Remove 2017 Remove Employment Remove Taxes
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Affordable Care Act (#ACA): Don’t Forget Your 2017 Requirements!

HR Bartender

(Editor’s Note: Today’s post is brought to you by our friends at ComplyRight , providers of practical, affordable products and services that help employers of all sizes streamline essential tasks and compliance with federal, state, and local employment laws. Today, I want to discuss 2017. Employers don’t need to request it.

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An Introduction to IRMAA

Money Talk

Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. If your first thought when you hear the word “Irma” is a kindly older relative (the name was popular generations ago) or a powerful category 5 hurricane in 2017, this post will bring you up to speed about the “other IRMAA.”

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The Impact of Indexing: 13 Real World Examples

Money Talk

Income Tax Changes - Each year, income ranges for federal marginal tax brackets are indexed for inflation. The IRS publishes tables with the income ranges for four filing status categories and seven tax rates that currently range from 10% to 37%. Estate and Gift Tax Exemption - The exemption amount in 2022 will be $12.06

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Save on taxes: Bonus depreciation for business vehicle purchase

WEX Inc.

Tax deductions if you have a fleet of commercial vehicles Are you a small or large business owner with commercial vehicles, or a fleet manager? Calculating your commercial vehicle spend and how it will be impacted at tax time, including mileage and leasing, can make a huge difference in your overall expenses.

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Updates to the Income Tax Withholding Tables and What You Need to Know

Patriot Software

Like past years, the IRS released changes to the income tax withholding tables for 2020. In addition to new wage brackets, there are significant changes to how employers will handle tax withholding. These changes are in response to the Tax Cuts and Jobs Act of 2017.

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Is relocation reimbursement taxable? How to assess tax liability for employee relocation

Business Management Daily

However, the laws regarding relocation expenses have changed in recent years, which can cause confusion for employers and employees. Employers pay the employee back for out-of-pocket relocation costs like packing and moving services, temporary housing, and travel expenses. However, the Tax Cuts and Jobs Act of 2017 changed that.

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2022 QSEHRA Annual Report

PeopleKeep

Since it first became available in 2017, the qualified small employer HRA (QSEHRA) has been offering small employers the unique opportunity to reimburse their employees, tax-free, for their individual insurance premiums and qualifying healthcare expenses.