have been impacted by the new Affordable Care Act reporting requirements. While the IRS has issued an extension of the due dates for 2015 ACA reporting, the requirements must still be met. If you are dealing with the reporting changes mandated by the Affordable Care Act (ACA), […]
Extension of the Due Dates for 2015 ACA Reporting
Extension of the Due Dates for 2015 ACA Reporting The IRS has extended the reporting dates for 1094 and 1095 filing, giving you some additional time to get your information together and the reports submitted. Specifically, this notice extends the due dates for: Form 1095-B, Health Coverage, from February 1, 2016, to March 31, 2016 Form […]
Time To Order Tax Forms
It’s that time of year again. With the holiday season upon us, and the end of the year approaching, it is time to begin preparing for year-end tax filing. In addition to the W2 and 1099, you may also be required to provide the new ACA 1095 forms this year. Get ahead of the game […]
IRS Releases Final 2015 ACA Reporting Forms and Instructions
Written by IRIS TILLEY (Barran Liebman LLP) – 9/22/15 As many employers are all too aware, ACA reporting has been looming on the horizon for some months now. However, preparations have been exceedingly difficult because employers have been left only with draft forms and outdated instructions as a framework for their planning. On September 17, 2015, the IRS finally […]
The Affordable Care Act & INTERAC Payroll
The Affordable Care Act (ACA) has mandated major changes to the reporting requirements of companies that process payroll Intersoft has been working on changes to INTERAC to comply with the filing requirements 2015. These changes are included in the new INTERAC.NET program which began shipping in September. The following updates were made to INTERAC Payroll […]
New Mileage rates for 2015
There is some good news from the IRS They have released updated mileage rates for 2015 and the good news is, they have increased. Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 57.5 cents per mile for business miles driven, up […]