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
California State Individual Income Tax Forms and Instructions 2019
Form 540 California Resident Income Tax Return and other California State Individual Income Tax Forms and Instructions for 2019. 540 2EZ Booklet 2019 Personal Income Tax Booklet 540 2EZ Form 2019 California Resident Income...
California State and Federal Income Tax Forms
California State Income Tax Forms California 540 Tax Forms – Personal Income Tax 540 California Resident Income Tax Return Form 540 Form 540 Booklet 540 2EZ California Resident Income Tax Return Form 540 2EZ...
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...
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...
Taxation of Fringe Benefits
On the Fringes: The Ins and Outs of Fringe Benefits Fringe Benefits In order to attract and retain quality employees, most employers offer some time of additional compensation over the employee’s wage. These work...
Free ERISA Search and Data sets
Each dataset represents the form year of the filing (the year printed in the top right box of the form). For 2008 and prior datasets, each dataset represents the plan year of the filing (the plan year end date entered by the filer in Part I of the Form 5500).
Calculating Book Value with Ease
Accounting uses different measures to gauge a company’s value and comply with legal requirements. One of the most important is book value. It is widely used internationally for varying purposes. This article explains what...
11 Facts about Employee Reimbursements Taxation
Are Employee Reimbursements Taxable? In this article we are talking about employee reimbursements and taxation. 1. Employee Reimbursements It’s inevitable that your employees will pay for business expenses with their own money and ask...
Understanding Operating Cash Flow Calculation
Operating Cash Flow Calculation Monitoring the financial situation of a company with transparent accounting is essential. The annual financial statement provides significant information for decision-making and strategic planning. Key financial indicators make it easier...
Fringe Benefits Rates Table 2021
Special Rules for Various Types of Fringe Benefits (Source: IRS) Taxation of Fringe Benefits Treatment Under Employment Taxes Type of Fringe Benefit Income Tax Withholding Social Security and Medicare (including Additional Medicare Tax when...
Cafeteria Plan – Fringe Benefits
Cafeteria plan A cafeteria plan, including an FSA, provides participants an opportunity to receive qualified benefits on a pre-tax basis. It is a written plan that allows your employees to choose between receiving cash...
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...
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...
Pennsylvania Personal Income Tax Forms 2020
PA e-File You can use traditional personal income tax forms or e-filing your PA Personal Income Tax Return with myPATH or E-file for free E-file is a free option to file your federal and...
DOL Mobile Timesheet App
Employees and employers can keep accurate records of hours on the job. The DOL-Timesheet App helps track regular work hours, break time, and overtime hours. The new version of the app also enhances the...
Form W-9 Request for Taxpayer Identification Number and Certification
Form W–9 Instruction W–9 How Do I Know When To Use Form W-9? Use Form W-9 to request the taxpayer identification number (TIN) of a U.S. person (including a resident alien) and to request...
Check Federal Tax Refund Status with IRS2Go – Smartphone Application for Mobile Devices (Android, iPhone)
Download the IRS2Go App If you have an Android device, you can visit the Android Marketplace to download the free IRS2Go app. Apple store Amazon Available features: Payment Get easy access to mobile-friendly payment...
Schedule C – Profit or Loss From Business
Schedule C for Sole Proprietorship Use Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. An activity qualifies as a...
California Payday Notice Poster
California payday notice poster Payday notice poster must specify the regular paydays and the time and place of payment. An employer-developed notice is permitted. Labor Code Labor Code section 207 states: Every employer shall keep...