Money Talk

MAY 18, 2022

Now that 2021 income tax season has been over for a month and the dust has settled, it is time to start some serious tax planning for 2022. Planning now provides seven months to take action and/or implement changes to avoid a stressful “tax scramble” at the end of the year. assets that are taxed in different ways).

Taxes 263

Taxes 401(k) Deductible Deductions 263

HR Lineup

JANUARY 2, 2022

Filing federal and state tax returns online can be challenging and overwhelming for employers. Since the process needs to be seamless and fast, employers are looking for effective tax filing solutions. Luckily, there are tax software programs out there to simplify filing tax returns.

Taxes 245

Taxes Software Payroll Deductible 245

HR Lineup

DECEMBER 5, 2023

In the fast-paced world of taxation and financial management, staying ahead of the curve is crucial for tax professionals. As we step into 2024, the demand for efficient, user-friendly, and comprehensive tax practice management software has never been higher.

Taxes 243

Taxes Software Management Electronics 243

HR Lineup

SEPTEMBER 28, 2024

Two of the most common software solutions in this domain are the Human Resource Information System (HRIS) and Applicant Tracking System (ATS). A Human Resource Information System (HRIS) is a comprehensive software tool that serves as the backbone of HR management. What is an HRIS?

Human Resources 245

Human Resources Payroll Recruitment Retirement Plan 245

PayrollOrg

JANUARY 17, 2022

Federal Payroll Tax Laws & Regulations. Federal Payroll Tax Laws & Regulations contains payroll-related sections of the Internal Revenue Code and Internal Revenue Service regulations. Federal Payroll Non-Tax Laws & Regulations. APAs Guide to Local Payroll Taxes. Content is updated on a regular basis.

Electronics 493

Electronics Payroll Online Payroll Taxes 493

WEX Inc.

MARCH 12, 2025

The season for filing taxes is upon us once again. We wanted to share a few tips and reminders about the health savings account (HSA) information youll need for your tax return. Make sure your W-2 form shows HSA payroll contributions Provided by your employer, your W-2 shows the wages you earned and any taxes withheld.

Taxes 103

Taxes Health Savings Account Deductible Deductions 103

Money Talk

DECEMBER 21, 2023

Below are 12 nuggets of information that I gleaned from 2023 webinars: Getting Going- Some people procrastinate on saving for financial goals because goals seem too big and intimidating. Tax Uncertainty - The tax code is written in pencil. This adds a sense of urgency to tax planning strategies such as Roth IRA conversions.

401(k) 194

401(k) Finance Taxes Media 194

Money Talk

APRIL 17, 2025

Retiree Financial Challenges - Retirees with significant sums in tax-deferred accounts are facing challenges from RMDs, which can trigger tax on Social Security, higher income taxes in general, and higher Medicare premiums call IRMAA. The Impact of Guaranteed Income- Older adults with guaranteed lifetime income (e.g.,

401(k) 176

401(k) Taxes Finance Pension 176

HR Lineup

MARCH 23, 2025

Improved Compliance and Risk Management Compliance with labor laws, tax regulations, and company policies is a significant challenge for HR teams. These insights help HR leaders and executives make informed decisions. Compliance Management Automatically updates labor laws, tax regulations, and industry standards.

Payroll 233

Payroll Global Payroll Taxes Human Resources 233

Money Talk

AUGUST 8, 2024

With less than five months remaining in 2024, now is the time to begin serious tax planning for your 2024 income tax return. I recently attended a webinar with some tips for financial advisors about reviewing clients’ tax returns. Simply look at your 2023 tax return and divide your total tax owed by taxable income.

Taxes 176

Taxes Deductible Deductions Finance 176

Money Talk

APRIL 14, 2022

The 2021 income tax season will soon be in the history books. With income tax calculations still fresh in our heads, this is a great time to do some tax planning for 2022. Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018.

Taxes 189

Taxes Family and Medical Leave Act 401(k) Deductible 189

Money Talk

FEBRUARY 23, 2023

Knowing your tax rate can help you prepare a tax return and take action(s) to reduce your tax liability. Do you know your federal income tax rate? You may actually have several different tax rates (e.g., This post describes the different federal tax rates that apply to taxpayers. a year and a day or longer).

