Over the past two weeks, wildfires have caused substantial loss and damage to homes and communities in Los Angeles, California, and the surrounding areas. In the wake of such devastation, employers may seek opportunities to...more
1/16/2025
/ California ,
Disaster Relief Fund ,
Donations ,
Employee Benefits ,
Employees ,
Employer Liability Issues ,
Internal Revenue Code (IRC) ,
IRS ,
Natural Disasters ,
Paid Leave ,
Qualified Disaster Relief Payments ,
Retirement Plan ,
Tax Liability ,
Tax Planning
The Internal Revenue Service (IRS) has announced plans to initiate dozens of new audits this spring in an attempt to limit personal usage of corporate aircraft. These audits will focus primarily on “highest risk” corporations...more
Promoters and tax advisors have extensively marketed the Employee Retention Tax Credit (ERTC) as a way for employers to reclaim Federal Insurance Contributions Act (FICA) payroll taxes paid during the first two years of the...more
11/8/2023
/ Coronavirus/COVID-19 ,
Employee Retention ,
Employer Liability Issues ,
FICA Taxes ,
IRS ,
New Legislation ,
Payroll Taxes ,
Regulatory Agenda ,
Regulatory Reform ,
Tax Credits ,
Tax Reform
On October 11, 2022, the United States Department of Labor (DOL) issued its Notice of Proposed Rulemaking (NPRM) seeking to undo the Trump administration’s 2021 independent contractor regulations and revert to the six-factor...more
10/28/2022
/ Classification ,
Comment Period ,
Department of Labor (DOL) ,
Employee Definition ,
Employees ,
Employer Liability Issues ,
Independent Contractors ,
NPRM ,
Proposed Regulation ,
Proposed Rules ,
Regulatory Agenda ,
Trump Administration