2022 FUTA Credit Reduction

2022 FUTA Credit Reduction

Are you an employer that noticed a higher federal unemployment tax payment (known as FUTA) in January 2023 for your 2022 payroll taxes? Do you wonder why you had to make this payment (especially if you had paid your FUTA in full in prior quarters?) This additional tax...
2023 Minimum Wage Increases

2023 Minimum Wage Increases

If you are a small business owner with staff in multiple states, you know that it can be a difficult task to stay up to date with numerous minimum wage rate changes. Nearly half of our country increased minimum wages for hourly workers after January 1, 2022 in order...
Navigating IRS Balance-Due Notices

Navigating IRS Balance-Due Notices

During the pandemic, the IRS paused some of its collection and compliance notifications through the remainder of 2022. They specifically stated they would be holding balance-due reminders as the IRS needs time to get caught up on processing paper returns and...

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