Taxes 188

Taxes Retirement Plan Finance Commissions 188

Money Talk

MARCH 22, 2023

With 2022 income tax season well underway and almost three months already passed in 2023, now is an appropriate time to review some evergreen tax planning tools and techniques. A larger standard deduction means that taxpayers can shelter more income from income taxes. an elective surgery) that exceed 7.5%

Taxes 189

Taxes 401(k) Deductible Deductions 189

Money Talk

FEBRUARY 15, 2024

With 2023 tax season well underway, now is a good time to examine income tax rates, which are a percentage of taxpayers’ income that is taxed. income tax system is progressive, which means that taxes take a larger percentage of income from taxpayers with higher taxable incomes.

Taxes 185

Taxes 401(k) Commissions Bonuses 185

Money Talk

JUNE 16, 2022

If you picture retirement planning and taxes as a Venn Diagram, there is lots of overlap between these two areas of personal finance. This is true both during one’s working years (when taxpayers are saving for retirement) and later, when people are older and withdrawing taxable income from tax-deferred accounts.

Taxes 188

Taxes 401(k) Retirement Plan Pension 188

Money Talk

DECEMBER 7, 2023

As the year winds down so, too, does your opportunity to take proactive steps to reduce 2023 income tax due in April 2024 and, perhaps, taxes due in future years as well. Below are some money-saving tax planning strategies to consider. tax-deferred retirement plan contributions and charitable gifting) are already accounted for.

Taxes 158

Taxes Retirement Plan Deductible Deductions 158

Flimp Communications

FEBRUARY 25, 2025

As the April tax filing deadline is nearing, Americas employees let out a collective groan. This isnt a comment on the economy or current tax policies. Tax season has always arrived with a jolt. Tax filing forces people to honestly assess their incomes, savings plans, and progress toward their financial goals.

Taxes 69

Taxes Deductible Deductions Flexible Spending Account 69

HR Lineup

OCTOBER 13, 2024

Their advanced HR analytics tools provide actionable insights, helping businesses make informed decisions about workforce strategies. Ensure they have expertise in managing international labor laws, tax regulations, and cross-border recruitment. Korn Ferry Korn Ferry is a global organizational consulting firm based in Los Angeles, USA.

Consulting 246

Consulting Payroll Recruitment Payroll Service 246

HR Lineup

SEPTEMBER 24, 2024

This data can provide valuable insights for making informed decisions on recruitment strategies, workforce planning, and employee development initiatives. Key Features: Automated payroll processing: Technology ensures timely and accurate payments by automating payroll tasks such as salary calculations, tax deductions, and overtime.

Retirement Plan 245

Retirement Plan Recruitment Technology Salary 245

WEX Inc.

JULY 30, 2024

As any fleet manager is aware, taxes can be complicated when overseeing a fleet of commercial vehicles. Beyond the usual income tax and business taxes that your business pays annually, you have fuel tax reporting on your checklist too, particularly if your drivers are crossing state lines while on the job. and Canada.

Taxes 52

Taxes Engineering Management IT 52

Money Talk

FEBRUARY 22, 2024

With income tax season well underway, many people are getting ready to see a tax preparer to get their 2023 income tax return prepared and filed before April 15, 2024. Some may have a long-standing tax pro while others are selecting a tax preparer for the first time. About half of U.S. About half of U.S.

Taxes 127

Taxes Banking Finance IT 127

Money Talk

JUNE 13, 2024

With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. This post extends that discussion with a description of seven key steps to take to plan for your 2024 tax return due in 2025. The IRS withholding estimator can help make this calculations.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

Money Talk

DECEMBER 29, 2021

Income Taxes- Tax filing was pushed back to May 17 and advance child tax credits were sent to income-eligible families with children from July to December. There was also late notice of tax exemption for up to $10,200 of 2020 unemployment benefits. savings bond purchases due to inflation fears, meme stock (e.g.,

Finance 363

Finance Taxes Retirement Plan Insurance 363

WEX Inc.

AUGUST 29, 2024

Fertility treatments will qualify for HSA and medical FSA funds to the extent that procedures are performed on the participant, spouse, or another individual whose expenses are eligible for tax-free reimbursement. The information in this blog post is for educational purposes only. It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Money Talk

JUNE 28, 2023

Below are ten mid-year financial tweaks and tasks: Tax-Deferred Savings Tweak - Perhaps you will get a raise on July 1. Consider completing the paperwork needed to save more money from July to December in your employer’s tax-deferred retirement savings plan. The 2023 maximum pre-tax contribution is $3,050.

