Program

Home|Tag: Program

Educational assistance program – benefits up to $5,250 are not compensation (box 1 – w2)

In the IR-2024-167, the IRS shares the Frequently Asked Questions and general guidance on how the employee's w2 will not reflect any additional compensation for educational assistance programs with benefits of up to $5,250 if there is a section 127 program at your employer. This is an excellent way to have the employer pay for

By |2024-06-18T02:03:07+00:00June 18th, 2024|Categories: Individuals|Tags: , , , , , , |

Slowdown in your NY business? Shared work program might help!

The New York State Department of Labor has a special program called " Shared Work CLICK HERE  " to support NY business with a slowdown, so the employee work reduced hours receiving wages and also collecting some of the unemployment benefits.  This program allows: Save Labor Dollars - Adjust employee hours as needed. Employees working reduced hours

By |2024-06-12T18:24:40+00:00June 12th, 2024|Categories: Business, Business|Tags: , , , , , , , |

IRS Indep. Office of Appels announced a new Alternative Dispute Resolution program

As published on IR-2024-119 on April 24th, 2024, " The Internal Revenue Service Independent Office of Appeals today announced the formation of a new Alternative Dispute Resolution Program Management Office. This office will collaborate with the IRS Business Operating Divisions to help taxpayers resolve tax disputes earlier and more efficiently." "...For years, the IRS has

By |2024-05-08T18:22:09+00:00May 8th, 2024|Categories: Business, Individuals|Tags: , , , , , , |
Go to Top