New York State WARN Act
The WARN Act applies to private businesses with 50 or more full time workers in New York State. It covers: Closings affecting 25 or more workers Mass layoffs involving 25 or more full-time workers...
Accounting Portal Articles
New York State Minimum Wage Act
Minimum Wage Act The Minimum Wage Act (Article 19 of the New York State Labor Law) requires that all employees in New York State receive at least the applicable hourly Minimum Wage rate. This...
California Paid Sick Leave due to COVID-19 illness
Can an employee use California Paid Sick Leave due to COVID-19 illness? Yes. If the employee has paid sick leave available, the employer must provide such leave and compensate the employee under California paid...
Texas Remote Seller’s Single Local Tax Rate (Oct. 1, 2019 – Dec. 31, 2020)
For the period of Oct. 1, 2019 – Dec. 31, 2020, the single local tax rate will be 1.75 percent. Going forward, the Comptroller will compute the single local tax rate and publish it...
Pennsylvania Personal Income Tax Forms 2019
You can use traditional personal income tax forms or e-filing your PA Personal Income Tax Return with padirectfile or PA e-file. Padirectfile is a free way to file return directly with the PA Department...
Texas Use Tax Form and Tax Rates
The tax rate for sales tax and for use tax is the same. The Texas state sales and use tax is 6.25 percent, but local taxing jurisdictions (cities, counties, special purpose districts and transit...
States Without Individual Income Tax
Alaska – The State of Alaska does not have an individual income tax, therefore no employee withholding for state income tax is required. Florida – no personal income tax Nevada – has no individual...
Size Standards Definition of Small Business for Government Contracting
Definition of small business Small business size regulations Size standards tool Size standards that define small business How size standards are determined Size protest and NAICS code appeals Small business size standards matched to...
Principal Business Activity Codes for Form 1120-S
Enter the six-digit code on page 1, item B. Also enter the business activity on page 2, Schedule B, line 2(a) and a brief description of the principal product or service of the business...
Principal Business or Professional Activity Codes for Schedule C (Form 1040 or 1040-SR)
Codes for the Principal Business or Professional Activity classify sole proprietorships by the type of activity they are engaged in to facilitate the administration of the Internal Revenue Code. These six-digit codes are based...
AccuWage Online 2019
AccuWage Online is a free internet application offered by the Social Security Administration (SSA) that enables you to check EFW2 (W-2 Wage and Tax Statement) and EFW2C (W-2C Corrected Wage and Tax Statement) formatted...
Overtime Pay Resources
The federal overtime provisions are contained in the Fair Labor Standards Act (FLSA). Unless exempt, employees covered by the Act must receive overtime pay for hours worked over 40 in a workweek at a...
IRS Rules for Using a Per Diem Rates – TCJA
26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability. (Also: Part I, §§ 62, 67, 162, 267, 274; 1.62-2, 1.162-17, 1.267(a)-1, 1.274-5, 1.274-5T.) Rev. Proc....
IRS 2020 Standard Mileage Rates – Notice 2020-05
SECTION 1. PURPOSE This notice provides the optional 2020 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. This...
Tax Withholding Assistant (Excel)
Excel form will help small employers calculate the amount of federal income tax to withhold from their employees’ wages and help you as you transition to the new Form W-4 for 2020. Link to...
Business Travel Per Diem Rates for 2020
2019-2020 Special Per Diem Rates – Business Travel Per Diem Rates Notice 2019-55 SECTION 1. PURPOSE This annual notice provides the 2019-2020 special per diem rates for taxpayers to use in substantiating the amount...
California Cannabis Industry Payroll Tax Reporting
California businesses that hire employees to perform services are required by law to withhold, report, and pay payroll taxes to the EDD. Cannabis businesses include distributors, transporters, and dispensaries and includes employees, such as...
Applicable Federal Rates (AFR) 2018, 2019, 2020
RR-2020-15 — APPLICABLE FEDERAL RATES AUG. 2020 RR-2020-14 — APPLICABLE FEDERAL RATES JULY 2020 RR-2020-12 — APPLICABLE FEDERAL RATES JUNE 2020 RR-2020-09 — APPLICABLE FEDERAL RATES MAY 2020 RR-2020-09 — APPLICABLE FEDERAL RATES APR....
Covered California for Small Business
To be eligible to participate in CCSB, you must indicate that your business or organization meets all of these qualifications: • Have a primary business address in California, or offer coverage to each eligible...
California Form 1095-A
Your Form 1095-A shows the amount the Internal Revenue Service (IRS) paid to your insurance company to lower the cost of your health coverage. The amount paid was based on the most recent household...