Flexible Spending Account 242

Flexible Spending Account Banking Health Savings Account Taxes 242

Flimp Communications

DECEMBER 5, 2024

April: Essential Money-Saving Tips April is tax season, and money will be on your employees’ minds. In particular, they will be looking to maximize their tax refunds, but even non-tax-related financial advice is welcome this time of year.

Healthcare 105

Healthcare Taxes Voluntary Benefits PTO 105

WEX Inc.

JULY 30, 2024

ROI of the investment Comparison of current benefit packages with your competitors The benefit budget conversation When the benefit budget conversation here, give the information you prepared and make the argument on why benefits cannot be reduced. This can make their decision more informed and intentional. First, ask questions.

Taxes 98

Taxes Education Benefits Package Salary 98

WEX Inc.

JULY 10, 2024

Digestible bits of information—less is more.” The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Utilities Taxes 98

WEX Inc.

OCTOBER 30, 2024

Health savings accounts (HSAs) HSA participants save money by contributing funds to their HSA pre-tax. Ensure these resources highlight the triple-tax savings, long-term investment potential, and portability between jobs that HSAs offer. The information in this blog post is for educational purposes only. Get our guide here !

Education 95

Education Health Savings Account Taxes Consulting 95

Money Talk

MARCH 2, 2023

Last year, I noticed a new trend that has continued into 2023: ads on social media about online financial seminars focused on required minimum distributions (RMDs) and income taxes owed in later life. Kernels of Truth - Wrapped up in the colorful language and scare tactics was accurate core information: 1.

Taxes 245

Taxes Consulting Education Finance 245

HR Lineup

JANUARY 29, 2024

A pay stub not only serves as a record of an employee’s earnings but also provides crucial information about deductions, taxes, and other financial details. Employee Information: Full name Address Employee identification or social security number Pay period dates 2. Input employee and payment information manually.

Net Pay 246

Net Pay Deductible Deductions Payroll Software 246

WEX Inc.

OCTOBER 2, 2024

Exploring HSAs and FSAs HSAs and medical flexible spending accounts (FSAs) let you save money because the funds you contribute to them are pre-tax. Consider the following when evaluating these accounts: Tax benefit: Contributions to HSAs and FSAs are tax-deductible and reimbursements for qualified medical expenses are tax-free.

Employee Benefits 98

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 98

WEX Inc.

JULY 9, 2024

By contributing more to your HSA, you can use these pre-tax funds to pay for eligible routine or unexpected healthcare expenses that your healthcare plan may not cover. By entering basic information, the My HSA Planner provides personalized contribution suggestions and projects your potential retirement balance. The post It’s July.

Health Savings Account 98

Health Savings Account Healthcare Medical Taxes 98

WEX Inc.

JULY 24, 2024

And don’t forget, that sticker price can be lowered significantly when you take advantage of rebates, tax credits, and other incentives. One example of this is the tax credit offered starting at the beginning of 2023 for businesses and tax-exempt organizations to purchase new EVs and fuel cell electric vehicles (FCEVs).

Taxes 93

Taxes Engineering Government Management 93

Money Talk

JUNE 5, 2024

Webinar attendees were encouraged to aim for 3 to 6 months of essential expenses in emergency savings, automate savings if possible, and put tax refunds to work by saving all or part of them. It does not endorse specific products or services and should not be construed as legal or financial advice.

401(k) 313

401(k) Finance Taxes Utilities 313

HR Lineup

JULY 4, 2024

Transit Passes Transit passes are a popular form of commuter benefit where employers provide employees with pre-tax transit passes or reimbursements for public transportation expenses. Tax Savings: Both employers and employees can enjoy tax advantages. Employers can also save on payroll taxes. For Employers 1.

Transportation 246

Transportation Taxes Deductible Deductions 246

Employee Benefit News

DECEMBER 27, 2024

The head of people at Justworks breaks down what tax information and benefits you should review before 2025.

Taxes 246

Taxes Employee Benefits 246